09:33     GORIENT<00729> - Announcement & Resumption (5)                      

    January 2005 at the request of the Company pending the issue of this      
    announcement and application has been made to Stock Exchange for the      
    resumption of trading of the Shares of the Company from 9:30 a.m. on 10   
    January 2005.                                                             
                                                                              
    Definitions                                                               
                                                                              
    In this announcement, the following terms have the following meanings:    
                                                                              
    "AGM"  the Company's annual general meeting held on 23 August 2004        
                                                                              
    "China Everbright"  China Everbright Securities (HK) Limited              
                                                                              
    "Company"  Gorient Holdings Limited, a company incorporated in Bermuda    
    with limited liability and the shares of which are listed on the Stock    
    Exchange                                                                  
                                                                              
    "Directors"  directors of the Company                                     
                                                                              
    "General Mandate"  the general mandate to allot, issue and deal with      
    the Shares granted to the Directors by resolution of the shareholders     
    of the Company passed at the AGM                                          
                                                                              
    "Group"  the Company and its subsidiaries                                 
                                                                              
    "HK$"  Hong Kong Dollars, the lawful currency of Hong Kong                
                                                                              
    "Listing Rules"  the Rules Governing the Listing of Securities on the     
    Stock Exchange                                                            
                                                                              
    "Placing"  the placement of the Placing Shares to independent placees     
    at the Placing Price                                                      
                                                                              
    "Placing Agreement"  the agreement dated 5 January 2005 entered into      
    between the Vendor and China Everbright in respect of the Placing         
                                                                              
    "Placing Price"  HK$0.08 per Share                                        
                                                                              
    "Placing Shares"  up to 260,000,000 existing Shares held by the Vendor    
                                                                              
    "Shares"  ordinary shares of HK$0.01 each in the share capital of the     
    Company                                                                   
                                                                              
    "Stock Exchange"  The Stock Exchange of Hong Kong Limited                 
                                                                              
    "Top-up Subscription"  the top-up subscription of the Top-up              
    Subscription Shares by the Vendor                                         
                                                                              
    "Top-up Subscription Price"  HK$0.08 per Share                            
                                                                              
    "Top-up Subscription Share"  up to 260,000,000 new Shares                 
                                                                              
    "Suspension Date"  5 January 2005                                         
                                                                              
    "Vendor"  Power Assets Enterprises Limited                                
                                                                              
    As at the date of this announcement, the Directors of the Company are     
    as follows:                                                               
                                                                              
    Executive Directors:  Mr. Gouw, Carl Kar Yiu, Ms. Gouw, Elizabeth San     
    Bo, Mr. Sun Yeung Yeung                                                   
                                                                              
    Non-executive Directors:  Mr. Lo Mun Lam, Raymond, Mr. Chow Yeung Tuen,   
    Richard, Mr. Ha Kee Choy, Eugene                                          
                                                                              
    Independent non-executive Directors:  Mr. Ko Sai Kit, Larry, Mr. Law      
    Hung Wai, Sam, Mr. Tsang Pak Chung, Eddy                                  
                                                                              
    By order of the board of Directors of                                     
    Gorient (Holdings) Limited                                                
    GOUW, Carl Kar Yiu                                                        
    Chairman & Chief Executive Officer                                        
                                                                              
    Hong Kong, 7 January 2005