09:30     LIFESTYLE INT'L<01212> - Announcement & Resumption (2)              

    Listing Rules.                                                            
                                                                              
    The following diagram illustrates the relationship between                
    the Company and HK Island:                                                
                                                                              
    CTF                                                                       
    100%    35.33%                                                            
    United Goal Resources Limited   Go Create Limited       NWD               
    Group                                                                     
    50%     50%     100%                                                      
    Real Reward     HK Island                                                 
    72.29%                                                                    
    Company                                                                   
    100%                                                                      
    Sogo HK                                                                   
                                                                              
    THE LEASE                                                                 
                                                                              
    Date: 24 February 2005                                                    
                                                                              
    Landlord: HK Island                                                       
                                                                              
    Tenant: Sogo HK                                                           
                                                                              
    Premises: Portion of Ground Floor, Portion of Podium 1 and                
    the entire Podium 2 of The Amazon, No. 12 Salisbury Road,                 
    Tsimshatsui, Kowloon, Hong Kong                                           
                                                                              
    Term: 15 years commencing from the Lease Commencement Date                
                                                                              
    Lease Commencement Date: 15 September 2005 or the date of                 
    Sogo HK's commencement of business at the Premises,                       
    whichever is earlier, or such other date as may be agreed                 
    between Sogo HK and HK Island                                             
                                                                              
    Rent-free Period: From the later of 15 April 2005 or the                  
    date of satisfaction of the condition precedent of the Lease              
    (or such other date as the parties may agree) to the Lease                
    Commencement Date (both dates inclusive).  During the                     
    rent-free period, Sogo HK shall pay the Air-conditioning                  
    Charges and Management Fees at 70% of the normal rate,                    
    Government rates and other moneys and outgoings as a result               
    of its occupation of the Premises                                         
                                                                              
    Licence Period for Portion of Podium 1: Subject to vacant                 
    possession of Portion of Podium 1 of the Premises being                   
    delivered by the existing users on or before 14 March 2005,               
    a licence period in respect of the whole of the Portion of                
    Podium 1 (excluding Shop P120 at Podium 1) from the later                 
    of 15 March 2005 or the date of satisfaction of the condition             
    precedent of the Lease (or such other date as the parties                 
    may agree) to the date immediately preceding the                          
    commencement of the rent-free period (inclusive) shall be                 
    granted to Sogo HK for its carrying out of fitting out works.             
    Sogo HK shall during the licence period pay (a) Government                
    rates on a pro-rata basis; (b) the Air-conditioning Charges               
    and Management Fees of HK$250,827 per month; and (c) other                
    outgoings                                                                 
                                                                              
    Option to Renew: Sogo HK has an option to renew the tenancy               
    for a further period of five years immediately after the                  
    expiry of the term at the rate of rent payable for the 11th               
    to the 15th year of the term set out below and on the same                
    terms and conditions of the Lease (but without a further                  
    option to renew)                                                          
                                                                              
    Rental: A turnover rent shall be payable by Sogo HK on a                  
    monthly basis in arrears at the rate of 6% for the 1st to                 
    the 10th years of the term and 7% for the 11th to the 15th                
    years of the term of all sales generated and/or received                  
    from the business carried on at the Premises                              
                                                                              
    Air-conditioning Charges and Management Fees: Sogo HK shall               
    pay on monthly basis air-conditioning charges and                         
    management fees at the rate of HK$862,305 per month.  Extra               
    air-conditioning charges for additional hours will be                     
    payable by Sogo HK monthly at the rate of HK$4,598.86 per                 
    hour.  The rates of Air-conditioning Charges and                          
    Management Fees and extra air-conditioning charges are                    
    subject to annual revision by HK Island or the manager of                 
    The Amazon on a fair and reasonable basis, such as rising                 
    reasonable maintenance and operating costs