09:53     VARITRONIX INTL<00710> - Announcement & Resumption (4)              

    "Colville"      Colville Group Limited, beneficially                      
    owned by a family trust of Dr. Chang and his wife                         
                                                                              
    "Directors"     directors of the Company                                  
                                                                              
    "Disposal Shares"       35,000,000 Shares of which                        
    31,000,000 Shares were beneficially owned by Colville                     
    and 4,000,000 Shares were beneficially owned by Dr.                       
    Yan                                                                       
                                                                              
    "Dr. Chang"     Dr. Chang Chu Cheng, an executive Director                
    and the Chairman of the Company                                           
                                                                              
    "Dr. Yan"       Dr. Yan Sze Kwan, an executive Director                   
                                                                              
    "Group" the Company and its subsidiaries                                  
                                                                              
    "Investors"     investors who are independent of the                      
    Company and its connected persons (as defined under                       
    the Listing Rules)                                                        
                                                                              
    "Listing Rules" The Rules Governing the Listing of                        
    Securities on the Stock Exchange                                          
                                                                              
    "Mr. Chung"     Mr. Chung Shun Ming, an executive Director                
                                                                              
    "Mr. Ko"        Mr. Ko Chun Shun, Johnson, a person who is                
    independent of the Company and its connected persons                      
    (as defined under the Listing Rules)                                      
                                                                              
    "Mr. Kwok"      Mr. Kwok Siu Kwan, an executive Director                  
                                                                              
    "Rockstead"     Rockstead Technology Limited, a company                   
    incorporated in the British Virgin Islands and is                         
    wholly owned by Mr. Ko                                                    
                                                                              
    "Sale Shares"   16,900,000 Shares of which 12,800,000                     
    Shares were beneficially owned by Colville, 1,600,000                     
    Shares were beneficially owned by Dr. Yan, 1,500,000                      
    Shares were beneficially owned by Mr. Chung and                           
    1,000,000 Shares were owned by Mr. Kwok                                   
                                                                              
    "Shares"        shares of HK$0.25 each in the share capital               
    of the Company                                                            
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong                   
    Limited                                                                   
                                                                              
    By Order of the Board                                                     
    Ho Te Hwai, Cecil                                                         
    Company Secretary                                                         
                                                                              
    Hong Kong, dated 14 March 2005                                            
                                                                              
    As at the date of this announcement, the Board                            
    comprises eleven Directors, of whom Dr. Chang Chu                         
    Cheng, Dr. Yang Sze Kwan, Mr. Chung Sun Ming, Mr. Kwok                    
    Siu Kwan, Mr. Tsoi Tong Hoo, Tony and Mr. Ho Te Hwai,                     
    Cecil are executive Directors and Professor Charles                       
    Kao Kuen (who is not contactable at the date hereof),                     
    Mr. Anthony Lui Chi Shing and Dr. William Lo Wing Yan                     
    J.P., Mr. Yuen Kin and Mr. Hou Ziqiang are independent                    
    non-executive Directors.