Hartcourt Shareholder Meeting to Be Hold on October 24, 2005

The Hartcourt Companies, Inc. (OTC BB: HRCT) (Frankfurt: 900009), the Board of Directors of Hartcourt has approved the rescheduled Annual Shareholder Meeting to be held on Monday, October 24, 2005, at 10 am, Pacific time, at Luxor Hotel, 3900 Las Vegas Boulevard South, Las Vegas, NV.

About Hartcourt

Hartcourt's achievements and operations can be found on its web site: www.hartcourt.com

Forward-looking statements

The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.

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