09:26     CHINA AEROSPACE<00031>&CASIL TELECOM<01185>-J.Ann&Resume(5)         

    CASIL (stock code: 31)                                                    
    Public Shareholders                                                       
    Astrotech                                                                 
    CASTEL (stock code: 1185)                                                 
                                                                              
    100%                                                                      
    100%                                                                      
    58.14%                                                                    
    41.86% (note 1)                                                           
    100%                                                                      
    55.83%                                                                    
    44.17%                                                                    
                                                                              
    After Group Reorganisation                                                
                                                                              
    CASC                                                                      
    Public Shareholders                                                       
    Jetcote Investments Limited                                               
    and its subsidiaries                                                      
    CALT                                                                      
    CASIL (stock code: 31)                                                    
    Public Shareholders                                                       
    Astrotech                                                                 
    CASTEL (stock code: 1185)                                                 
                                                                              
    100%                                                                      
    100%                                                                      
    58.14%                                                                    
    41.86% (note 1)                                                           
    100%                                                                      
    55.83%                                                                    
    44.17%                                                                    
                                                                              
    Note 1:  The total shareholding in CASIL of the above companies are       
    41.86%. Jetcote Investments Limited holds approximately 0.26% shares;     
    Burhill Company Limited holds approximately 18.38%; Sin King              
    Enterprises Company Limited holds approximately 18.36%; Jet Square        
    Developments International Limited holds approximately 2.88%; Star        
    River Assets Limited holds approximately 1.5% and Full Power              
    International Limited holds approximately 0.49%. Burhill Company          
    Limited, Sin King Enterprises Company Limited, Jet Square Developments    
    International Limited, Star River Assets Limited and Full Power           
    International Limited are subsidiaries of Jetcote Investments Limited.    
    Jetcote Investments Limited is a subsidiary of CASC.                      
                                                                              
    Information on CASIL, CASTEL, ASTROTECH, CALT and CASC                    
                                                                              
    The CASIL Group is principally engaged in the manufacturing of            
    electronic products including liquid crystal display, audio-video         
    products, plastic moulds, printed circuit boards, intelligent chargers    
    and security systems; and its various investment holdings including       
    CASTEL.                                                                   
                                                                              
    The CASTEL Group is principally engaged in the businesses of              
    intelligent transportation systems, broadband wireless access systems     
    and equipment, and manufacturing and sale of telecommunications           
    products.                                                                 
                                                                              
    Astrotech does not carry on any business or have any material assets      
    other than its investment in CASTEL.                                      
                                                                              
    The principal activities of CALT include research, design, development    
    and manufacture of launch vehicles and the provision of launch services.  
                                                                              
    The principal activities of CASC include the investment and operation     
    of state-owned assets; the research, manufacturing and sale of various    
    kinds of launch vehicles, satellites, satellite related system            
    products, satellite ground systems and equipments, radars, digital        
    control equipments, industrial automation control systems and             
    equipments, security equipments, chemical materials, construction         
    materials, metallic products, mechanical equipments, electronic and       
    telecommunication equipments, medical equipments, and automotive and      
    its parts; the development and technical consultation of aerospace        
    technology; and international satellite launching services and so on.     
                                                                              
    Based on the unaudited management accounts of Astrotech for the 6         
    months ended 30 June 2004, its loss before and after tax and minority     
    interests amounted to HK$4,290 and HK$4,290 respectively; and its net     
    liabilities as at 30 June 2004 amounted to HK$142,997,053. Based on the   
    audited accounts of Astrotech for the year ended 31 December 2003, its    
    loss before and after tax amounted to HK$35,490 and HK$35,490             
    respectively. Based on the audited accounts of Astrotech for the year     
    ended 31 December 2002, its loss before and after tax amounted to         
    HK$4,290 and HK$4,290 respectively.