HONG KONG, Sept. 22 /Xinhua-PRNewswire-FirstCall/ -- China Technology Development Group Corporation (Nasdaq: CTDC; "CTDC" or the "Company") today announced that it has received a formal written notice from the Office of General Counsel of the Nasdaq Stock Market stating that the Nasdaq Listing Qualifications Panel had determined to grant the request of CTDC for continued listing on the Nasdaq Stock Market after the hearing held on September 7, 2006. The delinquency in CTDC's filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2005 has been cured by the Company's filing of its Annual Report on Form 20-F on September 19, 2006. As a result, the Company has regained compliance with the NASDAQ requirements for continued listing. On July 21, 2006, the Company announced that due to the delay in the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2005, it had received a letter from the Nasdaq Stock Market indicating that the Company's common stock was subject to delisting pursuant to NASDAQ Marketplace Rule 4310(c)(14). NASDAQ Marketplace Rule 4310(c)(14) requires the Company to make, on a timely basis, all filings with the Securities and Exchange Commission, as required by the Securities Exchange Act of 1934, as amended. About CTDC: CTDC is engaged in providing information network security solutions in People's Republic of China. With the acquisition of China Natures Technology Inc. in October 2005 ("CNT", formerly Future Solutions Development Inc.), which develops health food products utilizing bio-active components of bamboo, CTDC also entered the Chinese nutraceutical market. CTDC's major shareholder is Beijing Holdings Limited, a conglomerate with over $3 billion in total assets beneficially owned by the Beijing People's Municipal Government. For more information, please visit our website at http://www.chinactdc.com/ . Forward-Looking Statement Disclosure This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding CTDC contained in this press release that are not historical in nature, particularly those that utilize terminology such as "may," "will," "should," "likely," "expects," "anticipates," "estimates," "believes," or "plans," or comparable terminology, are forward-looking statements. Forward-looking statements are based on current expectations and assumptions, and entail various risks and uncertainties that could cause actual results to differ materially from those expressed in such forward-looking statements. Important factors known to CTDC that cause actual results to differ materially from those expressed in such forward-looking statements are identified and discussed in CTDC's filings with the Securities and Exchange Commission. Contact: China Technology Development Group Corporation Michael Siu, Executive Director, Chief Financial Officer and Secretary Tel: +852-3112-8461 Email: DATASOURCE: China Technology Development Group Corporation CONTACT: Michael Siu of China Technology Development Group Corporation, +852-3112-8461, or , or Web site: http://www.chinactdc.com/

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