10:20     INTERCHINA HOLD<00202> - Announcement & Resumption (4)              

    December 2003. The audited accounts of the Target Group for the           
    year ended 31 December 2004 have not been prepared, but the               
    Company will disclose the financial information based on the              
    audited accounts and/ or management accounts of the Target Group          
    in the next announcement upon the signing of the formal sale              
    and purchase agreement in accordance with the Listing Rules.              
                                                                              
    Based on the audited accounts of the Target Group as at 31                
    December 2003 (which is the latest available information to the           
    Company as at the date of this announcement) and subject to the           
    signing of a formal sale and purchase agreement, the Acquisition          
    is likely to constitute a very substantial acquisition of the             
    Company under the Listing Rules. However, this is subject to              
    further calculations to be made upon receipt by the Group of              
    the audited accounts and/ or management accounts of the Target            
    Group for the year ended 31 December 2004. As set out in the              
    preceding paragraph, the financial information based on such              
    audited accounts and/ or management accounts of the Target Group          
    will be disclosed in the next announcement in accordance with             
    the Listing Rules. Further announcement will be made upon the             
    signing of such formal sale and purchase agreement in accordance          
    with the Listing Rules.                                                   
                                                                              
    The Acquisition is still subject to the signing of a formal sale          
    and purchase agreement. Accordingly, the Acquisition may or may           
    not proceed. Shareholders and potential investors are advised             
    to exercise caution when dealing in shares of the Company.                
                                                                              
    At the request of the Company, the trading in Shares on the Stock         
    Exchange was suspended with effect from 9:30 a.m. on 11 April             
    2005, pending the publication of this announcement. Application           
    has been made by the Company for the resumption of trading in             
    Shares on the Stock Exchange with effect from 9:30 a.m. on 14             
    April 2005.                                                               
                                                                              
    As at the date of this announcement, the executive Directors              
    are Mr. Zhang Yang, Mr. Chan Wing Yuen, Hubert and Mr. Lam Cheung         
    Shing, Richard, the non-executive Director is Mr. Hui Ho Ming,            
    Herbert, J.P., the independent non-executive Directors are Mr.            
    Lee Peng Fei, Allen, J.P., Mr. Wu Wai Chung, Michael, Mr. Wong            
    Hon Sum and Ms. Ha Ping.                                                  
                                                                              
                                                                              
                                                                              
    By order of the Board of                                                  
    Interchina Holdings Company Limited                                       
    Lam Cheung Shing, Richard                                                 
    Director and Company Secretary                                            
                                                                              
    For the purpose of this announcement, the conversion rate of              
    RMB shall be HK$1.00 = RMB 1.06                                           
                                                                              
    Hong Kong, 13 April 2005                                                  
                                                                              
    * For the Chinese Name, please refer to the press announcement today.