10:36     KONG SUN HOLD<00295> - Announcement (4)                             

    Mr. Chan does not have any relationship with any other Directors,         
    senior management or substantial or controlling shareholder of            
    the Company. As at the date of this announcement, Mr. Chan does           
    not have any interest in shares of the Company within the meaning         
    of Part XV of the Securities and futures Ordinance.                       
                                                                              
    Mr. Chan has entered into a service agreement with the Company            
    for a term of two years but will be subject to retirement by              
    rotation and election at annual general meetings in accordance            
    with the articles of association of the Company. Mr. Chan is              
    entitled to a director fee of HK$20,000 per month. His director           
    fee is determined with reference to his experience and duties             
    as well as the prevailing market conditions.                              
                                                                              
    Save as disclosed in this announcement, the Board is not aware            
    of any other matters that it considers necessary to be brought            
    to the attention of the shareholders of the Company in relation           
    to the appointment of Mr. Chan.                                           
                                                                              
    The Board takes this opportunity to welcome Mr. Chan joining              
    it.                                                                       
                                                                              
    General                                                                   
                                                                              
    The Directors confirm that they have not dealt in the securities          
    of the Company since 30 March 2004 and they will not deal in              
    the securities of the Company until the Interim Results are               
    announced.                                                                
                                                                              
    Trading in the shares of the Company on the Stock Exchange was            
    suspended with effect from 9:30 a.m. on 17 June 2004 at the               
    request of the Company, and will continue to be suspended pending         
    the release of an announcement in respect of certain transactions         
    involving the Group and are discloseable under the current                
    Listing Rules and the Listing Rules in effect immediately prior           
    to 31 March 2004.                                                         
                                                                              
    Shareholders of the Company and the public are advised to                 
    exercise caution when dealing in the shares of the Company.               
                                                                              
    In this announcement, unless the context otherwise requires,              
    the following terms shall have the following meanings:                    
                                                                              
    "30 June Announcement"  the announcement of the Company dated             
    30 June 2004                                                              
                                                                              
    "Annual Report" the annual report of the Company for the                  
    financial year ended 31 December 2003                                     
                                                                              
    "Annual Results"        the consolidated annual results of the            
    Company for the financial year ended 31 December 2003                     
                                                                              
    "Company"       Kong Sun Holdings Limited, a limited company              
    incorporated under the Companies Ordinance whose shares are               
    listed on the Stock Exchange                                              
                                                                              
    "Interim Report"        the interim report of the Company for the six     
    months ended 30 June 2004                                                 
                                                                              
    "Interim Results"       the unaudited interim results of Company for      
    the six months ended 30 June 2004                                         
                                                                              
    The Board as at the date hereof comprises:                                
                                                                              
    Kong Lok King (Chairman and Managing Director)  Ku Suen Fai               
    (Independent non-executive Director)                                      
    Kong Li Jer (Executive Director)        Fai Cheong Hau (Independent       
    non-executive Director)                                                   
    Kong Li Szu (Executive Director)        Chan Shing Hoi Alfred             
    (Independent non-executive Director)