CHINA CABLE (CCCI)

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HONG KONG--(BUSINESS WIRE)--July 10, 2003--China Cable and Communications Inc. (OTCBB:CCCI - News), formerly with a trading symbol of NIFL, today announced that its trading symbol has been changed to CCCI, trading on the OTC Bulletin Board. The new trading symbol is consistent with the company's name change announced yesterday.
CCCI currently has a 49% equity interest in Baoding Pascali Broadcasting Multimedia Transmission Networking Co., Ltd. (Baoding). That company, established in the People's Republic of China (PRC), operates a cable TV network in the municipality of Baoding, near Bejing, in the PRC.

This joint venture company has more than 200,000 subscribers in a market with a population of more than 10 million. The company currently offers 39 channels within the Baoding city limits and eight additional channels to outer areas in the Baoding metropolitan area. It transmits in both analog and digital over its fiber optic network and through 22 substations.