09:47     HANSOM EASTERN<00279> - Announcement                                

    The Stock Exchange of Hong Kong Limited takes no responsibility for the   
    contents of this announcement, makes no representation as to its          
    accuracy or completeness and expressly disclaims any liability            
    whatsoever for any loss howsoever arising from or in reliance upon the    
    whole or any part of the contents of this announcement.                   
                                                                              
    HANSOM EASTERN (HOLDINGS) LIMITED                                         
    (Incorporated in the Cayman Islands with limited liability)               
    (Stock Code: 279)                                                         
                                                                              
    UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENT                           
                                                                              
                                                                              
    The Directors of the Company have noted the increases in the share price  
    and the trading volume of the Company on 6th January 2005 and wish to     
    state that except as disclosed below, the Directors are not aware of any  
    reasons for such increases.                                               
                                                                              
    This announcement is made at the request of The Stock Exchange of Hong    
    Kong Limited. The directors (the "Directors") of Hansom Eastern           
    (Holdings) Limited (the "Company") have noted the increases today in the  
    share price and the trading volume of the shares of the Company and wish  
    to state that the Directors are not aware of any reasons for such         
    increases.                                                                
                                                                              
    The Company is in preliminary discussion regarding a possible equity      
    fund raising exercise. However, as at the date of this announcement, no   
    agreement or contract has been entered into and the transaction may or    
    may not proceed. Further announcement will be made by the Company as and  
    when necessary to comply with the Listing Rules requirements. Save as     
    disclosed above, the Directors also confirm that there are no             
    negotiations or agreements relating to intended acquisitions or           
    realisations which are discloseable under Rule 13.23 of the Listing       
    Rules, neither is the Board aware of any matter discloseable under the    
    general obligation imposed by Rule 13.09 of the Listing Rules, which is   
    or may be of a price-sensitive nature.                                    
                                                                              
    Made by the order of the Board of the Company, the Directors of which     
    individually and jointly accept responsibility for the accuracy of this   
    announcement.                                                             
                                                                              
    By Order of the Board                                                     
    Hansom Eastern (Holdings) Limited                                         
    Lai Ming Wai                                                              
    Executive Director                                                        
                                                                              
    Hong Kong, 6th January, 2005                                              
                                                                              
    As at the date of this announcement, the Board comprises three Executive  
    Directors, namely Mr. Kwong Wai Tim, William (Managing Director), Ms.     
    Yau Shum Tek, Cindy and Mr. Lai Ming Wai; and three Independent           
    Non-executive Directors, namely Mr. Lam Ping Cheung, Mr. Kwong Kai Sing,  
    Benny and Mr. Lo Ming Chi, Charles.