10:03     EMPEROR (CHINA)<02955> - Announcement & Resumption (4)              

    As set out in the Rights Issue Announcement and the Rights                
    Issue Circular, the Company proposed to raise approximately               
    HK$443.5 million after expenses by way of rights issue of                 
    660,344,150 Shares at a price of HK$0.68 per Share on the basis           
    of five Shares for every Share held on the record date for                
    the Rights Issue which is 3 January 2005. The Rights Issue                
    is expected to be completed on 21 January 2005. The Directors             
    intend to use the net proceeds from the Rights Issue of                   
    approximately HK$443.5 million as to HK$405 million for the               
    Property Acquisition and the future possible development of               
    the Property and as to the balance of approximately HK$38.5               
    million for the Group's general working capital.                          
                                                                              
    RESUMPTION OF TRADING                                                     
    At the request of the Company, trading in the Shares on the               
    Stock Exchange was suspended with effect from 9:30 a.m. on                
    5 January 2005 pending the release of this announcement.                  
    Application has been made by the Company for the resumption               
    of trading in the Shares on the Stock Exchange with effect                
    from 9:30 a.m. on 7 January 2005.                                         
                                                                              
    TERMS USED IN THIS ANNOUNCEMENT                                           
    "AY Trust"   The Albert Yeung Discretionary Trust (of which               
    Mr. Albert Yeung is the founder), a substantial Shareholder               
    of the Company                                                            
                                                                              
    "Company"   Emperor (China Concept) Investments Limited, an               
    exempted company incorporated in Bermuda with limited                     
    liability, the Shares of which are listed on the Stock Exchange           
                                                                              
    "connected person(s)"   has the meaning ascribed to it in the             
    Listing Rules                                                             
                                                                              
    "Director(s)"   director(s) of the Company                                
                                                                              
    "Emperor International"   Emperor International Holdings                  
    Limited, an exempted company incorporated in Bermuda with                 
    limited liability, the shares of which are listed on the Stock            
    Exchange                                                                  
                                                                              
    "Emperor Securities"   Emperor Securities Limited, a deemed               
    licensed corporation to carry on types 1, 4, 6, 7 and 9                   
    regulated activities as defined in schedule 5 of the                      
    Securities and Futures Ordinance (Chapter 571 of the Laws of              
    Hong Kong), being one of the Underwriters to the Underwriting             
    Agreement                                                                 
                                                                              
    "Great Assets"   Great Assets Holdings Limited, a company                 
    incorporated in the British Virgin Islands with limited                   
    liability                                                                 
                                                                              
    "Group"   the Company and its subsidiaries                                
                                                                              
    "Hong Kong"   the Hong Kong Special Administrative Region of              
    the People's Republic of China                                            
                                                                              
    "Independent Third Parties"   third parties which are not                 
    connected persons of the Company within the meaning of the                
    Listing Rules and will become shareholders of Luck United                 
    holding 50% of the issued share capital of Luck United                    
                                                                              
    "Keen Million"   Keen Million Limited, a company incorporated             
    in the British Virgin Islands with limited liability                      
                                                                              
    "Listing Rules"   the Rules governing the Listing of                      
    Securities on the Stock Exchange                                          
                                                                              
    "Luck United"   Luck United Holdings Limited, a company                   
    incorporated in the British Virgin Islands with limited                   
    liability                                                                 
                                                                              
    "Macau"   the Macau Special Administrative Region of the                  
    People's Republic of China                                                
                                                                              
    "Macau Company"   *, a company incorporated                               
    in Macau with limited liability and is an independent third               
    party which is not a connected person of the Company within               
    the meaning of the Listing Rules                                          
                                                                              
    "Mr. Albert Yeung"   Mr. Yeung Sau Shing, Albert, spouse of               
    Ms. Luk Siu Man, Semon, a Director and Chairperson of the                 
    Company                                                                   
                                                                              
    "Placing"   the placing of 2,200,000 new shares of HK$0.001               
    each of the Company as set out in the Rights Issue Announcement