09:55     KARCE INTL HOLD<01159> - Announcement (5)                           

    the Vendor and the Purchaser in relation to the Disposal                  
                                                                              
    "Board''        the board of Directors                                    
                                                                              
    "BVI"   the British Virgin Islands                                        
                                                                              
    "Company''      Karce International Holdings Company Limited              
                                                                              
    "DTEC"  # (Dongguan Tehsutec Electronic Company                           
    Limited)                                                                  
                                                                              
    "Directors''    the directors of the Company                              
                                                                              
    "Disposal''     the sale of the entire equity interests in DTEC           
    pursuant to the Agreement                                                 
                                                                              
    "Group''        the Company and its subsidiaries                          
                                                                              
    "Hong Kong''    the Hong Kong Special Administrative Region of the        
    PRC                                                                       
                                                                              
    "Listing Rules''        the Rules Governing the Listing of                
    Securities on The Stock  Exchange of Hong Kong Limited                    
                                                                              
    "PRC"   the People's Republic of China which for the purpose of           
    this announcement, excludes Hong Kong, the Macau Special                  
    Administrative Region of the People's Republic of China and               
    Taiwan                                                                    
                                                                              
    "Purchaser"     Power Universe International Limited                      
                                                                              
    "Shares''       ordinary shares of HK$0.10 each in the capital of the     
    Company                                                                   
                                                                              
    "Shareholders'' holders of the Share(s)                                   
                                                                              
    "Vendor"        Tachibana Limited, an indirect wholly-owned               
    subsidiary of the Company                                                 
                                                                              
    "HK$''  the lawful currency of Hong Kong                                  
                                                                              
    By order of the Board                                                     
    Karce International Holdings Company Limited                              
    Tong Shek Lun                                                             
    Chairman                                                                  
                                                                              
    Hong Kong, 6th January, 2005                                              
                                                                              
    # For the Chinese name, please refer to the press announcement today.