10:35     JACKLEY HOLDING<00353> - Announcement & Resumption (2)              

    only to the Excluded Shareholders for information purpose) as             
    soon as possible.                                                         
                                                                              
    SUSPENSION AND RESUMPTION OF TRADING                                      
                                                                              
    At the request of the Company, trading in Shares on the Stock             
    Exchange has been suspended from 9:30 a.m. on Thursday, 17                
    February 2005 pending the release of this announcement.                   
    Application has been made by the Company to the Stock Exchange            
    for resumption of trading in Shares on the Stock Exchange with            
    effect from 9:30 a.m. on Tuesday, 22 February 2005.                       
                                                                              
    PROPOSED OPEN OFFER                                                       
                                                                              
    Issue statistics:                                                         
                                                                              
    Basis of the Open Offer :       One Offer Share for every two New         
    Shares held on the Record Date                                            
                                                                              
    Number of Offer Shares to be    :       69,500,000 New Shares (for        
    ease of reference, every ten Shares in issue                              
      offered for subscription              as at the date of this            
    announcement will be consolidated into one New                            
      upon the Capital              Share upon completion of the Capital      
    Reorganisation)                                                           
      Reorganisation having                                                   
      become effective                                                        
                                                                              
    Number of New Shares in issue   :       208,500,000 New Shares            
      upon completion of the Open Offer                                       
                                                                              
                                                                              
    Number of Offer Shares undertaken       :       25,586,250 Offer Shares,  
    being the full entitlement of Prime Orient                                
      to be taken up by Prime Orient                under the Open Offer      
                                                                              
    Number of Offer Shares undertaken       :       2,375,000 Offer Shares,   
    being his full entitlement under the Open Offer                           
      to be taken up by Mr. Choi                                              
                                                                              
    Number of Offer Shares underwritten     :       41,538,750 Offer          
    Shares                                                                    
      by the Underwriter                                                      
                                                                              
    As at the date of this announcement, the Company has no                   
    derivatives, options, warrants and conversion rights or other             
    similar rights which are convertible or exchangeable into Shares          
    or New Shares.                                                            
                                                                              
    Qualifying Holders:                                                       
                                                                              
    The Company will send (i) the Prospectus Documents to the                 
    Qualifying Holders; and (ii) the Prospectus, for information              
    only, to the Excluded Shareholders. To qualify for the Open Offer,        
    Shareholders must be registered as members of the Company on              
    the register of members of the Company on the Record Date and             
    not be Excluded Shareholders.                                             
                                                                              
    In order to be registered as members of the Company on the Record         
    Date, Shareholders must lodge any transfer of Shares (with the            
    relevant Share certificates) for registration with the Registrar          
    by 4:00 p.m. on Monday, 7 March 2005. The Registrar is:                   
                                                                              
    Tengis Limited                                                            
    Ground Floor, Bank of East Asia Harbour View Centre                       
    56 Gloucester Road, Wanchai, Hong Kong                                    
                                                                              
    The invitation to subscribe for the Offer Shares to be made to            
    the Qualifying Holders will not be transferable. There will not           
    be any trading in nil-paid entitlements