09:26     G-VISION INT'L<00657> - Announcement (3)                            

    "Rental Valuation"   the market rental valuation of the                   
    Property as at 11 April, 2005 conducted by RHL Appraisal Ltd.,            
    an independent professional valuer                                        
                                                                              
    "Rental Valuation Report"   the report on the Rental Valuation            
    prepared by RHL Appraisal Ltd., an independent professional               
    valuer                                                                    
                                                                              
    "Shareholders"   shareholders of the Company                              
                                                                              
    "Stock Exchange"   The Stock Exchange of Hong Kong Limited                
                                                                              
    "Tenancy Deed"   the tenancy deed dated 15 April, 2005 entered            
    into between Homley and CCC Restaurant in respect of the                  
    Property                                                                  
                                                                              
    "Transaction"   the transaction contemplated under the Tenancy            
    Deed                                                                      
                                                                              
    "HK$"   Hong Kong dollars                                                 
                                                                              
    By order of the Board                                                     
    G-Vision International (Holdings) Limited                                 
    Cheng Hop Fai                                                             
    Chairman                                                                  
                                                                              
    Hong Kong, 15 April, 2005