Unusual Price and Trading Volume Movements

E

WAFER SYSTEMS LIMITED<08198>-Announcement

WAFER SYSTEMS LIMITED<08198>-Announcement

WAFER SYSTEMS LIMITED<08198>-Announcement



This announcement is made at the request of The Stock Exchange of 
Hong Kong Limited.  The Stock Exchange of Hong Kong Limited takes 
no responsibility for the contents of this announcement, makes no 
representation as to its accuracy or completeness and expressly 
disclaims any liability whatsoever for any loss howsoever arising 
from or in reliance upon the whole or any part of the contents of 
this announcement.


WAFER SYSTEMS LIMITED
(Incorporated in the Cayman Islands with limited liability)

(Stock Code : 8198)

Announcement

The board of directors (the "Board") of Wafer Systems Limited 
(the "Company") has noted the increase both in the price and trading 
volume in the shares of the Company this morning and wish to state that 
the directors are not aware of any reasons for such increases. 

The directors also wish to confirm that there are no negotiations or 
agreements relating to intended acquisitions or realisations which 
are discloseable under Chapters 19 to 20 of 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. 

Made by the order of the Board, the directors of which collectively 
and individually accept responsibility for the accuracy of this
announcement.

By Order of the Board
Wafer Systems Limited
Pang Kin Man, Edmond
Company Secretary

Hong Kong, 17 July 2007

As at the date of this announcement, the Board consists of one 
executive director, Mr. Chan Sek Keung, Ringo, one non-executive 
director, Mr. Kwan Kit Tong and three independent non-executive 
directors, namely Mr. Pang Hing Chung, Alfred, Mr. David Tsoi and 
Mr. Chan Tze Ngon.

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 of Hong Kong Limited for the purpose of giving 
information with regard to the Company.  The directors of the 
Company, having made all reasonable enquiries, confirm that, to 
the best of their knowledge and belief: (1) the information 
contained in this announcement is accurate and complete in all 
material respects and not misleading; (2) there are no other 
matters the omission of which would make any statement in this 
announcement misleading; and (3) all opinions expressed in this 
announcement have been arrived at after due and careful 
consideration and are founded on bases and assumptions that 
are fair and reasonable.

This announcement will remain on the ¡§Latest Company Announcements¡¨ 
page of the GEM Website at www.hkgem.com for at least 7 days from 
the date of its publication.