Announcement To all it may concern: China Economic Information Service, a subgroup of Xinhua News Agency, officially announces that, in accordance with a resolution by the Board of Directors of Xinhuaonline Information & Technology Company Limited (abbreviated as "Xinhuaonline") and the authorization by the Commerce Bureau of Xicheng District of the Beijing Municipality, China Economic Information Service has transferred all its shares of Xinhuaonline (45%) through a public bid (numbered G0501208) at the Beijing Property Exchange after it completed the registration of this modification on September 23, 2005. China Economic Information Service is no longer a shareholder of Xinhuaonline as of the registration date of the modification, and in accordance with Chinese law, has neither any rights over nor any obligations to Xinhuaonline in the future. China Economic Information Service December 2, 2005