THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

In relation to the matter of Global Trend Intelligent Technologies Limited
(Stock Code 691)
Cancellation of listing
in accordance with Practice Note 17 to the
Rules Governing the Listing of Securities on
The Stock Exchange of Hong Kong Limited (the "Listing Rules")

The Stock Exchange of Hong Kong Limited (the "Exchange") announces that the listing of the shares of Global Trend Intelligent Technologies Limited (the "Company") will be cancelled with effect from 9:30 a.m. on 10 March 2005 in accordance with the delisting procedures stipulated in Practice Note 17 to the Listing Rules (the "Delisting Procedures"). Practice Note 17 to the Listing Rules formalises the procedures to be adopted to delist long-suspended companies.

Dealings in the Company's shares have been suspended since 9 June 2003. Accordingly, dealings in the Company's shares have effectively been suspended for over 18 months.

The Company was put into the third stage of the Delisting Procedures on 4 August 2004. Pursuant to the Delisting Procedures, at the end of the third stage which in the case of the Company was 3 February 2005 (the "Deadline"), where no valid proposals have been received for resumption, the listing of the Company's shares will be cancelled. By the end of the Deadline, the Company has not submitted any valid proposal for resumption.

The Exchange has notified the Company of its obligation under paragraph 3.1 of Practice Note 17 to issue an announcement informing the public of the cancellation of the listing of its shares on the same day of this announcement.

The Exchange advises shareholders of the Company who have any queries about the implications of the delisting to obtain appropriate professional advice.