09:20     EPRO<08086> - Announcement & Resumption of Trading                  

    The Stock Exchange of Hong Kong Limited takes no responsibility for       
    the contents of this announcement, makes 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.               
                                                                              
    This announcement, for which the directors of EPRO LIMITED                
    collectively and individually accept full responsibility, includes        
    particulars given in compliance with the Rules Governing the Listing      
    of Securities on the Growth Enterprise Market of The Stock Exchange       
    of Hong Kong Limited for the purpose of giving information with           
    regard to EPRO LIMITED. The directors of EPRO LIMITED, having made        
    all reasonable enquiries, confirm that, to the best of their              
    knowledge and belief: (1) the information contained in this               
    announcement is accurate and complete in all material respects and        
    not misleading; (2) there are no other matters the omission of which      
    would make any statement in this announcement misleading; and (3) all     
    opinions expressed in this announcement have been arrived at after        
    due and careful consideration and are founded on bases and                
    assumptions that are fair and reasonable.                                 
                                                                              
    EPRO LIMITED                                                              
    (Incorporated in the Cayman Islands with limited liability)               
    (Stock Code: 8086)                                                        
                                                                              
    ANNOUNCEMENT                                                              
    MAJOR TRANSACTION                                                         
                                                                              
    The Board wishes to announce that EPRO Systems, a wholly                  
    owned subsidiary of the Company, entered into the Provisional             
    Agreements with the Purchasers on 10 January, 2005 in respect of the      
    disposal of the Properties by EPRO Systems to the Purchasers.             
                                                                              
    As the aggregate amount involved under the Provisional Agreements         
    exceeds 25% of the relevant Percentage Ratios, the Provisional            
    Agreements constitute major transaction of the Company under Chapter      
    19 of the GEM Listing Rules. The transactions contemplated under the      
    Provisional Agreements are subject to shareholders' approval at the       
    EGM.                                                                      
                                                                              
    A circular containing, among other things, further details of the         
    Provisional Agreements, the valuation report in respect of the            
    Properties and a notice of the EGM for the purpose of approving,          
    inter alia, the disposal of the Properties and the transactions           
    contemplated thereunder will be dispatched by the Company to the          
    Shareholders in accordance with the GEM Listing Rules as soon as          
    practicable.                                                              
                                                                              
    Trading in the shares of the Company was suspended at the request of      
    the Company with effect from 2:30 p.m. on 10 January, 2005 pending        
    the release of this announcement. An application has been made by the     
    Company to the Stock Exchange for the resumption of trading in the        
    shares of the Company on the Growth Enterprise Market of the Stock        
    Exchange from 9:30 a.m. on 11 January, 2005.                              
                                                                              
    By Order of the Board                                                     
    Huang Shaokang                                                            
    Director                                                                  
                                                                              
    Hong Kong, 10 January, 2005                                               
    The above announcement is a summary only. For the full version of         
    this announcement, please refer to the `Latest Company Announcements'     
    page on the GEM website at www.hkgem.com.