13:04     LENOVO GROUP<00992> - Ann. & Resumption of Trading (12)             

    "IBM Acquisition"  the Group's acquisition of IBM's global desktop        
    computer and notebook computer business, details of which are contained   
    in the IBM Circular                                                       
                                                                              
    "IBM Circular"  the circular of the Company in relation to the IBM        
    Acquisition dated 31 December 2004                                        
                                                                              
    "Investment Agreement"  the agreement entered into between the Company    
    and the Investors dated 30 March 2005 in relation to the issue of the     
    Convertible Preferred Shares and the Warrants                             
                                                                              
    "Investor Group"  General Atlantic Group, Newbridge Capital Group or      
    TPG Group (as the case may be)                                            
                                                                              
    "Investors"  TPG IV Acquisition Company LLC, General Atlantic Partners    
    (Bermuda), L.P., GAPSTAR, LLC, GAP Coinvestments III, LLC, GAP            
    Coinvestments IV, LLC, GAPCO GmbH & Co. KG and Newbridge Asia             
    Acquisition Company LLC; and the term "Investor" shall mean any one of    
    them                                                                      
                                                                              
    "Listing Rules"  the Rules Governing the Listing of Securities on the     
    Stock Exchange                                                            
                                                                              
    "Major Shareholder"  Legend Holdings Limited, the controlling             
    shareholder of the Company holding approximately 57% of all the Shares    
    in issue as at the date hereof                                            
                                                                              
    "Maturity Date"  the seventh anniversary of the Closing Date              
                                                                              
    "Newbridge Capital Group"  collectively Newbridge Asia Acquisition        
    Company LLC and affiliates that are under common control with such        
    entity                                                                    
                                                                              
    "Shares"  ordinary shares of nominal value of HK$0.025 each in the        
    share capital of the Company                                              
                                                                              
    "Shareholders"  holders of the Shares                                     
                                                                              
    "Stated Value"  HK$1,000 per Convertible Preferred Share                  
                                                                              
    "Stock Exchange"  The Stock Exchange of Hong Kong Limited                 
                                                                              
    "TPG"  collectively TPG IV Acquisition Company LLC and affiliates that    
    are under common control with such entity                                 
                                                                              
    "US$"  United States Dollars, the lawful currency of the United States    
    of America                                                                
                                                                              
    "Voting Undertaking"  the voting undertaking entered into by the Major    
    Shareholder in favour of the Investors on 30 March 2005                   
                                                                              
    "Warrantholders"  holders of the Warrants                                 
                                                                              
    "Warrants"  237,417,474 unlisted warrants to be issued by the Company     
    entitling the Warrantholders to subscribe for the same number of new      
    Warrant Shares at the Exercise Price at any time from the Closing Date    
    up to the Expiry Date (both dates inclusive)                              
                                                                              
    "Warrant Shares"  new Shares to be issued upon the exercise of the        
    subscription rights attaching to the Warrants                             
                                                                              
    This announcement contains translation between HK$ and US$ at HK$7.80 =   
    US$1.00. The translation shall not be taken as representation that the    
    HK$ amount could actually be converted into US$ at that rate, or at all.  
                                                                              
    As of the date of this announcement, the Executive Directors are Mr.      
    Liu Chuanzhi, Mr. Yang Yuanqing, Ms. Ma Xuezheng, Non-executive           
    Director is Mr. Zeng Maochao, and Independent Non-executive Directors     
    are Mr. Wong Wai Ming, Professor Woo Chia-Wei, and Mr. Ting Lee Sen.      
                                                                              
    By Order of the Board                                                     
    Liu Chuanzhi                                                              
    Chairman                                                                  
                                                                              
    Hong Kong, 30 March 2005                                                  
                                                                              
    The English text of this announcement shall prevail over the Chinese      
    text.