VANDA SYSTEMS<00757> - Suspension of Trading

At the request of Vanda Systems & Communications Holdings Limited, trading 
in its shares has been suspended with effect from 9:30 a.m. today 
(11/7/2003) pending the release of an announcement in relation to the 
financing alternatives which are being explored by the board of directors 
of the Company which, if materialised, may result in a change in control 
of the Company.