CHINA DATACAST<08016> - Results Announcement (Q3, 2002, Summary)


China Data Boardcasting Holdings Limited announced on 13/11/2002:
(stock code: 08016)

Year end date                         :31/12/2002
Currency                              :HKD
Auditors' report                      :N/A
Review of 3rd Quarterly Report 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 01/01/2002   from 01/01/2001
                                         to 30/09/2002     to 30/09/2001
                                                 $'000             $'000
Turnover                              :         58,404             5,271
Profit/(Loss) from Operations         :        (1,298)           (5,151)
Finance cost                          :              0                 0
Share of Profit/(Loss) of Associates  :              0                 0
Share of Profit/(Loss) of Jointly
         Controlled Entites           :              0                 0
Profit/(Loss) after Taxation & MI     :        (1,110)           (4,408)
% Change Over the Last Period         :            N/A
EPS / (LPS)
          Basic (in dollar)           :    (HKD 0.003)       (HKD 0.014)
          Diluted (in dollar)         :            N/A               N/A
Extraordinary (ETD) Gain/(Loss)       :              0                 0
Profit (Loss) after ETD Items         :        (1,110)           (4,408)
3rd Quarterly Dividends per Share     :            NIL               NIL
(specify if with other options)       :            N/A               N/A
B/C Dates for 3rd Quarterly 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
                                China Data Boardcasting Holdings Limited
                      Signature :
                           Name :Mr. Shum Shing Kei
                          Title :Company Secretary

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:

Loss per share

The calculation of basic loss per share for the nine months
ended 30th September 2002 were based on the loss attributable
to shareholders of HK$1,110,000 (2001: HK$4,408,000) and on
318,000,000 shares (2001: 318,000,000) in issue during the
none months ended 30th September 2002.