09:26     PAK TAK INT'L<02668> - Announcement (4)                             

    substantial shareholders of the Company or any of its                     
    subsidiaries or their respective associates and are                       
    third parties independent of the Company and                              
    connected persons of the Company                                          
                                                                              
    "Shareholders"  holders of Share(s)                                       
                                                                              
    "Share(s)"      ordinary share(s) of HK$0.10 each in the                  
    share capital of the Company                                              
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong                   
    Limited                                                                   
                                                                              
    "subsidiary"    shall have the meaning as prescribed                      
    under the Companies Ordinance (Cap. 32) of the Laws                       
    of Hong Kong and "subsidiaries" shall be construed                        
    accordingly                                                               
                                                                              
    "US$"   United States dollars, the lawful currency of                     
    the United States of America from time to time                            
                                                                              
    By order of the Board                                                     
    Cheng Chi Tai                                                             
    Chairman                                                                  
                                                                              
    Hong Kong, 10 March 2005                                                  
                                                                              
    Unless otherwise specified, conversion of United                          
    States dollars into Hong Kong dollars is based on the                     
    exchange rate of US$1.00 = HK$7.80. The conversion                        
    is for the purpose of illustration only and does not                      
    constitute a representation that any amount in US$                        
    or HK$ have been, could have been or may be converted                     
    at the above rate or any other rates at all.