09:59     WONSON INT'L<00651>-Announcement & Resumption of Trading (6)        

                                   notes to be issued by the                  
                                   Company in the aggregate                   
                                   principal amount of HK$50                  
                                   million                                    
    `Director(s)'                  director(s) of the Company                 
    `SGM'                          special general meeting of                 
                                   the Company to be convened to              
                                   approve the matter(s)                      
                                   referred to herein                         
    `Group'                        the Company and its                        
                                   subsidiaries                               
    `Listing Rules'                the Rules Governing the                    
                                   Listing of Securities on the               
                                   Stock Exchange                             
    `Maturity Date'                the day preceding the first                
                                   anniversary of the date of                 
                                   issue of the Convertible                   
                                   Notes                                      
    `Placee(s)'                    any individual, institutional              
                                   or other professional                      
                                   investor(s) procured by the                
                                   Placing Agent to subscribe                 
                                   for any principal amount of                
                                   the Convertible Notes                      
                                   pursuant to the Placing                    
                                   Agent's obligations under the              
                                   Placing Agreement                          
    `Placing Agent'                Kingston Securities Limited,               
                                   a deemed licensed corporation              
                                   to carry on business in types              
                                   1, 4, 6 and 9 regulated                    
                                   activities (dealing in                     
                                   securities, advising on                    
                                   securities and corporate                   
                                   finance, and asset                         
                                   management) under the                      
                                   Securities and Futures                     
                                   Ordinance (Chapter 571 of the              
                                   Laws of Hong Kong), and not a              
                                   connected person of the                    
                                   Company                                    
    `Placing Agreement'            The conditional placing                    
                                   agreement dated 5 January                  
                                   2005 entered into between the              
                                   Company and the Placing Agent              
    `Share(s)'                     ordinary share(s) of HK$0.01               
                                   each in the existing issued                
                                   share capital of the Company               
    `Shareholder(s)'               holder(s) of the Shares                    
    `Stock Exchange'               The Stock Exchange of Hong                 
                                   Kong Limited                               
    `HK$'                          Hong Kong dollars, the lawful              
                                   currency of Hong Kong                      
    `USD'                          United States dollars                      
    `%'                            Percentage                                 
                                                                              
                                   By order of the board                      
                                   Wonson International Holdings Limited      
                                   Hui, Richard Rui                           
                                   Director                                   
                                                                              
    Hong Kong, 5 January 2005                                                 
                                                                              
    * For identification purpose only