NOIZ Group Ltd. — Earnings Release 2006

Aug 14, 2006

GEM

TRADEEASY<08163> - Results Announcement (Q1, 2006/2007, Summary)

Tradeeasy Holdings Limited announced on 11/08/2006:
(stock code: 08163 )

Year end date :31/03/2007
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 01/04/2006   from 01/04/2005
                                     to 30/06/2006     to 30/06/2005
                                             $'000             $'000

Turnover : 10,522 10,314
Profit/(Loss) from Operations : 112 712
Finance cost : N/A N/A
Share of Profit/(Loss) of Associates : (51) N/A
Share of Profit/(Loss) of Jointly
Controlled Entites : N/A N/A
Profit/(Loss) after Taxation & MI : 61 639
% Change Over the Last Period : -90.45%
EPS / (LPS)
Basic (in dollar) : HKD 0.0001 HKD 0.0015
Diluted (in dollar) : HKD 0.0001 HKD 0.0015
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 61 639
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
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 quarterly results have been prepared in
accordance with Hong Kong Financial Reporting Standards ("HKFRSs")
(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 quarterly 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 per share attributable to ordinary equity holders of
   the parent

The calculation of basic earnings per share attributable to ordinary
equity holders of the parent for the three months ended 30 June 2006
is based on the net profit for the three months ended 30 June 2006
of HK$61,000 (2005: HK$639,000) and the weighted average number of
825,945,055 ordinary shares in issue (2005: 421,000,000 ordinary
shares) during the period.

The calculation of diluted earnings per share attributable to
ordinary equity holders of the parent for the three months ended
30 June 2006 is based on the net profit for the three months ended
30 June 2006 of HK$61,000. The weighted average number of ordinary
shares used in the calculation is 825,945,055 ordinary shares in
issue during the period, as used in the basic earnings per share
calculation and the weighted average number of 4,023,276 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 dividend has been paid or declared by the Company or any of its
subsidiaries during the three months ended 30 June 2006 (2005: Nil).