08:51     HONGKONG.COM<08006> - Announcement                                  

                                                                              
    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.                   
                                                                              
                                                                              
    China.com Inc.                                                            
    (Incorporated in the Cayman Islands with limited liability)               
    (formerly known as HONGKONG.COM CORPORATION)                              
                                                                              
    CHANGE OF COMPANY NAME                                                    
                                                                              
    The Company changed its name from  "hongkong.com Corporation" to          
    "China.com Inc." and adopted the Chinese name in                          
    replacement of the previous one with effect from                          
    27th April 2005.                                                          
                                                                              
    Shares of the Company will be traded under the new stock short name of    
    "China.com" in English and in Chinese on GEM with effect                  
    from 9:30 a.m. on Thursday, 2nd June 2005.                                
                                                                              
    By Order of the Board                                                     
    China.com Inc.                                                            
    Chan Kai Yu, Rudy                                                         
    Executive Director                                                        
                                                                              
                                                                              
    Hong Kong, 30th May 2005                                                  
                                                                              
    As at the date hereof, the executive directors are Dr. Ch'ien Kuo Fung,   
    Raymond (Chairman of the Board of the Company), Mr. Yip Hak Yung, Peter,  
    Mr. Zhou Shunao, Mr. Chan Kai Yu, Rudy, Mr. Keith Geoffrey Oliver and     
    Mr. Wang Xiaohui; and the independent non-executive directors are         
    Mr. Wong Sin Just, Mr. Chou Kei Fong, Silas, Mr. Wang Cheung Yue, Fred    
    and Mr. Chia Kok Onn.                                                     
                                                                              
    This announcement, for which the directors of the Company collectively    
    and individually accept full responsibility, includes particulars given   
    in compliance with the Rules Governing the Listing of Securities on the   
    Growth Enterprise Market of The Stock Exchange of Hong Kong Limited for   
    the purpose of giving information with regard to the Company. The         
    directors of the Company, 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 found on bases and assumptions that 
    are fair and reasonable.                                                  
                                                                              
    This announcement will remain on the GEM website at www.hkgem.com on the  
    "Latest Company Announcements" page for at least 7 days from the date of  
    its posting and on the website of the Company at www.corp.china.com.