09:45     GUO XIN GROUP<01215> - Announcement (9)                             

    "Second Property"       Units B04-B05 on the Basement Level 1             
                                                                              
    "Second S&P Agreement"  a conditional sale and purchase                   
    agreement entered into between the Purchaser and Mr. Ding on              
    15 April 2005 in relation to the acquisition of the Second                
    Property                                                                  
                                                                              
    "Second Tenancy"        a tenancy for a term of ten years commencing      
    from 19 February 2000 and up to 18 February 2012 for the leasing          
    of the Seventh to the Eleventh Properties and other units on              
    the Ground Floor, pursuant to which the total rental income               
    receivable for the Seventh to the Eleventh Properties amounts             
    to approximately RMB1,613,825 (equivalent to approximately                
    HK$1,522,476) per year                                                    
                                                                              
    "Second Vendor" or "Mr. Ding"   (Ding Peng) who, to the                   
    best of the Directors' knowledge, information and belief having           
    made all reasonable enquiry, is third party independent of and            
    connected persons of the Company                                          
                                                                              
    "Seventh Consideration" RMB10,120,440 (equivalent to                      
    approximately HK$9,547,585), being the consideration payable              
    to the Seventh Vendor under the Seventh S&P Agreement                     
                                                                              
    "Seventh Deposit"       RMB4,048,176 (equivalent to approximately         
    HK$3,819,034), being the deposit payable by the Purchaser to              
    the Seventh Vendor                                                        
                                                                              
    "Seventh Property"      Units 101-102 on the Ground Floor                 
                                                                              
    "Seventh S&P Agreement" a conditional sale and purchase                   
    agreement entered into between the Purchaser and Mr. Kwok on              
    15 April 2005 in relation to the acquisition of the Seventh               
    Property                                                                  
                                                                              
    "Seventh Vendor" or "Mr. Kwok"  (Kwok Chiu Hing) who, to                  
    the best of the Directors' knowledge, information and belief              
    having made all reasonable enquiry, is third party independent            
    of and connected persons of the Company                                   
                                                                              
    "SGM"   a special general meeting of the Company to be held for           
    the purpose of passing the relevant resolutions for approving             
    all transactions contemplated under or incidental to the S&P              
    Agreements                                                                
                                                                              
    "Share(s)"      share(s) of a nominal value of HK$0.10 each in the        
    capital of the Company                                                    
                                                                              
    "Shareholder(s)"        holder of the Share(s)                            
                                                                              
    "Sixth Consideration"   RMB4,164,090 (equivalent to                       
    approximately HK$3,928,387), being the consideration payable              
    to the Sixth Vendor under the Sixth S&P Agreement                         
                                                                              
    "Sixth Deposit" RMB1,665,636 (equivalent to approximately                 
    HK$1,571,355), being the deposit payable by the Purchaser to              
    the Sixth Vendor                                                          
                                                                              
    "Sixth Property"        Units B11-B12 on the Basement Level 1             
                                                                              
    "Sixth S&P Agreement"   a conditional sale and purchase agreement         
    entered into between the Purchaser and Mr. Gao on 15 April 2005           
    in relation to the acquisition of the Sixth Property                      
                                                                              
    "Sixth Vendor" or "Mr. Gao"      (Gao Deyong) who, to the best            
    of the Directors' knowledge, information and belief having made           
    all reasonable enquiry, is third party independent of and                 
    connected persons of the Company                                          
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong