Sing Lee Software (Group) Limited — Board/Management Information 2005

Jan 24, 2005

The Stock Exchange takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [240 x 102] intentionally omitted <==

(Incorporated in Bermuda with limited liability)

(Stock Code: 8076)

CHANGE OF QUALIFIED ACCOUNTANT AND COMPANY SECRETARY

The board of directors (the “Board”) of Sing Lee Software (Group) Limited (the “Company”) announces that Mr. Lau Ying Kit will resign as qualified accountant and company secretary of the Company with effect from 21st January 2005 to concentrate on other personal development.

Mr. Lau confirms that he does not aware of any issue that needed to bring to attention of the Stock Exchange and shareholders of the Company. The Board would like to express its appreciation towards Mr. Lau for his contribution to the Company.

The Board also announces that Mr. Lee Wing Cheung has been appointed as qualified accountant and company secretary of the Company with effect from 21st January 2005.

Mr. Lee is a qualified accountant with seventeen years of auditing and accounting experience. He is an associate member of the Hong Kong Institute of Certified Public Accountants.

By order of the Board Hung Yung Lai Chairman

The Board comprises of:

Hung Yung Lai (Executive Director) Cui Jian (Executive Director) Xu Shu Yi (Executive Director) Pao Ping Wing (Independent Non-Executive Director) Tam Kwok Hing (Independent Non-Executive Director)

Hong Kong, 21st January 2005

— 1 —

This announcement, for which the directors of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of the Stock Exchange for the purpose of giving information with regard to the Company. The directors of the Company, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief:—

1. the information contained in this announcement is accurate and complete in all material respects and not misleading;

2. there are no other matters the omission of which would make any statement in this announcement misleading; and

3. all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

This announcement will remain on the “Latest Company Announcements” page on the GEM website for at least 7 days from the date of its publication.

• For identification purpose only

— 2 —