09:43     CHINA CREDIT<00185> - Announcement (2)                              

    Friendly Registrars Limited, the share registrar of                       
    the Company, was appointed as scrutineer for the                          
    purpose of the poll taken at the EGM. The results of                      
    the poll were as follows:                                                 
                                                                              
    Votes entitled                                                            
    to vote Votes present   Voting Result                                     
    No. of votes                                                              
    entitling       No. of votes                                              
    to vote attend to vote  No. of votes    No. of votes                      
    Ordinary Resolutions (abbreviated)      for/against                       
            for/against     for (%) against (%)                               
                                                                              
    The grant of the Mr. Chan Options to    833,918,561                       
            145,387,200     145,387,200     Nil                               
      Mr. Chan Heng Fai                     (100%)  (0%)                      
                                                                              
    The grant of the Ms. Chan Options to    833,918,561                       
            145,387,200     138,887,200     6,500,000                         
      Ms. Chan Yoke Keow                    (95.53%)        (4.47%)           
                                                                              
    Please refer to the notice of the EGM dated 13 January                    
    2005 for the full version of the above resolutions.                       
                                                                              
                                                                              
                                                                              
    By Order of the Board                                                     
    China Credit Holdings Limited                                             
    Chan Tong Wan                                                             
    Managing Director                                                         
                                                                              
    Hong Kong SAR, 28 January 2005                                            
                                                                              
    As at the date of this announcement, the Board                            
    comprises of the executive directors Mr. Chan Heng                        
    Fai, Mr. Chan Tong Wan, Ms. Chan Yoke Keow, Ms. Chan                      
    Sook Jin, Mary-ann and non-executive director Mr.                         
    Fong Kwok Jen as well as independent non-executive                        
    directors Mr. Lee Ka Leung, Daniel, Mr. Wong Dor Luk,                     
    Peter and Mr. Joao Paulo Da Roza.                                         
                                                                              
    * For the Chinese Name, please refer to the press announcement today.