%PDF-1.3 %‚„Ō” 3 0 obj << /Length 16514 >> stream BT /F1 1 Tf 12 0 0 12 315.26 62.92 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?1 ?Tj ET /GS3 gs 1.5 i 272.763 783.809 m 275.064 783.809 l 275.064 774.833 l 277.027 774.833 l 277.027 783.809 l 279.313 783.809 l 279.313 785.352 l 272.763 785.352 l 272.763 783.809 l f 290.685 774.833 m 290.685 776.376 l 287.122 776.376 l 287.122 779.616 l 290.404 779.616 l 290.404 781.158 l 287.122 781.158 l 287.122 783.809 l 290.685 783.809 l 290.685 785.352 l 285.159 785.352 l 285.159 774.833 l 290.685 774.833 l f 301.201 778.577 m 301.159 777.904 301.285 776.165 300.205 776.165 c 298.859 776.165 298.788 777.582 298.788 778.452 c 298.788 781.369 l 298.788 782.183 298.662 784.020 300.205 784.020 c 301.173 784.020 301.103 782.757 301.187 782.084 c 303.122 782.084 l 303.136 782.351 303.109 782.617 303.080 782.883 c 302.940 784.679 301.958 785.577 300.205 785.604 c 297.063 785.604 296.853 783.613 296.768 780.934 c 296.768 779.433 l 296.768 776.628 296.979 774.580 300.205 774.580 c 302.393 774.580 303.038 776.053 303.136 777.975 c 303.150 778.171 303.165 778.381 303.179 778.577 c 301.201 778.577 l f 311.434 774.833 m 311.434 779.644 l 314.183 779.644 l 314.183 774.833 l 316.147 774.833 l 316.147 785.352 l 314.183 785.352 l 314.183 781.187 l 311.434 781.187 l 311.434 785.352 l 309.470 785.352 l 309.470 774.833 l 311.434 774.833 l f 327.460 783.291 m 327.460 782.351 327.502 781.341 327.558 780.331 c 327.614 779.321 327.684 778.298 327.755 777.344 c 327.726 777.344 l 327.249 779.054 326.829 780.303 326.324 781.523 c 324.795 785.352 l 322.762 785.352 l 322.762 774.833 l 324.725 774.833 l 324.725 776.810 l 324.725 777.652 324.683 778.704 324.627 779.756 c 324.571 780.822 324.486 781.888 324.416 782.757 c 324.444 782.757 l 324.907 781.102 325.328 779.826 325.847 778.577 c 327.376 774.833 l 329.424 774.833 l 329.424 785.352 l 327.460 785.352 l 327.460 783.291 l f* 335.954 779.433 m 335.954 776.628 336.164 774.580 339.390 774.580 c 342.616 774.580 342.827 776.628 342.827 779.433 c 342.827 780.934 l 342.742 783.613 342.532 785.604 339.390 785.604 c 336.249 785.604 336.038 783.613 335.954 780.934 c 335.954 779.433 l h 337.974 781.369 m 337.974 782.183 337.848 784.020 339.390 784.020 c 340.849 784.020 340.807 782.154 340.807 781.313 c 340.807 778.620 l 340.807 777.610 340.793 776.165 339.390 776.165 c 338.044 776.165 337.974 777.582 337.974 778.452 c 337.974 781.369 l f* 354.954 774.833 m 354.954 776.376 l 351.307 776.376 l 351.307 785.352 l 349.343 785.352 l 349.343 774.833 l 354.954 774.833 l f 360.981 779.433 m 360.981 776.628 361.191 774.580 364.417 774.580 c 367.643 774.580 367.854 776.628 367.854 779.433 c 367.854 780.934 l 367.770 783.613 367.560 785.604 364.417 785.604 c 361.276 785.604 361.065 783.613 360.981 780.934 c 360.981 779.433 l h 363.001 781.369 m 363.001 782.183 362.875 784.020 364.417 784.020 c 365.876 784.020 365.835 782.154 365.835 781.313 c 365.835 778.620 l 365.835 777.610 365.820 776.165 364.417 776.165 c 363.071 776.165 363.001 777.582 363.001 778.452 c 363.001 781.369 l f* 374.188 779.433 m 374.188 776.628 374.398 774.580 377.624 774.580 c 378.339 774.636 379.083 774.945 379.476 776.039 c 379.504 776.039 l 379.504 774.833 l 380.977 774.833 l 380.977 780.485 l 377.709 780.485 l 377.709 778.943 l 379.069 778.943 l 379.111 777.357 378.747 776.165 377.624 776.165 c 376.278 776.165 376.208 777.582 376.208 778.452 c 376.208 781.369 l 376.208 782.183 376.081 784.020 377.624 784.020 c 378.957 783.963 379.027 783.122 379.055 782.056 c 381.018 782.056 l 381.005 782.477 381.018 782.912 380.920 783.332 c 380.472 785.156 379.308 785.591 377.624 785.604 c 374.483 785.604 374.272 783.613 374.188 780.934 c 374.188 779.433 l f 389.022 785.352 m 386.876 785.352 l 389.611 779.307 l 389.611 774.833 l 391.575 774.833 l 391.575 779.307 l 394.351 785.352 l 392.206 785.352 l 391.266 782.968 l 391.027 782.379 390.761 781.790 390.621 780.977 c 390.592 780.977 l 390.508 781.537 390.340 782.070 390.130 782.589 c 389.022 785.352 l f q 272.600 774.580 121.751 74.422 re W n 0.100 1.000 1.000 0.000 k 344.924 795.384 m 343.201 794.350 341.823 793.086 337.302 793.086 c 335.294 793.086 332.657 795.375 329.857 798.854 c 329.857 798.855 l 328.478 800.568 327.061 802.570 325.658 804.730 c 324.801 806.051 324.068 807.296 323.444 808.454 c 323.443 808.454 l 320.976 813.026 320.219 816.209 320.219 817.218 c 320.219 818.481 322.327 822.157 325.658 825.070 c 328.990 827.983 331.558 829.090 332.477 829.665 c 333.396 830.239 332.592 832.766 332.477 834.301 c 332.362 835.835 332.132 836.943 330.483 837.058 c 328.834 837.172 329.229 837.508 326.807 835.220 c 323.361 831.962 319.644 825.070 319.070 824.381 c 318.496 823.691 318.302 824.611 317.957 827.482 c 317.612 830.354 317.232 832.537 316.428 836.598 c 315.624 840.660 314.590 838.551 313.786 837.747 c 312.982 836.943 312.867 837.402 312.022 837.402 c 311.177 837.402 309.035 836.713 309.380 834.186 c 309.724 831.659 311.907 824.036 312.752 822.042 c 313.597 820.048 312.752 819.285 312.137 817.447 c 311.602 815.851 307.922 810.929 306.136 808.457 c 306.135 808.457 l 305.865 808.084 305.640 807.768 305.474 807.528 c 304.210 805.689 304.785 804.500 306.393 803.925 c 308.001 803.351 308.805 803.581 310.528 804.500 c 312.161 805.370 312.860 806.832 313.552 808.454 c 313.550 808.457 l 313.552 808.457 l 313.899 809.272 314.244 810.129 314.705 810.973 c 316.083 813.501 316.428 812.237 316.887 811.203 c 317.122 810.675 317.447 809.756 318.000 808.454 c 318.001 808.454 l 318.530 807.213 319.268 805.624 320.333 803.696 c 321.280 801.985 322.169 800.397 323.284 798.854 c 323.286 798.854 l 323.284 798.854 l 324.742 796.838 326.586 794.897 329.449 792.857 c 334.504 789.255 337.647 789.870 341.363 790.099 c 345.080 790.329 348.600 795.039 347.796 795.843 c 346.992 796.647 346.647 796.418 344.924 795.384 c f* 300.494 810.859 m 298.655 810.744 295.628 809.824 291.378 809.250 c 287.127 808.676 284.904 808.446 284.329 809.366 c 283.755 810.284 284.633 811.088 285.019 812.812 c 285.404 814.535 286.094 817.907 286.438 820.204 c 286.783 822.502 287.357 824.266 288.736 824.840 c 290.114 825.414 291.074 825.529 294.635 825.529 c 298.196 825.529 302.258 825.414 303.866 826.908 c 305.474 828.401 306.582 831.503 303.250 831.503 c 299.919 831.503 298.941 831.433 295.324 830.699 c 290.229 829.665 289.655 829.550 290.229 831.388 c 290.344 831.962 291.837 836.139 291.952 836.713 c 292.067 837.287 292.067 837.287 293.216 837.517 c 294.364 837.747 308.231 838.666 310.413 839.125 c 312.596 839.585 313.171 840.315 312.137 842.268 c 311.103 844.221 310.988 843.072 310.184 844.795 c 309.380 846.518 308.805 846.174 307.082 845.829 c 305.359 845.484 303.175 844.594 296.358 844.336 c 293.330 844.221 292.699 843.363 289.769 843.991 c 286.553 844.680 283.525 844.221 282.377 841.423 c 281.202 838.561 282.491 836.483 283.870 836.483 c 285.249 836.483 285.560 836.369 285.404 835.105 c 285.249 833.841 284.789 832.077 284.559 831.158 c 284.329 830.239 282.951 829.665 282.147 829.320 c 281.343 828.975 279.734 827.638 279.390 825.644 c 279.045 823.651 279.390 823.076 280.309 822.961 c 281.228 822.846 281.917 822.961 y 281.687 819.630 281.228 817.218 v 280.768 814.805 280.539 812.467 278.930 810.859 c 277.701 809.629 276.178 809.565 274.965 808.454 c 274.964 808.454 l 274.591 808.112 274.247 807.672 273.950 807.068 c 272.686 804.500 271.652 801.858 273.835 801.858 c 276.018 801.858 275.974 803.228 278.701 803.696 c 282.721 804.385 293.256 804.040 296.013 803.696 c 298.770 803.351 299.145 803.311 300.034 805.189 c 301.348 807.965 303.325 807.052 303.806 808.452 c 303.799 808.454 l 303.806 808.454 l 303.830 808.521 303.849 808.595 303.866 808.676 c 304.210 810.399 302.332 810.973 300.494 810.859 c f* Q 0.100 1.000 1.000 0.000 k 345.039 825.070 m 343.890 824.725 342.856 824.570 342.627 821.927 c 342.397 819.285 342.060 817.220 345.269 818.481 c 348.486 819.745 354.426 827.327 349.330 832.422 c 344.235 837.517 333.166 825.144 332.247 813.156 c 332.109 811.355 332.098 809.799 332.184 808.454 c 332.671 800.849 336.262 800.019 337.531 800.019 c 341.049 800.019 345.244 804.572 347.585 808.450 c 347.586 808.457 l 349.017 810.826 349.755 812.946 349.215 813.616 c 347.796 815.379 346.188 811.203 344.350 809.366 c 344.035 809.050 343.744 808.744 343.467 808.454 c 343.464 808.454 l 342.131 807.057 341.097 806.034 338.910 806.034 c 337.762 806.034 336.971 806.933 336.561 808.453 c 336.559 808.453 l 336.561 808.454 l 336.274 809.518 336.173 810.888 336.268 812.467 c 336.498 816.299 336.842 820.145 340.214 824.036 c 343.201 827.482 345.729 827.023 346.073 826.678 c 346.417 826.333 346.188 825.414 345.039 825.070 c f* q 272.600 774.580 121.751 74.422 re W n 367.095 808.456 m 367.097 808.454 l 367.095 808.454 l 367.045 808.413 366.995 808.372 366.947 808.331 c 362.973 804.999 360.744 805.464 359.523 808.455 c 359.509 808.491 359.494 808.525 359.480 808.561 c 357.946 812.467 359.365 815.954 y 363.156 815.954 365.109 817.332 v 367.659 819.133 375.148 823.994 372.846 830.584 c 371.468 834.531 365.798 833.037 363.615 829.780 c 361.624 826.807 359.531 825.201 358.676 823.880 c 357.487 822.042 355.824 822.516 355.419 820.894 c 354.959 819.056 356.568 819.630 356.108 817.447 c 355.694 815.482 354.633 811.801 354.535 808.456 c 354.537 808.454 l 354.535 808.454 l 354.461 805.917 354.942 803.571 356.683 802.317 c 361.338 798.964 370.853 804.409 373.195 808.454 c 373.821 809.536 373.935 810.517 373.306 811.203 c 372.078 812.543 368.868 809.940 367.095 808.456 c h 363.845 825.989 m 365.224 827.942 366.832 828.897 367.677 828.208 c 368.522 827.518 368.137 826.793 366.717 824.381 c 365.298 821.968 362.926 821.583 362.352 821.927 c 361.778 822.272 362.467 824.036 363.845 825.989 c f* 391.882 841.308 m 392.916 844.336 393.606 846.288 391.193 847.552 c 388.781 848.816 386.754 850.424 386.024 846.748 c 385.294 843.072 383.226 835.220 381.159 829.550 c 379.090 823.880 375.690 815.013 376.293 810.170 c 376.374 809.515 376.405 808.952 376.425 808.455 c 376.426 808.454 l 376.425 808.454 l 376.530 805.896 376.358 805.098 381.388 802.777 c 382.882 802.088 387.288 802.777 384.719 804.730 c 383.100 805.961 382.613 806.611 382.422 808.452 c 382.417 808.452 l 382.422 808.454 l 382.364 809.012 382.334 809.683 382.307 810.514 c 382.116 816.412 383.070 818.096 384.489 822.846 c 385.909 827.597 390.849 838.280 391.882 841.308 c f* Q BT /F-12 1 Tf 17.5 0 0 17.5 66.98 753.1 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0068 Tc 0.0097 Tw (EXCEL TECHNOLOGY INTERNATIONAL HOLDINGS LIMITED)Tj /G2 1 Tf 6.4971 -1.2583 TD 0.2411 Tc 0.0000 Tw [<0080>102.8<049b>-3.5<14bf07c5>3.4<04a6>-3.5<0a37>3.4<10e70a9b>-3.5<0670>3.4<03de>-3.5<0822>3.4<02ae>0<0321>99.4<0081>]TJ /F-12 1 Tf 10.2 0 0 10.2 474.26 736.96 Tm 0.0000 Tc (*)Tj /F-11 1 Tf 12 0 0 12 214.58 713.74 Tm 0.0122 Tc 0.0023 Tw [(\(Incorpor)12.9(ated in Bermuda with limited liability\))]TJ /F1 1 Tf 5.89 -1.25 TD 0.0026 Tw (\(Stock Code: 8048\))Tj /F-12 1 Tf 13 0 0 13 207.02 668.74 Tm 0.0101 Tc [(THIRD Q)13(U)58.3(AR)38(TERL)91(Y RESUL)96.1(TS FOR THE)]TJ -0.8769 -1.1538 TD 0.0029 Tw (NINE MONTHS ENDED 30 SEPTEMBER 2004)Tj 12 0 0 12 64.22 623.74 Tm -0.0012 Tc -0.0377 Tw [(Characteristics of The Gr)22(o)8.8(wth Enter)11.5(prise Mark)10.3(et \()]TJ /F2 1 Tf 21.6025 0 TD [(“GEM”\) of The Stock Exchange of Hong K)31.1(ong Limited)]TJ -21.6025 -1.25 TD 0.0123 Tc 0.0013 Tw (\(the “Exchange”\))Tj 0 -2.5 TD 0.0087 Tc -0.0055 Tw [(GEM has been established as a mark)13.3(et designed to accommodate co)]TJ 29.4257 0 TD [(mpanies to which a high in)44.5(v)8.7(e)0(stment)]TJ -29.4257 -1.25 TD -0.0014 Tc -0.0360 Tw [(risk may be attached. In particular)96(, companies may list on GEM )]TJ 27.1714 0 TD [(with neither a track r)22.2(ecord of pr)23.8(of)20.2(itability)]TJ -27.1714 -1.25 TD 0.0194 Tc 0.0178 Tw [(nor any obligation to f)28.2(o)0(r)17.8(ecast futur)18.1(e pr)19.4(of)26.8(itability)68.4(. Furthermor)]TJ 27.7 0 TD [(e, ther)19.5(e may be risks arising out of the)]TJ -27.7 -1.25 TD 0.0001 Tc -0.0321 Tw [(emer)10.4(ging natur)16.9(e of companies listed on GEM and the b)27.9(usiness sec)]TJ 27.7969 0 TD (tors or countries in which the companies)Tj -27.7969 -1.25 TD 0.0103 Tc -0.0011 Tw [(operate. Pr)18.4(ospecti)11.2(v)10.3(e)0( in)38.2(v)10.3(estors should be awar)18.4(e of the potential)]TJ 27.1705 0 TD [( risks of in)44.1(v)10.3(esting in such companies and)]TJ -27.1705 -1.25 TD 0.0085 Tc -0.0064 Tw [(should mak)12.5(e the decision to in)43.1(v)8.5(est only after due and car)18.7(eful c)]TJ 26.9095 0 TD [(onsideration. The gr)21.5(eater risk pr)19.6(of)25(ile and)]TJ -26.9095 -1.25 TD 0.0038 Tc -0.0211 Tw [(other characteristics of GEM mean that it is a mark)17.7(et mor)20.6(e suit)]TJ 27.1566 0 TD [(ed to pr)17.6(ofessional and other sophisticated)]TJ -27.1566 -1.25 TD 0.0126 Tc 0.0000 Tw [(in)39.2(v)12.6(estors.)]TJ 0 -2.5 TD 0.0150 Tc 0.0093 Tw [(Gi)11(v)10(en the emer)11.4(ging natur)17.2(e of companies listed on GEM, ther)22.3(e is )]TJ 28.6395 0 TD (a risk that securities traded on GEM)Tj -28.6395 -1.25 TD 0.0246 Tc 0.0284 Tw [(may be mor)18(e susceptible to high mark)10.8(et v)13.9(olatility than securiti)]TJ 28.4571 0 TD (es traded on the Main Board and no)Tj -28.4571 -1.25 TD 0.0119 Tc 0.0033 Tw [(assurance is gi)12.4(v)11.9(en that ther)13.6(e will be a liquid mark)15.5(et in the se)]TJ 26.5148 0 TD (curities traded on GEM.)Tj -26.5148 -2.5 TD 0.0010 Tc -0.0318 Tw [(The principal means of inf)27(ormation dissemination on GEM is publ)]TJ 28.1687 0 TD [(ication on the inter)25.6(net website operated)]TJ -28.1687 -1.25 TD 0.0118 Tc 0.0021 Tw [(by the Exchange. Listed companies ar)21.5(e not generally r)22.6(equir)16.9(ed to)]TJ 28.199 0 TD ( issue paid announcements in gazetted)Tj -28.199 -1.25 TD 0.0174 Tc 0.0139 Tw [(newspapers. Accordingly)57.1(,)-0.1( pr)18.6(ospecti)11.1(v)12.4(e)0( in)36.6(v)12.4(estors should note that)]TJ 28.3669 0 TD [( they need to ha)23.6(v)12.4(e)0( access to the GEM)]TJ -28.3669 -1.25 TD 0.0122 Tc 0.0026 Tw [(website in order to obtain up-to-date inf)30(ormation on GEM-listed)]TJ 28.3131 0 TD [( issuers.)]TJ /F-11 1 Tf -28.3131 -2.5 TD 0.0105 Tc -0.0003 Tw [(The Exc)17.3(hang)12.1(e tak)8.3(es no r)34.9(esponsibility for the contents of this a)]TJ 25.475 0 TD [(nnouncement, mak)16(es no r)39.9(epr)34.6(esentation as to its)]TJ -25.475 -1.25 TD 0.0117 Tc 0.0017 Tw [(accur)15.4(acy or completeness and e)22.1(xpr)38.1(essly disclaims any liability )]TJ 26.1155 0 TD [(whatsoe)20.3(ver for any loss howe)12.4(ver arising fr)45.1(om)]TJ -26.1155 -1.25 TD 0.0119 Tc 0.0032 Tw [(or in r)40.8(eliance upon the whole or any part of the contents of th)]TJ 25.4448 0 TD (is announcement.)Tj -25.4448 -2.5 TD 0.0216 Tc 0.0226 Tw [(This announcement, for whic)18(h the dir)38.9(ector)8.2(s \(the )]TJ /F3 1 Tf 20.6306 0 TD [(“Dir)37.2(ector)13.2(s”\) of Excel T)93.7(e)0(c)16.2(hnolo)6.2(gy International Holdings)]TJ -20.6306 -1.25 TD 0.0091 Tc -0.0072 Tw (Limited \(the “Company”\) collectively and individually accept fu)Tj 26.3804 0 TD [(ll r)44.5(esponsibility)59(, includes particular)10.2(s given in)]TJ -26.3804 -1.25 TD 0.0124 Tc 0.0038 Tw [(compliance with the Rules Go)12.3(verning the Listing of Securities o)]TJ 26.3322 0 TD [(n the Gr)47.2(owth Enterprise Mark)14.3(et of The Stoc)22.4(k)]TJ -26.3322 -1.25 TD 0.0108 Tc 0.0005 Tw [(Exc)16.4(hang)8.2(e of Hong K)41.5(ong Limited \(“GEM Listing Rules”\) for the pur)]TJ 28.0092 0 TD [(pose of giving information with r)39.5(e)44.8(gar)36.4(d to)]TJ -28.0092 -1.25 TD 0.0055 Tc -0.0163 Tw [(the Company)59.1(. The Dir)35.9(ector)12.5(s, having made all r)36.7(easonable enquirie)]TJ 26.6805 0 TD [(s, conf)18.7(irm that, to the best of their knowledg)16.2(e)]TJ -26.6805 -1.25 TD 0.0219 Tc 0.0231 Tw (and belief:?\(1\) the information contained in this announcement)Tj 27.6187 0 TD [( is accur)21(ate and complete in all material)]TJ -27.6187 -1.25 TD 0.0068 Tc -0.0109 Tw [(r)40.8(espects and not misleading; \(2\) ther)35.3(e ar)39.3(e no other matter)8.9(s the)]TJ 25.3591 0 TD [( omission of whic)15.1(h would mak)14(e any statement in)]TJ -25.3591 -1.25 TD 0.0075 Tc -0.0104 Tw [(this announcement misleading; and \(3\) all opinions e)21.9(xpr)40.5(essed in)]TJ 26.2136 0 TD [( this announcement have been arrived at after)]TJ -26.2136 -1.25 TD 0.0121 Tc 0.0029 Tw [(due and car)35.6(eful consider)18.7(ation and ar)35.6(e founded on bases and assu)]TJ 27.0313 0 TD [(mptions that ar)40.1(e fair and r)41.6(easonable)13.5(.)]TJ -27.0313 -2.89 TD [(* F)109.9(or identif)18.2(ication purpose only)]TJ ET endstream endobj 4 0 obj << /ProcSet [/PDF /Text ] /Font << /F-12 5 0 R /F-11 6 0 R /F1 7 0 R /F2 8 0 R /F3 9 0 R /G2 10 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 15 0 obj << /Length 1283 >> stream BT /F1 1 Tf 12 0 0 12 315.26 62.92 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?2 ?Tj ET q 1 i 0.030 913.980 666.970 -913.980 re W n 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 1000 M []0 d /GS3 gs 64.440 853.110 538.120 -172.420 re S Q BT /F2 1 Tf 12 0 0 12 69.86 838.6 Tm 0.0126 Tc 0.0000 Tw (Highlights)Tj /F1 1 Tf 0 -2.5 TD 0.0104 Tc -0.0014 Tw [(?-1529.6(F)16.4(or the nine months ended 30 September 2004, turno)14.6(v)15.4(er amounted)]TJ 29.2486 0 TD ( to HK$122,403,000, representing a)Tj -27.3586 -1.25 TD 0.0120 Tc 0.0032 Tw [(slight decrease of 5% when compared with the same period of las)]TJ 27.0328 0 TD [(t year)61.8(.)]TJ -28.9228 -2.5 TD 0.0029 Tw [(?-1527.9(Loss from operations w)10(as HK$4,352,000 for the third quarter of)]TJ 28.3437 0 TD [( 2004.)]TJ -28.3437 -2.5 TD [(?-1527.9(Loss from operations w)10.6(as HK$12,477,000 for the nine months end)]TJ 29.4018 0 TD (ed 30 September 2004.)Tj -29.4018 -2.5 TD 0.0470 Tc 0.0745 Tw [(?-1493(Loss attrib)21.9(utable to shareholders for the nine months ended 30)]TJ 30.4242 0 TD [( September 2004 amounted to)]TJ -28.5342 -1.25 TD 0.0121 Tc 0.0028 Tw [(HK$8,696,000. This represents a signif)23.7(icant impro)13.8(v)17.1(ement of 64% )]TJ 27.4205 0 TD [(ag)3.7(ainst the same period in 2003.)]TJ ET endstream endobj 16 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 18 0 obj << /Length 5625 >> stream BT /F1 1 Tf 12 0 0 12 315.26 62.92 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?3 ?Tj /F2 1 Tf -20.92 64.725 TD 0.0121 Tc 0.0027 Tw [(THIRD Q)13.5(U)59.1(AR)38.2(TERL)91.5(Y RESUL)93.5(TS ENDED 30 SEPTEMBER 2004)]TJ /F1 1 Tf 0 -2.5 TD 0.0110 Tc 0.0006 Tw [(The Directors of the Compan)14.7(y present the unaudited consolidated)]TJ 27.0129 0 TD [( results of the Compan)22.5(y and its subsidiaries)]TJ -27.0129 -1.25 TD 0.0234 Tc 0.0260 Tw [(\(collecti)27.5(v)13.4(ely referred to as the “Group”\) for the three months )]TJ 26.2965 0 TD (and nine months ended 30 September 2004,)Tj -26.2965 -1.25 TD 0.0121 Tc 0.0028 Tw [(together with the comparati)31(v)12.1(e)0( f)21.1(igures for the corresponding per)]TJ 26.1033 0 TD [(iods in 2003, as follo)27.5(ws:)]TJ /F2 1 Tf -1.9533 -2.5 TD 0.0032 Tw [(F)23(or the)-10022.8(F)23(or the)]TJ -2.72 -1.25 TD 0.0025 Tw [(thr)24.7(ee months ended)-4770.2(nine months ended)]TJ 1.32 -1.25 TD 0.0123 Tc 0.0020 Tw [(30 September)-7215.6(30 September)]TJ -0.225 -1.25 TD 0.0125 Tc 0.0000 Tw (2004)Tj /F1 1 Tf 6.615 0 TD (2003)Tj /F2 1 Tf 6.615 0 TD (2004)Tj /F1 1 Tf 6.615 0 TD (2003)Tj /F3 1 Tf -25.615 -1.25 TD 0.0121 Tc (Note)Tj /F-13 1 Tf 3.955 0 TD 0.0128 Tc (HK$)Tj /F4 1 Tf 1.9833 0 TD (?00)Tj /F3 1 Tf 4.6867 0 TD 0.0124 Tc (HK$?00)Tj /F4 1 Tf 6.56 0 TD 0.0128 Tc (HK$?00)Tj /F3 1 Tf 6.67 0 TD 0.0124 Tc (HK$?00)Tj /F1 1 Tf -40.61 -2.5 TD [(T)43.5(urno)18.1(v)12.5(e)0(r)]TJ /F3 1 Tf 17.465 0 TD 0.0000 Tc (2)Tj /F2 1 Tf 4.29 0 TD 0.0125 Tc (60,442)Tj /F1 1 Tf 6.61 0 TD (32,956)Tj /F2 1 Tf 6.105 0 TD (122,403)Tj /F1 1 Tf 6.61 0 TD (129,174)Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 2.4 w 10 M []0 d /GS3 gs 1 i 296.660 654.880 m 359.000 654.880 l S 0.48 w 296.660 651.340 m 359.000 651.340 l S 2.4 w 375.980 654.880 m 438.320 654.880 l S 0.48 w 375.980 651.340 m 438.320 651.340 l S 2.4 w 455.420 654.880 m 517.760 654.880 l S 0.48 w 455.420 651.340 m 517.760 651.340 l S 2.4 w 534.740 654.880 m 597.080 654.880 l S 0.48 w 534.740 651.340 m 597.080 651.340 l S BT 12 0 0 12 64.22 624.58 Tm /GS2 gs 0.0122 Tc 0.0022 Tw (Loss from operations)Tj /F2 1 Tf 21.92 0 TD 0.0126 Tc 0.0000 Tw [(\(4,352)8.6(\))]TJ /F1 1 Tf 6.1 0 TD [(\(10,273)11.1(\))]TJ /F2 1 Tf 6.615 0 TD [(\(12,477)6.1(\))]TJ /F1 1 Tf 6.615 0 TD [(\(24,496)11.1(\))]TJ -41.25 -2.5 TD 0.0022 Tw (Finance costs)Tj /F3 1 Tf 17.465 0 TD 0.0000 Tc 0.0000 Tw (3)Tj /F2 1 Tf 5.74 0 TD 0.0128 Tc [(\(97)6.4(\))]TJ /F1 1 Tf 6.615 0 TD [(\(81)11.4(\))]TJ /F2 1 Tf 6.105 0 TD [(\(233)8.7(\))]TJ /F1 1 Tf 6.61 0 TD [(\(359)8.7(\))]TJ -42.535 -2.5 TD 0.0121 Tc 0.0028 Tw (Share of results of associates)Tj /F2 1 Tf 22.265 0 TD 0.0125 Tc 0.0000 Tw (1,971)Tj /F1 1 Tf 7.385 0 TD (153)Tj /F2 1 Tf 5.845 0 TD (3,598)Tj /F1 1 Tf 7.385 0 TD (542)Tj ET /GS3 gs 296.660 559.060 m 359.000 559.060 l 375.980 559.060 m 438.320 559.060 l 455.420 559.060 m 517.760 559.060 l 534.740 559.060 m 597.080 559.060 l S BT 12 0 0 12 64.22 533.62 Tm /GS2 gs 0.0122 Tc 0.0023 Tw (Loss before taxation)Tj /F2 1 Tf 21.92 0 TD 0.0126 Tc 0.0000 Tw [(\(2,478)8.6(\))]TJ /F1 1 Tf 6.1 0 TD [(\(10,201)11.1(\))]TJ /F2 1 Tf 7.13 0 TD [(\(9,112)8.6(\))]TJ /F1 1 Tf 6.1 0 TD [(\(24,313)11.1(\))]TJ -41.25 -2.5 TD [(T)83.6(axation)]TJ /F3 1 Tf 17.465 0 TD 0.0000 Tc (4)Tj /F2 1 Tf 5.23 0 TD 0.0127 Tc [(\(312)8.7(\))]TJ /F1 1 Tf 7.635 0 TD 0.0131 Tc [(\(9)9.2(\))]TJ /F2 1 Tf 5.595 0 TD 0.0127 Tc [(\(363)8.7(\))]TJ /F1 1 Tf 7.47 0 TD 0.0125 Tc (62)Tj ET /GS3 gs 296.660 498.040 m 359.000 498.040 l 375.980 498.040 m 438.320 498.040 l 455.420 498.040 m 517.760 498.040 l 534.740 498.040 m 597.080 498.040 l S BT 12 0 0 12 64.22 472.6 Tm /GS2 gs 0.0122 Tc 0.0022 Tw (Loss before minority interests)Tj /F2 1 Tf 21.92 0 TD 0.0126 Tc 0.0000 Tw [(\(2,790)8.6(\))]TJ /F1 1 Tf 6.1 0 TD [(\(10,210)11.1(\))]TJ /F2 1 Tf 7.13 0 TD [(\(9,475)8.6(\))]TJ /F1 1 Tf 6.1 0 TD [(\(24,251)11.1(\))]TJ -41.25 -2.5 TD 0.0124 Tc 0.0016 Tw (Minority interests)Tj /F2 1 Tf 23.04 0 TD 0.0000 Tw (191)Tj /F1 1 Tf 7.125 0 TD (95)Tj /F2 1 Tf 6.105 0 TD (779)Tj /F1 1 Tf 6.265 0 TD 0.0127 Tc [(\(178)8.7(\))]TJ ET /GS3 gs 296.660 437.080 m 359.000 437.080 l 375.980 437.080 m 438.320 437.080 l 455.420 437.080 m 517.760 437.080 l 534.740 437.080 m 597.080 437.080 l S BT 12 0 0 12 64.22 411.58 Tm /GS2 gs 0.0123 Tc 0.0022 Tw [(Loss attrib)22.8(utable to shareholders)]TJ /F2 1 Tf 21.92 0 TD 0.0126 Tc 0.0000 Tw [(\(2,599)8.6(\))]TJ /F1 1 Tf 6.1 0 TD [(\(10,115)11.1(\))]TJ /F2 1 Tf 7.13 0 TD [(\(8,696)8.6(\))]TJ /F1 1 Tf 6.1 0 TD [(\(24,429)11.1(\))]TJ ET 2.4 w /GS3 gs 296.660 406.900 m 359.000 406.900 l S 0.48 w 296.660 403.360 m 359.000 403.360 l S 2.4 w 375.980 406.900 m 438.320 406.900 l S 0.48 w 375.980 403.360 m 438.320 403.360 l S 2.4 w 455.420 406.900 m 517.760 406.900 l S 0.48 w 455.420 403.360 m 517.760 403.360 l S 2.4 w 534.740 406.900 m 597.080 406.900 l S 0.48 w 534.740 403.360 m 597.080 403.360 l S BT 12 0 0 12 64.22 376.6 Tm /GS2 gs 0.0118 Tc 0.0034 Tw (Loss per share ?Basic)Tj /F3 1 Tf 17.465 0 TD 0.0000 Tc 0.0000 Tw (5)Tj /F2 1 Tf 2.135 0 TD 0.0122 Tc 0.0018 Tw (\(0.26\) cents)Tj /F1 1 Tf 6.72 0 TD 0.0124 Tc 0.0022 Tw (\(1.03\) cents)Tj /F2 1 Tf 6.505 0 TD 0.0122 Tc 0.0018 Tw (\(0.88\) cents)Tj /F1 1 Tf 6.725 0 TD 0.0124 Tc 0.0022 Tw (\(2.48\) cents)Tj ET 2.4 w /GS3 gs 296.660 371.920 m 359.000 371.920 l S 0.48 w 296.660 368.380 m 359.000 368.380 l S 2.4 w 375.980 371.920 m 438.320 371.920 l S 0.48 w 375.980 368.380 m 438.320 368.380 l S 2.4 w 455.420 371.920 m 517.760 371.920 l S 0.48 w 455.420 368.380 m 517.760 368.380 l S 2.4 w 534.740 371.920 m 597.080 371.920 l S 0.48 w 534.740 368.380 m 597.080 368.380 l S endstream endobj 19 0 obj << /ProcSet [/PDF /Text ] /Font << /F-13 20 0 R /F1 7 0 R /F2 8 0 R /F3 9 0 R /F4 21 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 23 0 obj << /Length 6338 >> stream BT /F1 1 Tf 12 0 0 12 315.26 62.92 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?4 ?Tj /F3 1 Tf 11 0 0 11 64.22 839.62 Tm 0.0152 Tc 0.0000 Tw (Notes:)Tj /F2 1 Tf 0 -2.5473 TD 0.0023 Tw [(1.)-1795.8(Basis of pr)14.9(eparation)]TJ /F1 1 Tf 2.5745 -2.5473 TD 0.0093 Tc -0.0151 Tw [(The f)20.4(inancial information has been prepared in accordance with )]TJ 26.2299 0 TD (all applicable Statements of Standard Accounting)Tj -26.2299 -1.3636 TD 0.0191 Tc 0.0107 Tw [(Practice \(“SSAP”\) and Interpretations issued by the Hong K)38.2(ong S)]TJ 27.672 0 TD (ociety of Accountants, accounting principles)Tj -27.672 -1.3636 TD 0.0151 Tc 0.0028 Tw [(generally accepted in Hong K)36.7(ong and the disclosure requirements)]TJ 27.3197 0 TD [( of the Hong K)39.4(ong Companies Ordinance.)]TJ -27.3197 -2.5418 TD 0.0203 Tc 0.0133 Tw [(This f)19.7(inancial information also complies with the applicable di)]TJ 26.4745 0 TD [(sclosure requirements of the Gro)36.1(wth Enterprise)]TJ -26.4745 -1.3636 TD 0.0150 Tc 0.0030 Tw [(Mark)11.5(et operated by The Stock Exchange of Hong K)35(ong Limited.)]TJ 0 -2.5473 TD 0.0153 Tc 0.0024 Tw [(All signif)17.4(icant intra-group transactions and balances ha)27.7(v)13.5(e)0( been)]TJ 26.1087 0 TD 0.0023 Tw ( eliminated on consolidation.)Tj /F2 1 Tf -28.6832 -2.5473 TD 0.0145 Tc 0.0000 Tw [(2.)-1796.4(T)87(u)-0.8(r)20.7(n)-0.8(o)5.8(v)12.7(er)]TJ /F1 1 Tf 2.5745 -2.5418 TD 0.0151 Tc 0.0027 Tw [(The principal acti)28.1(vities of the Group are the de)25(v)13.3(elopment, sale)]TJ 25.9061 0 TD [(s and implementation of enterprise softw)16.6(are.)]TJ -25.9061 -2.5473 TD 0.0114 Tc -0.0073 Tw [(T)44.2(urno)13.2(v)15(er represents the aggre)19.2(g)4.1(ate of the net amounts recei)28.1(v)15(ed a)]TJ 26.1454 0 TD [(nd recei)27.9(v)25.9(able from the sale of enterprise softw)13.1(are)]TJ -26.1454 -1.3636 TD 0.0152 Tc 0.0026 Tw [(products, and the pro)15.4(vision of application, systems inte)15.8(gration)]TJ 25.8594 0 TD [( and professional services during the period.)]TJ /F2 1 Tf -28.434 -2.5473 TD 0.0150 Tc 0.0020 Tw [(3.)-1795.9(Finance costs)]TJ 23.4491 -2.5418 TD 0.0151 Tc 0.0031 Tw [(F)26.1(or the thr)18.2(ee months)-5330.5(F)26.1(or the nine months)]TJ 0.1745 -1.3636 TD 0.0024 Tw [(ended 30 September)-5482.9(ended 30 September)]TJ 1.1291 -1.3636 TD 0.0000 Tw (2004)Tj /F1 1 Tf 7.2109 0 TD (2003)Tj /F2 1 Tf 7.2218 0 TD (2004)Tj /F1 1 Tf 7.2109 0 TD (2003)Tj /F4 1 Tf -23.4709 -1.3636 TD 0.0159 Tc (HK$?00)Tj /F3 1 Tf 7.2709 0 TD 0.0153 Tc (HK$?00)Tj /F4 1 Tf 7.1618 0 TD 0.0159 Tc (HK$?00)Tj /F3 1 Tf 7.2709 0 TD 0.0153 Tc (HK$?00)Tj /F1 1 Tf -42.0545 -2.5473 TD 0.0150 Tc 0.0028 Tw [(Interest on bank loans, o)18.1(v)13.2(erdraft & other)]TJ 1.02 -1.3636 TD 0.0146 Tc 0.0075 Tw [(borro)24.6(wings repayable within f)22.9(i)25.3(v)18.2(e)0( years)]TJ /F2 1 Tf 22.1891 0 TD 0.0136 Tc 0.0000 Tw (97)Tj /F1 1 Tf 7.2164 0 TD (81)Tj /F2 1 Tf 6.6982 0 TD 0.0159 Tc (233)Tj /F1 1 Tf 7.2109 0 TD (359)Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS3 gs 1 i 296.660 434.080 m 359.000 434.080 l 375.980 434.080 m 438.320 434.080 l 455.420 434.080 m 517.760 434.080 l 534.740 434.080 m 597.080 434.080 l S BT /F2 1 Tf 11 0 0 11 347.84 410.62 Tm /GS2 gs 0.0136 Tc (97)Tj /F1 1 Tf 7.2164 0 TD (81)Tj /F2 1 Tf 6.6982 0 TD 0.0159 Tc (233)Tj /F1 1 Tf 7.2109 0 TD (359)Tj ET 2.4 w /GS3 gs 296.660 405.880 m 359.000 405.880 l S 0.48 w 296.660 402.340 m 359.000 402.340 l S 2.4 w 375.980 405.880 m 438.320 405.880 l S 0.48 w 375.980 402.340 m 438.320 402.340 l S 2.4 w 455.420 405.880 m 517.760 405.880 l S 0.48 w 455.420 402.340 m 517.760 402.340 l S 2.4 w 534.740 405.880 m 597.080 405.880 l S 0.48 w 534.740 402.340 m 597.080 402.340 l S BT /F2 1 Tf 11 0 0 11 64.22 377.62 Tm /GS2 gs 0.0151 Tc [(4.)-1795.8(T)87.6(axation)]TJ 23.4491 -2.5473 TD 0.0031 Tw [(F)26.1(or the thr)18.2(ee months)-5330.5(F)26.1(or the nine months)]TJ 0.1745 -1.3636 TD 0.0024 Tw [(ended 30 September)-5482.9(ended 30 September)]TJ 1.1291 -1.3636 TD 0.0000 Tw (2004)Tj /F1 1 Tf 7.2109 0 TD (2003)Tj /F2 1 Tf 7.2218 0 TD (2004)Tj /F1 1 Tf 7.2109 0 TD (2003)Tj /F4 1 Tf -23.4709 -1.3636 TD 0.0159 Tc (HK$?00)Tj /F3 1 Tf 7.2709 0 TD 0.0153 Tc (HK$?00)Tj /F4 1 Tf 7.1618 0 TD 0.0159 Tc (HK$?00)Tj /F3 1 Tf 7.2709 0 TD 0.0153 Tc (HK$?00)Tj /F1 1 Tf -42.0545 -2.5473 TD 0.0022 Tw [(The \(credit\) char)16.7(ge comprises:)]TJ 0 -2.5418 TD [(T)80.7(axation in other jurisdictions)]TJ 1.02 -1.3636 TD 0.0145 Tc 0.0069 Tw (Current year)Tj /F2 1 Tf 22.7018 0 TD 0.0000 Tc 0.0000 Tw (1)Tj /F1 1 Tf 6.7145 0 TD (?Tj /F2 1 Tf 7.7182 0 TD (1)Tj /F1 1 Tf 6.7145 0 TD (?Tj -43.8491 -1.3636 TD 0.0146 Tc 0.0073 Tw [(Ov)13(erpro)17.4(vision in prior years)]TJ /F2 1 Tf 22.2055 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F1 1 Tf 7.2109 0 TD (?Tj /F2 1 Tf 7.2164 0 TD (?Tj /F1 1 Tf 6.3382 0 TD 0.0148 Tc [(\(139)10.5(\))]TJ ET /GS3 gs 296.660 213.040 m 359.000 213.040 l 375.980 213.040 m 438.320 213.040 l 455.420 213.040 m 517.760 213.040 l 534.740 213.040 m 597.080 213.040 l S BT 11 0 0 11 92.54 189.58 Tm /GS2 gs 0.0152 Tc 0.0024 Tw [(T)80.7(axation attrib)16.5(utable to the Compan)19.5(y)]TJ 1.02 -1.3636 TD 0.0146 Tc 0.0072 Tw (and its subsidiaries)Tj /F2 1 Tf 22.7018 0 TD 0.0000 Tc 0.0000 Tw (1)Tj /F1 1 Tf 6.7145 0 TD (?Tj /F2 1 Tf 7.7182 0 TD (1)Tj /F1 1 Tf 5.8364 0 TD 0.0148 Tc [(\(139)10.5(\))]TJ -43.9909 -1.3636 TD 0.0151 Tc 0.0025 Tw [(Share of taxation attrib)23.8(utable to)]TJ 1.02 -1.3636 TD 0.0154 Tc 0.0000 Tw (associates)Tj /F2 1 Tf 21.6709 0 TD 0.0159 Tc (311)Tj /F1 1 Tf 8.2473 0 TD 0.0000 Tc (9)Tj /F2 1 Tf 6.1855 0 TD 0.0159 Tc (362)Tj /F1 1 Tf 7.7291 0 TD 0.0136 Tc (77)Tj ET /GS3 gs 296.660 139.060 m 359.000 139.060 l 375.980 139.060 m 438.320 139.060 l 455.420 139.060 m 517.760 139.060 l 534.740 139.060 m 597.080 139.060 l S BT /F2 1 Tf 11 0 0 11 342.14 115.6 Tm /GS2 gs 0.0159 Tc (312)Tj /F1 1 Tf 8.2473 0 TD 0.0000 Tc (9)Tj /F2 1 Tf 6.1855 0 TD 0.0159 Tc (363)Tj /F1 1 Tf 7.38 0 TD 0.0154 Tc [(\(62)10.2(\))]TJ ET 2.4 w /GS3 gs 296.660 110.920 m 359.000 110.920 l S 0.48 w 296.660 107.380 m 359.000 107.380 l S 2.4 w 375.980 110.920 m 438.320 110.920 l S 0.48 w 375.980 107.380 m 438.320 107.380 l S 2.4 w 455.420 110.920 m 517.760 110.920 l S 0.48 w 455.420 107.380 m 517.760 107.380 l S 2.4 w 534.740 110.920 m 597.080 110.920 l S 0.48 w 534.740 107.380 m 597.080 107.380 l S endstream endobj 24 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R /F3 9 0 R /F4 21 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 26 0 obj << /Length 5002 >> stream BT /F1 1 Tf 12 0 0 12 315.26 62.92 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?5 ?Tj 11 0 0 11 92.54 839.62 Tm 0.0311 Tc 0.0352 Tw [(No pro)10.4(vision for Hong K)41.1(ong Prof)19.6(its T)76.7(ax has been made in the f)25.3(i)0(n)]TJ 28.5384 0 TD [(ancial statements as the Compan)20.9(y and its)]TJ -28.5384 -1.3636 TD 0.0152 Tc 0.0025 Tw [(subsidiaries had no assessable prof)22.9(it for the respecti)25.2(v)18.8(e)0( period)]TJ 25.4038 0 TD 0.0000 Tw (s.)Tj -25.4038 -2.7273 TD 0.0026 Tw [(T)80.7(axation in other jurisdictions is calculated at the rates pre)29.5(v)]TJ 24.7527 0 TD [(ailing in the respecti)25.2(v)13.4(e)0( jurisdictions.)]TJ /F2 1 Tf -27.3273 -2.7273 TD 0.0148 Tc 0.0032 Tw [(5.)-1796.1(Loss per shar)17.4(e)]TJ /F1 1 Tf 2.5745 -2.7273 TD 0.0238 Tc 0.0206 Tw (The calculation of the basic loss per share for the nine months)Tj 26.5258 0 TD [( ended 30 September 2004 is based on the loss)]TJ -26.5258 -1.3636 TD 0.0143 Tc 0.0001 Tw [(attrib)20.3(utable to shareholders of HK$8,696,000 \(2003: HK$24,429,0)]TJ 27.5983 0 TD (00\) and the 985,050,000 \(2003: 985,050,000\))Tj -27.5983 -1.3636 TD 0.0150 Tc 0.0029 Tw (shares in issue during the period.)Tj 0 -2.7273 TD 0.0256 Tc 0.0244 Tw [(No diluted loss per share has been presented as the e)20.6(x)12.9(ercise pr)]TJ 26.7591 0 TD [(ice of the options w)9.8(as higher than the a)24.2(v)18.3(erage)]TJ -26.7591 -1.3636 TD 0.0151 Tc 0.0029 Tw [(mark)9.9(et price per share. Thus no e)13.5(x)18.7(ercise of the Compan)16.6(y?55.9(s outst)]TJ 26.6653 0 TD (anding options is assumed.)Tj /F2 1 Tf 12 0 0 12 64.22 629.62 Tm 0.0127 Tc 0.0000 Tw [(RESER)57.4(VES)]TJ /F1 1 Tf 0 -2.5 TD 0.0120 Tc 0.0031 Tw [(Mo)13(v)17(ements in reserv)17.3(es for the periods ended 30 September 2004 a)]TJ 27.4572 0 TD [(nd 2003 were as follo)31.8(ws:?]TJ /F2 1 Tf -1.6472 -2.5 TD 0.0128 Tc 0.0000 Tw [(Shar)17.5(e)-4098.2(Retained)]TJ -1.52 -1.25 TD 0.0125 Tc [(Pr)19.9(emium)-5504.1(Pr)14.8(of)27.8(it)-5779.2(T)94.5(otal)]TJ /F3 1 Tf 0.26 -1.25 TD 0.0123 Tc [(HK$?00)-4221.6(HK$?00)-4221.6(HK$?00)]TJ /F1 1 Tf -24.55 -2.5 TD 0.0029 Tw [(At 1 January 2003)-17448.7(179,650)-4347.8(\(128,850)8.2(\))-4869.8(50,800)]TJ 0 -1.25 TD 0.0028 Tw [(Loss for the period)-19527.1(?-4862.8(\(24,429)10.7(\))-4524.8(\(24,429)10.7(\))]TJ ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS3 gs 1 i 347.660 489.040 m 404.360 489.040 l 444.020 489.040 m 500.720 489.040 l 540.380 489.040 m 597.080 489.040 l S BT 12 0 0 12 64.22 463.6 Tm /GS2 gs [(At 30 September 2003)-15744(179,650)-4347.7(\(153,279)8.3(\))-4869.7(26,371)]TJ ET 2.4 w /GS3 gs 347.660 458.860 m 404.360 458.860 l S 0.48 w 347.660 455.320 m 404.360 455.320 l S 2.4 w 444.020 458.860 m 500.720 458.860 l S 0.48 w 444.020 455.320 m 500.720 455.320 l S 2.4 w 540.380 458.860 m 597.080 458.860 l S 0.48 w 540.380 455.320 m 597.080 455.320 l S BT 12 0 0 12 64.22 428.62 Tm /GS2 gs 0.0029 Tw [(At 1 January 2004)-17448.7(179,650)-4347.8(\(155,379)8.2(\))-4869.8(24,271)]TJ T* 0.0028 Tw [(Loss for the period)-19527.1(?-5372.8(\(8,696)8.2(\))-5034.8(\(8,696)8.2(\))]TJ ET /GS3 gs 347.660 408.040 m 404.360 408.040 l 444.020 408.040 m 500.720 408.040 l 540.380 408.040 m 597.080 408.040 l S BT 12 0 0 12 64.22 382.6 Tm /GS2 gs [(At 30 September 2004)-15744(179,650)-4347.7(\(164,075)8.3(\))-4869.7(15,575)]TJ ET 2.4 w /GS3 gs 347.660 377.920 m 404.360 377.920 l S 0.48 w 347.660 374.380 m 404.360 374.380 l S 2.4 w 444.020 377.920 m 500.720 377.920 l S 0.48 w 444.020 374.380 m 500.720 374.380 l S 2.4 w 540.380 377.920 m 597.080 377.920 l S 0.48 w 540.380 374.380 m 597.080 374.380 l S BT /F2 1 Tf 12 0 0 12 64.22 347.62 Tm /GS2 gs 0.0124 Tc 0.0017 Tw (INTERIM DIVIDEND)Tj /F1 1 Tf 0 -2.5 TD 0.0089 Tc -0.0046 Tw [(The Directors do not recommend the payment of an interim di)34.5(vide)]TJ 27.0876 0 TD (nd for the nine months ended 30 September)Tj -27.0876 -1.25 TD 0.0122 Tc 0.0026 Tw (2004 \(2003: Nil\).)Tj /F2 1 Tf 0 -2.5 TD 0.0124 Tc 0.0017 Tw [(B)9.4(USINESS REVIEW)]TJ /F1 1 Tf T* 0.0096 Tc -0.0034 Tw [(F)15.6(or the nine months ended 30 September 2004, the Group recorded)]TJ 27.5203 0 TD [( a turno)20(v)14.6(er of HK$122,403,000, compared)]TJ -27.5203 -1.25 TD 0.0120 Tc 0.0030 Tw [(with HK$129,174,000 in the same period of last year)42(, representi)]TJ 26.4602 0 TD (ng a slight decrease of 5%.)Tj -26.4602 -2.5 TD 0.0201 Tc 0.0194 Tw (Loss from operation, for the nine-months period of 2004, signif)Tj 26.83 0 TD (icantly reduced by 49% to HK$12,477,000)Tj -26.83 -1.25 TD 0.0121 Tc 0.0027 Tw (\(2003 : loss of HK$24,496,000\).)Tj 0 -2.5 TD 0.0138 Tc 0.0063 Tw [(Loss attrib)23.3(utable to shareholders for the nine months ended 30 )]TJ 26.1293 0 TD (September 2004 amounted to HK$8,696,000.)Tj -26.1293 -1.25 TD 0.0166 Tc 0.0124 Tw [(This represents a signif)24.9(icant impro)13.1(v)16.6(ement of 64% when compared )]TJ 27.9595 0 TD (with the same period of last year \(2003 :)Tj -27.9595 -1.25 TD 0.0124 Tc 0.0022 Tw (loss of HK$24,429,000\).)Tj ET endstream endobj 27 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R /F3 9 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 29 0 obj << /Length 5227 >> stream BT /F1 1 Tf 12 0 0 12 315.26 62.92 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?6 ?Tj -20.92 64.725 TD 0.0114 Tc 0.0017 Tw (By sector performance comparison of nine months of 2004 with th)Tj 27.3998 0 TD [(e same period of 2003, enterprise softw)17.6(are)]TJ -27.3998 -1.25 TD 0.0075 Tc -0.0100 Tw [(products decreased by 22%, systems inte)20(gration increased by 4%,)]TJ 26.703 0 TD [( professional services gre)30(w by 28% and ASP)]TJ -26.703 -1.25 TD 0.0213 Tc 0.0217 Tw [(services dropped by 2%. The decrease of enterprise softw)15.4(are is )]TJ 27.0053 0 TD [(due to une)17.4(xpected delays of ne)27.4(w contracts)]TJ -27.0053 -1.25 TD 0.0123 Tc 0.0037 Tw [(signing and is e)18.1(xpected to impro)16.4(v)12.3(e)0( in the ne)14.6(xt quarter)56.8(. The inc)]TJ 25.7502 0 TD (rease of professional services is a reflection of)Tj -25.7502 -1.25 TD 0.0069 Tc -0.0134 Tw [(the Group?60.4(s conscious ef)24.5(fort in the de)24.1(v)11.9(elopment of outsourcing )]TJ 25.8268 0 TD [(b)28.7(usiness to multi-national clients le)26(v)16.9(eraging its)]TJ -25.8268 -1.25 TD 0.0122 Tc 0.0020 Tw [(China softw)12.5(are centers.)]TJ /F2 1 Tf 0 -2.5 TD 0.0124 Tc 0.0018 Tw [(FUTURE PR)27.6(OSPECTS)]TJ /F1 1 Tf T* 0.0167 Tc 0.0122 Tw [(Management e)17.5(xpects the Group?53.2(s loss to further narro)31.9(w and b)17.3(usin)]TJ 27.5088 0 TD [(ess outlook to impro)19.3(v)11.7(e)0( through conscious)]TJ -27.5088 -1.25 TD 0.0120 Tc 0.0031 Tw [(cost control and a lar)23.2(ger client base.)]TJ 0 -2.5 TD 0.0229 Tc 0.0252 Tw [(The Group plans to consolidate Excel China?60.3(s v)22.9(arious equity joi)]TJ 27.2803 0 TD [(nt v)20.2(entures to maximize cross selling and)]TJ -27.2803 -1.25 TD 0.0180 Tc 0.0149 Tw [(syner)20.8(gize e)12.8(xpertise b)20.6(uilt in each Center of Excellence. China w)]TJ 26.5951 0 TD [(ill continue to be the Group?60.8(s gro)26.8(wth focus,)]TJ -26.5951 -1.25 TD 0.0122 Tc 0.0026 Tw (adding ASP and outsourcing services to the traditional enterpri)Tj 25.9523 0 TD [(se and systems inte)25.5(gration b)20.3(usiness.)]TJ -25.9523 -2.5 TD 0.0143 Tc 0.0076 Tw [(Excel Hong K)37.6(ong is e)15.5(xpected to benef)17.7(it from Hong K)41.7(ong?50.1(s economi)]TJ 28.3641 0 TD [(c reco)22.4(v)14.3(ery and the maturing of o)12(v)14.3(erseas)]TJ -28.3641 -1.25 TD 0.0167 Tc 0.0122 Tw [(of)26.4(f)19.7(ices. Besides continuing to be Excel?59.4(s breeding ground for i)]TJ 26.1626 0 TD [(ts f)21.6(inance industry enterprise softw)13.5(are, it has)]TJ -26.1626 -1.25 TD 0.0060 Tc -0.0150 Tw [(tak)10(en up the role of promoting outsourcing b)24.6(usiness to multi-na)]TJ 25.6803 0 TD [(tional companies around the w)15.8(orld. Hong K)32.2(ong)]TJ -25.6803 -1.25 TD 0.0166 Tc 0.0121 Tw [(will be the g)8.6(ate)25.7(w)8.6(ay to our outsourcing resource in China, which)]TJ 26.7563 0 TD [( can of)27.4(fer softw)8.1(are de)26.5(v)16.6(elopment services to)]TJ -26.7563 -1.25 TD 0.0121 Tc 0.0027 Tw [(customers at good quality and attracti)31(v)12.1(e)0( price.)]TJ 0 -2.5 TD 0.0027 Tc -0.0233 Tw [(W)41.7(ith securing May Bank, the lar)19.4(gest Malaysian bank as an anchor)]TJ 26.4538 0 TD [( client, more focus will be placed in Malaysia.)]TJ -26.4538 -1.25 TD 0.0120 Tc 0.0028 Tw [(W)81(e)0( e)16.8(xpect the Group to start w)10.4(orking with b)20.3(usiness partners to )]TJ 26.1809 0 TD [(continue our b)26.1(usiness gro)21.5(wth in this territory)69.8(.)]TJ /F2 1 Tf -26.1809 -2.5 TD 0.0066 Tc -0.0150 Tw [(DIRECT)23.4(ORS?AND CHIEF EXECUTIVE’S INTERESTS AND SHOR)39(T POSITIONS )]TJ 37.4017 0 TD (IN SECURITIES)Tj /F1 1 Tf -37.4017 -2.5 TD 0.0032 Tc -0.0221 Tw (At 30 September 2004, the interests and short positions of the )Tj 24.8997 0 TD [(directors and the chief e)23.6(x)13.2(ecuti)24.9(v)18.2(es of the Compan)16.4(y)]TJ -24.8997 -1.25 TD 0.0121 Tc 0.0031 Tw [(in the shares, underlying shares or debentures of the Compan)20.6(y a)]TJ 26.4085 0 TD (nd its associated corporations, as recorded in)Tj -26.4085 -1.25 TD 0.0116 Tc 0.0020 Tw [(the re)15.6(gister maintained by the Compan)19.3(y pursuant to Section 352 )]TJ 26.7134 0 TD (of the Securities and Futures Ordinance \(the)Tj -26.7134 -1.25 TD 0.0122 Tc 0.0029 Tw [(“SFO”\) were as follo)27.3(ws:)]TJ /F2 1 Tf 0 -2.5 TD 0.0017 Tw (Long positions)Tj T* 0.0028 Tw [(\(a\))-1155.8(Ordinary shar)19(es of HK$0.10 each of the Company)]TJ 23.675 -2.5 TD [(Number of ordinary shar)20.8(es held)]TJ 12.805 -1.25 TD 0.0034 Tw (Held by)Tj -14.1 -1.25 TD 0.0032 Tw [(Benef)26.3(icial)-2694.7(Held by)-2649.6(contr)18.6(olled)]TJ -20.02 -1.25 TD 0.0024 Tw [(Name of dir)18.1(ector)-14169.4(o)7.3(wner)-3345.4(family)-1903.6(cor)10.6(poration)]TJ /F1 1 Tf 0 -2.5 TD 0.0029 Tw [(Zee Chan Mei Chu, Pe)18.5(ggy)-9324.1(1,580,000)-5127.9(?-1952.8(563,679,197)]TJ /F3 1 Tf 38.82 0 TD (\(note 1\))Tj /F1 1 Tf -38.82 -1.25 TD 0.0028 Tw [(Fung Din Chung, Rickie)-9611.1(24,559,498)-5125.4(?-6077.8(?]TJ T* 0.0124 Tc 0.0020 Tw [(Leung Luc)16.9(y)62.4(,)0.2( Michele)-14536.1(?-5127.6(?-2462.6(24,559,498)]TJ /F3 1 Tf 38.82 0 TD 0.0121 Tc 0.0029 Tw (\(note 2\))Tj /F1 1 Tf -38.82 -1.25 TD 0.0030 Tw [(W)81.2(en Pei Sung)-14439(2,328,847)-5127.9(?-6077.8(?]TJ T* 0.0123 Tc 0.0029 Tw [(W)81.3(ong Mee Chun)-14545.1(40,000)-2805.2(382,000)-6077.7(?]TJ ET endstream endobj 30 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R /F3 9 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 32 0 obj << /Length 4731 >> stream BT /F1 1 Tf 12 0 0 12 315.26 62.92 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?7 ?Tj /F3 1 Tf 11 0 0 11 92.54 839.62 Tm 0.0152 Tc 0.0000 Tw (Notes:)Tj /F1 1 Tf 0 -2.7273 TD 0.0101 Tc -0.0112 Tw [(\()-4.9(1)-4.9(\))-1374(These shares were held by P)17.4(assion In)41.1(v)13.7(estment \(BVI\) Limited, )]TJ 28.1218 0 TD [(a compan)17.1(y incorporated in the British V)65.3(i)0(r)20.3(gin)]TJ -25.5418 -1.3636 TD 0.0150 Tc 0.0030 Tw [(Islands which is wholly-o)25.5(wned by Zee Chan Mei Chu, Pe)20.4(ggy)66.8(.)]TJ -2.58 -2.7273 TD 0.0204 Tc 0.0139 Tw [(\()5.4(2)5.4(\))-1363.7(These shares were held by Mossell Green Limited, a compan)20.9(y i)]TJ 29.3904 0 TD [(ncorporated in the British V)67.9(i)0(r)13.6(gin Islands)]TJ -26.8104 -1.3636 TD 0.0151 Tc 0.0028 Tw [(which is wholly-o)28.5(wned by Leung Luc)11.6(y)67.8(,)0( Michele.)]TJ /F2 1 Tf 12 0 0 12 64.22 719.62 Tm 0.0122 Tc 0.0018 Tw [(\(b\))-1101.4(Shar)14.9(e options)]TJ /F1 1 Tf 2.36 -2.5 TD 0.0032 Tc -0.0218 Tw (Details of the share options granted to and held by the directo)Tj 24.5994 0 TD [(rs under the Compan)20.5(y?54.4(s share option scheme)]TJ -24.5994 -1.25 TD 0.0119 Tc 0.0033 Tw (adopted on 16 June 2000 and amended on 18 April 2001 \(the “Old )Tj 27.7052 0 TD [(Scheme”\) are as follo)30.8(ws:)]TJ /F2 1 Tf -4.4552 -2.5 TD 0.0123 Tc 0.0026 Tw [(Exer)14.9(cise)-1625.1(Number of)-4224.2(Number of)]TJ -23.25 -1.25 TD 0.0023 Tw [(Name of dir)18.1(ector)-4359.4(Date of grant)-7074.1(price)-1030.3(options held)-1143.3(underlying shar)19.6(es)]TJ /F3 1 Tf 25.015 -1.25 TD 0.0118 Tc 0.0000 Tw (HK$)Tj /F1 1 Tf -25.015 -2.5 TD 0.0121 Tc 0.0029 Tw [(Fung Din Chung, Rickie)-1706.2(1 September 2000 )]TJ /F3 1 Tf 19.55 0 TD 0.0030 Tw (\(note 1\))Tj /F1 1 Tf 5.59 0 TD 0.0125 Tc 0.0000 Tw [(0.90)-2270(8,000,000)-4862.6(8,000,000)]TJ -25.14 -1.25 TD 0.0122 Tc 0.0025 Tw [(Leung Luc)16.7(y)62.2(,)0( Michele)-3021.3(1 September 2000 )]TJ /F3 1 Tf 19.55 0 TD 0.0120 Tc 0.0030 Tw (\(note 1\))Tj /F1 1 Tf 5.59 0 TD 0.0125 Tc 0.0000 Tw [(0.90)-2270(8,000,000)-4862.6(8,000,000)]TJ -25.14 -1.25 TD 0.0120 Tc 0.0032 Tw [(W)81(en Pei Sung)-6024.2(11 October 2001 )]TJ /F3 1 Tf 18.985 0 TD (\(note 2\))Tj /F1 1 Tf 6.155 0 TD 0.0125 Tc 0.0000 Tw [(0.70)-2270(2,000,000)-4862.6(2,000,000)]TJ /F3 1 Tf 11 0 0 11 92.54 524.62 Tm 0.0152 Tc (Notes:)Tj /F1 1 Tf 0 -2.7273 TD 0.0126 Tc -0.0030 Tw [(\(1\))-1371.5(The option period is from 1 September 2000 to 31 August 2005)]TJ 28.7674 0 TD [( \(both dates inclusi)29.4(v)21.6(e\) \(v)10.4(esting period with)]TJ -26.1874 -1.3636 TD 0.0183 Tc 0.0101 Tw (1st tranche of 20% from 1 March 2001, 2nd tranche of 20% from 1)Tj 28.1656 0 TD [( September 2001, 3rd tranche of 15%)]TJ -28.1656 -1.3636 TD 0.0104 Tw (from 1 March 2002, 4th tranche of 15% from 1 September 2002, 5t)Tj 28.2236 0 TD (h tranche of 15% from 1 March 2003)Tj -28.2236 -1.3636 TD 0.0150 Tc 0.0031 Tw (and the remaining tranche of 15% from 1 September 2003\).)Tj -2.58 -2.7273 TD 0.0140 Tc 0.0011 Tw [(\(2\))-1370.1(The option period is from 11 October 2001 to 10 October 2006)]TJ 28.6784 0 TD [( \(both dates inclusi)37.2(v)12.2(e\) \(v)11(esting period with)]TJ -26.0984 -1.3636 TD 0.0224 Tc 0.0181 Tw (1st tranche of 20% from 11 April 2002, 2nd tranche of 20% from )Tj 28.0322 0 TD (11 October 2002, 3rd tranche of 15%)Tj -28.0322 -1.3636 TD 0.0099 Tc -0.0088 Tw (from 11 April 2003, 4th tranche of 15% from 11 October 2003, 5t)Tj 26.9027 0 TD (h tranche of 15% from 11 April 2004 and)Tj -26.9027 -1.3636 TD 0.0150 Tc 0.0030 Tw (the remaining tranche of 15% from 11 October 2004\).)Tj 12 0 0 12 92.54 344.62 Tm 0.0117 Tc 0.0021 Tw [(Sa)18.3(v)16.7(e)0.1( as disclosed abo)12.8(v)16.7(e)0.1( and other than certain nominee shares i)]TJ 26.2364 0 TD 0.0022 Tw (n subsidiaries held by a director in trust)Tj -26.2364 -1.25 TD 0.0061 Tc -0.0126 Tw [(for the Compan)17.1(y or its subsidiaries, at 30 September 2004, none)]TJ 25.9609 0 TD [( of the directors or chief e)21(x)11.1(ecuti)24.5(v)21.1(e)0( or an)13.5(y)]TJ -25.9609 -1.25 TD 0.0073 Tc -0.0081 Tw [(of their spouses or children under the age of 18 had an)16.6(y right )]TJ 24.9711 0 TD [(to subscribe for the shares of the Compan)19.1(y)67.3(,)]TJ -24.9711 -1.25 TD 0.0120 Tc 0.0030 Tw [(or had e)12.8(x)17(ercised an)13.8(y such right.)]TJ -2.36 -2.5 TD 0.0149 Tc 0.0089 Tw [(Sa)24.8(v)14.9(e)0( as disclosed abo)12.7(v)14.9(e, none of the directors nor their associ)]TJ 25.7047 0 TD [(ates had an)19.3(y interests or short positions in an)19.4(y)]TJ -25.7047 -1.25 TD 0.0033 Tc -0.0223 Tw [(shares, underlying shares or debentures of the Compan)19.7(y or an)15.5(y o)]TJ 25.9176 0 TD (f its associated corporations as at 30 September)Tj -25.9176 -1.25 TD 0.0125 Tc 0.0000 Tw (2004.)Tj ET endstream endobj 33 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R /F3 9 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 35 0 obj << /Length 5547 >> stream BT /F1 1 Tf 12 0 0 12 315.26 62.92 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?8 ?Tj /F2 1 Tf -20.92 64.725 TD 0.0124 Tc 0.0011 Tw [(SUBST)90.1(ANTIAL SHAREHOLDERS)]TJ /F1 1 Tf 0 -2.5 TD 0.0224 Tc 0.0241 Tw [(As at 30 September 2004, the re)18.4(gister of substantial shareholde)]TJ 26.8846 0 TD [(rs maintained by the Compan)18.2(y pursuant to)]TJ -26.8846 -1.25 TD 0.0139 Tc 0.0068 Tw [(section 336 of the SFO sho)27.2(ws that the follo)29.2(wing shareholders ha)]TJ 26.7203 0 TD [(d notif)18.6(ied the Compan)16.6(y of rele)26(v)28.9(ant interests)]TJ -26.7203 -1.25 TD 0.0120 Tc 0.0031 Tw [(and short positions in the issued share capital of the Compan)18.9(y)67(.)]TJ /F2 1 Tf 0 -2.5 TD [(Long position in the ordinary shar)20.6(es of HK$0.10 each of the Com)]TJ 28.6038 0 TD 0.0000 Tw (pany)Tj 8.2562 -2.5 TD 0.0026 Tw [(P)18.1(e)0(r)22.2(centage of the)]TJ -9.595 -1.25 TD [(No. of issued)-3010.3(issued shar)17(e capital)]TJ -27.265 -1.25 TD 0.0122 Tc 0.0025 Tw [(Name of shar)17.7(eholders)-14216(ordinary shar)17.3(es held)-4565.7(of the Company)]TJ /F1 1 Tf 0 -2.5 TD 0.0118 Tc 0.0034 Tw [(Zee Chan Mei Chu, Pe)17.6(ggy )]TJ /F3 1 Tf 11.17 0 TD (\(Note 1\))Tj /F1 1 Tf 16.535 0 TD 0.0125 Tc 0.0000 Tw [(565,259,197)-8417.6(57.38%)]TJ -27.705 -2.5 TD 0.0122 Tc 0.0027 Tw [(P)13.2(assion In)45.4(v)12.2(estment \(BVI\) Limited )]TJ /F3 1 Tf 14.395 0 TD (\(Note 1\))Tj /F1 1 Tf 13.31 0 TD 0.0125 Tc 0.0000 Tw [(563,679,197)-8417.6(57.22%)]TJ -27.705 -2.5 TD 0.0121 Tc 0.0027 Tw [(Cheung K)37.7(ong \(Holdings\) Limited )]TJ /F3 1 Tf 14.18 0 TD (\(Note 2\))Tj /F1 1 Tf 13.525 0 TD 0.0125 Tc 0.0000 Tw [(143,233,151)-8417.6(14.54%)]TJ -27.705 -2.5 TD 0.0121 Tc 0.0028 Tw [(Li Ka-Shing Unity T)38.6(rustee Compan)16.7(y Limited )]TJ /F3 1 Tf 19.025 0 TD (\(Note 2\))Tj /F1 1 Tf 8.68 0 TD 0.0125 Tc 0.0000 Tw [(143,233,151)-8417.6(14.54%)]TJ -26.695 -1.25 TD 0.0120 Tc 0.0031 Tw [(\(as trustee of The Li Ka-Shing Unity T)38.5(rust\))]TJ -1.01 -2.5 TD 0.0028 Tw [(Li Ka-Shing Unity T)39.4(rustcorp Limited )]TJ /F3 1 Tf 15.715 0 TD (\(Note 2\))Tj /F1 1 Tf 11.99 0 TD 0.0125 Tc 0.0000 Tw [(143,233,151)-8417.6(14.54%)]TJ -26.695 -1.25 TD 0.0122 Tc 0.0025 Tw (\(as trustee of another discretionary trust\))Tj -1.01 -2.5 TD 0.0027 Tw [(Li Ka-Shing Unity T)39.2(rustee Corporation Limited )]TJ /F3 1 Tf 20.03 0 TD (\(Note 2\))Tj /F1 1 Tf 7.675 0 TD 0.0125 Tc 0.0000 Tw [(143,233,151)-8417.6(14.54%)]TJ -26.695 -1.25 TD 0.0121 Tc 0.0028 Tw [(\(as trustee of The Li Ka-Shing Unity Discretionary T)36.1(rust\))]TJ -1.01 -2.5 TD 0.0031 Tw (Li Ka-shing )Tj /F3 1 Tf 5.205 0 TD (\(Note 2\))Tj /F1 1 Tf 22.5 0 TD 0.0125 Tc 0.0000 Tw [(143,233,151)-8417.6(14.54%)]TJ -27.705 -2.5 TD 0.0121 Tc 0.0029 Tw (Alps Mountain Agent Limited )Tj /F3 1 Tf 12.735 0 TD (\(Note 2\))Tj /F1 1 Tf 15.485 0 TD 0.0125 Tc 0.0000 Tw [(71,969,151)-8930.1(7.31%)]TJ -28.22 -2.5 TD 0.0123 Tc 0.0024 Tw (iBusiness Corporation Limited )Tj /F3 1 Tf 12.955 0 TD (\(Note 2\))Tj /F1 1 Tf 15.265 0 TD 0.0125 Tc 0.0000 Tw [(67,264,000)-8930.1(6.83%)]TJ /F3 1 Tf 11 0 0 11 64.22 344.62 Tm 0.0152 Tc (Notes:)Tj /F1 1 Tf 0 -2.7273 TD 0.0163 Tc 0.0055 Tw [(1)2.7(.)-1794.6(These shares ha)19.1(v)14.5(e)0( been disclosed as the corporate interest of)]TJ 27.8272 0 TD [( the director in the paragraph “Directors?and chief)]TJ -25.2527 -1.3636 TD 0.0153 Tc 0.0024 Tw [(e)12(x)13.5(ecuti)29.5(v)13.5(e)0(?54.8(s)0( interests and short positions in securities?)]TJ -2.5745 -2.7273 TD 0.0356 Tc 0.0443 Tw [(2)22(.)-1775.3(Mr)55(. Li Ka-shing is the settlor of each of The Li Ka-Shing Uni)]TJ 29.913 0 TD [(ty Discretionary T)37.7(rust \(“DT1”\) and another)]TJ -27.3384 -1.3636 TD 0.0274 Tc 0.0282 Tw [(discretionary trust \(“DT2”\). Each of Li Ka-Shing Unity T)36.9(rustee )]TJ 27.6598 0 TD (Corporation Limited \(“TDT1? which is the)Tj -27.6598 -1.3636 TD 0.0171 Tc 0.0074 Tw [(trustee of DT1\) and Li Ka-Shing Unity T)40(rustcorp Limited \(“TDT2?]TJ 28.1835 0 TD (, which is the trustee of DT2\) holds units in)Tj -28.1835 -1.3636 TD 0.0010 Tc -0.0377 Tw [(The Li Ka-Shing Unity T)35.3(rust \(“UT1”\) b)17(ut is not entitled to an)22.2(y )]TJ 25.0362 0 TD [(interest or share in an)16.3(y particular property comprising)]TJ -25.0362 -1.3636 TD 0.0089 Tc -0.0127 Tw (the trust assets of the said unit trust. The discretionary bene)Tj 24.1828 0 TD [(f)22.9(iciaries of each of DT1 and DT2 are, inter alia, Mr)62.8(. Li)]TJ -24.1828 -1.3636 TD 0.0265 Tc 0.0262 Tw [(Tzar K)16.6(uoi, V)56.2(ictor)45.6(, his wife and children and Mr)52.2(. Li Tzar Kai, R)]TJ 27.3649 0 TD [(ichard. Li Ka-Shing Unity T)38.6(rustee Compan)16.2(y)]TJ -27.3649 -1.3636 TD 0.0107 Tc -0.0083 Tw (Limited \(“TUT1”\) as trustee of UT1 together with certain compan)Tj 27.121 0 TD (ies which TUT1 as trustee of UT1 is entitled to)Tj -27.121 -1.3636 TD 0.0113 Tc -0.0065 Tw [(e)13.5(x)14.9(ercise or control the e)17.3(x)14.9(ercise of one-third or more of the v)28.1(o)]TJ 25.1822 0 TD [(ting po)24.2(wer at their general meetings hold more than)]TJ -25.1822 -1.3636 TD 0.0103 Tc -0.0100 Tw [(one-third of the issued share capital of Cheung K)38.9(ong \(Holdings\))]TJ 26.2687 0 TD [( Limited \(“CKH”\). CKH is entitled to e)20.1(x)13.9(ercise or)]TJ -26.2687 -1.3636 TD 0.0215 Tc 0.0161 Tw [(control the e)14.2(x)14.2(ercise of one-third or more of the v)24.9(oting po)24.9(wer a)]TJ 26.4747 0 TD (t the general meetings of Alps Mountain Agent)Tj -26.4747 -1.3636 TD 0.0153 Tc 0.0021 Tw [(Limited \(?78.2(Alps”\) and iBusiness Corporation Limited \(“iBusiness?]TJ 27.3416 0 TD 0.0000 Tw (\).)Tj ET endstream endobj 36 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R /F3 9 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 38 0 obj << /Length 4547 >> stream BT /F1 1 Tf 12 0 0 12 315.26 62.92 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?9 ?Tj 11 0 0 11 92.54 839.62 Tm 0.0235 Tc 0.0201 Tw (The entire issued share capital of each of TUT1, TDT1 and TDT2 )Tj 28.3526 0 TD [(are o)30.2(wned by Li Ka-Shing Unity Holdings)]TJ -28.3526 -1.3636 TD 0.0203 Tc 0.0140 Tw [(Limited \(“Unity Holdco”\). Each of Mr)55.5(. Li Ka-shing, Mr)56.5(. Li Tzar )]TJ 27.5681 0 TD [(K)17.7(uoi, V)61.4(i)-0.1(ctor and Mr)56.5(. Li Tzar Kai, Richard is)]TJ -27.5681 -1.3636 TD 0.0120 Tc -0.0045 Tw (interested in one-third of the entire issued share capital of U)Tj 24.7051 0 TD (nity Holdco. TUT1 is only interested in the shares of)Tj -24.7051 -1.3636 TD 0.0100 Tc -0.0097 Tw [(CKH by reason only of its oblig)5.5(ation and po)21.2(wer to hold interest)]TJ 26.024 0 TD [(s in those shares in its ordinary course of b)34.2(usiness)]TJ -26.024 -1.3636 TD 0.0102 Tc [(as trustee and, when performing its functions as trustee, e)21.4(x)13.8(erc)]TJ 25.2079 0 TD [(ises its po)25.5(wer to hold interests in the shares of CKH)]TJ -25.2079 -1.3636 TD 0.0089 Tc -0.0132 Tw [(independently without an)16.9(y reference to Unity Holdco or an)14.3(y of M)]TJ 26.7818 0 TD [(r)58.2(.)0( Li Ka-shing, Mr)58.8(. Li Tzar K)12.3(uoi, V)58.4(ictor and Mr)61.3(.)]TJ -26.7818 -1.3636 TD 0.0149 Tc 0.0033 Tw (Li Tzar Kai, Richard as a holder of the shares of Unity Holdco )Tj 26.254 0 TD (as aforesaid.)Tj -26.254 -2.7273 TD 0.0146 Tc 0.0031 Tw [(By virtue of the SFO, each of Mr)52.1(. Li Ka-shing, being the settlo)]TJ 26.0968 0 TD [(r and may being re)24.5(g)7.3(arded as a founder of each of)]TJ -26.0968 -1.3636 TD 0.0319 Tc 0.0362 Tw (DT1 and DT2 for the purpose of the SFO, TUT1, TDT1, TDT2 and CK)Tj 31.1971 0 TD (H is deemed to be interested in the)Tj -31.1971 -1.3636 TD 0.0121 Tc -0.0044 Tw [(143,233,151 shares of the Compan)16.3(y of which 71,969,151 shares ar)]TJ 27.4525 0 TD (e held by Alps and 67,264,000 shares are held)Tj -27.4525 -1.3636 TD 0.0153 Tc 0.0017 Tw (by iBusiness.)Tj 12 0 0 12 64.22 644.62 Tm 0.0161 Tc 0.0114 Tw [(Sa)22.2(v)16.1(e)0( as disclosed abo)16.6(v)11.1(e, the Compan)16.8(y has not been notif)20.2(ied of a)]TJ 26.9204 0 TD [(n)16.5(y)0( other interests and short positions in the)]TJ -26.9204 -1.25 TD 0.0120 Tc 0.0031 Tw [(issued share capital of the Compan)18.5(y at 30 September 2004.)]TJ /F2 1 Tf 0 -2.5 TD 0.0027 Tw [(PURCHASE, SALE OR REDEMPTION OF THE COMP)78.7(ANY’S LISTED SECURITIES)]TJ /F1 1 Tf T* 0.0149 Tc 0.0089 Tw [(During the nine months period under re)26.1(vie)26.8(w)66.9(,)0( neither the Compan)18(y)]TJ 27.5449 0 TD [( nor an)14(y of its subsidiaries has purchased,)]TJ -27.5449 -1.25 TD 0.0121 Tc 0.0028 Tw [(sold or redeemed an)13.6(y of the Compan)18.4(y?57.2(s listed securities.)]TJ 30.805 -2.5 TD 0.0118 Tc 0.0034 Tw (By Order of the Board)Tj /F2 1 Tf -1.1 -1.25 TD 0.0032 Tw [(Zee Chan Mei Chu, P)17.5(eggy)]TJ /F3 1 Tf 3.655 -1.25 TD 0.0123 Tc 0.0000 Tw (Chairman)Tj -33.36 -2.5 TD 0.0029 Tw [(The Boar)40.3(d comprises of:)]TJ /F1 1 Tf T* 0.0121 Tc 0.0028 Tw [(Zee Chan Mei Chu, Pe)16.1(ggy )]TJ /F3 1 Tf 11.175 0 TD [(\(Executive Dir)36.2(ector\))]TJ /F1 1 Tf -11.175 -1.25 TD 0.0123 Tc 0.0022 Tw [(Leung Luc)17.5(y)62.3(,)0.1( Michele )]TJ /F3 1 Tf 9.055 0 TD 0.0023 Tw [(\(Executive Dir)37.6(ector\))]TJ /F1 1 Tf -9.055 -1.25 TD 0.0026 Tw (Fung Din Chung, Rickie )Tj /F3 1 Tf 10.375 0 TD [(\(Executive Dir)42.6(ector\))]TJ /F1 1 Tf -10.375 -1.25 TD 0.0027 Tw [(W)81.2(en Pei Sung )]TJ /F3 1 Tf 6.055 0 TD [(\(Executive Dir)37.4(ector\))]TJ /F1 1 Tf -6.055 -1.25 TD 0.0025 Tw [(Ip T)80.4(ak Chuen, Edmond )]TJ /F3 1 Tf 9.825 0 TD [(\(Non-e)20.4(xecutive Dir)39.4(ector\))]TJ /F1 1 Tf -9.825 -1.25 TD 0.0022 Tw [(Cheong Y)53.3(ing Che)27(w)64.3(,)0( Henry )]TJ /F3 1 Tf 11.35 0 TD [(\(Independent non-e)20.7(xecutive Dir)44.3(ector\))]TJ /F1 1 Tf -11.35 -1.25 TD 0.0023 Tw (Chang Ka Mun )Tj /F3 1 Tf 6.58 0 TD [(\(Independent non-e)21.3(xecutive Dir)39.7(ector\))]TJ /F1 1 Tf -6.58 -1.25 TD [(W)81.3(ong Mee Chun )]TJ /F3 1 Tf 7.235 0 TD [(\(Independent non-e)21.3(xecutive Dir)39.6(ector\))]TJ /F1 1 Tf -7.235 -2.5 TD 0.0120 Tc 0.0031 Tw [(Hong K)39.2(ong, 8 No)11.4(v)12(ember 2004)]TJ /F3 1 Tf T* 0.0206 Tc 0.0205 Tw [(This announcement will r)41.4(emain on the “Latest Company Announceme)]TJ 29.5318 0 TD [(nts?pa)9.6(g)10.6(e)0( of the GEM website for at)]TJ -29.5318 -1.25 TD 0.0120 Tc 0.0032 Tw [(least se)15.9(ven days fr)46(om the date of its posting and on the websit)]TJ 25.452 0 TD [(e of the Company at www)79(.)0(e)18(xcel.com.hk.)]TJ ET endstream endobj 39 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R /F3 9 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 11 0 obj << /Type /ExtGState /SA false /SM 0.02 /OP true /op true /OPM 1 /BG2 /Default /UCR2 /Default >> endobj 12 0 obj << /Type /ExtGState /SA false /SM 0.02 /OP false /op false /OPM 1 /BG2 /Default /UCR2 /Default >> endobj 40 0 obj << /Type /FontDescriptor /Ascent 752 /CapHeight 737 /Descent -271 /Flags 6 /FontBBox [-152 -244 981 872] /FontName /FOMEEJ+MSung-Xbold /ItalicAngle 0 /StemV 58 /XHeight 553 /CIDSet 41 0 R /FontFile3 42 0 R >> endobj 41 0 obj << /Filter /FlateDecode /Length 67 >> stream HČbd@?T∑šńŮĶÁĺļ