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Friday, December 03, 2004

Ninetowns Announces Pricing of Initial Public Offering of American Depositary Shares

Ninetowns Announces Pricing of Initial Public Offering of American Depositary Shares

BEIJING, China, December 3/PRNewswire-FirstCall/ -- Ninetowns Digital World Trade Holdings Limited (Nasdaq: NINE) announced
today that its initial public offering of 9,600,000 American Depositary
Shares (ADSs), each representing one ordinary share, was priced at US$11.00
per ADS. The ADSs will be listed on the Nasdaq National Market under the
symbol "NINE" and the trading of the ADSs is expected to begin today. The
offering consists of 6,400,000 ADSs offered by Ninetowns and 3,200,000 ADSs
offered by its selling shareholders. The selling shareholders have granted
the underwriters an option to purchase up to an additional 1,440,000 ADSs to
cover over-allotments.



J.P. Morgan Securities Inc., Citigroup Global Markets Inc., Lehman
Brothers Inc. and Jefferies Broadview, a division of Jefferies & Company,
Inc. are underwriting the offering, with J.P. Morgan Securities Inc. serving
as the representative of the underwriters. A copy of the prospectus relating
to the offering may be obtained from J.P. Morgan Securities Inc. at 277 Park
Avenue, New York, New York 10172 or by telephone at +1-212-902-1000.



A registration statement relating to these securities was filed and
declared effective by the US Securities and Exchange Commission. This press
release shall not constitute an offer to sell or a solicitation of an offer
to buy nor shall there be any sale of these securities in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction.



About Ninetowns Digital World Trade Holdings Limited



Ninetowns is a PRC software company that enables enterprises and
trade-related PRC government agencies to streamline the import/export process
in China. Through its enterprise software products, Ninetowns' customers have
the ability to automate import/export processing over the Internet, which is
a more cost-effective and efficient alternative to the traditional
paper-based method.




Contact:
Lisa Zheng
Investor Relations
Ninetowns Digital World Trade Holdings Limited
+86-10-6588-2256
ir@ninetowns.com





Source: Ninetowns Digital World Trade Holdings Limited

Lisa Zheng, Investor Relations, Ninetowns Digital World Trade Holdings Limited, +86-10-6588-2256, ir@ninetowns.com



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