09:17 XIN CORP<01141> - Announcement & Resumption (5) (iv) the posting on the Posting Date of copies of the Prospectus Documents to the Qualifying Shareholders; and (v) the Listing Committee of the Stock Exchange agreeing to grant listings of, and permission to deal in, the Offer Shares either unconditionally or subject to such conditions which the Company accepts and the satisfaction of such conditions (if any) by no later than the Posting Date and not having withdrawn or revoked such listings and permission on or before 4:00 p.m. on the Settlement Date. If the conditions to the Underwriting Agreement are not fulfilled or waived on the dates as specified in the Underwriting Agreement (or such later date or dates as the Underwriter may agree with the Company in accordance with its terms), or if the Underwriting shall be terminated as described above, the obligations and liabilities of the parties shall cease and determine. Conditions (i) to (iv) above are capable of being waived. However, the Underwriter has stated that it does not intend to waive any of the above conditions. The Open Offer is subject to the Underwriting Agreement becoming unconditional and not being terminated in accordance with its terms. WARNING OF THE RISKS OF DEALING IN SHARES Existing Shares will be dealt with on an ex-entitlements basis from Friday, 28th January, 2005. If the Underwriter terminates the Underwriting Agreement, or the conditions of the Underwriting Agreement are not fulfilled or waived, the Open Offer will not proceed. Shareholders should note that the Shares will be dealt with on an ex-entitlements basis commencing from Friday, 28th January, 2005 and that dealings in such Shares will take place whilst the conditions to which the Underwriting Agreement is subject remain unfulfilled. Any Shareholder or other person dealing in such Shares up to the date on which all conditions to which the Open Offer is subject are fulfilled will accordingly bear the risk that the Open Offer cannot become unconditional and may not proceed. Any Shareholders or other persons contemplating selling or purchasing Shares who is in any doubt about his/her position is recommended to consult his/her own professional adviser. Expected timetable: 2005 Last day of dealings in Shares cum-entitlements to the Open Offer Thursday, 27th January Commencement of dealings in Shares ex-entitlements to the Open Offer Friday, 28th January Latest time for lodging transfers of Shares in order to be entitled to the Open Offer 4:00 p.m. on Monday, 31st January Book closure period Tuesday, 1st February to Friday, 4th February Record Date Friday, 4th February Prospectus for the Open Offer, Application Forms and Excess Application Forms to be posted Friday, 4th February Register of members to be reopened Monday, 7th February Latest time for application for Offer Shares and payment 4:00 p.m. on Friday, 18th February Open Offer becomes unconditional Wednesday, 23rd February Announcement of the results of the Open Offer to be published Thursday, 24th February Refund cheques for wholly and partially unsuccessful excess applications to be posted Thursday, 24th February Share certificates for Offer Shares to be posted Thursday, 24th February Dates of deadlines stated in this announcement for events in the timetable for (or otherwise in relation to) the Open Offer are indicative only and may be extended or varied by agreement between the Company and the Underwriter. Any changes to the anticipated timetable for the Open Offer will be announced as appropriate. SHAREHOLDING IN THE COMPANY The following is a summary of the shareholding of the Company before and after the completion of the Open Offer (assuming no change in shareholding since then):