09:21     IIN INT'L<08128> - Quarterly Results Announcement (2)               

    Turnover represents the net invoiced value of goods sold, after           
    allowances for returns, trade discounts and business tax where            
    applicable, and services rendered.                                        
                                                                              
    An analysis of the Group's turnover is as follows:                        
                                                                              
                                                  For the six months          
                                                   ended 31 March             
                                                      2005        2004        
                                                   HK$'000     HK$'000        
                                               (unaudited)  (unaudited)       
                                                                              
    Network infrastructure solutions                27,806      28,636        
    Network management solutions                       905       2,647        
    Other network solutions for                                               
      sectors other than telecommunications          1,261      12,027        
    Transmission                                    15,677      20,309        
                                                   -------     -------        
                                                    45,649      63,619        
                                                   =======     =======        
                                                                              
                                                                              
    3.  Loss from operating activities                                        
                                                                              
    The Group's loss from operating activities is arrived at after            
    charging:                                                                 
                                                                              
                                                  For the six months          
                                                   ended 31 March             
                                                      2005        2004        
                                                   HK$'000     HK$'000        
                                               (unaudited)  (unaudited)       
                                                                              
                                                                              
    Staff costs (including directors' emoluments)    5,070       6,031        
    Depreciation                                     3,267       2,400        
    Amortisation of deferred development cost          344         614        
    Amortisation of goodwill                         2,690       1,720        
    Minimum lease payments under                                              
      operating leases in respect                                             
      of land and buildings                            926         537        
    Provision for bed and doubtful debts               495         404        
                                                                              
                                                                              
    4.  Loss per share                                                        
                                                                              
    The calculation of basic loss per share for the three months and          
    six months ended 31 March 2005 is based on the respective unaudited       
    consolidated net loss from ordinary activities attributable to            
    shareholders of approximately HK$6,027,000 and HK$10,854,000              
    (three months ended 31 March 2004: approximately HK$6,324,000 and         
    six months ended 31 March 2004: approximately HK&7,984,000) and           
    the weighted average number of 1,543,160,470 shares and                   
    1,543,160,470 shares respectively (2004: 1,436,517,350 and                
    1,436,517,350 respectively) in issue during the period.                   
                                                                              
    The diluted loss per share for the three months and six months            
    ended 31 March 2004 and 2005 are not presented as the potential           
    ordinary shares outstanding had an anti-dilutive effect                   
    on the basic loss per share for the three months and six months           
    ended 31 March 2004 and 2005.                                             
                                                                              
    5.  Dividend                                                              
                                                                              
    The Directors do not recommend payment of an interim dividend             
    for the period (2004: Nil)