09:46     XINYI GLASS HOLDINGS LIMITED<00868> - Announcement (6)              

    Hong Kong Public Offer Shares initially made available) will be           
    liable to be rejected.                                                    
                                                                              
    Your application money, or an appropriate portion thereof, together       
    with the related brokerage fee, the Stock Exchange trading fee and        
    the transaction levy and the investor compensation levy imposed by        
    SFC, will also be refunded WITHOUT INTEREST, if your application is       
    rejected, not accepted or only accepted in part; the Offer Price as       
    finally determined is less than the indicative maximum Offer Price;       
    any application is revoked or any allocation pursuant thereto has         
    become void; or any of the reasons set forth under `Circumstances in      
    which an applicant will not be allotted the Hong Kong Public Offer        
    Shares' in the relevant Application Forms.                                
                                                                              
    The Company expects to announce the Offer Price, indication of the        
    level of interests in the International Placing, results of               
    applications under the Hong Kong Public Offer and the basis of            
    allotment of the Hong Kong Public Offer Shares (with successful           
    applicants' identification numbers) on 2 February 2005 in The             
    Standard (in English) and the Hong Kong Economic Times (in Chinese).      
                                                                              
                                                                              
    As at the date of this announcement, the executive Directors are Mr.      
    LEE Yin Yee, Mr. TUNG Ching Bor, Mr. TUNG Ching Sai, Mr. LEE Shing        
    Put, Mr. LEE Yau Ching, Mr. LI Man Yin, Mr. NG Ngan Ho and Mr. LI         
    Ching Leung, the non-executive Directors are Mr. LI Ching Wai and Mr.     
    SZE Nang Sze and the independent non-executive Directors are Mr. LAM      
    Kwong Siu, Mr. WONG Chat Chor Samuel and Mr. WONG Kong Hon.               
                                                                              
                                                                              
    By order of the Board                                                     
    LEE Yin Yee                                                               
    Chairman                                                                  
                                                                              
    Hong Kong, 24 January 2005