S. Participants may also dial into the teleconference at
+1-800-475-3716 (+1-719-457-2728 for international callers) and provide the
passcode 3623418.2 million in the same quarter
last year.
Operating expenses as a percentage of net revenues was 42.02

Earnings per ADS (Note 3):
Basic 0.

For more information, please contact:

Linda Chien, Investor Relations,
51job, Inc.

interim helps

The increase was principally
attributable to a higher number of first -time customers using the Company's
online recruitment services.7
million (US$3.7 million) compared with RMB15.

australian contract

Shanghai /
Hong Kong time zone) to discuss its first quarter 2005 financial results,
operating performance and business outlook. SHANGHAI, China, May 9 /Xinhua-PRNewswire/ -- 51job , Inc.4 million
(US$6.8% in the March 2004 quarter, due primarily
to a planned increase in sales and marketing expenditures for the Chinese New
Year period in 2005, and higher general and administrative expenses.7 million
(US$102. Participants may
also dial into the teleconference at +1-800-475 -3716 (+1-719-457-2728 for
international callers) and provide the passcode 3623418. 51job also provides executive search services and a number of
other value-added human resource services, including training , proprietary
software applications, business process outsourcing and salary surveys.2765 on March 31, 2005 in The
City of New York for cable transfers of RMB as certified for
customs purposes by the Federal Reserve Bank of New York.

km permanent

Following the earnings announcement , management will hold a
conference call the same day at 8:30 a.com or directly at
http://ir.relations@51job . In our
print advertising business, we witnessed solid page volume growth in both our
more established cities and our newer cities.
Print advertising revenues for the first quarter of 2005 increased 24.7% to RMB8.1
million) compared with RMB8.8 million for the same period in 2004.3 million as of December 31, 2004.

Business Outlook
For the second quarter of 2005, based on current market and operating
conditions, the Company's revenue target is in the range of RMB135 to RMB145
million and the Company's fully diluted earnings per common share target is
between RMB0.18 and RMB0.-based
participants.

australian employment

com for U."
"However, we are encouraged by our top line performance in the first
quarter and believe that our businesses are off to a good start in 2005.5 million for the same period last year.

Conference Call Information
Management of 51job will host a conference call at 8:30 a. Through print advertisements in Career Post Weekly and online
recruitment services at http://www.33 0.com

teams tfpl

Offering a broad array of products and services , 51job connects millions of
job seekers with employment opportunities and streamlines the recruitment
process and human resource administration for tens of thousands of companies
in China. 51job also provides executive search services and a number of
other value-added human resource services , including training, proprietary
software applications, business process outsourcing and salary surveys .

51job Inc. Reports First Quarter 2005 Financial Results

General and administrative expenses for the first quarter of 2005 was
RMB22.2 million due to increased interest income from
higher bank deposits, which include RMB635.

field executives

(Nasdaq: JOBS),
a leading provider of integrated human resource services in China, announced
today unaudited financial results for the first quarter ended March 31, 2005. In the online recruitment
services business, we saw a greater number of first-time customers as well as
an increase in the number of clients choosing our more sophisticated
visibility packages to attract job seekers during the peak period.32 compared with RMB0.32 0.04

Weighted average number of
common shares outstanding:
Basic 28,868 ,169 55,659,607 55,659,607
Diluted 30,913,517 57,618,226 57,618,226

Note 1: The conversion of RMB amounts into USD amounts is based on the
noon buying rate of USD1.
Consolidated Balance Sheets

December 31, March 31, March 31,
2004 2005 2005

(audited) (unaudited) (unaudited)
RMB RMB USD (Note 1)

ASSETS

Current assets:
Cash 848,292,672 848,674,447 102,540,258
Accounts receivable (net of
allowance of RMB3,689,222
and RMB3,923,416 as of
December 31, 2004 and
March 31, 2005, respectively) 23,252,468 44,575,402 5,385,779
Prepayments and other current
assets 14,675,948 11,752,152 1,419,942
Deferred tax assets, current 7,426,098 7,803,452 942,844

Total current assets 893,647,186 912,805,453 110,288,823

Investments 10,495,490 10,485,562 1,266,908
Property and equipment 22,534,875 30,258,102 3,655 ,906
Intangible assets 6,126,749 8,873,930 1,072,184
Other long -term assets 4,201,919 3,828,039 462,519
Deferred tax assets, non-current 376,122 412,314 49,817

Total assets 937,382,341 966 ,663,400 116,796,157

LIABILITIES

Current liabilities:
Accounts payable 9,820,033 18,030,949 2,178,572
Due to related parties 1,577 ,873 1,435,377 173,428
Salary and employee related
accrual 11,698,665 10,631,020 1,284,483
Taxes payable 30,586,768 22,450,988 2,712,619
Advance from customers 17,777,757 31,117,112 3,759 ,695
Other payables and accruals 13,933,686 17,970,198 2,171,232
Deferred tax liabilities,
current 169,237 -- --

Total current liabilities 85,564,019 101,635,644 12,280,029

Deferred tax liabilities,
non-current -- -- --

Total liabilities 85,564,019 101,635,644 12,280,029

Commitments and contingencies -- -- --

Shareholders' equity:
Common shares (US$0.

recruitment recruit

(Nasdaq: JOBS) is a leading provider of integrated human
resource services in China with a strong focus on recruitment related services.
51job's nationwide office network in China spans 20 cities with local editions
of Career Post Weekly and Hong Kong.32

Commenting on the results, Rick Yan, President and Chief Executive Officer
of 51job, Inc.3 million (US$1.7% in the first quarter of 2005 compared with 48.1 million (US$1.16
compared with RMB0.39 in the
first quarter of 2004.
As of March 31, 2005, cash and cash equivalents were RMB848.com for U.

candidate tfpl

51job Inc. Schedules First Quarter 2005 Earnings Release and Conference Call on May 9 2005

-based participants .7
million (US$17.

First Quarter 2005 Unaudited Financial Results
Total revenues for the first quarter ended March 31, 2005 were RMB142.2% growth from RMB24.

contract tfpl

SHANGHAI, China , April 29 /Xinhua-PRNewswire/ -- 51job, Inc.m.8 million (US$3.3 million for the same quarter
last year.8 million) in net
proceeds from the Company's initial public offering completed in October 2004 . The call will be available live and on
replay in the "Investor Relations" section of 51job's website at
http://ir.

profiles salary

51job.2 million) compared with RMB109. Net revenues, which reflect total revenues less business taxes and
related surcharges, increased to RMB134.4 million (US$16.3 million) compared with RMB75.9 million) compared with RMB37. An audio replay will
be available through May 16, 2005, by calling +1-888-203-1112 (+1-719-457-0820
for international callers) and entering the passcode 3623418 . For additional information on
these and other factors that may affect the Company's financial results ,
please refer to the Company's filings with the Securities and Exchange
Commission.41 0.00=RMB8.

recruitment umbrella

The call will be available live and on replay in the "Investor Relations"
section of 51job's website at http://www. "We
increased spending in accordance with our marketing plan to promote our brand
and to reinforce awareness of our services among employers and job seekers
surrounding the Chinese New Year peak season.2 million) in the
first quarter of 2005 from RMB104.
Online recruitment services revenues for the first quarter of 2005 were
RMB31.1
million for the same quarter last year. Unique employers using online recruitment
services increased to 25,628 in the first quarter of 2005, compared with
18,018 in the same period last year.8 million) from RMB3.0 million ) compared with
RMB13.7 million for the same period last year.51job.
Note 2: Aggregate share -based compensation expense attributable to cost
of services and operating expenses was RMB9,258,698 for the
three months ended March 31, 2004 and RMB3,671,596 (US$443 ,617)
for the three months ended March 31, 2005.

field contract

Additionally, our gross profit was affected by
lower promotional prices in some cities.3 million for the
same quarter in 2004.4 million (US$2.m.
Note 3: Each ADS represents two common shares.relations@51job.

candidate teams

51job.51job.

About 51job
51job, Inc. Our
focus remains to drive revenue growth and to continue to strengthen our market
position in the rapidly developing HR services market in China," said Mr.9 million for the
same quarter in 2004.2 million for the same
quarter last year.
Income from operations was RMB8. Shanghai / Hong Kong time zone) to
discuss first quarter 2005 results.

reference contract

(Nasdaq: JOBS ), a leading provider of integrated human resource services in
China, announced today that it will release unaudited financial results for
the first quarter ended March 31, 2005 before the market opens on Monday, May
9, 2005.m.com , both domestic Chinese employers
and multinational companies alike are able to attract, identify and recruit
new employees. We also
experienced an increase in candidate placements in our executive search
business and gained momentum in our other human resource related services with
additional HR outsourcing contracts. Yan.2 million), an increase of 29.1% to
RMB6.
Gross profit for the first quarter of 2005 was RMB65. The weighted average number of common shares
outstanding increased as a result of the Company's initial public offering and
the conversion of Series A Preference Shares into common shares in October
2004.com , both domestic Chinese employers
and multinational companies alike are able to attract, identify and recruit
new employees .39 0.

executives reference

For the first quarter
of 2005, other human resource related revenues were RMB10 .
Operating expenses for the first quarter of 2005 were RMB57.7% for the first
quarter of 2005 compared with 35.2 million for the first
quarter last year. Interest and investment income
increased significantly to RMB4. Among the factors that could cause actual
results to differ are the number of recruitment advertisements placed, sales
orders received and customer contracts executed during the remaining weeks of
the second quarter of 2005; any accounting adjustments that may occur during
the quarterly close; behavioral and operational changes of customers in
meeting their human resource needs as they respond to evolving social,
economic and political changes in China; introduction by its competitors of
new or enhanced products or services; price competition in the market for the
various human resource services that the Company provides in China; and
fluctuations in general economic conditions.
Consolidated Statements of Operations

For the Three Months Ended
March 31, March 31, March 31,
2004 2005 2005
(unaudited) (unaudited) (unaudited)

RMB RMB USD (Note 1)

Revenues:
Print advertising 75,342,560 93,690,402 11,320,051
Online recruitment services 24,060,419 31,805,222 3,842,835
Executive search 3,519,745 6,938,222 838,303
Other human resource
related revenues 7,024,741 10,256,021 1,239,174
Total revenues 109,947,465 142,689 ,867 17,240,363

Less: Business and related tax (5,091,727) (8,252,063) (997,047 )
Net revenues 104,855,738 134,437,804 16,243,316

Cost of services (53,611,580) (69,005,139) (8,337,478)

Gross profit 51,244,158 65,432,665 7,905,838

Operating expenses:
Sales and marketing (13,603,702) (31,703,792) (3,830,580)
General and administrative (15,170,955) (22,358,405) (2,701,432)
Share-based compensation -
share options (Note 2) (8,755,475) (3,290,803) (397,608)
Total operating expenses (37 ,530,132) (57,353,000) (6,929,620)

Income from operations 13,714,026 8,079 ,665 976,218
Interest and investment income 242,907 4,873,803 588,872
Other income 72,433 421,659 50,947

Income before provision for
income tax 14,029,366 13,375,127 1,616,037
Income tax expense (5,216,883) (4,199,835) (507,441)

Net income 8,812,483 9,175,292 1,108,596

Amount allocated to
participating holders of
Series A Preference Shares (2,839,604) -- --

Income attributable to common
shareholders 5,972,879 9,175,292 1,108,596

Earnings per share:
Basic 0.19 0.00=RMB8.0001 par
value; 57,000,000 shares
authorized, 55,616,679 and
55,725,602 shares issued and
outstanding as of December 31,
2004 and March 31, 2005,
respectively) 46,044 46,130 5,574
Additional paid-in capital 869,125,807 868,796,340 104,971,466
Deferred share-based
compensation (40,154,027)(35,735,908) (4,317,756)
Statutory reserves 16,756,461 16,756,461 2,024,583
Other comprehensive loss (501,659) (556,255) (67,212)
Retained earnings 6,545 ,696 15,720,988 1,899,473

Total shareholders' equity 851,818,322 865,027,756 104,516,128

Total liabilities and
shareholders' equity 937,382,341 966,663,400 116,796,157

Note 1: The conversion of RMB amounts into USD amounts is based on the
noon buying rate of USD1.

opportunities clients

Please go to the website at
least fifteen minutes early to register, download and install any necessary
audio software. Through print advertisements in Career Post Weekly and online
recruitment services at http://www."
"In line with our expectations and guidance, our first quarter
profitability was impacted by cost increases," continued Mr.4 million (US$7.8 million) from RMB13. Eastern
Standard Time on May 9, 2005 (8:30 p.
Offering a broad array of products and services, 51job connects millions of
job seekers with employment opportunities and streamlines the recruitment
process and human resource administration for tens of thousands of companies
in China.
Tel: +86-21-5292-0720
Email: investor.

opportunities careers

Eastern Time (8:30 p.

For more information, please contact:

Linda Chien, Investor Relations,
51job , Inc.

About 51job
51job, Inc.02
Diluted 0 .04
Diluted 0.

executives careers

An audio replay will be available through May 16, 2005, by
calling +1-888-203-1112 (+1-719-457-0820 for international callers) and
entering the passcode 3623418.9 million for the first
quarter of 2004
-- Fully diluted earnings per common share were RMB0.16
-- Fully diluted earnings per American Depositary Share (ADS) were
RMB0.0 million) compared with RMB108.4%
to RMB93.3 million (US$1.0% growth from RMB7 .0 million for the first
quarter last year.9% in
the same quarter in 2004. Please go to the website at least fifteen minutes early to
register, download and install any necessary audio software. (Nasdaq: JOBS) is a leading provider of integrated human
resource services in China with a strong focus on recruitment related services.

interim reference

com

Excluding the stationery business, revenues from other
human resource related services increased 57.9
million), representing an increase of 27. Gross margin, which is equal to gross profit divided by
net revenues, was 48.6 million for the same quarter in 2004
mainly due to a major national television advertising campaign we conducted in
the first quarter, the hiring of additional sales personnel and increased
spending on other promotional activities . The increase was primarily attributable to higher costs
associated with professional services fees , operating three additional sales
offices over the comparable 2004 period, increased personnel and provisions
for certain aged accounts receivable.9 million (US$0.19 for the same quarter in 2004.

m.S.

Safe Harbor Statement
Statements in this release regarding targets for the second quarter of
2005, future business and operating results constitute "forward-looking"
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in the Private Securities Litigation Reform Act of 1995.

interim executives

The
estimated number of print advertising pages generated in the first quarter of
2005 increased to 3,107 compared with 2,022 estimated print advertising pages
in the same quarter in 2004.0
million) in the first quarter of 2005 from RMB5.
Sales and marketing expenses for the first quarter of 2005 grew to RMB31.6 million) in the first
quarter of 2005 from RMB0. Fully diluted earnings
per ADS in the first quarter of 2005 were RMB0.
51job's nationwide office network in China spans 20 cities with local editions
of Career Post Weekly and Hong Kong.

51job, Inc.2765 on March 31, 2005 in The
City of New York for cable transfers of RMB as certified for
customs purposes by the Federal Reserve Bank of New York.

Sites with information on careers and job opportunities in the field of Knowledge Management .

clients careers

Tel: +86-21-5292-0720
Email: investor.1% in the first quarter of 2005 to RMB140. The revenue increase was primarily due to the higher
volume of recruitment advertisements placed in Career Post Weekly, which was
partially offset by lower promotional prices introduced in some cities and
increasing revenue contribution from the Company's lower-priced cities.9 million (US$0 . Fully
diluted earnings per common share for the first quarter of 2005 were RMB0.5 million) compared with RMB848. 51job undertakes no obligation to update these targets prior to
announcing final results for the second quarter or as a result of new
information, future events or otherwise.16 0 .

australian job

We also incurred higher
expenses associated with a planned increase in sales headcount and additional
professional services fees.8% from RMB109. Excluding the revenue contribution of the stationery
business, total revenues grew 30.9 million in the same period last year.5 million for the same quarter last
year on increased candidate assignments and placements.
Net income for the first quarter of 2005 was RMB9.25.51job.21 0.

advice helps

First Quarter 2005 Financial Highlights:
-- Total revenues increased approximately 30% year-over-year to RMB142. Yan.8 million), representing a 32.
Executive search revenues for the first quarter of 2005 increased 97.7% from RMB51.

clients opportunities

, said , "Although the seasonally strong post-Chinese New Year
recruitment period began more than two weeks later in 2005 compared to 2004,
we are pleased that first quarter revenues exceeded our expectations .7
million (US$17.7
million (US$17.7 million (US$11.2
million), representing a 46.5 million (US$76.2 million (US$1. These
statements are based upon management's current expectations, and actual
results could differ materially.

51job, Inc.16 0.