Tencent Ranks No. 17 on Technology Fast 500 Asia Pacific Winners 2004


[Dec. 10 2004 from Shenzhen]

Tencent Group (SEHK 700) a leading provider of Internet and mobile value-added services in China was named by Deloitte Touche as one of the Technology Fast 500 Asia Pacific Winners in 2004. With an impressive 3-year revenue growth of 1398% Tencent ranked 17th on the 500 winner list.

The technology companies were nominated based on their revenue growth over the past three years. They came from six industry segments including Internet computers / peripherals life sciences software semi-conductor / components / electronics and communications. Ninety out of the 500 winners are from China (including Hong Kong).

Mr. Ma Huateng Chairman and CEO of Tencent said this achievement was a result of staff's dedication and hard work. He added Tencent will further utilize its internet-based resources to develop the web portal into a media communication business and value-added services platform. In 2005 Tencent's business offering will be expanded into mobile value-added services interactive entertainment services internet content services as well as B2C and C2C e-commerce and online auction.

"This will lay a solid foundation for the sustainable growth of the company. We believe we will be able to make greater achievements in the near future" he said.