NOIZ Group Ltd. — Earnings Release 2006

Feb 14, 2006

GEM

TRADEEASY<08163> - Results Announcement (Q3, 2005/2006, Summary)

Tradeeasy Holdings Limited announced on 14/02/2006:
(stock code: 08163 )

Year end date :31/03/2006
Currency :HKD
Auditors' report :N/A
3rd 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 01/04/2005   from 01/04/2004
                                     to 31/12/2005     to 31/12/2004
                                             $'000             $'000

Turnover : 30,946 29,225
Profit/(Loss) from Operations : 679 1,734
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 : 606 1,734
% Change Over the Last Period : -65.05%
EPS / (LPS)
Basic (in dollar) : HKD 0.0014 HKD 0.0041
Diluted (in dollar) : HKD 0.0015 N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 606 1,734
3rd Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 3rd 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 : 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

The unaudited quarterly results have been prepared in accordance
with Hong Kong Financial Reporting Standards ("HKFRS") (which also
include Hong Kong Accounting Standards and Interpretations) issued
by the Hong Kong Institute of Certified Public Accountants
("HKICPA"), accounting principles generally accepted in Hong Kong
and the disclosure requirements of the Rules Governing the Listing
of Securities on the GEM of the Stock Exchange. They have been
prepared under the historical cost convention.

In 2004, the HKICPA issued a number of new or revised Hong Kong
Accounting Standards and Hong Kong Financial Reporting Standards
("new HKFRSs") which are effective for accounting periods
beginning on or after 1 January 2005. The adoption of the new
HKFRSs had no material impact on the Group's results of operations
and financial position except certain presentation and disclosure
of accounts would be affected.

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 2005.
The accounts are unaudited but have been reviewed by the Company's
audit committee

1. Earnings/(loss) per share

The calculation of basic earnings/(loss) per share for the three
months and the nine months ended 31 December 2005 and 2004
respectively is based on the profit/(loss) attributable to
shareholders of HK$(700,000) and HK$600,000 respectively (2004:
HK$100,000 and HK$1,700,000) and on the weighted average of
421,000,000 ordinary shares in issue (2004: 421,000,000 ordinary
shares) during those periods.

The calculation of diluted earnings/(loss) per share for the three
months and the nine months ended 31 December 2005 and 2004 is based
on the profit/(loss) attributable to shareholders for the period of
HK$(700,000) and HK$600,000 respectively. The number of ordinary
shares used in the calculation is 421,000,000 ordinary shares in
issue during the periods, as used in the basic earnings/(loss) per
share calculation; and 429,728,929 ordinary shares and 442,432,986
ordinary shares respectively, assumed to have been issued at no
consideration on the deemed exercise of all share options outstanding
during the three months and the nine months ended 31 December 2005.

1. Dividend

The Board does not recommend the payment of any dividend for the
nine months ended 31 December 2005 (2004: Nil).