09:30     JINHUI HOLDINGS<00137> - Announcement (3)                           

                                                                              
    Temporary counter for trading in Subdivided Shares in board lots of       
    2,000 Subdivided Shares (in the form of existing share certificates)      
    opens         9:30 a.m. on Monday, 23 May                                 
                                                                              
    First day of free exchange of certificates for Shares for new             
    certificates for the Subdivided Shares        Monday, 23 May              
                                                                              
    Existing counter for trading in Subdivided Shares in new board lots of    
    1,000 Subdivided Shares (in the form of new certificates for Subdivided   
    Shares) reopens        9:30 a.m. on Monday, 6 June                        
                                                                              
    Parallel trading in Subdivided Shares (in the form of new certificates    
    for Subdivided Shares and existing certificates for Shares) commences     
    9:30 a.m. on Monday, 6 June                                               
                                                                              
    Temporary counter for trading in Subdivided Shares in board lots of       
    2,000 Subdivided Shares (in the form of existing certificates for         
    Shares) ends        4:00 p.m. on Monday, 27 June                          
                                                                              
    Parallel trading in Subdivided Shares (in the form of new certificates    
    for Subdivided Shares and existing certificates for Shares) ends          
    4:00 p.m. on Monday, 27 June                                              
                                                                              
                                                                              
    Last day for free exchange of certificates for Shares for new             
    certificates for Subdivided Shares        Thursday, 30 June               
                                                                              
    Matching service for the sale and purchase of odd lots of Subdivided      
    Shares        From Monday, 23 May to Monday, 27 June                      
                                                                              
    ADJUSTMENT OF SUBSCRIPTION PRICE OF THE SHARE OPTIONS                     
    Upon completion of the Share Subdivision, the subscription price of the   
    issued existing share options granted under the employee share option     
    scheme adopted on 18 November 2004 will be adjusted as appropriate, in    
    accordance with the terms and conditions of the rules for the share       
    option scheme. The adjustments will be reviewed by the Company's          
    auditors and details of the adjustments will be disclosed in the          
    circular of the Company to be despatched to Shareholders.                 
                                                                              
    GENERAL                                                                   
    An application will be made to the Stock Exchange for the listing of and  
    permission to deal in the Subdivided Shares and the Subdivided Shares to  
    be issued pursuant to the exercise of options in accordance with the      
    Company's share option scheme.                                            
                                                                              
    A circular containing, amongst other things, details of the Share         
    Subdivision, the trading arrangement in respect of the Subdivided Shares  
    and the adjustment of the subscription price of the share options         
    together with a notice to convene the EGM will be issued to the           
    Shareholders as soon as practicable.                                      
                                                                              
    As at the date of this announcement, the executive directors of the       
    Company are Ng Siu Fai, Ng Kam Wah Thomas, Ng Ki Hung Frankie and Ho Suk  
    Lin; the non-executive director of the Company is Ho Kin Lung; and the    
    independent non-executive directors of the Company are Cui Jianhua, Tsui  
    Che Yin Frank and William Yau.                                            
                                                                              
    By Order of the Board                                                     
    Jinhui Holdings Company Limited                                           
    Ng Siu Fai                                                                
    Chairman                                                                  
                                                                              
    Hong Kong, 14 April 2005