Joy Spreader Group Inc. — Earnings Release 2005

Sep 20, 2005

GEM

MEGAINFO<08279> - Results Announcement (Final, 2004/2005, Summary)

MegaInfo Holdings Limited announced on 16/09/2005:
(stock code: 08279 )

Year end date :30/06/2005
Currency :HKD
Auditors' report :Unqualified

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

                                         (Audited)         (Audited)
                                          Current Last Corresponding
                                           Period            Period
                                   from 01/07/2004   from 01/07/2003
                                     to 30/06/2005     to 30/06/2004
                                             $'000             $'000

Turnover : 14,290 10,465
Profit/(Loss) from Operations : (22,615) (6,587)
Finance cost : (6) (2)
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 : (22,622) (6,589)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.0423) (HKD 0.0141)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (22,622) (6,589)
Final Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for Final 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 : Wong Chit Lung Philip
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. Basis of preparation

The financial statements have been prepared under the historical
cost and in accordance with accounting principles generally
accepted in Hong Kong.

1. Basic loss per share

The calculatioin of loss per share is based on the Group's loss for
the year of HK$22,621,634 (2004: HK$6,588,899) and 535,000,000
(2004: weighted average of 468,381,507) shares in issue
during the year.