09:16     HAITIAN ANTENNA<08227> - Announcement                               

                                                                              
    The Stock Exchange of Hong Kong Limited 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.                                                     
                                                                              
    XI'AN HAITIAN ANTENNA TECHNOLOGIES CO., LTD.*                             
    (a joint stock limited company incorporated in the                        
    People's Republic of China)                                               
    (Stock Code: 8227)                                                        
                                                                              
    CLARIFICATION ANNOUNCEMENT                                                
                                                                              
    The Board hereby makes this clarification                                 
    announcement in response to the newspaper articles                        
    on 1 April 2005 that (i) the Board has not been informed                  
    that there is any change in the shareholding of                           
    180,000,000 domestic Shares which are registered                          
    under the name of Professor Xiao in comparing with                        
    the corporate structure of the Company as disclosed                       
    in the annual report of the Company dated 29 March                        
    2005; and (ii) no sale and purchase or transfer of                        
    Shares has been involved in the Settlement. The Board                     
    does not expect any change in the control, management                     
    and daily operation of the Company as a result of the                     
    Proceedings and/or the Settlement.                                        
                                                                              
    Based on a verbal conversation between Mr. Xiao Bing                      
    and the Board, the Board confirms that Mr. Xiao Bing                      
    has a preliminary idea to transfer 180,000,000                            
    domestic Shares under the joint control of Mr. Xiao                       
    Bing and Professor Xiao, as parties acting in concert,                    
    and registered under the name of Professor Xiao to                        
    Mr. Xiao Bing and/or other family members as Professor                    
    Xiao has reached the age of retirement. However, as                       
    at the date of this announcement, no such transfer                        
    has been taken place. The Board will make further                         
    announcement once the Board receives further                              
    information.                                                              
                                                                              
    Shareholders of the Company and potential investors                       
    should exercise caution in dealing in the Shares.                         
                                                                              
    By order of the Board                                                     
    Xi'an Haitian Antenna Technologies Co., Ltd.*                             
    Xiao Bing                                                                 
    Chairman of the Board                                                     
                                                                              
    Xi'an, the PRC, 1 April 2005                                              
                                                                              
    As at the date of this announcement, the Board                            
    comprises (Mr. Xiao Bing) being executive Director;                       
    (Mr. Wang Ke), (Mr. Liu Yongqiang), (Mr. Wang Quanfu),                    
    (Mr. Li Wenqi) and (Ms. Wang Jing) being non-executive                    
    Directors; and (Mr. Zhou Tianyou), (Mr. Gong Shuxi)                       
    and (Mr. Wang Pengcheng) being independent                                
    non-executive Directors.                                                  
                                                                              
    This announcement, for which 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 ("GEM")                        
    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                        
    enquiries, confirm that, to the best of their                             
    knowledge and belief: (1) the information contained                       
    in this announcement is accurate and complete in all                      
    material respects and not misleading; (2) there are                       
    no other matters the omission of which would make any                     
    statement in this announcement misleading;                                
    and (3) 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.                                 
                                                                              
    The above announcement is a summary only. For the full                    
    version of this announcement, please refer to the                         
    "Latest Company Announcements" page on the GEM                            
    website of www.hkgem.com.                                                 
                                                                              
    *  For identification purposes only