09:30     ASIA RESOURCES<00899> - Announcement (4)                            

    "Company"       Asia Resources Holdings Limited, a company                
    incorporated in Bermuda with limited liability and the shares             
    of which are listed on the Stock Exchange                                 
                                                                              
    "Group" the Company and its subsidiaries                                  
                                                                              
    "HK$"   Hong Kong dollars, the lawful currency of Hong Kong               
                                                                              
    "Listing Rules" the Rules Governing the Listing of Securities             
    on The Stock Exchange of Hong Kong Limited                                
                                                                              
    "PRC"   the People's Republic of China                                    
                                                                              
    "RMB"   Renminbi, the lawful currency of the PRC                          
                                                                              
    "Siping Yatai"  * (Siping Yatai Medicine                                  
    Industry Co., Ltd.), a wholly foreign owned enterprise                    
    established in the PRC                                                    
                                                                              
    "Silver Epoch"  Silver Epoch Investments Limited, a company               
    incorporated in the British Virgin Islands with limited                   
    liability                                                                 
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong Limited           
                                                                              
    "the Vendor"    Madam Wang Xiang                                          
                                                                              
    Unless otherwise specified, conversation of Renminbi into Hong            
    Kong dollar is based on the exchange rate of HK$1.00=RMB1.061.            
                                                                              
    On behalf of the Board                                                    
    Zhang Cheng                                                               
    Chairman                                                                  
                                                                              
    Hong Kong, 22 March 2005                                                  
                                                                              
    As at the date of this announcement, the executive directors              
    of the Company are Ms. Zhang Cheng, Mr. Lin Dong and Mr. Feng             
    Xiang Cai and the independent non-executive directors are Mr.             
    Qiu Yiyong, Ms. Jane Jin and Mr. Yin Dakui.                               
                                                                              
    * For the Chinese name, please refer to the press announcement today.