09:36     STANCHART<02888> - Announcement & Resumption of Trading (8)         

    MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2001, AS AMENDED             
    (THE ORDER) OR ARE PERSONS WHO FALL WITHIN ARTICLE 49(2)(a) TO            
    (d) ("HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS,              
    ETC") OF THE ORDER OR WHO ARE "PROFESSIONAL INVESTORS" AS DEFINED         
    IN THE SECURITIES AND FUTURES ORDINANCE (CAP. 571) OF HONG KONG           
    AND ANY RULES MADE UNDER THAT ORDINANCE OR TO WHOM THEY MAY               
    OTHERWISE LAWFULLY BE COMMUNICATED (ALL SUCH PERSONS TOGETHER             
    BEING REFERRED TO AS RELEVANT PERSONS). THIS APPENDIX AND THE             
    TERMS AND CONDITIONS SET OUT HEREIN MUST NOT BE ACTED ON OR RELIED        
    ON BY PERSONS WHO ARE NOT RELEVANT PERSONS. ANY INVESTMENT OR             
    INVESTMENT ACTIVITY TO WHICH THIS APPENDIX AND THE TERMS AND              
    CONDITIONS SET OUT HEREIN RELATES IS AVAILABLE ONLY TO RELEVANT           
    PERSONS AND WILL BE ENGAGED IN ONLY WITH RELEVANT PERSONS. THIS           
    APPENDIX DOES NOT ITSELF CONSTITUTE AN OFFER FOR SALE OR                  
    SUBSCRIPTION OF ANY SECURITIES IN THE COMPANY.                            
                                                                              
    Relevant Persons choosing to participate in the Placing                   
    ("Placees") will be deemed to have read and understood this               
    Appendix in its entirety and to be making any such offer to               
    participate on the terms and conditions, and to be providing              
    the representations, warranties, acknowledgements and                     
    undertakings, contained in this Appendix. In particular each              
    such Placee represents, warrants and acknowledges that it:                
                                                                              
    1.      is a person whose ordinary activities involve it in acquiring,    
    holding, managing or disposing of investments (as principal or            
    agent) for the purpose of its business and undertakes that it             
    will acquire, hold, manage or dispose of any Placing Shares that          
    are allocated to it for the purposes of its business; and                 
                                                                              
    2.      is outside the United States and is purchasing the Placing        
    Shares for its own account or is purchasing the Placing Shares            
    for an account with respect to which it exercises sole investment         
    discretion and that it (and any such account) is outside the              
    United States or it is a dealer or other professional fiduciary           
    in the United States acting on a discretionary basis for non-US           
    beneficial owners (other than an estate or trust), in reliance            
    upon Regulation S under the Securities Act; or if it is not               
    outside the United States is a qualified institutional buyer              
    ("QIB") as defined in Rule 144A under the Securities Act and              
    has executed an investment letter in the form provided to it              
    and has delivered the same to the Managers.                               
                                                                              
    This announcement and Appendix do not constitute an offer to              
    sell or issue or the solicitation of an offer to buy or subscribe         
    for Placing Shares in any jurisdiction including, without                 
    limitation, the United Kingdom, the United States, Canada,                
    Australia, Hong Kong or Japan. This announcement and the                  
    information contained herein is not for publication or                    
    distribution, directly or indirectly, to persons in the United            
    States, Canada, Australia, Japan or in any jurisdiction in which          
    such publication or distribution is unlawful. The Placing Shares          
    referred to in this announcement have not been and will not be            
    registered under the Securities Act and may not be offered, sold          
    or transferred within the United States except pursuant to an             
    exemption from, or in a transaction not subject to, the                   
    registration requirements of the Securities Act. Any offering             
    to be made in the United States will be made to a limited number          
    of QIBs pursuant to Rule 144A or under another exemption from             
    registration under the Securities Act in a transaction not                
    involving any public offering. The Placing Shares are being               
    offered and sold outside the United States in accordance with             
    Regulation S under the Securities Act.                                    
                                                                              
    The distribution of this announcement and the Placing and/or              
    issue of the Placing Shares in certain