Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 8178) UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENTS AND RESUMPTION OF TRADING

This announcement is made at the request of The Stock Exchange of Hong Kong Limited
("Stock Exchange").
The board of directors (the "Board") of China Information Technology Development Limited (the "Company") has noted the recent decrease in the trading price and increase in the trading volume of the shares of the Company and wishes to state that, save as disclosed in this announcement, the Board is not aware of any reason for such movements.
Save for the dialogues with financial institutions on fund raising activities (including but not limited to right issue, open offer and placing exercise, etc.) since late May of 2012, the Board confirms that there are no negotiations or agreements relating to intended acquisitions or realizations which are discloseable under Chapters 19 and 20 of the Rule Governing the Listing of Securities on the Growth Enterprise Market of the Stock Exchange ("the GEM Listing Rules"), neither is the Board aware of any matter discloseable under the general obligation imposed by Rule 17.10 of the GEM Listing Rules, which is or may be of a price-sensitive nature.
This announcement is made by the Board of the Company, the directors of which collectively and individually accept responsibility for the accuracy of this announcement.

As the possible fund raising activities may or may not materialize, shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

At the request of the Company, trading in the shares of the Company on the Stock Exchange was suspended from 10:50 a.m. on Wednesday, 6 June 2012 pending release of this announcement. An application has been made to the Stock Exchange for the resumption of trading in the shares from 9:00 a.m. on Thursday, 7 June 2012.
By order of the Board

China Information Technology Development Limited Hu Zhuoer

Executive Director and Chief Executive Officer

Hong Kong, 6 June 2012

As at the date of this announcement, the Board comprises Mr. Hu Zhuoer (Chief Executive Officer)and Mr. Tse Chi Wai as Executive Directors, Mr. Ng Kwok Fai, Dr. Sun Guofu and Mr. Chen Zhongfa as Independent Non-executive Directors.

This announcement, for which the Directors of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of the Stock Exchange for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will be available on the Company's website http://www.chinainfotech.com.hkand will remain on the "Latest Company Announcement" page on the GEM website at http://www.hkgem.comfor at least 7 days from the date of its posting.

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