TIDMSFT 
 
RNS Number : 0923P 
Sinosoft Technology plc 
09 July 2010 
 

 
 
 
 
 
                            SINOSOFT TECHNOLOGY PLC 
                          ("SINOSOFT" OR "THE COMPANY") 
 
Trading Update 
 
 
 
The Board of Sinosoft has been informed that the Company recently closed certain 
foreign exchange contracts which have, in aggregate, resulted in a net loss to 
the Company of approximately $3.8 million.  The consequence of this is that the 
Company expects to report a loss for the first half of 2010 and that the group's 
cash and cash equivalents at 30 June 2010 will be materially below the $14.9 
million at 31 December 2009 reported in the Company's audited accounts for the 
year ended 31 December 2009. 
 
The exact nature of this trading activity is being investigated as the Board is 
of the opinion that it had not authorised this level of exposure to foreign 
currency derivatives. 
 
 
                                     -ends- 
 
 
For further information, please contact: 
 
For further information please contact: 
 
+---------------------+----------------------+--------------------------------+ 
| Sinosoft Technology | Mr. Yifa Yu          |yuyifa@sinosoft-technology.com  | 
| plc                 |                      |                                | 
+---------------------+----------------------+--------------------------------+ 
|                     |                      |                                | 
+---------------------+----------------------+--------------------------------+ 
| Westhouse           | Tim Metcalfe /       |                  020 7601 6100 | 
| Securities Limited  | Richard Baty         |                                | 
|                     |                      |                                | 
+---------------------+----------------------+--------------------------------+ 
| Tavistock           | Simon Compton        |                  020 7920 3150 | 
| Communications      |                      |                                | 
+---------------------+----------------------+--------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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