08:55 Table 5 - Warrants' Expiry Dates & Registration Periods (5) WARRANTS' EXPIRY DATES & REGISTRATION PERIODS AS AT 31 DECEMBER 2004 Warrants' Expiry Dates & Imposed Registration Periods Stock Expiry Reg Stock Expiry Reg Stock Expiry Reg Code Date Period Code Date Period Code Date Period ----- -------- -------- ----- -------- -------- ----- -------- -------- 9178 10/03/05 13/10/04 9311 27/06/05 22/09/04 9388 07/03/05 - 9197 28/01/05 31/08/04 9312 27/06/05 04/12/04 9392 11/01/05 - 9198 28/06/05 21/08/04 9333 10/03/05 20/11/04 9393 11/01/05 - 9199 28/06/05 08/10/04 9334 27/01/06 18/09/04 9398 10/03/06 22/09/04 9200 28/06/05 17/09/04 9335 10/03/05 21/08/04 9399 10/03/06 17/09/04 9202 28/06/05 21/08/04 9336 10/03/05 11/09/04 9403 10/03/06 22/09/04 9236 05/01/05 - 9337 10/03/05 20/11/04 9408 10/01/05 16/09/04 9242 28/10/05 16/09/04 9338 10/03/05 11/09/04 9438 11/01/05 - 9259 10/03/06 16/09/04 9339 10/03/06 18/09/04 9453 28/12/05 22/09/04 9260 28/09/05 31/08/04 9340 10/03/05 11/09/04 9455 11/01/05 - 9270 05/01/05 - 9345 10/03/06 16/09/04 9456 28/12/05 31/08/04 9271 05/01/05 - 9346 10/03/05 16/09/04 9457 28/12/05 17/09/04 9284 28/09/05 09/10/04 9347 10/03/05 16/09/04 9462 27/06/06 13/09/04 9285 18/11/05 07/10/04 9349 10/03/06 16/09/04 9463 28/12/05 21/09/04 9286 05/01/05 - 9351 05/05/05 - 9477 06/06/05 27/08/04 9303 11/11/05 24/09/04 9375 28/04/05 31/08/04 9514 04/07/05 20/11/04 Warrants' Expiry Dates & Imposed Registration Periods Stock Expiry Reg Stock Expiry Reg Stock Expiry Reg Code Date Period Code Date Period Code Date Period ----- -------- -------- ----- -------- -------- ----- -------- -------- 9516 10/03/05 13/10/04 9569 13/01/05 27/08/04 9723 01/03/05 16/09/04 9533 06/01/05 - 9573 25/02/05 16/09/04 9732 28/03/05 09/12/04 9539 18/08/05 17/09/04 9620 28/04/05 17/09/04 9736 28/06/05 16/09/04 9540 18/08/05 11/09/04 9656 10/01/05 - 9749 18/10/05 - 9541 18/08/05 24/09/04 9659 10/01/05 - 9755 03/10/05 - 9542 18/08/05 17/09/04 9661 28/02/05 17/09/04 9756 03/06/05 - 9548 03/05/05 - 9662 28/02/05 17/09/04 9757 18/01/05 - 9549 13/01/05 17/09/04 9663 18/02/05 08/10/04 9778 04/04/05 - 9550 31/12/04 13/09/04 9667 17/02/05 - 9787 18/01/05 - 9560 31/12/04 - 9668 28/02/05 13/09/04 9791 03/06/05 - 9562 31/12/04 17/09/04 9669 18/08/06 07/10/04 9798 24/03/05 - 9564 27/06/06 09/10/04 9674 28/02/05 01/10/04 9814 18/01/05 - 9565 18/08/05 16/09/04 9693 01/04/05 16/09/04 9827 18/01/05 - 9566 18/08/05 18/09/04 9705 03/10/05 - 9828 18/01/05 - 9567 18/08/05 07/12/04 9718 01/03/05 17/09/04 9832 03/01/05 21/08/04 9568 13/01/05 13/09/04 9721 02/03/05 16/09/04 9837 21/01/05 - Warrants' Expiry Dates & Imposed Registration Periods Stock Expiry Reg Stock Expiry Reg Stock Expiry Reg Code Date Period Code Date Period Code Date Period ----- -------- -------- ----- -------- -------- ----- -------- -------- 9842 31/12/04 - 9922 08/11/05 - 9857 08/02/05 08/10/04 9924 18/02/05 - 9858 28/01/05 - 9925 18/01/05 - 9859 03/05/05 - 9926 18/02/05 - 9861 31/12/04 - 9927 07/01/05 - 9866 31/12/04 - 9928 28/04/05 - 9882 17/08/05 - 9939 03/01/05 17/09/04 9884 17/08/05 - 9941 08/03/05 - 9885 08/09/05 - 9942 18/02/05 - 9889 08/09/05 - 9943 18/05/05 - 9890 18/01/05 - 9944 18/05/05 - 9891 08/04/05 - 9945 18/05/05 - 9892 08/09/05 07/12/04 9957 18/05/05 09/12/04 9893 08/09/05 - 9981 01/03/05 - 9902 08/06/05 - 9988 31/12/04 - 9904 08/09/05 - "Acquisition" the acquisition of the Sale Shares and Sale Debt by Top Vision from the Vendors "associate(s)" has the meaning ascribed to it under the Listing Rules "Board" the board of Directors "BVI" British Virgin Islands "China Plaza" the property interests comprising 3 floors of retail shops, 56 office units and 184 car parking spaces situated at Avenida da Praia Grande Nos. 730-804 and Avenida da D. Joao IV Nos. 2-6-B, Macao "CSC" CSC Investment Company Limited, a company incorporated in the Macao with limited liability "Company" Polytec Asset Holdings Limited, a company incorporated in the Cayman Islands with limited liability, the ordinary shares of which are listed on the main board of the Stock Exchange "Completion" completion of the Sale and Purchase Agreement "connected person" has the meaning ascribed to it in the Listing Rules "Directors" the directors of the Company "Group" the Company and its subsidiaries "Han Van San a commercial building comprising 5 storeys of car parking spaces, Commercial Building" 4 storeys of shopping arcades and 20 storeys of office premises situated at Rua do Dr. Pedro Jose Lobo, Av. do Infante D. Henrique and Av. Doutor Mario Soares, Macao (to be renamed as The Macau Square) "Hong Kong" the Hong Kong Special Administrative Region of the PRC "Independent Purchasers" Sino-Asia, JHK, CSC, Qualitec and Mr. Tsui Wai Kwan "JHK" JHK International Limited, a company incorporated in Hong Kong with limited liability "Kam Yuen" Kam Yuen Property Investment Limited, a company incorporated in Macao on 25 March 2002 and a wholly owned subsidiary of New Cosmos "Listing Rules" The Rules Governing the Listing of Securities on the Stock Exchange "Luk Ieong" the property interests comprising 14 retail shops and 79 car parking spaces situated at Rua do Comandante Joao Belo, Bairro Fai Chi Kei Nos. 427-497, Rua do General Ivens Ferraz, Bairro Fai Chi Kei Nos. 422-498 and Rua da Doca Seca Nos. 230-260, Macao "Macao" the Macao Special Administrative Region of the PRC "New Cosmos" New Cosmos Holding Limited, a company incorporated in the BVI on 3 November 2004 with limited liability and wholly owned by the Vendors prior to Completion "PRC" the People's Republic of China "Purchasers" Top Vision, Sino-Asia, JHK, CSC, Qualitec and Mr. Tsui Wai Kwan "Qualitec" Qualitec Construction And Investment Company Limited, a company incorporated in Macao with limited liability "Sale and Purchase the unconditional agreement dated 23 December 2004 entered Agreement" into among the Vendors and the Purchasers in relation to the acquisition of the entire issued share capital of New Cosmos and all outstanding loans due from New Cosmos to the Vendors "Sale Debt" an amount of approximately MOP27.7 million (equivalent to approximately HK$26.9 million), being 58% of the face value of all outstanding loans due from New Cosmos to the Vendors as at the date of Completion