VANDA SYSTEMS<00757> - Suspension of Trading

Vanda Systems & Communications Holdings Limited (the "Company") has 
received notification from its controlling shareholder of its intention 
to effect a possible placing of its shares in the Company. At the 
request of the Company, trading in its shares has been suspended with 
effect from 9:30a.m. today (30/01/2004) pending release of an 
announcement in relation to such possible share placement.