09:28     GLORY MARK<08159> - Quarterly Results Announcement (1)              

    GLORY MARK HI-TECH (HOLDINGS) LIMITED announced on 13/05/2005:            
    (stock code: 08159 )                                                      
                                                                              
    Year end date                         :31/12/2005                         
    Currency                              :HKD                                
    Auditors' report                      :N/A                                
    1st Quarterly Report Reviewed by      :Audit Committee                    
                                                                              
    Important Note :                                                          
                                                                              
    This result announcement form only contains extracted information from    
    and should be read in conjunction with the detailed results announcement  
    of the issuer, which can be viewed on the GEM website at                  
    http://www.hkgem.com                                                      
                                                                              
                                               (Unaudited)       (Unaudited)  
                                                  Current Last Corresponding  
                                                   Period            Period   
                                           from 01/01/2005   from 01/01/2004  
                                             to 31/03/2005     to 31/03/2004  
                                                     $'000             $'000  
                                                                              
    Turnover                              :         63,338            56,368  
    Profit/(Loss) from Operations         :          2,696             4,510  
    Finance cost                          :            N/A               N/A  
    Share of Profit/(Loss) of Associates  :            N/A               N/A  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :            N/A               N/A  
    Profit/(Loss) after Taxation & MI     :          2,018             4,018  
    % Change Over the Last Period         :         -49.78%                   
    EPS / (LPS)                                                               
              Basic (in dollar)           :     HKD 0.0063        HKD 0.0126  
              Diluted (in dollar)         :            N/A        HKD 0.0125  
    Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A  
    Profit (Loss) after ETD Items         :         2,018             4,018   
    1st Quarter Dividends per Share       :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for 1st Quarter Dividends   :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for (-) General Meeting     :            N/A                    
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                           (bdi: both days inclusive)         
                                                                              
    For and on behalf of                                                      
    GLORY MARK HI-TECH (HOLDINGS) LIMITED                                     
                                                                              
    Signature :                                                               
    Name      : WONG CHUN                                                     
    Title     : CHIEF EXECUTIVE OFFICER                                       
                                                                              
    Responsibility statement                                                  
                                                                              
    The directors of the Company (the "Directors") as at the date hereof      
    hereby collectively and individually accept full responsibility for the   
    accuracy of the information contained in this results announcement form   
    (the "Information") and confirm, having made all reasonable inquiries,    
    that to the best of their knowledge and belief the Information are        
    accurate and complete in all material respects and not misleading and     
    that there are no other matters the omission of which would make the      
    Information herein inaccurate or misleading.The Directors acknowledge     
    that the Stock Exchange has no responsibility whatsoever with regard to   
    the Information and undertake to indemnify the Exchange against all       
    liability incurred and all losses suffered by the Exchange in connection  
    with or relating to the Information.                                      
                                                                              
    Remarks:                                                                  
                                                                              
    1. General                                                                
                                                                              
    The Company was incorporated in the Cayman Islands as                     
    an exempted company with limited liability under the                      
    Companies Law (2001 Second Revision) of the Cayman Islands.               
                                                                              
    The Company acts as an investment holding company.                        
                                                                              
    2. Turnover                                                               
                                                                              
    Turnover was HK$63,338,000 for the three months ended                     
    31 March 2005 (2004: HK$56,368,000).                                      
                                                                              
    Turnover represents the amounts received and                              
    receivable, net of discounts and returns, from the                        
    sales of connectivity products mainly for                                 
    computers and computer peripheral products, and                           
    subcontracting service rendered during the period.