tom.com limited Shares Commence Dealings on The Stock Exchange of Hong Kong Today

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Shares are Traded Actively and Closed at HK$7.75 per share Representing a 335% Increase over Initial Offering Price

(Hong Kong, March 1, 2000) -   The unique and personalized multi-lingual China-related new media mega-portal, tom.com limited ("tom.com") (Stock code: 8001), commenced dealings on the Growth Enterprise Market ("GEM") of The Stock Exchange of Hong Kong Limited today.

The closing price was HK$7.75 per share, representing a 335% increase over its initial offering price HK$1.78, with intra-day high of HK$9.7 per share recorded. A total of approximately 303 million shares were traded amounting to HK$2.6 billion.

Mr Frank Sixt, Chairman of tom.com said, "We are very pleased and encouraged with the active trading of our shares on the first trading day, we must thank all investors, who are now our shareholders, for their confidence and support in the Company. To reciprocate, we can ensure that Tom's business will be conducted to the highest standards of integrity and market best practices."

Mr Sixt continued, "Tom is being positioned as an up market and a strongly recognizable brand. Everyone on the Tom team, as well as the full support of the founding shareholder group will be dedicated to achieving tom.com's vision of becoming the leading new media channel through the World is brought to China and China is brought to the world."

"With these opportunities and strategies in place, we are in an excellent position to take advantages in the booming Internet industries." Mr Sixt concluded.

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