Joy Spreader Group Inc. — Earnings Release 2006

Nov 15, 2005

GEM

MEGAINFO<08279> - Results Announcement (Q1, 2005/2006, Summary)

MegaInfo Holdings Limited announced on 14/11/2005:
(stock code: 08279 )

Year end date :30/06/2006
Currency :HKD
Auditors' report :N/A
1st Quarterly Report Reviewed by :Audit Committee

Important Note :

This result announcement form only contains extracted information from
and should be read in conjunction with the detailed results announcement
of the issuer, which can be viewed on the GEM website at
http://www.hkgem.com

                                         Unaudited         Unaudited
                                          Current Last Corresponding
                                           Period            Period
                                   from 01/07/2005   from 01/07/2004
                                     to 30/09/2005     to 30/09/2004
                                             $'000             $'000

Turnover : 5,170 4,910
Profit/(Loss) from Operations : (2,312) (1,475)
Finance cost : 0 0
Share of Profit/(Loss) of Associates : 0 N/A
Share of Profit/(Loss) of Jointly
Controlled Entites : N/A N/A
Profit/(Loss) after Taxation & MI : (2,312) (1,475)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.00432) (HKD 0.00276)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (2,312) (1,475)
1st Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 1st Quarter Dividends : N/A
Payable Date : N/A
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : NIL
B/C Dates for Other Distribution : N/A
(bdi: both days inclusive)

For and on behalf of
MegaInfo Holdings Limited

Signature :
Name : Philip Wong
Title : Company Secretary

Responsibility statement

The directors of the Company (the "Directors") as at the date hereof
hereby collectively and individually accept full responsibility for the
accuracy of the information contained in this results announcement form
(the "Information") and confirm, having made all reasonable inquiries,
that to the best of their knowledge and belief the Information are
accurate and complete in all material respects and not misleading and
that there are no other matters the omission of which would make the
Information herein inaccurate or misleading.The Directors acknowledge
that the Stock Exchange has no responsibility whatsoever with regard to
the Information and undertake to indemnify the Exchange against all
liability incurred and all losses suffered by the Exchange in connection
with or relating to the Information.

Remarks:

1. Turnover

Turnover represents the net amounts received and receivable from
sale of computer software products and provision of digital image
processing management solutions and maintenance services by the
Group in PRC and Macao.

1. Basic loss per share

The calculation of loss per share for the three months ended
30th September, 2005 is based on the unaudited net loss of
HK$2,311,975 (2004 : HK$1,474,623) and 535,000,000 (2004 :
535,000,000) shares in issue during the period.