10:46 DYNASTY FINE WINES GROOUP LIMITED<00828> - Announcement (10) Applicants who have applied on yellow Application Forms for 1,000,000 Hong Kong Public Offer Shares or more and have indicated on their Application Forms that they wish to collect their refund cheques (if any) from the Company's Hong Kong branch share registrar may collect their refund cheques (if any) in person, the same procedures as set out above for white and blue Application Forms will apply. Refund cheques (if any) in respect of applications made by applicants using yellow Application Forms for less than 1,000,000 Hong Kong Public Offer Shares or for 1,000,000 Hong Kong Public Offer Shares or more but have not indicated on their Application Forms that they wish to collect their refund cheques (if any) in person are expected to be despatched by ordinary post to those entitled at their own risk on Tuesday, 25 January 2005. Share certificates will only become valid certificates of title provided that the Share Offer has become unconditional and neither of the Underwriting Agreements has been terminated in accordance with its terms, which is no later than 8:00 a.m. on Wednesday, 26 January 2005. For applicants applying by giving electronic application instructions to HKSCC, refund monies for wholly or partially unsuccessful applications, including brokerage of 1%, SFC transaction levy of 0.005%, investor compensation levy of 0.002% and Stock Exchange trading fee 0.005% attributable to the surplus application monies, without interest, will be credited to the designated bank accounts of the relevant CCASS Participants on Tuesday, 25 January 2005. Applicants applying through designated CCASS Broker/Custodian Participants may check the refund amount through their brokers or custodians on Tuesday, 25 January 2005. Applicants applying as CCASS Investor Participants can check the amount of refund monies payable to them via the CCASS Phone System or the CCASS Internet System on Tuesday, 25 January 2005, or in the activity statements made available to them by HKSCC the day after the credit of refund monies to their designated bank accounts. DEPOSIT OF SHARE CERTIFICATES INTO CCASS For wholly or partially successful applicants using yellow Application Forms and applying by giving electronic application instructions through HKSCC who are allocated Hong Kong Public Offer Shares in the name of HKSCC Nominees, the allocated Hong Kong Public Offer Shares will be deposited directly into CCASS for credit to their CCASS Investor Participant stock accounts or their designated CCASS Participants' stock accounts maintained in CCASS at the close of business on Tuesday, 25 January 2005, or under contingent situations, on such other date as shall be determined by HKSCC or HKSCC Nominees. Applicants applying through their designated CCASS Participants (other than CCASS Investor Participants) can check the number of Hong Kong Public Offer Shares allocated to them with their respective designated CCASS Participants. For wholly or partially successful applicants applying by giving electronic application instructions through HKSCC or applying as CCASS Investor Participants using yellow Application Forms, such applicants should check this announcement and report any discrepancies to HKSCC before 5:00 p.m. on Tuesday, 25 January 2005 or such other date as shall be determined by HKSCC or HKSCC Nominees. Applicants (if they are CCASS Participants) applying by giving electronic application instructions to HKSCC may also check the results of their applications via the CCASS Terminal, CCASS Phone System and CCASS Internet System, where applicable. Applicants applying as CCASS Investor Participants can check the 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 Tuesday, 25 January 2005. HKSCC will also make available to such applicants an activity statement showing the number of Hong Kong Public Offer Shares credited to their CCASS Investor Participant stock accounts. The Company confirms that, after the completion of the Share Offer, the number of Shares in public hands will satisfy the minimum percentage prescribed by Rule 8.08 of the Listing Rules. ELIGIBLE SECURITIES FOR CCASS If the Stock Exchange grants the listing of, and permission to deal in, the Shares and the Company complies with the stock admission requirements of HKSCC, the Shares will be accepted as eligible securities for deposit, clearance and settlement in CCASS with effect from the date of the listing of the Shares on the Stock Exchange or any other date that HKSCC chooses. All activities under CCASS are subject to the General Rules of CCASS and CCASS Operational Procedures in effect from time to time. All necessary arrangements have been made for the Shares to be admitted into CCASS.