chinadotcom Proposes Change of Company Name to CDC Corporation

chinadotcom Proposes Change of Company Name to CDC
Corporation




  New Company Name Better Reflects the Company's Strategic Focus and its
           Evolution into a Larger and More Diverse Enterprise



HONG KONG, March 21 /Xinhua-PRNewswire-FirstCall/ -- chinadotcom corporation
(the "Company") (Nasdaq: CHINA; website: http://www.corp.china.com/ ) an
integrated enterprise software and mobile applications company in China and
internationally, today announced its proposal to change the name of the Company
to "CDC Corporation", subject to shareholder approval at an Extraordinary
General Meeting to be held on April 20, 2005.  The Company's stock symbol
"CHINA" listed on Nasdaq will remain unchanged.

Concurrently with the proposed change of the Company's name, the board notes
that the Company's 81%-owned subsidiary listed on the Growth Enterprise Market
of Hong Kong Stock Exchange Limited, hongkong.com Corporation (the
"Subsidiary") (Stock Code: 8006), is also seeking to change its name to
"China.com Inc.".

Dr. Raymond Ch'ien, Executive Chairman & CEO of chinadotcom corporation, and
Chairman of hongkong.com Corporation, commented, "The rebranding initiatives
are strategically significant for us as both companies have been evolving since
their IPOs. After our two strategic acquisitions in the software sector,
chinadotcom is now more focused on global enterprise software while its
81%-owned subsidiary is focused on Internet and mobile applications related
businesses in China."

"The proposed new names, CDC Corporation and China.com Inc., will enable us to
enhance our position in the market place for both enterprise software and
Internet and mobile applications, respectively.  We believe the well-
established brand, China.com, will bring tremendous business opportunities in
China, for our portal and mobile applications businesses." Ch'ien continued.

The Company today owns a global portfolio of businesses primarily in enterprise
application software and Mobile Value Added Services ("MVAS") & portal
services.  The Company offers a broad range of enterprise application software
including Enterprise Resource Planning ("ERP") through Ross Systems, Inc.,
Customer Relations Management ("CRM") through Pivotal Corporation, Supply Chain
Management ("SCM") through Industri-Matermatik International Corp., as well as
Human Resources Management ("HRM") and Business Intelligence ("BI"). 
Concurrently, the MVAS & portal services are offered in the China market via
hongkong.com Corporation.

The proposed name change of the Company to CDC Corporation is expected to bring
the following advantages:

  -- The proposed new name without "dotcom" will better reflect the
     Company's core diverse business lines and the shift of its business
     focus away from a heavy reliance on the Internet sector.
  -- The new name without the clear component of "China" will also better
     Reflect the Company's more geographically diversified revenue and
     customer mix.



The Company has decided to retain the symbol "CHINA" for its stock exchange
listing because it is well recognized by investors.

With the coordinated name change efforts of the Company and the Subsidiary, the
board of directors of hongkong.com considers that the proposed name change to
China.com Inc. will benefit the Subsidiary in the following ways:

  -- The new name reflects the fact that the Subsidiary's business
     operations, revenues, customers and staff are all predominately in
     China.
  -- The new name clarifies confusion among investors relating to the
     different business lines between the Company and the Subsidiary.
     Whereas the Subsidiary operates predominately in MVAS, Internet portal
     and online game businesses in China, the Company has more diverse
     business lines and a more geographically diversified revenue and
     customer mix, particularly in the enterprise software area.



Mr. Rudy Chan, CEO of hongkong.com Corporation, added, "China.com has been a
well-established brand in the China market since 1997.  Changing our name to
China.com Inc. not only better reflects our business focus and geographical
reach, but will create a stronger image for us in the MVAS, Internet portal and
online game sectors in China."

The proposed name change of the Subsidiary is subject to (1) the passing of a
special resolution by the shareholders of the Subsidiary at an Extraordinary
General Meeting to be held on April 27, 2005; and (2) the approval by the
Registrar of Companies in the Cayman Islands.

About chinadotcom corporation

chinadotcom corporation (Nasdaq: CHINA; Website: http://www.corp.china.com/ )
is an integrated enterprise software and mobile applications company focused on
China and internationally.  The company has over 1,800 employees with
operations in 14 countries.  For more information about chinadotcom
corporation, please visit the website http://www.corp.china.com/ .

Forward Looking Statements

This press release includes "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995, including
statements relating to the ability of the name changes to enhance the Company's
position in the marketplace for both enterprise software and Internet and
mobile applications, bring business opportunities, clarify confusion among
investors relating to the different business lines between the Company and the
Subsidiary.   These statements are based on management's current expectations
and are subject to risks and uncertainties and changes in circumstances.  There
are important factors that could cause actual results to differ materially from
those anticipated in the forward looking statements including the following:
shareholder approval of the respective name changes of the Company and the
Subsidiary, perceptions in the marketplace with respect to the new names for
the Company and the Subsidiary, the future growth of software industry and the
MVAS, Internet portal and online game sectors in the PRC, and the development
of new technologies and applications or services affecting current and future
business.  Further information on risks or other factors is detailed in filings
or submissions with the United States Securities and Exchange Commission made
by chinadotcom corporation, including its Annual Report for the year ended
December 31, 2003 on Form 20-F/A filed on July 8, 2004.  All forward-looking
statements included in this press release are based upon information available
to management as of the date of the press release, and you are cautioned not to
place undue reliance on any forward looking statements which speak only as of
the date of this press release.  The company assumes no obligation to update or
alter the forward looking statements whether as a result of new information,
future events or otherwise.

  For further information, please contact:

  Media Relations
   Jane Cheng
   Associate Director, Public Relations
   Tel: [phone]
   Fax: [phone]
   Email: 

  Investor Relations
   Craig Celek,
   Vice President, Investor Relations
   Tel: [phone]
   Fax: [phone]
   Email:    

Contact:  Jane Cheng, Associate Director, Public Relations,  +852-2961-

2750, or [e-mail], or Craig Celek, Vice President, Investor

Relations,  [phone], or [e-mail]

DATASOURCE: chinadotcom corporation



Web site:  http://www.corp.china.com/  

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