10:12     LIPPO<00226> & LIPPO CHINA RES<00156> - Joint Ann. (13)             

    terms as regards the payment method and credit periods                    
    for the relevant products) which may occur from time                      
    to time as follows:                                                       
                                                                              
    Ongoing Arrangements where members of the Auric Group                     
    are buyers:                                                               
                                                                              
    Parties                                                                   
    Nos.    Buyer   Seller  Description of Transactions                       
            Products                                                          
                                                                              
    1.      ACY     HSB     ACY buys from HSB and resells to                  
    customers       Cake cases-packaging for cake                             
                            and pastry items                                  
                                                                              
    2.      ACY     KPL     KPL sells to ACY        General foodstuff,        
    mainly                                                                    
                            baking ingredients                                
                                                                              
    Ongoing Arrangements where members of the Auric Group                     
    are sellers:                                                              
                                                                              
    Parties                                                                   
    Nos.    Buyer   Seller  Description of Transactions                       
            Products                                                          
                                                                              
    1.      CYBM    ACY     ACY sells a range of bakery ingredients           
    to CYBM,        Comprehensive range of                                    
                    a retailer in baking ingredients to housewife             
    and     baking ingredients including                                      
                    petty traders   cake mixes, sultanas, flavour             
                            and colours, dairy products,                      
                            yeast and baking powder                           
                                                                              
    2.      KPL     ACY     ACY sells to KPL        General foodstuff,        
    mainly                                                                    
                            baking ingredients                                
                                                                              
    3.      KPL     Chunex  Chunex sells to KPL as it uses the                
    latter as a     General foodstuff including                               
                    wholesaler for its ingredient business                    
            baking powder, dried fruits,                                      
                            cherries and dairy products                       
                                                                              
    4.      KPL     APM(S)  APM(S) sells to KPL as it uses the                
    latter as a     General foodstuff including                               
                    wholesaler for its ingredient business                    
            baking powder, dried fruits,                                      
                            cherries and dairy products                       
                                                                              
    The Auric Group anticipates that the transactions                         
    contemplated under the Ongoing Arrangements will                          
    continue after the Completion Date on terms similar                       
    to those trading arrangements carried out previously                      
    and on normal commercial practices.                                       
                                                                              
    Accordingly, a standard supply agreement has been                         
    entered into on 17th January, 2005 between each of                        
    the buying and selling parties set out above in                           
    relation to the Ongoing Arrangements for a fixed                          
    period of three years commencing on 1st December, 2003,                   
    unless terminated by the relevant parties written                         
    notice to the other of the relevant agreement with                        
    varying written notice periods as regards each                            
    relevant supply agreement. The relevant buyer may                         
    provide the relevant seller with forecasts for a fixed                    
    period as to its requirements for each of the products                    
    specified under the relevant supply agreement on its                      
    date of commencement and on each anniversary of such                      
    date for information purposes only, where required                        
    to do so by the relevant seller. The relevant parties                     
    may by agreement in writing vary the products and its                     
    specifications under the standard supply agreement.                       
    Orders for the products will be placed