09:23     GEELY AUTO<00175> - Announcement & Resumption of Trading (2)        

    By Order of the Board of                                                  
    Geely Automobile Holdings Limited                                         
    He Xuechu                                                                 
    Chairman                                                                  
                                                                              
    Hong Kong, 11 January 2005                                                
                                                                              
    The directors of the Company jointly and severally accept full            
    responsibility for the accuracy of the information contained in this      
    announcement (other than those relating to Proper Glory) and confirm,     
    having made all reasonable inquiries, that to the best of their           
    knowledge, opinions expressed in this announcement have been arrived at   
    after due and careful consideration and there are no other facts not      
    contained in this announcement, the omission of which would make any      
    statement in this announcement misleading.                                
                                                                              
    The directors of Proper Glory jointly and severally accept full           
    responsibility for the accuracy of the information contained in this      
    announcement and confirm, having made all reasonable inquiries, that to   
    the best of their knowledge, opinions expressed in this announcement      
    have been arrived at after due and careful consideration and there are    
    no other facts not contained in this announcement, the omission of which  
    would make any statement in this announcement misleading.