Corporation announces the appointment of new sales & marketing Vice President For USA

Andrew Miller to join Corporation from to further strengthen US operation

Hong Kong, November 1, 1999 — Corporation, Greater China's first NASDAQ-listed Internet company, today announced the appointment of Mr. Andrew Miller as Vice President, Sales & Marketing for North America.

Mr. Miller joins Corporation from where he was Vice President for worldwide sales, Mr. Miller joins another former colleague, Edward Hsu, Corporation's new Chief Technology Officer.

Mr. Miller's appointment also follows the announcement of Mr. Ian Henry's role as President, International. Mr. Henry is responsible for spearheading business and strategy development of Corporation the US and Europe.

Mr. Hsu and now Mr. Miller will form the nucleus of the team that will develop Corporation's business in the US, enabling American business to capitalize on e-commerce opportunities in Asia.

Mr. Miller has an extensive career in the media and technology industries and has worked for many years in the USA and across Asia.

From 1995 to early 1999 Mr. Miller was Managing Director of the Asia Pacific region for First Call Corporation, the real-time financial information division of Thomson Financial Services. In this capacity he was responsible for growing sales revenue by more than 300%, launching a regional Web-based business strategy across 12 major markets, and achieving the leading market share among the region's financial markets.

Previously, Mr. Miller was the East Asia business development manager for Reuters and was responsible for developing and launching the company's direct investment program focused on China's emerging financial markets.

"We are delighted Andrew will be adding to our increasingly strong management team", said Peter Hamilton, COO of Corporation. "Andrew's experience in both Asia and The United States as well as his knowledge of this industry will be a tremendous asset to us. The combination of Andrew, Ed Hsu and Ian Henry creates a formidable team to further develop our North American business. It's important to have a strong American base as the US is still leading the world in new Internet technologies. It's also important for us to be able to support American companies wanting to make the most of the fabulous opportunities that Asia presents for e-commerce. We know Asia better than any other Internet company and combined with our increasingly strong management team in North America, we are ideally positioned to maximize the potential of the Internet on both sides of the Pacific" added Mr. Hamilton.

Commented Mr. Miller " Corporation is the leading Asia Pacific Internet force, with a proven model, great management team and quality partnerships in place. This is a strong foundation to build from. And given the recognition of Asia's rapid Internet growth within the US corporate market, it's only natural that Corporation expands into North America to better serve the needs of its customers and partners".

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