09:24 KANHAN TECH<08175> - Unusual price movement 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. KanHan Technologies Group Limited (incorporated in the Cayman Islands with limited liability) (Stock Code: 8175) ANNOUNCEMENT This announcement is made at the request of the Stock Exchange of Hong Kong Limited. The board of directors ("the Board") have noted the recent decrease in the price of the shares of KanHan Technologies Group Limited (the "Company") on 8th April, 2005 and wish to state that the Board are not aware of any reasons for such decrease in the price. We confirm that there are no negotiations or agreements relating to intended acquisitions or realizations which are discloseable under Chapters 19 to 20 of the GEM Listing Rules. The Board is not 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 a price-sensitive nature. Made by the order of the Board, the directors of the Company collectively and individually accept responsibility for the accuracy of this announcement. As at the date of this announcement, Mr. Mo Wai Ming, Lawrence and Ms. Wai Lai Yung are executive Directors, Mr. Yuen Ka Lok, Ernest is non-executive Director, and Ms. Li Mo Ching, Joyce, Ms. Tam Cheuk Ling, Jacqueline and Mr. Kwok Chi Sun, Vincent are independent non-executive Directors. By order of the Board Au Shui Ming, Anna Company Secretary Hong Kong, 8th April, 2005 This announcement, for which the directors (the "Directors") of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquires, confirm that, to the best of their knowledge and belief: (i) the information contained it 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 assumption 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 date of its posting.