09:13     A-MAX<00959> - Announcement (2)                                     

    Public Shareholders                                                       
      - Ms He  0  0  53,483,597  4.32                                         
      - Ms Su  0  0  56,157,777  4.54                                         
      - Mr Yiu  0  0  58,965,666  4.76                                        
      - Other public Shareholders  750,278,901  70.14  750,278,901  60.59     
                                                                              
                                                                              
    Total  1,069,671,948  100.00  1,238,278,988  100.00                       
                                                                              
                                                                              
    Immediately after the conversion of the CNs in the total principal        
    amount of HK$600,000 by Ms He, Ms Su and Mr Yiu, the Company will have    
    outstanding CNs in the aggregate principal amount of HK$7,200,000,        
    which are held as to HK$4,800,000, HK$800,000, HK$800,000 and             
    HK$800,000 by Dame Fortune Investments Limited (beneficially owned by     
    Ms Guo Qi Li), Ms He, Ms Su and Mr Yiu respectively.                      
                                                                              
    Save as the outstanding CNs disclosed above and the convertible note in   
    the principal amount of HK$153,600,000 convertible into 43,553,663        
    Shares (representing approximately 3.5% of the issued share capital of    
    the Company immediately after the conversion of the CNs as disclosed in   
    this announcement) at the conversion price of HK$3.527 per Share held     
    by Greek Mythology as disclosed in the announcement of the Company        
    dated 17 February 2005, the Company does not have any outstanding         
    securities convertible into Shares as at the date of this announcement.   
                                                                              
    By Order of the Board of                                                  
    A-Max Holdings Limited                                                    
    Ng Wai Fong                                                               
    Chairperson                                                               
                                                                              
    Hong Kong, 18 February 2005                                               
                                                                              
    As at the date of this announcement the executive directors of the        
    Company are Ng Wai Fong, Chan King Ming, Leung Kwai Hing, Kam Shuk        
    Ling, Lam Yiu Man and Ching Mei Yee and the independent non-executive     
    directors of the Company are Wong Chi Keung, Yuan Xiaoxin and Ng Wai      
    Hung.