Sing Lee Software (Group) Limited — Interim / Quarterly Report 2001

Nov 13, 2001

Quarterly Results Announcement Form

Quarterly Results announcement form

Name of listed company :

Sing Lee Software (Group) Limited

Stock code :

8076

Year end date :

31st December, 2001

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 Period				Last Corresponding Period
		(dd/mm/yyyy)				(dd/mm/yyyy)
	from		1st January2001		from	1st January2000
	to	30th September 2001			to	30th September	2000
				Rmb'000		Rmb'000
Turnover	:			38,600			57,912
Profit/(Loss) from Operations	:			-2,130				7,746
Finance cost	:			-964				-574
Share of Profit/(Loss) of Associates	:			0				0
Share of Profit/(Loss) of
Jointly Controlled Entites	:			0				0
Profit/(Loss) after Taxation & MI	:			-2,614				4,751
% Change Over the Last Period	:			N/A	%
EPS / (LPS) - Basic	:		(Rmb 0.56 cents)			Rmb1.05		cents
- Diluted	:			N/A				N/A
Extraordinary (ETD) Gain/(Loss)	:			0				0
Profit (Loss) after ETD Items	:			-2,614				4,751
3rd Q Dividend per Share	:			0				0
(specify if with other options)	:			N/A				N/A
B/C Dates for 3rd Q Dividend	:			N/A	to			N/A bdi.
Payable Date	:			N/A
B/C Dates for AGM/SGM	:			N/A	to			N/A bdi.
Other Distribution for Current Period	:	N/A
B/C Dates for Other Distribution	:			N/A	to			N/A bdi.
* Please delete as appropriate						(bdi: both days inclusive)

Remarks :

Page 1

Quarterly Results Announcement Form

For and on behalf of Sing Lee Software (Group) Limited

Signature : Name : Hung Yung Lai 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.

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Quarterly Results Announcement Form

1. Basis of presentation

The Company was incorporated in Bermuda as an exempted company with
limited liability on 27th October, 2000 under the Company Act 1981
of Bermuda.  In preparation for the listing of the Company's shares
on GEM, a group reorganization was effected whereby the Company
became the holding company of the Group on 27th August, 2001.  The
shares of the Company were listed on GEM on 5th September, 2001.

The results of the Group have been prepared on a uniting of
interests basis as if the current group structure had been in
existence throughtout the periods under review or since the
respective dates of incorporation or establishment of the
respective subsidiaries now comprising the Group, whichever is
a shorter period.

All significant intra-group transactions and balances have been
eliminated on combination.

The combined results have been prepared in accordance with
International Accounting Standards ("IAS") issued by the
International Accounting Standards Committee.

2. Earnings (loss) per share

The calculation of the Group's basic earnings (loss) per share for
the nine months ended 30th September, 2001 is based on the Group's
unaudited combined loss attributable to shareholders of
approximately Rmb2,614,000 (2000: Profit of Rmb4,751,000) and
the weighted average number of 467,233,600 shares
(2000: 453,000,000 shares ) in issue.

There were no dilutive potential shares in issue during the periods
ended 30th September, 2000 and 2001.

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