hmvod Limited — Capital/Financing Update 2000

Sep 4, 2000

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.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities.

SYSTEK Information Technology

SYSTEK INFORMATION TECHNOLOGY (HOLDINGS) LIMITED *

(Incorporated in the Cayman Islands with limited liability)

NOTICE OF LISTING BY WAY OF PLACING

on

THE GROWTH ENTERPRISE MARKET OF THE STOCK EXCHANGE OF HONG KONG LIMITED

Number of Placing Shares : 200,000,000 New Shares (subject to the Over-allotment Option) 42,500,000 Sales Shares Issue Price : HK$0.56 per Share Nominal Value : HK$0.10 each Stock Code : 8103

International Coordinator and Sponsor

Core Pacific - Yamaichi Capital Limited

Lead Manager

Core Pacific - Yamaichi International (H.K.) Limited

Co-Lead Managers

Nomura International (Hong Kong) Limited

KGI Asia Limited

Phoenix Capital Securities Ltd. Shun Loong Securities Company Limited

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Co-Managers

Celestial Capital Limited Worldsec Corporate Finance Limited Yuanta Brokerage Company Limited YF Securities Company Limited CSC Securities (HK) Limited China Everbright Securities (HK) Limited Sinpac Securities (Hong Kong) Co., Limited

Unless otherwise defined herein, the terms used in this announcement have the same meanings as the listing document of Systek Information Technology (Holdings) Limited (the “Company”) dated 4 September 2000 (the “Prospectus”)

Copies of the Prospectus required by the Rules Governing the Listing of Securities on the Growth Enterprise Market (the “GEM”) of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) are available, for information purposes only, during normal office hours from Core PacificYamaichi Capital Limited at 30th Floor, Two Pacific Place, 88 Queensway, Hong Kong for a period of 14 days starting from 3:00 p.m. on the date of this announcement.

Application for shares of HK$0.10 each in the capital of the Company (the “Shares”) will only be considered on the basis of the Prospectus.

Application has been made to the Stock Exchange for the listing of and permission to deal in the Shares issued and to be issued as described in the Prospectus, including any Shares which may fall to be issued upon the exercise of the Over-allotment Option and any Shares which may fall to be issued upon the exercise of the options granted under the Share Option Scheme. Dealings in the Shares on the GEM are expected to commence on 8 September 2000. An announcement will be made if the Over-allotment Option is exercised.

Hong Kong, 4 September 2000

This announcement and a copy of the Prospectus referred to above will remain on the GEM website at www.hkgem.com.

* For identification only

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