09:22     WISDOM VENTURE<00554> - Announcement                                

    The Stock Exchange of Hong Kong Limited takes no responsibility for       
    the contents of this announcement, makes no representation as to its      
    accuracy or completeness and expressly disclaims any liability            
    whatsoever for any loss howsoever arising from or in reliance upon        
    the whole or any part of the contents of this announcement.               
                                                                              
    HANS ENERGY COMPANY LIMITED                                               
    (formerly known as Wisdom Venture Holdings Limited)                       
    (incorporated in the Cayman Islands with limited liability)               
    (Stock code: 554)                                                         
                                                                              
    CHANGE OF COMPANY NAME                                                    
                                                                              
    The Certificate of Incorporation on Change of Name of the Company         
    regarding the change of the name of the Company to ``Hans Energy          
    Company Limited '' was issued by the Registrar of Companies of the        
    Cayman Islands on 11 January 2005.                                        
                                                                              
    The stock short name of the Company will be changed from ``Wisdom         
    Venture '' to ``Hans Energy ''. Trading in shares of the Company on       
    The Stock Exchange of Hong Kong Limited under the new stock name of       
    the Company will take effect from 2 February 2005.                        
                                                                              
    Reference is made to the announcement of Hans Energy Company Limited      
    (formerly known as Wisdom Venture Holdings Limited) (the ``Company'')     
    dated 10 January 2005.                                                    
                                                                              
    The board of directors (the ``Directors'') of the Company is pleased      
    to announce that the Certificate of Incorporation on Change of Name       
    of the Company regarding the change of the name of the Company to         
    ``Hans Energy Company Limited '' was issued by the Registrar of           
    Companies of the Cayman Islands on 11 January 2005. The change of name    
    of the Company was effective from 10 January 2005.                        
                                                                              
    The stock short name of the Company will be changed from ``Wisdom         
    Venture '' to ``Hans Energy ''. Trading in shares of the Company on       
    The Stock Exchange of Hong Kong Limited under the new stock name of       
    the Company will take effect from 2 February 2005.                        
                                                                              
    The change of name of the Company will not affect any of the rights       
    of the existing shareholders of the Company. All existing share           
    certificates in issue bearing the former name of the Company will         
    continue to be evidence of title to the shares of the Company and will    
    be valid for trading, settlement and registration purposes. With          
    effect from the date of this announcement, any new share certificates     
    will be issued in the Company's new name. There will be no special        
    arrangement for free exchange of the existing share certificates of       
    the Company for new share certificates printed in the Company's new       
    name.                                                                     
                                                                              
    As at the date of this announcement, Mr. David An, Ms. Feng Ya Lei,       
    Mr. Zhou Nan Zheng and Ms. Kwan Po Wan are executive Directors, and       
    Mr. Li Wai Keung, Mr. Liu Jian and Mr. Liu Wei are independent            
    non-executive Directors.                                                  
                                                                              
    By Order of the Board                                                     
    Hans Energy Company Limited                                               
    David An                                                                  
    Chairman                                                                  
                                                                              
    Hong Kong, this 28th day of January 2005