09:55     QUALITY HEALTH<00593> - Announcement (3)                            

    Total:  216,672,884     100     195,005,596     100                       
                                                                              
                                                                              
    After the completion of the Offer, Wah Cheong has become a                
    controlling shareholder (as defined under the Listing Rules)              
    of the Company since its holding in Shares exceeds 30%.                   
                                                                              
    PUBLIC FLOAT                                                              
                                                                              
    Notwithstanding completion of the Offer, the percentage of                
    Shares held in public hands will remain above the minimum                 
    prescribed percentage of 25% stipulated in Rule 8.08 of the               
    Listing Rules.                                                            
                                                                              
    DESPATCH AND COLLECTION OF CHEQUES AND SHARE CERTIFICATES                 
                                                                              
    It is expected that, on or before 16 April 2005, the Registrar            
    will despatch cheques for amounts payable to successful                   
    Accepting Shareholders in respect of valid acceptances under              
    the Offer (after deducting the seller's stamp duty due on the             
    repurchase of the relevant Shares from the amount payable in              
    cash) and/or any share certificate(s) representing Shares which           
    were not accepted under the Offer.                                        
                                                                              
    In case of any Accepting Shareholder where the number of Shares           
    represented by the share certificate(s) and/or transfer                   
    receipt(s) and/or any other document(s) of title sent in                  
    connection with his Form of Acceptance to the Registrar in                
    acceptance of the Offer exceeded 50,000, such Shareholder may             
    contact the Registrar directly to arrange for collection in               
    person at the Registrar's office of the remittance due to him             
    in respect of the Shares accepted under the Offer (after                  
    deducting the seller's stamp duty due on the repurchase of the            
    relevant Shares from the amount payable in cash) and/or any share         
    certificate(s) representing Shares which were not successfully            
    tendered and/or accepted under the Offer. However, if no such             
    prior arrangement is made with the Registrar, the Registrar will          
    send by ordinary post on or before 16 April 2005 the remittance           
    and/or any share certificate(s) to such Shareholder at his risk.          
                                                                              
    ODD LOTS ARRANGEMENT                                                      
                                                                              
    Sun Hung Kai Investment Services Limited (address: Level 12,              
    One Pacific Place, 88 Queensway, Hong Kong; contact person: Ms.           
    Connie Cheung Sau Lin; telephone 2822 5075) has been appointed            
    by the Company as the designated broker to match sales and                
    purchases of odd lot holdings of Shares in the market during              
    the period from 8 April 2005 to 20 May 2005 (both days inclusive)         
    to enable odd lot Shareholders to dispose of their odd lots or            
    to top up their odd lots to whole board lots of 2,000 Shares.             
    Odd lot Shareholders should note that the matching of odd lots            
    is not guaranteed.                                                        
                                                                              
    ENQUIRIES HOTLINE                                                         
                                                                              
    Should any Qualifying Shareholder require any assistance or have          
    any queries regarding the despatch of cheques and/or the return           
    of share certificates as mentioned above, the Shareholder may             
    contact the Registrar at its hotline at (852) 2980 1333 from              
    now on up to and inclusive of Friday, 15 April 2005 between 9:00          
    a.m. and 5:00 p.m. (Hong Kong time) from Monday to Friday (other          
    than public holidays).                                                    
                                                                              
    RESPONSIBILITY STATEMENT                                                  
                                                                              
    The Directors jointly and severally accept full responsibility            
    for the accuracy of the information contained in this                     
    announcement and confirm, having made                                     
    all reasonable enquiries, that to the best of their knowledge,            
    opinions expressed in this announcement have been arrived at              
    after due and careful consideration and there are no other facts          
    not contained in this announcement, the omission of which would           
    make any statements in this announcement misleading.                      
                                                                              
    On behalf of the Board                                                    
    Quality HealthCare Asia Limited                                           
    Mark Wong Tai Chun                                                        
    Executive Director                                                        
    Hong Kong, 7 April, 2005                                                  
                                                                              
    As at the date of this announcement, the executive directors              
    of the Company are Mr. Arthur George Dew, Dr. Lincoln Chee Wang           
    Jin and Mr. Mark Wong Tai Chun, the non-executive directors of            
    the Company are Mr. Richard Owen Pyvis and Mr. Brian Damian               
    O'Connor and the independent non-executive directors of the               
    Company are Mr. Li Chak Hung, Mr. Carlisle Caldow Procter and             
    Mr. Chang Chu Fai Johnson Francis.