10:29 ICBC (ASIA)<00349> - Announcement (2) the Licence Agreement had been renewed by the Company and is due to expire on 30 April 2006, and that the Company expects that the maximum aggregate annual value for the transactions contemplated under the Licence Agreement for each of the three financial years ending 31 December 2005, 2006 and 2007 will be as follows: 2005 2006 2007 Expected total HK$2,500,000 HK$2,700,000 HK$2,900,000 amount under the Licence Agreement Given that the Licence Agreement is currently due to expire on 30 April 2006, the Directors would like to clarify that the Company expects the maximum aggregate value for the transactions contemplated under the Licence Agreement as described in the 31 December Announcement to be as follows: For the financial For the four months year ending 31 period ending 30 December 2005 April 2006 Expected total HK$2,500,000 HK$900,000 amount under the Licence Agreement Save for the above supplemental information in relation to the 31 December Announcement, the contents of the 31 December Announcement remain unchanged. Definitions In this announcement, the following capitalised terms shall have the following meanings: `Agreements' the Collaboration Agreement, the Service Levels Agreement and the Outsourcing Agreement, and each of them shall be construed accordingly; `Supplemental Agreements' the Supplemental Collaboration Agreement, the Supplemental Service Levels Agreement and the Supplemental Outsourcing Agreement, and each of them shall be construed accordingly; `Supplemental Collaboration the supplemental Agreement' collaboration agreement dated 4 February 2005 entered into between ICBC (acting through ICBC HK Branch) and the Company in relation to the Collaboration Agreement; `Supplemental Outsourcing the supplemental outsourcing Agreement' agreement dated 4 February 2005 entered into between ICBC HK Branch and the Company in relation to the Outsourcing Agreement; `Supplemental Service Levels the supplemental service Agreement' levels agreement dated 4 February 2005 entered into between ICBC and the Company in relation to the Service Levels Agreement; and `31 December Announcement' the Company's announcement dated 31 December 2004 in relation to, amongst other things, the Agreements. By Order of the Board Lai Wing Nga Company Secretary Hong Kong, 4 February 2005 As at the date of this announcement, the Board of Directors comprises Mr. Zhu Qi and Mr. Wong Yuen Fai as executive directors, Dr. Jiang Jianqing, Ms. Wang Lili, Mr. Chen Aiping and Mr. Damis Jacobus Ziengs as non-executive directors and Professor Wong Yue Chim, Richard, SBS, JP, Mr. Tsui Yiu Wa, Alec and Mr. Yuen Kam Ho, George as independent non-executive directors.