09:46 PRICERITE<00996> & CELESTIAL<01049> -Joint Ann & Resumed (5) licensed under SFO to conduct types 1 and 3 regulated activities under SFO, and a non-wholly owned fellow subsidiary of the Company "Placing Price" $0.30 per Placing Share "Placing Share(s)" a maximum of 223,000,000 new Shares to be placed by the Placing Agent on a best effort basis under the Agreement "SFO" Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) "SGM" a special general meeting of the shareholders of the Company to be convened and held for approving the Placing, the issue of the Placing Shares and the Share Capital Increase "Share(s)" ordinary share(s) of $0.02 each in the Company "Share Capital the proposed increase of the authorized share capital of the Company Increase" from $15,000,000 to $30,000,000 by the creation of additional 750,000,000 new Shares "Stock Exchange" The Stock Exchange of Hong Kong Limited "Subscription Shares" the 83,000,000 new Shares to be issued by the Company at an issue price of $0.28 each as announced by the Company on 24 March 2005 "$" Hong Kong dollar(s) On behalf of the Board On behalf of the board of CASH Bankee P Kwan Bankee P Kwan Chairman Chairman Hong Kong, 4 April 2005 As at the date hereof, the executive directors of the Company are Mr Kwan Pak Hoo Bankee, Mr Law Ping Wah Bernard, Ms Kwok Lai Ling Elaine, Mr Leung Siu Pong James, Mr Li Yuen Cheuk Thomas, and the independent non-executive directors are Dr Hui Ka Wah Ronnie, Mr Lai Wai Kwong Daryl and Mr Lo Ming Chi Charles. As at the date hereof, the executive directors of CASH are Mr Kwan Pak Hoo Bankee, Mr Law Ping Wah Bernard, Mr Wong Kin Yick Kenneth, Mr Miao Wen Hao Felix, Ms Kwok Oi Kuen Joan Elmond, Mr Li Yuen Cheuk Thomas, and the independent non-executive directors are Dr Chan Hak Sin, Mr Leung Ka Kui Johnny and Mr Wong Chuk Yan.