10:58     HSIN CHONG CONS<00404> & SYNERGIS HOLD<02340> - J. Ann. (3)         

    "HCCG"   Hsin Chong Construction Group Ltd., a company incorporated       
    in Bermuda with limited liability, the shares of which are listed on      
    the Stock Exchange                                                        
                                                                              
    "HCIH"   Hsin Chong International Holdings Ltd., a substantial            
    shareholder of HCCG and the controlling shareholder of Synergis           
                                                                              
    "HCH"   Hsin Chong Holdings (H.K.) Limited, a wholly-owned                
    subsidiary of HCIH. HCH is an investment holding company and the          
    principal activities of its subsidiaries are investment in marketable     
    securities, property investment, insurance, property management and       
    facility management                                                       
                                                                              
    "Listing Rules"   the Rules Governing the Listing of Securities on        
    the Stock Exchange                                                        
                                                                              
    "Synergis"   Synergis Holdings Limited, a company incorporated in         
    Bermuda with limited liability, the shares of which are listed on the     
    Stock Exchange                                                            
                                                                              
    "SMS"   Synergis Management Services Limited, a wholly-owned              
    subsidiary of Synergis                                                    
                                                                              
    "Summit"   Summit Insurance (Asia) Limited, a non-wholly owned            
    subsidiary of HCH. The principal activity of Summit and its subsidiary    
    is provision of insurance services                                        
                                                                              
    "Stock Exchange"   The Stock Exchange of Hong Kong Limited                
                                                                              
    "Tenancy Agreement I"   the tenancy agreement dated 1st April, 2005       
    entered into between Deventer as landlord and SMS as tenant               
                                                                              
    "Tenancy Agreement II"   the tenancy agreement dated 1st April, 2005      
    entered into between Deventer as landlord and HCH as tenant               
                                                                              
    "Tenancy Agreement III"   the tenancy agreement dated 1st April,          
    2005 entered into between Deventer as landlord and Summit as tenant       
                                                                              
    "HK$"   the Hong Kong dollars, the lawful currency of Hong Kong           
                                                                              
    "%"   per cent                                                            
                                                                              
    By Order of the Board                                                     
    Hsin Chong Construction Group Ltd.                                        
    Wing-yin Betty WONG                                                       
    Company Secretary                                                         
                                                                              
    By Order of the Board                                                     
    Synergis Holdings Limited                                                 
    Ip-sing CHAN                                                              
    Company Secretary                                                         
                                                                              
    Hong Kong SAR, 4th April, 2005                                            
                                                                              
    As at the date of this announcement, the directors of HCCG are as         
    follows:                                                                  
                                                                              
    Executive directors: V-nee YEH (his alternate: Barry John BUTTIFANT),     
    Rodney Gordon FRANKS                                                      
    Independent non-executive directors: Tobias Josef BROWN, Ho-ming          
    Herbert HUI, Kin-fung Jeffrey LAM, Kwok-kuen Peter LAU                    
    Non-executive director: Ki-chi KWONG                                      
    Websites:   http://www.hsinchong.com                                      
       http://www.irasia.com/listco/hk/hsinchong                              
                                                                              
    As at the date of this announcement, the directors of Synergis are        
    as follows:                                                               
                                                                              
    Executive directors: Yi-hao Yvette FUNG (her alternate: Barry John        
    BUTTIFANT), Cheuk-hung FAN                                                
    Independent non-executive directors: Professor Chia-wei WOO,              
    Wing-ching SHIH, Cheung TSANG, Yiu-wa Alec TSUI                           
    Non-executive directors: Ming Joseph LAI, Ki-chi KWONG                    
    Website:   http://www.synergis.com.hk