Trading Update

GEONG International Limited ("GEONG" or the "Company") Trading Update GEONG International Limited (AIM: GNG), a leading internet softwaresolutionsprovider and operator for large enterprises in China is pleased toprovide the following update on its current trading. The Company expects to report revenues of approximately £4.1 million and a lossfor the six months ended 30 September 2013. This is in line with the Company'spreviously announced expectations. The Board remains confident that the fullyear 2014 results will be broadly in line with those for the year ended 31December 2013. The Company's order book at 30 September 2013 stood at £10.0million (30 September 2012: £11.5 million). At 30 September 2013, trade receivables were around £21.0 million, includingapproximately £18.3 million of accrued income (31 March 2013: trade receivables£22.1 million, including accrued income of £19.1 million). Cash on hand at 30September 2013 was £3.7 million (net cash £1.0 million) compared to £4.6million (net cash £1.2 million) at 31 March 2013. During the period the Companyrepaid £1.3 million of loan stock which was financed from existing cashresources and an increase in bank borrowings by £0.8 million to £1.8 million.Research and development expenditure of approximately £0.35 million wascapitalised in the period. The Company made payments of approximately £0.75million in the period relating to contracts with Oracle Software arising from aprior period. Economic conditions in China have steadied and the Chinese economy is expectedto achieve the annual target growth despite concerns expressed earlier in theyear. Since the release of the 2013 annual report, the Company has continued topursue its strategy for achieving greater gross margins and generally shorterpayment terms by focussing on SaaS business. The Board expects that, as therevenue base is rebuilt with the heavier emphasis on SaaS business, the accruedincome balances will reduce further and that this will become more evident inthe 2014 annual results. The main SaaS client wins during H1 of the 2014 financial year were Bank ofHubei, Bank of Huaxia, Mingshen Bank, New Life Insurance, China Bond and Bankof China Insurance, which are expected to generate approximately £0.5 millionof additional annual revenue. These client wins take the number of SaaS clientsto 26. Two new IaaS clients, Bank of Hubei and Mingshen Bank, were also won inthe period with contract values worth £0.3 million. The Company remains committed to research and development of new products andsolutions. Over the period, development has focused on solutions for SaaSclients in the areas of mobile marketing, business operation (B2C and B2B) andCxM (Customer eXperience Management). In addition, a new IaaS product, CMSV7.0, was launched to support the existing IaaS clients. For further information, please contact: GEONG International Limited www.geong.comTel: +86 10 85869655Henry Tse, ChairmanWeidong Wang, CEODavid Tsui, CFO Financial Adviser and Joint BrokerEvolution Securities China Ltd Tel: +44 (0)20 3362 8882Tim Worlledge Nomad and Joint BrokerfinnCapTel: +44 (0)20 7220 0500Stuart AndrewsBen Thompson About GEONG International Limited GEONG is recognised as a leading independent Internet softwaresolutionsprovider and operator for large enterprises in China. Registered in Jersey, the Company's operations are headquartered in,China.GEONG International Ltd. (GEONG or the Company) has been quotedon theLondon Stock Exchange (LSE AIM: GNG.L) since June 2006. The Company hassincetransformed from an ECM (Enterprise Content Management) software andservicecentric business to an internet business centric company. GEONG is an internet solutions and service software company managed by aworldclass management and professional team who collectively own 26% ofthe business.The Company's mission is to help its clients to improvetheir businessefficiency and customer satisfaction through smarterinternet applications.

For more information, please visit www.geong.com