09:11     CHINA GAS HOLD<00384>-Announcement&Resumption of Trading(3)         

    The Group is principally engaged in investment in, and the operation and  
    management of, gas pipeline infrastructure and the sale and distribution  
    of piped natural gas and compressed natural gas in the PRC.               
                                                                              
    Hai Xia is a substantial shareholder (as defined in the SFO) of the       
    Company which, together with the parties acting in concert with it, hold  
    150,000,003 Shares, representing approximately 6.77% of the entire        
    issued share capital of the Company as at the date of the announcement.   
    Hai Xia is a wholly owned subsidiary of Strait Economic and Technologic   
    Cooperation Centre ("SETCC"), a unit of the Taiwan Affairs Office of the  
    State Council. SETCC is a business entity founded in 1994 that is         
    registered with the State Administration for Industry and commerce and    
    is under the direct leadership of the Taiwan Affairs Office of the State  
    Council.                                                                  
                                                                              
    Trading in Shares on the Stock Exchange was suspended at the request of   
    the Company from 9:30 a.m. on 8 March 2005 pending the release of this    
    announcement. Application has been made to the Stock Exchange for the     
    resumption of trading in Shares at 9:30 a.m. on 10 March 2005.            
                                                                              
    DEFINITIONS                                                               
                                                                              
    In this announcement, unless the context requires otherwise, the          
    following terms shall have the following meanings:                        
                                                                              
    "Agreement"        the sale and purchase agreement dated 8 March 2005     
    made between Mr. Liu and Hai Xia in respect of the sale and purchase of   
    Sale Shares;                                                              
                                                                              
    "Board"        the board of directors of the Company;                     
                                                                              
    "Business Day(s)"        any day on which the Stock Exchange is open for  
    the business of dealings in securities;                                   
                                                                              
    "Code"        the Hong Kong Code on Takeovers and Mergers;                
                                                                              
    "Company"        China Gas Holdings Limited, a company incorporated in    
    Bermuda with limited liability whose issued Shares are listed on the      
    Stock Exchange;                                                           
                                                                              
    "Completion"        completion of the sale and purchase of the Sale       
    Shares;                                                                   
                                                                              
    "First-tranche Sale Shares"        a total of 10,000,000 Shares to be     
    bought and sold pursuant to the Agreement;                                
                                                                              
    "Five-tranche Sale Shares"        a total of 60,000,000 Shares to be      
    bought and sold pursuant to the Agreement;                                
                                                                              
    "Four-tranche Sale Shares"        a total of 50,000,000 Shares to be      
    bought and sold pursuant to the Agreement;                                
                                                                              
    "Group"        the Company and its subsidiaries;                          
                                                                              
    "Hai Xia"        Hai Xia Finance Holdings Limited, a company              
    incorporated in the British Virgin Islands with limited liability;        
                                                                              
    "Hong Kong"        the Hong Kong Special Administrative Region of the     
    PRC;                                                                      
                                                                              
    "Listing Rules"        the Rules Governing the Listing of Securities on   
    the Stock Exchange;                                                       
                                                                              
    "Mr. Liu"        Mr. Liu Ming Hui, the managing director of the Company;  
                                                                              
    "PRC"        The People's Republic of China;                              
                                                                              
    "Sale Shares"        the First-tranche Sale Shares, the Second-tranche    
    Sale Shares, the Third-tranche Sale Shares, the Fourth-tranche Sale       
    Shares and, the Fifth-tranche Sale Shares, in total of 190,000,000        
    Shares;                                                                   
                                                                              
    "Second-tranche Sale Shares"        a total of 20,000,000 Shares to be    
    bought and sold pursuant to the Agreement;                                
                                                                              
    "SFC"        the Securities and Future Commission of Hong Kong;           
                                                                              
    "SFO"        Securities and Futures Ordinance (Chapter 571, Laws of Hong  
    Kong)                                                                     
                                                                              
    "Share(s)"        ordinary share(s) of HK$0.01 each in the share capital  
    of the Company;                                                           
                                                                              
    "Sinopec"        Sinopec Corp., a company incorporated in the PRC the     
    issued shares of which are listed on the Stock Exchange;