09:41     CHINA TREASURE<00810> - 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.                                                     
                                                                              
    China Treasure (Greater China) Investments Limited                        
    (incorporated in the Cayman Islands with limited                          
    liability)                                                                
    (Stock Code: 810)                                                         
                                                                              
    UNUSUAL VOLUME MOVEMENT                                                   
                                                                              
    The board of directors (the "Board") of China Treasure                    
    (Greater China) Investments Limited (the "Company")                       
    has noted the increase in the trading volume of the                       
    shares of the Company today and the Board is not aware                    
    of any reason for the increase in trading volume of                       
    the shares of the Company.                                                
                                                                              
    This announcement is made at the request of The Stock                     
    Exchange of Hong Kong Limited (the "Stock Exchange").                     
                                                                              
    The Board has noted the increase in the trading volume                    
    of the shares of the Company today and the Board is                       
    not aware of any reason for the increase in trading                       
    volume of the Shares of the Company.                                      
                                                                              
    The Company has entered into an agreement with its                        
    investment manager, China Core Capital Management                         
    Limited ("CCCML") on 15 March 2005 whereby both                           
    parties have agreed to terminate the investment                           
    management agreement entered into between them on 18                      
    February 2002. The Company also entered into an                           
    agreement with a licensed asset management company                        
    for the proposed appointment of that company as the                       
    new investment manager. The aforesaid two agreements                      
    will not take effect until the Company has obtained                       
    the clearance by the Stock Exchange of the                                
    announcement concerning the proposed appointment.                         
    The Company is in the course of providing further                         
    information on the experience of the proposed                             
    investment manager to the Stock Exchange and the                          
    investment management agreement of the Company with                       
    CCCML is still valid. The Company will make further                       
    announcement on the development of the above matters                      
    as soon as practicable.                                                   
                                                                              
    Reference is made to the announcement of the Company                      
    dated 4 February 2004. The Company has reached the                        
    final stage of negotiation in respect of the proposed                     
    disposal of its entire interest in Korning to a third                     
    party though such disposal is yet to be concluded as                      
    at the date of this announcement. Further                                 
    announcement on the proposed disposal will be made                        
    by the Company as soon as practicable.                                    
                                                                              
    Save as disclosed above, the Board confirms that there                    
    are no negotiations or agreements relating to other                       
    intended acquisitions or realizations which are                           
    discloseable under Rule 13.23 of the Listing Rules,                       
    neither is the Board of any matter discloseable under                     
    the general obligation imposed by Rule 13.09 of the                       
    Listing Rules, which is or may be of a price-sensitive                    
    nature.                                                                   
                                                                              
    Made by order of the Company, the Board of the                            
    directors of which individually and jointly accept                        
    responsibility for the accuracy of this announcement.                     
                                                                              
    As at the date of this announcement, the executive                        
    directors of the Company are Ma Kam Fook, Robert, Pang                    
    Bang Xuan & Chu Wai Lim; the independent non-executive                    
    directors are Li Pik Ha, Wong Chi Keung and Foo Chi                       
    Ming.                                                                     
                                                                              
    By Order of the Board                                                     
    CHINA TREASURE (GREATER CHINA) INVESTMENTS LIMITED                        
    Ma Kam Fook, Robert                                                       
    Executive Director                                                        
                                                                              
    Hong Kong, 13 April 2005