09:50     RICHE M-MEDIA<00764>-Announcement&Resumption of Trading (12)        

    pursuant to the exercise of the conversion right under the Convertible    
    Note and the exercise of the BK Share Option                              
                                                                              
    "Share(s)"        ordinary share(s) of HK$0.01 each in the capital of     
    the Company                                                               
                                                                              
    "Shareholder(s)"        holder(s) of Share(s)                             
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong Limited           
                                                                              
    "Sub-Marketing         the agreement to be entered into between           
    Leadfirst and Best Winning under which                                    
      Agreement"        Leadfirst has appointed Best Winning as its sole and  
    exclusive service provdier for the promotion and introduction of          
    customers to the Vessel and the provision of Rolling and Settlement       
    Service for the customers of the Casino                                   
                                                                              
    "S&P Agreement"        a conditional sale and purchase agreement entered  
    into between Dragon Leader, Leadfirst and Mr. Ki dated 9th April 2005 in  
    respect of the Acquisition                                                
                                                                              
    "Takeovers Code"        the Hong Kong Code on Takeovers and Mergers       
                                                                              
    "Vessel"        a passenger vessel named Radisson Diamond (to be renamed  
    as Asia Star), with casino, gaming and other facilities                   
                                                                              
    "Warrant Instrument"        the instrument relating to warrants of the    
    Company to subscribe for Shares in an aggregate amount of HK$342,144,000  
    dated 17th June 2002 as referred to in the circular of the Company dated  
    4th May 2002                                                              
                                                                              
    "%"        per cent.                                                      
                                                                              
    By Order of the Board                                                     
    Riche Multi-Media Holdings Limited                                        
    Heung Wah Keung                                                           
    Chairman                                                                  
                                                                              
    Hong Kong, 15th April 2005                                                
                                                                              
    As at the date of this announcement the executive directors of the        
    Company are Mr. Heung Wah Keung, Ms. Chen Ming Yin, Tiffany and Mr. Lei   
    Hong Wai and the independent non-executive directors of the Company are   
    Mr. Lien Wai Hung, Mr. Tang Chak Lam, Gilbert and Mr. Ho Wai Chi, Paul.