09:53     E-LIFE INT'L<00370> - Announcement (7)                              

    "Company"        E-LIFE International Limited (*),                        
    a company incorporated in Bermuda with limited liability, the Shares of   
    which are listed on the Main Board of the Stock Exchange                  
                                                                              
    "Completion Date"        the fourteenth Business Day after the            
    conditions precedent in the Subscription Agreement have been fulfilled    
    or waived (or such other date as mutually agreed in writing between       
    Funeway, Mr. Yu-wen and Ms. Yu-wen)                                       
                                                                              
    "Directors"        the director(s) of the Company                         
                                                                              
    "Funeway"        Funeway Investments Limited (*), a                       
    company incorporated in the British Virgin Islands with limited           
    liability, which is wholly owned by the Company                           
                                                                              
    "Group"        the Company and its subsidiaries                           
                                                                              
    "Hong Kong"        the Hong Kong Special Administrative Region of the     
    PRC                                                                       
                                                                              
    "Listing Rules"        the Rules Governing the Listing of Securities on   
    the Stock Exchange                                                        
                                                                              
    "Mr. Yu-wen"        Yu Wen Jiang Ming, (*), an independent third          
    party and is not a connected person (as defined in the Listing Rules)     
                                                                              
    "Ms. Yu-wen"        Yu Wen Man Rui (*), an independent third              
    party and is not a connected person (as defined in the Listing Rules)     
                                                                              
    "PRC"        the People's Republic of China                               
                                                                              
    "PRC GAAP"        generally accepted accounting principles of the PRC     
                                                                              
    "SGM"        a special general meeting of the Company to be held to       
    consider the resolutions to be proposed to approve, among others, the     
    Subscription and the terms contemplated thereunder and the change of the  
    name of the Company                                                       
                                                                              
    "Shanxi Changxing"        Shanxi Changxing Yuci Coking Co., Ltd. (*), a   
    company established under the laws of the PRC, which is owned as to 70% by
    Mr. Yu-wen and 30% by Ms. Yu-wen                                          
                                                                              
    "Share(s)"        share(s) of HK$0.05 each in the share capital of the    
    Company                                                                   
                                                                              
    "Shareholders"        holders of the Shares                               
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong Limited           
                                                                              
    "Subscription"        the subscription contemplated under the             
    Subscription Agreement                                                    
                                                                              
    "Subscription Agreement"        the subscription agreement dated 3        
    February 2005 entered into between Funeway, Shanxi Changxing, Mr. Yu-wen  
    and Ms. Yu-wen in relation to the Subscription                            
                                                                              
    "HK$"        Hong Kong dollars, the lawful currency of Hong Kong          
                                                                              
    "RMB"        Renminbi, the lawful currency of the PRC                     
                                                                              
    "%"        per cent                                                       
                                                                              
    By Order of the Board of                                                  
    E-LIFE International Limited                                              
    Wang Jian Hua                                                             
    Chairman                                                                  
                                                                              
    Hong Kong, 3 February 2005                                                
                                                                              
    In this announcement, certain amounts quoted in RMB have been translated  
    into Hong Kong dollars at the reference rates of HK$1.00 to RMB1.06 for   
    information purpose only. Such translation should not be construed as a   
    representation that the relevant amounts have been, could have been, or   
    could be, converted at that or any other rate or at all.                  
                                                                              
    * For the Chinese name, please refer to the press announcement today.