NOIZ Group Ltd. — Earnings Release 2007

Nov 10, 2006

GEM

TRADEEASY<08163> - Results Announcement (Q2, 2006/2007, Summary)

Tradeeasy Holdings Limited announced on 09/11/2006:
(stock code: 08163 )

Year end date :31/03/2007
Currency :HKD
Auditors' report :N/A
2nd 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 01/04/2006   from 01/04/2005
                                     to 30/09/2006     to 30/09/2005
                                             $'000             $'000

Turnover : 23,267 21,145
Profit/(Loss) from Operations : (2,142) 1,276
Finance cost : N/A N/A
Share of Profit/(Loss) of Associates : (30) N/A
Share of Profit/(Loss) of Jointly
Controlled Entites : N/A N/A
Profit/(Loss) after Taxation & MI : (2,172) 1,276
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.0024) HKD 0.003
Diluted (in dollar) : (HKD 0.0024) HKD 0.0029
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (2,172) 1,276
2nd Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 2nd 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
Tradeeasy Holdings Limited

Signature :
Name : Tam Ngai Hung, Terry
Title : Executive 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 and consolidation

The unaudited consolidated interim financial statements have been
prepared in accordance with Hong Kong Financial Reporting Standards
("HKFRS")(which also include the Hong Kong Accounting Standards
("HKASs") 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 GEM
Listing Rules. They have been prepared under the historical cost
convention. These unaudited consolidated interim results are
presented in Hong Kong dollars and all values are rounded to the
nearest thousand except when otherwise indicated.

The accounting policies and methods of computation adopted are
consistent with those followed in the preparation of the Group's
annual financial statements for the year ended 31 March 2006. The
accounts are unaudited but have been reviewed by the Company's
audit committee.

1. Earnings/(loss) per share attributable to ordinary equity
   holders of the parent

The calculation of basic earnings/(loss) per share attributable to
ordinary equity holders of the parent for the three months and six
months ended 30 September 2006 is based on the net loss for the
three months and the six months ended 30 September 2006 of
HK$2,233,000 and HK$2,172,000 (2005 net profit: HK$637,000 and
HK$1,276,000) respectively and the weighted average number of
971,000,000 and 898,868,852 ordinary shares in issue (2005:
421,000,000 and 421,000,000 ordinary shares) respectively during
the period.

The calculation of diluted loss per share attributable to ordinary
equity holders of the parent for the three months and the six months
ended 30 September 2006 is based on the net loss for the three
months and six months ended 30 September 2006 of HK$2,233,000 and
HK$2,172,000 respectively. The weighted average number of ordinary
shares used in the calculation is the ordinary shares in issue
during the period, as used in the basic loss per share calculation
and the weighted average number of ordinary shares assumed to have
been issued at no consideration on the deemed exercise of all share
options outstanding during the period.

1. Dividend

No interim dividend has been paid or declared by the Company or any
of its subsidiaries during the six months ended 30 September 2006
(2005: Nil).