10:30     KINGDEE INT'L<08133> - Announcement (1)                             

    The Stock Exchange of Hong Kong Limited takes no                          
    responsibility for the contents of this announcement,                     
    makes no representation as to its accuracy or                             
    completeness and expressly disclaims any liability                        
    whatsoever for any loss howsoever arising from or in                      
    reliance upon the whole or any part of the contents                       
    of this announcement.                                                     
                                                                              
    KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED                      
    (incorporated in the Cayman Islands with limited                          
    liability)                                                                
    (Stock Code: 8133)                                                        
                                                                              
    ANNOUNCEMENT                                                              
                                                                              
    PROPOSED LISTING ON THE MAIN BOARD OF                                     
    THE STOCK EXCHANGE OF HONG KONG LIMITED                                   
    BY WAY OF INTRODUCTION                                                    
                                                                              
    PROPOSED VOLUNTARY WITHDRAWAL OF LISTING ON                               
    THE GROWTH ENTERPRISE MARKET OF                                           
    THE STOCK EXCHANGE OF HONG KONG LIMITED                                   
                                                                              
    Further to the announcement of the Company dated 23                       
    September 2004, the Company would like to announce                        
    that DBS Asia Capital Limited, acting as the sponsor                      
    to the Proposed Listing, submitted a new advanced                         
    booking form to the Stock Exchange dated 22 April 2005                    
    for the Proposed Listing. The original advanced                           
    booking form has lapsed because the listing                               
    application has been outstanding for more than 6                          
    months.                                                                   
                                                                              
    Shareholders and potential investors should be aware                      
    that the implementation of the Proposed Listing and                       
    the Proposed Withdrawal are subject to certain                            
    conditions to be fulfilled and thus may or may not                        
    become effective. The Proposed Listing and the                            
    Proposed Withdrawal may or may not proceed.                               
    Shareholders and potential investors are advised to                       
    exercise extreme caution when dealing in the Shares.                      
                                                                              
    By order of the Board                                                     
    Kingdee International Software Group Company Limited                      
    Xu Shao Chun                                                              
    Chairman                                                                  
                                                                              
    Hong Kong, 12 May 2005                                                    
                                                                              
    This announcement, for which the Directors                                
    collectively and individually accept full                                 
    responsibility, includes particulars given in                             
    compliance with the GEM Listing Rules for the purpose                     
    of giving information with regard to the Company. The                     
    Directors, having made all reasonable enquiries,                          
    confirm that, to the best of their knowledge and                          
    belief: (1) the information contained in this                             
    announcement is accurate and complete in all material                     
    respects and not misleading; (2) there are no other                       
    matters the omission of which would make any statement                    
    in this announcement misleading; and (3) all opinions                     
    expressed in this announcement have been arrived at                       
    after due and careful consideration and are founded                       
    on bases and assumptions that are fair and reasonable.                    
                                                                              
    As at the date of this announcement, the Board                            
    comprises of the executive Directors namely Mr. Xu                        
    Shao Chun (Chairman) and Mr. Luo Ming Xing; the                           
    non-executive Directors namely Mr. James Ming King,                       
    Mr. Zhao Yong and Mr. Hugo Shong; and the independent                     
    non-executive Directors namely Ms. Yang Zhou Nan,