09:16     CHINA ADVANCE<08117> - Unusual price & volume movements             

    This announcement is made at the request of The Stock Exchange of Hong    
    Kong Limited. 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.                                                             
                                                                              
                                                                              
                                                                              
    China Advance Holdings Limited                                            
    (Incorporated in the Cayman Islands with limited liability)               
    (Stock Code: 8117)                                                        
                                                                              
    ANNOUNCEMENT                                                              
                                                                              
    The Board of directors (the "Board") of China Advance Holdings Limited    
    (the "Company") noted today's increase in price and trading volume of     
    the shares of the Company and wishes to state that we are not aware of    
    any reasons for such increase, save as disclosed in the announcement      
    dated 24 March 2005.                                                      
                                                                              
    We also confirm that there is no negotiations or agreements relating to   
    intended acquisitions or realizations which are discloseable under        
    Chapters 19 to 20 of the Rules Governing the Listing of Securities on     
    the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited   
    ("GEM Listing Rules"), neither is the Board of the Company 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                                                     
    China Advance Holdings Limited                                            
    Yu Hongzhi                                                                
    Chairman                                                                  
    Hong Kong, 4 April 2005                                                   
                                                                              
    As at the date of this announcement, the Board comprises Mr. YU Hongzhi,  
    Mr. LANG Fulai, Ms. MA Zheng, and Mr. CHIU Winerthan who are the          
    executive directors, Mr. WAN Tze Fan Terence, Mr. ZHOU Guang Qi and Mr.   
    ZHANG Hongru who are the independent non-executive directors.             
                                                                              
    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          
    enquiries, 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 GEM website on the "Latest Company   
    Announcements" page for at least 7 days from the day of its posting.