09:13     GOLD PEAK<00040> - Announcement & Resumption of Trading (6)         

    associate of CIHL before the Transaction                                  
                                                                              
    "GP Industries" GP Industries Limited, a company                          
    incorporated in Singapore with limited liability, the                     
    shares of which are listed on the Singapore Stock                         
    Exchange and an approximately 87.1% owned subsidiary                      
    of the Company                                                            
                                                                              
    "Group" the Company and its subsidiaries                                  
                                                                              
    "Hong Kong"     Hong Kong Special Administrative Region                   
    of the People's Republic of China                                         
                                                                              
    "Hong Kong Stock Exchange"      The Stock Exchange of                     
    Hong Kong Limited                                                         
                                                                              
    "Independent Board Committee"   a board committee                         
    comprising independent non-executive Directors who                        
    are not interested in the Transaction                                     
                                                                              
    "Independent Shareholders"      shareholders of the                       
    Company other than the Purchasers                                         
                                                                              
    "Listing Rules" the Rules Governing the Listing of                        
    Securities on the Hong Kong Stock Exchange                                
                                                                              
    "Loan Agreement"        a loan agreement dated March 7, 2005              
    entered into between Tarway Two and the Purchasers                        
    in relation to the repayment of loan in the sum of                        
    A$45.6 million (or approximately HK$280.7 million)                        
    by the Purchasers to Tarway Two                                           
                                                                              
    "Purchasers"    Gerard Products Pty Ltd, Gerard                           
    Plastics Pty Ltd and Mr. Robert Geoffrey Gerard                           
                                                                              
    "Share(s)"      ordinary shares of HK$0.50 each of the                    
    Company                                                                   
                                                                              
    "Share Purchase Agreements"     three share purchase                      
    agreements all dated March 7, 2005 entered into                           
    between Tarway Two as vendor and each of the                              
    Purchasers as respective purchaser in relation to the                     
    Disposal                                                                  
                                                                              
    "Singapore"     the Republic of Singapore                                 
                                                                              
    "Singapore Stock Exchange"      The Singapore Exchange                    
    Securities Trading Limited                                                
                                                                              
    "Tarway Two"    Tarway Two Pty Ltd, a company                             
    incorporated in Australia and an indirect                                 
    wholly-owned subsidiary of CIHL                                           
                                                                              
    "Transaction"   collectively, the Disposal and the                        
    repayment of loan in the sum of A$45.6 million (or                        
    approximately HK$280.7 million) by the Purchasers to                      
    Tarway Two pursuant to the terms of the Loan Agreement                    
                                                                              
    "A$"    Australian dollars, the lawful currency of                        
    Australia                                                                 
                                                                              
    "HK$"   Hong Kong dollars, the lawful currency of Hong                    
    Kong                                                                      
                                                                              
    "%"     per cent.                                                         
                                                                              
    In this announcement, unless otherwise stated,                            
    certain amounts denominated in Australian dollars                         
    have been translated (for information only) into Hong                     
    Kong dollars at an exchange rate of A$1.00=HK$6.155.                      
    Such conversions shall not be construed as                                
    representations that amounts in Australian dollars                        
    could have been or could be converted into Hong Kong                      
    dollars (or vice versa)