NOIZ Group Ltd. — Earnings Release 2005

Jun 2, 2005

GEM

TRADEEASY<08163> - Results Announcement (Final, 2004/2005, Summary)

TRADEEASY HOLDINGS LIMITED announced on 01/06/2005:
(stock code: 08163 )

Year end date :31/03/2005
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 01/04/2004   from 01/04/2003
                                     to 31/03/2005     to 31/03/2004
                                             $'000             $'000

Turnover : 39,476 31,862
Profit/(Loss) from Operations : 2,789 (21,944)
Finance cost : N/A N/A
Share of Profit/(Loss) of Associates : N/A N/A
Share of Profit/(Loss) of Jointly
Controlled Entites : N/A N/A
Profit/(Loss) after Taxation & MI : 2,757 (21,944)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : HKD 0.007 (HKD 0.055)
Diluted (in dollar) : HKD 0.007 N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 2,757 (21,944)
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
TRADEEASY HOLDINGS LIMITED

Signature :
Name : YIP KWOK CHEUNG
Title : DIRECTOR

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

These financial statements have been prepared in accordance with Hong
Kong Financial Reporting Standards (which also include Statements of
Standard Accounting Practice and Interpretations) issued by the Hong
Kong Institute of Certified Public Accountants, accounting principles
generally accepted in Hong Kong and the disclosure requirements of the
Hong Kong Companies Ordinance. They have been prepared under the
historical cost convention.

1. EARNINGS/(LOSS) PER SHARE

The calculation of basic earnings/(loss) per share is based on the net
profit/(loss) from ordinary activities attributable to shareholders for
the year of HK$2,757,000 (2004: net loss of HK$21,944,000) and the
weighted average of 419,964,384 ordinary shares in issue (2004:
400,000,000) during the year.

The calculation of diluted earnings per share for the year ended
31 March 2005 is based on the net profit from ordinary activities
attributable to shareholders for the year of HK$2,757,000. The weighted
average number of ordinary shares used in the calculation is the
419,964,384 ordinary shares in issue during the year, as used in the
basic earnings per share calculation; and the weighted average of
1,158,198 ordinary shares assumed to have been issued at no
consideration on the deemed exercise of all share options outstanding
during the year.

A diluted loss per share amount for the year ended 31 March 2004 has not
been disclosed as the share options outstanding during that year had an
anti-dilutive effect on the basic loss per share for that year.

1. DIVIDEND

No dividend has been paid or declared by the Company or any of its
subsidiaries during the year (2004: Nil).