NOIZ Group Ltd. — Interim / Quarterly Report 2005

Nov 9, 2004

GEM

TRADEEASY<08163> - Results Announcement (Q2, 2004/2005, Summary)

TRADEEASY HOLDINGS LIMITED announced on 09/11/2004:
(stock code: 08163 )

Year end date :31/03/2005
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 01/04/2004   from 01/04/2003
                                     to 30/09/2004     to 30/09/2003
                                             $'000             $'000

Turnover : 19,442 17,780
Profit/(Loss) from Operations : 1,629 (2,835)
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 : 1,629 (2,835)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : HKD 0.0039 HKD (0.0071)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 1,629 (2,835)
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 : 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 AND CONSOLIDATION

These unaudited consolidated financial statements have been prepared in
accordance with the Hong Kong Statements of Standard Accounting
Practice, 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.

The unaudited consolidated financial statements include the financial
statements of the Company and its subsidiaries for the six months ended
30 September 2004. The results of subsidiaries acquired or disposed of
during the period are consolidated from or to their effective dates of
acquisition or disposal, respectively. The unaudited consolidated
financial statements also comply with the disclosure requirements of the
Rules Governing the Listing of Securities on the Growth Enterprise
Market of The Stock Exchange of Hong Kong Limited (the "GEM Listing
Rules").

All significant intercompany transactions and balances within the Group
are eliminated on consolidation.

1. EARNINGS/(LOSS) PER SHARE

The calculation of basic earnings/(loss) per share for the three months
and the six months ended 30 September 2004 and 2003 respectively, is
based on the net profit from ordinary activities attributable to
shareholders of HK$900,000 and HK$1,600,000(2003: net loss of
HK$2,200,000 and HK$2,800,000)and on the weighted average of 421,000,000
ordinary shares in issue(2003: 400,000,000 ordinary shares) during those
periods.

Diluted earnings/(loss) per share for the three months and the six
months ended 30 September 2004 and 2003 have not been disclosed as the
share options outstanding during these periods had an anti-dilutive
effect on the basic earnings/(loss) per share for the relevant periods.

1. INTERIM DIVIDEND

The Board does not recommend payment of any interim dividend for the six
months ended 30 September 2004 (2003: Nil).