09:47 3CEMS CORPORATION<00453> - Announcement (5) Stock Exchange trading fee payable) or less. The Public Offer Shares in pool B consist of 5,814,000 Shares and will be allocated on an equitable basis to applicants who have applied for the Public Offer Shares with an aggregate price of more than HK$5 million (excluding brokerage, SFC transaction levy, investor compensation levy imposed by the SFC and Stock Exchange trading fee payable) and up to the total value of pool B. Investors should be aware that applications in pool A and applications in pool B may receive different allocation ratios. If the Public Offer Shares in one (but not both) of the pools are under-subscribed, the surplus of Public Offer Shares will be transferred to the other pool to satisfy demand in this other pool and be allocated accordingly. For the purpose of this paragraph only, the "price" for the Public Offer Shares means the price payable on application therefor (without regard to the Offer Price as finally determined). Applicants can only apply to receive an allocation of the Public Offer Shares from either pool A or pool B but not from both pools. No application will be accepted from investors applying for more than the total number of Public Offer Shares originally allocated to each pool. It is expected that the level of indication of interest in the International Placing, the Offer Price, the results of applications and the basis of allocation of the Public Offer Shares and the identification number of each successful applicant under the Public Offer will be published on or before Wednesday, 26 January, 2005 in the South China Morning Post (in English) and the Hong Kong Economic Journal (in Chinese). If you are applying using a YELLOW application Form or by giving Electronic Application Instructions to HKSCC and your application is wholly or partially successful, your Share certificate will be issued in the name of HKSCC Nominees Limited and deposited into CCASS for credit to your CCASS Investor Participant stock account or the stock account of any designated CCASS Participant giving Electronic Application Instructions on your behalf or as instructed by you in your YELLOW Application Form at the close of business on Wednesday, 26 January, 2005 or under contingent situations, on any other date as shall be determined by HKSCC or HKSCC Nominees Limited. If you are applying through a designated CCASS Participant (other than a CCASS Investor Participant), you can check the number of the Public Offer Shares allocated to you with that CCASS Participant. If you are applying as a CCASS Investor Participant, you should check the announcement published by the Company and report any discrepancies to HKSCC before 5:00 p.m. on Wednesday, 26 January, 2005 or such other date as shall be determined by HKSCC or HKSCC Nominees Limited. Such applicants can also check their new account balance via the CCASS Phone System and CCASS Internet System (under the procedures contained in HKSCC's "An Operating Guide for Investor Participants" in effect from time to time) on Wednesday, 26 January, 2005 (if they apply by giving Electronic Application Instructions to HKSCC) or immediately after the credit of the Public Offer Shares to their stock account (if they apply using the Yellow Application Form). HKSCC will also make available to you an activity statement showing the number of the Public Offer Shares credited to your CCASS Investor Participant stock account. As at the date of this announcement, the Board comprises four executive Directors, CHIEN, Ming-jeh, CHIEN WONG, Hsueh-ling, Charlene, FAN, Cheng-lien, Steve and YIP, Chi Sum, one non-executive Director, CHENG, Wen-feng, Joseph and three independent non-executive Directors, WU, Tong-shung, CHANG, Chi-hsun and HONG, Hsin Shyng. By order of the Board Chien Ming-jeh Chairman Hong Kong, 18 January, 2005 * For identification purpose only