09:18     XIN CORP<01141> - Announcement & Resumption (8)                     

    "Shareholder(s)"   holder(s) of Shares                                    
                                                                              
    "Shares"   shares of HK$0.01 each in the capital of the Company           
                                                                              
    "Stock Exchange"   The Stock Exchange of Hong Kong Limited                
                                                                              
    "Subscription Price"   the subscription price of HK$0.04 per              
    Offer Share pursuant to the Open Offer                                    
                                                                              
    "Underwriter"   Kingston Securities Limited, a licensed                   
    corporation to carry on business in types 1, 4, 6, 7 and 9 regulated      
    activities (dealing in securities, advising on securities and             
    corporate finance, providing automated trading services and asset         
    management) under the Securities and Futures Ordinance (Chapter           
    571 of the Laws of Hong Kong)                                             
                                                                              
    "Underwriting Agreement"   the underwriting agreement dated 13th          
    January, 2005 entered into between the Underwriter and the Company        
    in relation to the underwriting of the Open Offer                         
                                                                              
    "Vision Century"   Vision Century Group Limited, a company                
    incorporated in the British Virgin Islands, the controlling               
    shareholder of the Company                                                
                                                                              
    On behalf of the Board                                                    
    Lo Ming Chi, Charles                                                      
    Chairman                                                                  
                                                                              
    Hong Kong, 14th January, 2005                                             
                                                                              
    As at the date of this announcement, the Board comprises Mr. Lo           
    Ming Chi, Charles (Chairman), Mr. Yu Wai Man, Mr. Wilson Ng, Mr.          
    Ng Wee Keat, Mr. Ng Teow Leng and Mr. Ng Eng Leng as executive            
    directors and Mr. Wong Kwok Tai, Mr. Lau Pok Lam and Mr. Ko Kwong         
    Woon, Ivan as independent non-executive directors.                        
                                                                              
    * For identification only