09:41     MEDTECH GROUP<01031>-Announcement & Resumption of Trading(5)        

    to the Shareholders by 10 March 2005.                                     
                                                                              
    EXTENSION OF THE LATEST DATE OF COMPLETION OF                             
    ACQUISITION OF GRANDVIEW HOTEL AND DESPATCH OF                            
    CIRCULAR                                                                  
                                                                              
    In view that the First SGM is scheduled to be convened                    
    on 10 March 2005, the latest date for completion of                       
    acquisition of Grandview Hotel has been extended from                     
    28 February 2005 to 31 March 2005.                                        
                                                                              
    The Directors are pleased to announce that the                            
    circular containing information, among other things,                      
    in relation to the acquisition of the Grandview Hotel,                    
    the agreement with Mrs. Chu, the agreement between                        
    Futuremind and SJM, the grant of Warrants to Sure                         
    Expert, and the change of the Company's name, as                          
    referred to in the Company's announcement dated 14                        
    December 2004, together with the notices of the First                     
    SGM held on 10 March 2005 and the Second SGM held on                      
    17 March 2005 for considering and, if thought fit,                        
    (i) approving at the First SGM, the acquisition of                        
    Grandview Hotel, the agreement with Mrs. Chu, the                         
    agreement Between Futuremind and SJM, and the grant                       
    of the Warrants to Sure Expert; and (ii) approving                        
    at the Second SGM, the change of the Company's name,                      
    respectively, has been despatched on 22 February                          
    2005.                                                                     
                                                                              
    SUSPENSION AND RESUMPTION OF TRADING IN THE SHARES                        
                                                                              
    Trading in the Shares on the Stock Exchange was                           
    suspended with effect from 9:41 a.m. on 21 February                       
    2005 at the request of the Company pending the issue                      
    and publication of this announcement. An application                      
    has been made to the Stock Exchange for the resumption                    
    of trading in the Shares with effect from 9:30 a.m.                       
    on 23 February 2005.                                                      
                                                                              
    By order of the board of                                                  
    Medtech Group Company Limited                                             
    Cheung Yu Shum, Jenkin                                                    
    Chairman                                                                  
                                                                              
    22 February 2005, Hong Kong                                               
                                                                              
    As at the date of this announcement, the executive                        
    Directors are Mr. Cheung Yu Shum, Jenkin, Mr. Chu Yuk                     
    Kuen, Mr. Wong Kui Tak and Mr. Ng Tak Chak, Nelson,                       
    and the independent non-executive Directors are Mr.                       
    Shum Ka Hei, Mr. Chan Chi Yuen and Mr. Wong King Shiu,                    
    Daniel.                                                                   
                                                                              
    *  For identification purposes only