XINDECO LIMITED ANNOUNCES CHINAVISTA WEBSITE

China’s first public IT company provides rich content for businesspeople and consumers

Xiamen Special Economic Zone, China -- July 10^th, 1997/URLwire ™/

As the world looks toward a rapidly modernizing and changing China, Xindeco Limited, China's first publicly listed information technology company, announces ChinaVista, a full service website covering China business, travel, and culture.

Located on the World Wide Web at http://www.chinavista.com, ChinaVista hosts three primary gateways into China:

"China Business Vista" (http://www.chinavista.com/business/home.html) offers daily business news, national and regional yellow pages, in depth investment guides, online trade services, company introductions, and a growing number of specialized China business databases.

"Discover China" (http://www.chinavista.com/discover.html) explores the land, people, and culture of China with online tours of popular attractions like the Great Wall and the Forbidden City, weekly features on modern and classical Chinese culture, and a popular Chinese recipe section.

Finally, "China City Vistas" (http://www.chinavista.com/cities/home.html) provides a full range of information for China's major cities, including Beijing, Shanghai, Hong Kong, Nanjing, Xiamen and Suzhou. All ChinaVista content is available in both English and Chinese.

"ChinaVista’s mission is to help expand business and social ties between China and the rest of the world through the development of online community," says Gao Xiao, Xindeco Limited’s Chairman of the Board. "Networking is a very important part of Chinese culture, and people here are quick to see the value of the Internet -- not only as a critical business tool, but as a powerful new way to cultivate international friendship and cooperation. ChinaVista demonstrates Xindeco’s commitment to the future of China’s Internet."

In cooperation with its subsidiary companies, Xindeco Business Information Company and Xindeco Computer Company, and its strategic partners, Xindeco-Cenpok Network China Ltd. and Talent Information Technology Co., Xindeco Limited has business interests in network security, system integration, financial networks, Intranet development, Internet access and hosting, software development and information services. With its listing on the Shenzhen China stock exchange (Code: 0701) in February of this year, Xindeco Limited became China’s first publicly listed information technology company. Established in 1983, Xindeco Limited is headquartered in the Xiamen Special Economic Zone, China.

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