10:14 SINOCHEM HK<00297>-Announcement & Resumption of Trading(21) "Sinochem Distribution" the distribution and sales operation of the Fertiliser Business "Sinochem Fertiliser" Sinochem Fertiliser Company Limited, formerly known as Sinochem International Fertiliser Trading Corporation, a company incorporated in the PRC with limited liability and a wholly-owned subsidiary of Fertiliser Company "Sinochem Group" Sinochem Corporation and its subsidiaries "Sinochem HK" Sinochem Hong Kong (Group) Company Limited, a company incorporated in Hong Kong with limited liability which is wholly-owned by Sinochem Corporation "SINOCHEM Procurement" the sourcing operation of the Fertiliser Business "SINOCHEM Production" the production operation of the Fertiliser Business "Stock Exchange" The Stock Exchange of Hong Kong Limited "Takeovers Code" the Hong Kong Code on Takeovers and Mergers "Whitewash Waiver" a waiver in respect of the obligation of Sinochem HK to make a mandatory offer to the Shareholders in respect of issued shares of the Company not already owned or agreed to be acquired by Sinochem HK as a result of the issue of the Consideration Shares in accordance with Note 1 of the Notes on dispensations from Rule 26 of the Takeovers Code "%" per cent For the purpose of this announcement, unless otherwise indicated, the exchange rate of RMB1.06 = HK$1.00 has been used for currency translation, where applicable. Such exchange rate is for the purpose of illustration only and do not constitute a representation that any amounts in HK$ or RMB have been, could have been or may be converted at such or any other rates or at all. By order of the board Sinochem Hong Kong (Group) Company Limited Song Yu Qing Director By order of the board Sinochem Hong Kong Holdings Limited Navin Aggarwal Company Secretary Hong Kong, 28 January 2005 As at the date of this announcement, the executive Directors are Mr. Liu Deshu (Chairman), Mr. Song Yu Qing (Deputy Chairman and Chief Executive Officer), Mr. Chu Yu Lin, David, Mrs. Chu Ho Miu Ming and Ms. Chen Hao and the independent non-executive Directors are Mr. Ko Ming Tung, Edward, Mr. Tang Tin Sek and Dr. Li Ka Cheung, Eric. The directors of the Company jointly and severally accept full responsibility for the accuracy of the information contained in this announcement (other than that in relation to the Sinochem Group and the Fertiliser Group) and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement (other than those in relation to the Sinochem Group and the Fertiliser Group) have been arrived at after due and careful consideration and there are no other facts not contained in this announcement the omission of which would make any statement in this announcement (other than those in relation to the Sinochem Group and the Fertiliser Group) misleading. The directors of Sinochem HK jointly and severally accept full responsibility for the accuracy of the information contained in this announcement (other than that in relation to the Group) and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement (other than those in relation to the Group) have been arrived at after due and careful consideration and there are no other facts not contained in this announcement the omission of which would make any statement in this announcement (other than those in relation to the Group) misleading.