09:27     CS CONSERVAT P<00351> - Announcement (6)                            

                                                                              
    "Completion"   completion of the Acquisition Agreements                   
                                                                              
    "connected person(s)"   has the same meanings ascribed to it under the    
    Listing Rules                                                             
                                                                              
    "Consideration"   HK$20,000,000, the total consideration payable by       
    Asset Palace to Beijing Yuk Chak pursuant to the Acquisition Agreements   
                                                                              
    "CSEG"   (China Sciences Enterprise Group (Holding) Corporation), a       
    company incorporated in the PRC and holding approximately 36.84% equity   
    interest in Beijing China Sciences                                        
                                                                              
    "Convertible Notes"   the subscription of HK$20,000,000 8.5% extendable   
    convertible notes due 2006 as detailed in the Company's announcement      
    dated 25 June 2004                                                        
                                                                              
    "Director(s)"   director(s) of the Company                                
                                                                              
    "Equity Interest"   approximately 32.89% equity interest in BCS General   
    Energy & Environment                                                      
                                                                              
    "Group"    the Company and its subsidiaries                               
                                                                              
    "Hong Kong"    the Hong Kong Special Administrative Region of China       
                                                                              
    "Listing Rules"    the Rules Governing the Listing of Securities on the   
    Stock Exchange                                                            
                                                                              
    "LOI"   a letter of intent entered into between Abba China and Beijing    
    Yuk Chak on 27 August 2004 in relation to the Acquisition                 
                                                                              
    "PRC"   the People's Republic of China                                    
                                                                              
    "Share(s)"    ordinary share(s) of HK$0.01 each in the capital of the     
    Company                                                                   
                                                                              
    "Shareholders"    shareholders of the Company                             
                                                                              
    "Stock Exchange"    The Stock Exchange of Hong Kong Limited               
                                                                              
    "HK$"    Hong Kong dollars                                                
                                                                              
    "RMB"    Renminbi, the lawful currency of China                           
                                                                              
    "%"   per cent.                                                           
                                                                              
    By the order of the Board of                                              
    CHINA SCIENCES CONSERVATIONAL POWER LIMITED                               
    Hon Ming Kong                                                             
    Chairman                                                                  
                                                                              
    Hong Kong, 4 March 2005                                                   
                                                                              
    As at the date of this announcement, the Board comprises:                 
                                                                              
    Executive directors:                                                      
    Mr. Hon Ming Kong (Chairman)                                              
    Ms. Wong King King (Vice-Chairman)                                        
    Mr. Chan Tat Chee                                                         
    Mr. Chow Ho Tung, Anthony                                                 
    Mr. Kwong Cheung Tim, Jimmy                                               
    Mr. Hon Yik Kwong                                                         
                                                                              
    Non-executive directors:                                                  
    His Royal Highness Prince Idris Abdallah Al-Senussi                       
    Mr. Alan Grant Quasha                                                     
                                                                              
    Independent non-executive directors:                                      
    Mr. Lee Yu Leung                                                          
    Mr. Cham Yiu Keung                                                        
    Mr. Chan Chi Yuen                                                         
    Mr. Cheng Kin Chow, Tony                                                  
                                                                              
    "*" for the chinese name, please refer to the press announcement today.