09:21     GOLDEN HARVEST<01132>-Announcement & Resumption of Trading-4        

    "Hong Kong"   the Hong Kong Special Administrative Region of              
    the People's Republic of China                                            
                                                                              
    "HK$"   Hong Kong dollars, the lawful currency of Hong Kong               
                                                                              
    "Listing Rules"   the Rules Governing the Listing of                      
    Securities on the Stock Exchange                                          
                                                                              
    "New Shares"   the new Shares to be subscribed by the                     
    Subscriber under the Subscription Agreement                               
                                                                              
    "PRC"   the People's Republic of China                                    
                                                                              
    "Shares"   ordinary shares of nominal value of HK$0.10 each in            
    the capital of the Company                                                
                                                                              
    "Stock Exchange"   The Stock Exchange of Hong Kong Limited                
                                                                              
    "Subscriber"   Asset Managers (China) Fund Co., Ltd                       
                                                                              
    "Subscription"   the subscription for the New Shares by the               
    Subscriber pursuant to the Subscription Agreement                         
                                                                              
    "Subscription Agreement"   the subscription agreement entered             
    into on 17 February, 2005 between the Company and the                     
    Subscriber in relation to the Subscription                                
                                                                              
    "Subscription Price"   HK$0.25 per Share                                  
                                                                              
    List of all Directors of the Company as of the date of this               
    announcement:                                                             
                                                                              
    Executive Directors:                                                      
    Mr. Chow Ting Hsing, Raymond                                              
    Mr. Phoon Chiong Kit                                                      
    Mr. Chan Sik Hong, David                                                  
    Mrs. Chin Chow Chung Hang, Roberta                                        
    Mr. Lau Pak Keung (alternate director to Mr. Phoon Chiong Kit)            
                                                                              
    Non-executive Director:                                                   
    Mr. Kronfeld, Eric Norman                                                 
                                                                              
    Independent non-executive Directors:                                      
    Mr. Lin, Frank                                                            
    Prince Yukol, Chatrichalerm                                               
    Mr. Ma Kah Woh, Paul                                                      
                                                                              
    On behalf of the Board                                                    
    Chow Ting Hsing, Raymond                                                  
    Chairman                                                                  
                                                                              
    Hong Kong, 18 February 2005