09:01 HC INTL<08292> - Unusual volume movement This announcement is made at the request of The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The Stock Exchange takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. HC INTERNATIONAL, INC. (incorporated in the Cayman Islands with limited liability) (Stock Code: 8292) ANNOUNCEMENT We have noted the recent increase in the trading volume of the shares of HC International, Inc. (the "Company") today and wish to state that we are not aware of any reasons for such increase. We also confirm that there are no negotiations or agreements relating to intended acquisitions or realisations which are discloseable under Chapters 19 and 20 of the Rules Governing the Listing of Securities on the Growth Enterprise Market of the Stock Exchange (the "GEM Listing Rules"), neither is the board of directors of the Company (the "Board") aware of any matter discloseable under the general obligation imposed by Rule 17.10 of the GEM Listing Rules, which is or may be of price-sensitive nature. Made by the order of the Board, the directors of which collectively and individually accept responsibility for the accuracy of this announcement. By Order of the Board HC International, Inc. Guo Fansheng Executive Director and Chief Executive Officer The Board comprises: Mr. Guo Fansheng (Executive Director and Chief Executive Officer) Ms. Wu Ying (Executive Director) Ms. Lai Sau Kam, Connie (Executive Director) Mr. Hugo Shong (Non-executive Director) Mr. Yang Fei (Non-executive Director) Mr. Zhang Ke (Independent non-executive Director) Mr. Xiang Bing (Independent non-executive Director) Mr. Guo Wei (Independent non-executive Director) Beijing, 30 March 2005 This announcement, for which the directors of the Company (the "Directors") collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquires, confirm that, to the best of their knowledge and belief: (i) the information contained in this announcement is accurate and complete in all material respects and not misleading; (ii) there are no other matters the omission of which would make any statement in this announcement misleading; and (iii) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable. This announcement will remain on the page of "Latest Company Announcements" on the GEM website for at least 7 days from the date of its posting.