09:45     GUO XIN GROUP<01215> - Announcement (7)                             

    "Eleventh Vendor" or "Ms. Wong" (Wong Yuen Ling) 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                                   
                                                                              
    "Existing Tenants"      collectively the existing tenants of all the      
    Properties under the First Tenancy and the Second Tenancy, 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                                   
                                                                              
    "First Consideration"   RMB9,316,440 (equivalent to                       
    approximately HK$8,789,094), being the consideration payable              
    to the First Vendor under the First S&P Agreement                         
                                                                              
    "First Deposit" RMB3,726,576 (equivalent to approximately                 
    HK$3,515,638), being the deposit payable by the Purchaser to              
    the First Vendor                                                          
                                                                              
    "First Floor"                                                             
    First Floor, 33 Deng Shi Kou Main Street, Dong Cheng District,            
    Beijing, PRC                                                              
                                                                              
    "First Property"        Units B01-B02-B03 on the Basement Level 1         
                                                                              
    "First S&P Agreement"   a conditional sale and purchase agreement         
    entered into between the Purchaser and Ms. Mu on 15 April 2005            
    in relation to the acquisition of the First Property                      
                                                                              
    "First Tenancy" a tenancy for a term of ten years commencing from         
    16 August 2002 and up to 15 August 2012 for the leasing of the            
    First to the Sixth Properties and other units on the Ground Floor,        
    pursuant to which the total rental income receivable for the              
    First to the Sixth Properties amounts to approximately                    
    RMB1,516,755 (equivalent to approximately HK$1,430,901) per               
    year                                                                      
                                                                              
    "First Vendor" or "Ms. Mu"      (Mu Feng) 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                                          
                                                                              
    "Fourth Consideration"  RMB4,234,230 (equivalent to                       
    approximately HK$3,994,557), being the consideration payable              
    to the Fourth Vendor under the Fourth S&P Agreement                       
                                                                              
    "Fourth Deposit"        RMB1,693,692 (equivalent to approximately         
    HK$1,597,823), being the deposit payable by the Purchaser to              
    the Fourth Vendor                                                         
                                                                              
    "Fourth Property"       Unit B07 on the Basement Level 1                  
                                                                              
    "Fourth S&P Agreement"  a conditional sale and purchase                   
    agreement entered into between the Purchaser and Mr. Li on 15             
    April 2005 in relation to the acquisition of the Fourth Property          
                                                                              
    "Fourth Vendor" or "Mr. Li"     (Li Yongwen) 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                                          
                                                                              
    "Fifth Consideration"   RMB6,244,770 (equivalent to                       
    approximately HK$5,891,292), being the consideration payable              
    to the Fifth Vendor under the Fifth S&P Agreement                         
                                                                              
    "Fifth Deposit" RMB2,497,908 (equivalent to approximately                 
    HK$2,356,517), being the deposit payable by the Purchaser to              
    the Fifth Vendor