09:45     CITIC 21CN<00241> - Announcement & Resumption of Trading (3)        

    confirm that there is sufficient general mandate for                      
    the issue of the Shares upon full exercise of the                         
    subscription rights attaching to the Warrants.                            
                                                                              
    The number of Warrants which may be issued pursuant                       
    to the Rights Issue will be increased in proportion                       
    to any additional Shares which will be issued and                         
    allotted on or before the Record Date to holders of                       
    the Options pursuant to the exercise of their                             
    subscription rights attaching to the Options. As at                       
    the date of this announcement, there are 141,693,336                      
    units of outstanding Options which are convertible                        
    into Shares prior to the Record Date. If the                              
    subscription rights attaching to these Options are                        
    fully exercised on or before the Record Date, the                         
    number of issued Shares will be increased to                              
    3,435,519,332 Shares and the number of Warrants which                     
    may be issued pursuant to the Rights Issue will be                        
    increased to 572,586,554 Warrants. In such case, upon                     
    full exercise of the 572,586,554 Warrants would                           
    result in the issue of up to 572,586,554 Shares,                          
    representing approximately 17.38% of the existing                         
    issued share capital of the Company, approximately                        
    16.67% the Company's issued share capital as enlarged                     
    by the issue of Shares upon the full exercise of the                      
    subscription rights attaching to the Options and                          
    approximately 14.29% of the Company's issued share                        
    capital as enlarged by the issue of Shares upon the                       
    full exercise of the subscription rights attaching                        
    to the Options and the Warrants.                                          
                                                                              
    Other than the Options, the Company has no other                          
    outstanding options or convertible securities as at                       
    the date of this announcement.                                            
                                                                              
    Terms of the Warrants                                                     
    Exercise Price: HK$2.40 (subject to adjustment, the                       
    events leading to an adjustment include, inter alia,                      
    share consolidation, share subdivision,                                   
    capitalisation issue, capital distribution, rights                        
    issue, granting of options or warrants to                                 
    shareholders, issue of convertible notes and so on                        
    and in any event should be not lower than the nominal                     
    value of the Share)                                                       
                                                                              
    Exercise ratio: one new Share will be issued for each                     
    Warrant exercised                                                         
                                                                              
    Exercise period:        any time from the date of issue of                
    the fully-paid Warrants up to the date of maturity                        
    of the Warrants                                                           
                                                                              
    Maturity:       18 months from the date of issue                          
                                                                              
    Qualifying Shareholders                                                   
    The Company will send the Prospectus Documents to the                     
    Qualifying Shareholders only and the Prospectus, for                      
    information only, to the Excluded Shareholders.                           
                                                                              
    To qualify for the Rights Issue, a Shareholder must:                      
                                                                              
    1.      be registered as a member of the Company at the                   
    close of business on the Record Date; and                                 
                                                                              
    2.      have an address in Hong Kong or any other                         
    territories which appears on the register of members                      
    of the Company at the close of business on the Record                     
    Date (other than those Shareholders where the Board,                      
    based on the legal opinions provided by the legal                         
    advisers to the relevant jurisdictions, considers it                      
    necessary or expedient to exclude from the Rights                         
    Issue on account either of the legal restrictions                         
    under the laws of the place of his/her/its/their                          
    registered address(es) or the