09:35     EGANAGOLDPFEIL<00048>-Announcement & Resumption of Trading-4        

                                                                              
    Shares of the Company from 9:30 a.m. on 8th March, 2005.                  
                                                                              
                                                                              
    Definitions                                                               
    `Company'                      EganaGoldpfeil (Holdings)                  
                                   Limited, the securities of                 
                                   which are listed on the Stock              
                                   Exchange                                   
    `Carrera'                      Carrera is a brand name and                
                                   the products under the                     
                                   Brandname `Carrera' launched               
                                   by the Company include                     
                                   watches, jewellery and                     
                                   leather                                    
                                   accessories                                
    `Comtesse'                     Comtesse is a brand name and               
                                   the products under the                     
                                   Brandname `Comtesse' launched              
                                   by the Company include                     
                                   leather bags and accessories               
                                   and lifestyle products.                    
    `Closing Date'                 Closing Date mean 31st March,              
                                   2005                                       
    `Directors'                    the directors of the Company               
    `Dr. Hefermehl'                Dr. Hendrik Hefermehl, the                 
                                   Insolvency Administrator of                
                                   SSHG and                                   
                                   SSG                                        
    `EnBW'                         EnBW Energie                               
                                   Baden-Wurttemberg AG, the                  
                                   holding company of Salamander              
                                   Marken and is the sole                     
                                   beneficial owner of the                    
                                   national and international                 
                                   Salamander Trademark                       
                                   Rights                                     
    `Exchange Rate'                EUR1.00 to HK$10.2637 was                  
                                   used to convert EURO into                  
                                   Hong Kong                                  
                                   Dollar                                     
    `Goldpfeil'                    Goldpfeil is a brand name and              
                                   the products under the                     
                                   Brandname `Goldpfeil'                      
                                   launched by the Company                    
                                   include leather bags and                   
                                   accessories, watches, optical              
                                   and lifestyle                              
                                   products                                   
    `Group'                        the Company, together with                 
                                   its subsidiaries                           
    `Ganymed'                      Ganymed 332.VV GmbH, a                     
                                   company incorporated in                    
                                   Germany and is a wholly-owned              
                                   subsidiary of the                          
                                   Company                                    
    `Goldpfeil GmbH'               Goldpfeil GmbH, a company                  
                                   duly incorporated in Germany               
                                   and is a wholly-owned                      
                                   subsidiary of the Company                  
    `JOOP!'                        JOOP! is a brand name and the              
                                   products under the Brandname               
                                   `JOOP!' launched by the                    
                                   Company include watches,                   
                                   jewellery, footwear and                    
                                   leather                                    
                                   accessories.                               
    `Lessors'                      The landlords or its nominees              
                                   for leasing of premises to                 
                                   SSHG for operating German                  
                                   Salamander Retail                          
                                   Shops                                      
    `Listing Rules'                Rules Governing the Listing                
                                   of Securities on the Stock                 
                                   Exchange effective on 31st                 
                                   March, 2004                                
    `Multi-Brand Boutiques' Club   A global network of retail                 
    Network                        shops / stores retailing a                 
                                   selective range of products                
                                   under the famous upscale                   
                                   Brandnames embodying                       
                                   `Goldpfeil', `Comtesse',                   
                                   `JOOP!' and `Sioux' as                     
                                   appropriate                                
    `Salamander Austria'           Salamander in Austria                      
                                   Ges.m.b.H, a company duly                  
                                   incorporated in the laws of                
                                   Federal Republic of Austria                
                                   with a file no.: FN125208f                 
                                   with commercial register at                
                                   the Vienna commercial court.               
                                   The total capital stock of                 
                                   Salamander Austria is                      
                                   EUR4,500,000. Salamander                   
                                   Austria is a wholly-owned