09:41     MEDTECH GROUP<01031>-Announcement & Resumption of Trading(4)        

    permission to deal in, the Consideration Shares.                          
                                                                              
    If the above conditions shall not have been fulfilled                     
    or waived by 6 April 2005, subject as set out below                       
    (or such later date as the parties may agree), the                        
    Formal Sale and Purchase Agreement shall be null and                      
    void and of no effect and any and all deposits paid                       
    by Next Champion shall be dealt with as follows:-                         
                                                                              
    (i)     all such deposits shall be repaid to Next                         
    Champion if Completion does not take place as a result                    
    of non-fulfilment of any of the conditions (a) to (d);                    
    or non-fulfilment of conditions (e) or (f) by reason                      
    of material default on the part of the Vendors to                         
    provide to Next Champion information reasonably                           
    required for the preparation of circular for the                          
    general meeting of the shareholders of the Company;                       
    or                                                                        
                                                                              
    (ii)    in the circumstances that conditions (e) or (f)                   
    remain unfulfilled on 6 April 2005, provided that such                    
    non-fulfilment is not due to material default on the                      
    part of the Vendors to provide to Next Champion                           
    information reasonably required for the preparation                       
    of circular for the general meeting of the                                
    shareholders of the Company, the Vendors shall be                         
    entitled to retain all such deposits paid by Next                         
    Champion; or                                                              
                                                                              
    (iii)   in the circumstances that either conditions (e)                   
    or (f) remain unfulfilled on 6 June 2005, provided                        
    that such non-fulfilment is not due to material                           
    default on the part of the Vendors to provide to Next                     
    Champion information reasonably required for the                          
    preparation of circular for the general meeting of                        
    the shareholders of the Company and there is no                           
    Completion with a substitute purchaser (or Next                           
    Champion) (other than due to the default of the                           
    Vendors), the Vendors shall be entitled to retain all                     
    such deposits paid by Next Champion.                                      
                                                                              
    If Completion does not take place on 6 April 2005 by                      
    reason of Condition (e) or (f) not being fulfilled                        
    by whatever reason (including reasons relating to the                     
    Stock Exchange), Next Champion may defer Completion                       
    for a period of up to 6 May 2005.                                         
                                                                              
    If condition (e) or (f) is not fulfilled and                              
    Completion does not take place on or before 6 May 2005,                   
    Next Champion shall be entitled to complete the                           
    Acquisition or procure a third party  to substitute                       
    for Next Champion to complete the Acquisition on or                       
    before 6 June 2005 provided that in the event a third                     
    party proceeds with Completion, then instead of the                       
    Consideration Shares, such third party substitute                         
    shall pay the equivalent amount of HK$500 million in                      
    cash unless the Vendors otherwise agree.                                  
                                                                              
    As at the date of this announcement, the conditions                       
    to the Formal Sale and Purchase Agreement are yet to                      
    be fulfilled. Completion of the Acquisition, subject                      
    to Shareholders' approval at the SGM, is expected to                      
    take place on or before 6 April 2005.                                     
                                                                              
    As announced by the Company on 14 February 2005, the                      
    circular containing, amongst other things, further                        
    details of the Acquisition and other disclosures in                       
    connection with the Acquisition required pursuant to                      
    the Listing Rules in respect of very substantial                          
    acquisition, and together with notice of SGM for the                      
    purpose of approving, among other things, the                             
    Acquisition will be despatched