10:10     EMPEROR IHL<02954> - Announcement & Resumption (4)                  

    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 5th 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                       
    7th January 2005.                                                         
                                                                              
    TERMS USED IN THIS ANNOUNCEMENT                                           
    "Company"   Emperor International Holdings Limited,                       
    a company incorporated in Bermuda with limited                            
    liabilities, the securities of which are listed on                        
    the Stock Exchange                                                        
                                                                              
    "Director(s)"   director(s) of the Company                                
                                                                              
    "Charron"   Charron Holdings Limited, a company                           
    indirectly owned by the Albert Yeung Discretionary                        
    Trust, the founder of which is Mr. Yeung Sau Shing,                       
    Albert, the spouse of Ms. Luk Siu Man, Semon, a                           
    Director and the Chairperson of the Company                               
                                                                              
    "General Mandates"   the Issue Mandate and the                            
    Repurchase Mandate                                                        
                                                                              
    "Issue Mandate"   the general mandate granted to the                      
    Directors to issue further securities not exceeding                       
    20% of the issued share capital of the Company as at                      
    the date of passing such resolution                                       
                                                                              
    "Independent Board Committee"   the independent                           
    board committee to be formed by the independent                           
    non-executive Directors to advise the Independent                         
    Shareholders on the refreshment of the Issue Mandate                      
                                                                              
    "Independent Shareholders"   Shareholders other than                      
    Charron and its associates                                                
                                                                              
    "Listing Rules"   Rules Governing the Listing of                          
    Securities on the Stock Exchange                                          
                                                                              
    "Placing Agent"   China Everbright Securities (HK)                        
    Limited                                                                   
                                                                              
    "Placing Shares"   129,490,000 existing Shares to be                      
    placed pursuant to the Placing                                            
                                                                              
    "Placing"   the Placing of 129,490,000 Placing Shares                     
                                                                              
    "Placing Agreement"   the placing agreement dated 5th                     
    January 2005 entered into between Charron and China                       
    Everbright Securities (HK) Limited in relation to the                     
    placing of 129,490,000 existing Shares at a placing                       
    price of HK$1.80 per Share                                                
                                                                              
    "Repurchase Mandate"   the general mandate granted to                     
    the Directors to repurchase securities not exceeding                      
    10% of the issued share capital of the Company as at                      
    the of passing such resolution                                            
                                                                              
    "Shares"   ordinary shares of HK$0.01 each of the                         
    Company                                                                   
                                                                              
    "Shareholder(s)"   shareholder(s) of the Company                          
                                                                              
    "Stock Exchange"   The Stock Exchange of Hong Kong                        
    Limited                                                                   
                                                                              
    "Subscription"   the subscription of 129,490,000 new                      
    Shares by Charron                                                         
                                                                              
    "Subscription Agreement"   the subscription                               
    agreement dated 5th January 2005 entered between                          
    Charron and the Company for the subscription of                           
    129,490,000 Shares by Charron                                             
                                                                              
    "SGM"   the special general meeting of the Company to                     
    be held for the purpose of approving the refreshment                      
    of the General Mandates                                                   
                                                                              
    By Order of the Board                                                     
    Emperor International Holdings Limited                                    
    Luk Siu Man, Semon                                                        
    Chairperson                                                               
                                                                              
    Hong Kong, 6th January 2005