09:48     HENG TAI<00197> - Announcement (3)                                  

    by Hurdle, Super Smart and Pacific Link relating to the Capital           
    Contribution                                                              
                                                                              
    "2003 Agreement"        an agreement dated 5 March 2003 and entered into  
    by Hurdle, Super Smart and Pacific Link relating to the establishment of  
    a logistic centre in Zhongshan, the PRC                                   
                                                                              
    "2004 Agreement"        an agreement dated 18 March 2004 and entered      
    into by Hurdle, Super Smart and Pacific Link relating to the              
    establishment of a logistic centre in Zhongshan, the PRC pursuant to      
    which Hurdle subscribed a further 15% of the equity interest in Senox     
                                                                              
    "Board"        the board of Directors                                     
                                                                              
    "Capital Contribution"        the payment of HK$10,698,000 by Hurdle to   
    Senox as capital contribution to Senox pursuant to the Agreement          
                                                                              
    "Company"        Heng Tai Consumables Group Limited, a company            
    incorporated in the Cayman Islands with limited liability and the shares  
    of which are listed on the main board of the Stock Exchange               
                                                                              
    "Directors"        the directors of the Company                           
                                                                              
    "Group"        the Company and its subsidiaries                           
                                                                              
    "Hong Kong"        the Hong Kong Special Administrative Region of the     
    PRC                                                                       
                                                                              
    "Hurdle"        Hurdle Limited, a company incorporated in the British     
    Virgin Islands and a wholly-owned subsidiary of the Company               
                                                                              
    "HK$"        Hong Kong dollars, the lawful currency of Hong Kong          
                                                                              
    "Independent Third Party" or         third part(y)/(ies) independent of   
    the Company and connected                                                 
      "Independent Third Parties"        persons of the Company (as defined   
    in the Listing Rules)                                                     
                                                                              
    "Jin Tao"        Jin Tao (Zhongshan) Storage Co., Ltd. (*), a company     
    established in the PRC and is the owner of                                
    Zhongshan Logistic Centre                                                 
                                                                              
    "Listing Rules"        The Rules Governing the Listing of Securities on   
    the Stock Exchange                                                        
                                                                              
    "Pacific Link"        Pacific Link International Group Limited, a         
    company incorporated in the British Virgin Islands and is wholly-owned    
    by an Independent Third Party                                             
                                                                              
    "PRC"        the People's Republic of China                               
                                                                              
    "Senox"        Senox Co., Ltd., a company incorporated in the British     
    Virgin Islands, which is the beneficial owner of the entire issued share  
    capital of Sino Combo                                                     
                                                                              
    "Senox Shares"        shares of US$1 each in the share capital of Senox   
                                                                              
    "Sino Combo"        Sino Combo International Limited, a company           
    incorporated in Hong Kong which owns the entire equity interest in Jin    
    Tao                                                                       
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong Limited           
                                                                              
    "Subscription"        the subscription of certain Senox Shares by Hurdle  
    pursuant to the 2004 Agreement                                            
                                                                              
    "Super Smart"        Super Smart Resources Co., Ltd., a company           
    incorporated in the British Virgin Islands and is wholly-owned by an      
    Independent Third Party                                                   
                                                                              
    "Transaction"        collectively, the entering into the 2004 Agreement   
    and the Agreement by Hurdle, Super Smart and Pacific Link, the            
    Subscription and the Capital Contribution                                 
                                                                              
    "Zhongshan Logistic Centre"        a fresh produce logistic and           
    distribution centre established in Zhongshan of the PRC                   
                                                                              
    By order of the Board                                                     
    Heng Tai Consumables Group Limited                                        
    Lam Kwok Hing                                                             
    Chairman                                                                  
                                                                              
    Hong Kong, 4 February 2005