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China Information Technology Development Limited M&A Activity 2007

May 30, 2007

51312_rns_2007-05-30_20ff7ad4-eb99-4f93-b4e5-af552c72568b.htm

M&A Activity

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GEM

XTEAM SOFTWARE<08178> - Suspension of Trading

At the request of Xteam Software International Limited (the "Company"),
trading in its shares will be suspended with effect from 9:30 a.m. today
(30/5/2007) pending the publication of an announcement regarding a very
substantial acquisition transaction of the Company.