09:46     GUO XIN GROUP<01215> - Announcement (10)                            

    Limited                                                                   
                                                                              
    "Tenth Consideration"   RMB5,314,650 (equivalent to                       
    approximately HK$5,013,821), being the consideration payable              
    to the Tenth Vendor under the Tenth S&P Agreement                         
                                                                              
    "Tenth Deposit" RMB2,125,860 (equivalent to approximately                 
    HK$2,005,528), being the deposit payable by the Purchaser to              
    the Tenth Vendor                                                          
                                                                              
    "Tenth Property"        Unit 106 on the Ground Floor                      
                                                                              
    "Tenth S&P Agreement"   a conditional sale and purchase agreement         
    entered into between the Purchaser and Mr. Ma on 15 April 2005            
    in relation to the acquisition of the Tenth Property                      
                                                                              
    "Tenth Vendor" or "Mr. Ma"       (Ma Kin Chiu) 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                                          
                                                                              
    "Third Consideration"   RMB4,938,360 (equivalent to                       
    approximately HK$4,658,830), being the consideration payable              
    to the Third Vendor under the Third S&P Agreement                         
                                                                              
    "Third Deposit" RMB1,975,344 (equivalent to approximately                 
    HK$1,863,532), being the deposit payable by the Purchaser to              
    the Third Vendor                                                          
                                                                              
    "Third Property"        Unit B06 on the Basement Level 1                  
                                                                              
    "Third S&P Agreement"   a conditional sale and purchase agreement         
    entered into between the Purchaser and Mr. Yan on 15 April 2005           
    in relation to the acquisition of the Third Property                      
                                                                              
    "Third Vendor" or "Mr. Yan"      (Yan Weiwen) 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                                          
                                                                              
    "Valuer"        Chesterton Petty Limited, a firm of professional          
    property surveyors                                                        
                                                                              
    "Vendors"               collectively the First to the Eleventh Vendors and
    the expression "Vendor" shall be interpreted accordingly                  
                                                                              
    "HK$"   Hong Kong dollars, the lawful currency of Hong Kong               
                                                                              
    "RMB"   Reminbi                                                           
                                                                              
     "%"    per cent.                                                         
                                                                              
    Conversion of RMB into HK$ is based on the exchange rate of               
    RMB1.06 = HK$1.00.                                                        
                                                                              
    By Order of the Board                                                     
    Guo Xin Group Limited                                                     
    Lam Cheung Shing, Richard                                                 
    Director                                                                  
                                                                              
    Hong Kong, 15 April 2005                                                  
                                                                              
    Please refer to the published version of this announcement in             
    Standard dated 15 April 2005.                                             
                                                                              
    As at the date of this announcement, the Board consists of Mr.            
    Zhang Yang and Mr. Lam Cheung Shing, Richard (both being                  
    executive Directors), and Mr. Tam Sun Wing, Mr. Ko Ming Tung,             
    Edward and Mr. Ng Ge Bun (all being independent non-executive             
    Directors).                                                               
                                                                              
    *for identification purpose only