09:39     E-LIFE INT'L<00370> - 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.                   
                                                                              
    E-LIFE INTERNATIONAL LIMITED                                              
    (Incorporated in Bermuda with limited liability)                          
    (Stock Code : 370)                                                        
                                                                              
    Further delay in despatch of circular                                     
                                                                              
    Reference is made to the announcement of the Company dated 24 February    
    2005 regarding the delay in despatch of the Circular to the Shareholders  
    in relation to the very substantial acquisition.                          
                                                                              
    The Company has applied to the Stock Exchange for a further extension on  
    the time of despatch of the Circular. The despatch date of the Circular   
    will be delayed from 4 April 2005 to on or before 13 May 2005.            
                                                                              
    Reference is made to the announcement (the "Announcement") of E-LIFE      
    International Limited (the "Company") dated 24 February 2005 regarding    
    the delay in despatch of a circular in relation to the very substantial   
    acquisition (the "Circular"). Capitalised terms used in this              
    announcement shall have the same meanings as those defined in the         
    Announcement unless the context requires otherwise.                       
                                                                              
    Pursuant to Rules 14.38 and 14.48 of the Listing Rules, the Company is    
    required to despatch the Circular to the Shareholders within 21 days      
    after the publication of the announcement of the Company dated 3          
    February 2005, which is on or before 25 February 2005. The Company has    
    applied to the Stock Exchange on 24 February 2005 to extend the despatch  
    date of the Circular from 25 February 2005 to on or before 4 April 2005.  
                                                                              
    At present, the reporting accountants have been gathering information     
    from Shanxi Changxing and additional time is required to prepare the      
    accountants' report on Shanxi Changxing. In particular, the management    
    of Shanxi Changxing are still in the process of preparing inventory roll  
    back analyses as at 31 December 2002, 31 December 2003 and 31 December    
    2004 which are required to enable the reporting accountants to establish  
    the amounts of inventories to be included in the accountants' report as   
    at these dates. In addition, confirmations from certain debtors and       
    creditors of Shanxi Changxing are also outstanding. Until the             
    abovementioned information requested from Shanxi Changxing is available,  
    the Directors are not able to ascertain with certainty when the           
    accountants' report will be available. At the same time, the Group has    
    been collecting information for the management discussion and analysis    
    section in the Circular, but such discussion and analysis can only be     
    finalised until the draft accountants' report is available. As for the    
    property valuation, the Board was informed that the valuer has completed  
    its field work and is currently preparing the valuation report.           
                                                                              
    As additional time is required to compile the abovementioned information  
    in relation to Shanxi Changxing to be incorporated into the Circular,     
    the Company has applied to the Stock Exchange for a further extension on  
    the time of despatch of the Circular. The despatch date of the Circular   
    will be delayed from 4 April 2005 to on or before 13 May 2005.            
                                                                              
    By Order of the Board                                                     
    E-LIFE International Limited                                              
    Wang Jian Hua                                                             
    Chairman                                                                  
                                                                              
    Hong Kong, 6 April 2005                                                   
                                                                              
    As at the date of this announcement, the Board comprises nine executive   
    Directors, namely Mr. Wang Jian Hua, Mr. Ng Tang, David, Mr. Bao Wen      
    Bin, Mr. Pak Chung, Mr. Ren Zheng, Ms. Ma Jun Li, Ms. Cheung Hoi Ping,    
    Mr. Wang Da Yong and Mr. Zhang Jun and three independent non-executive    
    Directors, namely Ms. Chung Kwo Ling, Mr. Sun Yeung Yeung and Mr. Lee     
    Yuen Kwong.