09:30     TACK HSIN HOLD<00611> - Announcement                                

    The Stock Exchange of Hong Kong Limited (the "Stock Exchange") takes no   
    responsibility for the contents of this announcement, make 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.                                                             
                                                                              
    TACK HSIN HOLDINGS LIMITED                                                
    (Incorporated in Bermuda with limited liability)                          
    (Stock Code: 611)                                                         
                                                                              
    Announcement                                                              
                                                                              
    The Board has noted the increase in the price and trading volume of the   
    shares of the Company today and wishes to state that it is not aware of   
    any reasons for such increase in the price and trading volume of the      
    shares of the Company.                                                    
                                                                              
    Shareholders and potential investors of the Company should exercise       
    caution when dealing in the shares of the Company.                        
                                                                              
    This announcement is made at the request of the Stock Exchange.           
                                                                              
    The board of directors (the "Board") of Tack Hsin Holdings Limited (the   
    "Company") has noted the increase in the price and trading volume of      
    the shares of the Company today and wishes to state that the Board is     
    not aware of any reasons for such increase in the price and trading       
    volume of the shares of the Company.                                      
                                                                              
    The Board also wishes to clarify certain statements appearing in a        
    press article in relation to the Company's intention to tap the           
    gambling businesses or change its current principal businesses            
    activities and concentrate on engaging in gambling businesses. The        
    directors of the Company would like to clarify that there is no such      
    intention for the Company to tap or invest in gambling businesses in      
    the near future or change its current principal businesses activities     
    and concentrate on engaging in gambling businesses nor the Company has    
    made any such statement to the press regarding such intention.            
                                                                              
    The Board also confirms that there are no negotiations or agreements      
    relating to intended acquisitions or realisations which are               
    discloseable under Rule 13.23 of the Listing Rules, and save for the      
    clarification stated above, 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.            
                                                                              
    Shareholders and potential investors of the Company should exercise       
    caution when dealing in shares of the Company.                            
                                                                              
    Made by the order of the Board, the directors of the Company of which     
    individually and jointly accept responsibility for the accuracy of this   
    announcement.                                                             
                                                                              
    By Order of the Board                                                     
    Tack Hsin Holdings Limited                                                
    Chan Shu Kit                                                              
    Chairman                                                                  
                                                                              
    Hong Kong, 7 January 2005                                                 
                                                                              
    As at the date of this announcement, the executive Directors of the       
    Company are Mr. Chan Shu Kit, Mr. Kung Wing Yiu, Mr. Chan Leung Huen,     
    Mr. Chan Ho Man and the independent non-executive Directors are Mr.       
    Kung Fan Cheong, Mr. Chan Ka Ling, Edmond and Mr. Lo Kin Cheung.