10:07     ANHUI CONCH<00914> - Announcement (1)                               

    The Stock Exchange of Hong Kong Limited takes no responsibility           
    for the contents of this announcement, makes no representation            
    as to its accuracy or completeness and expressly disclaims any            
    liability whatsoever for any loss howsoever arising from or in            
    reliance upon the whole or any part of the contents of this               
    announcement.                                                             
                                                                              
    ANHUI CONCH CEMENT COMPANY LIMITED                                        
    (a joint stock limited company incorporated in the People's               
    Republic of China)                                                        
    (Stock code: 0914)                                                        
                                                                              
                                                                              
    CONTINUING CONNECTED TRANSACTIONS                                         
                                                                              
                                                                              
    The Directors wish to announce that on 15 April 2005, the Company         
    and Ningchang Packing entered into the Purchasing Agreement, pursuant     
    to which members of the Ningchang Group would supply cement packaging     
    bags to members of the Group.                                             
                                                                              
    Ningchang Packing, Yingde Company and Wuhu Company (collectively          
    referred to as "Ningchang Group") are subsidiaries of Conch Holdings,     
    the controlling shareholder of the Company. Accordingly, each of          
    Ningchang Packing, Yingde Company and Wuhu Company is a connected         
    person of the Company and the transactions between members of the         
    Group and each of the members of the Ningchang Group constitute           
    connected transactions for the Company under Chapter 14A of the           
    Listing Rules.                                                            
                                                                              
    Under Rules 14A.34 of the Listing Rules, the Continuing Connected         
    Transactions are only subject to the reporting and announcement           
    requirements under Rules 14A.35 to 14A.41 and Rules 14A.45 to             
    14A.47 of the Listing Rules and no Independent Shareholders'              
    approval is required. Details of the Continuing Connected                 
    Transactions will be included in the Company's annual report and          
    financial statement for the year ending 31 December 2005.                 
                                                                              
                                                                              
    PURCHASING AGREEMENT                                                      
                                                                              
    Date                                                                      
                                                                              
    15 April 2005                                                             
                                                                              
    Parties                                                                   
                                                                              
    (i)     the Company; and                                                  
                                                                              
    (ii)    Ningchang Packing.                                                
                                                                              
    Supply of cement packaging bags                                           
                                                                              
    Under the Purchasing Agreement, it was agreed that Ningchang Packing      
    would represent members of the Ningchang Group to sign the Purchasing     
    Agreement regarding the supply of cement packaging bags to members of     
    the Group. It was agreed under the Purchasing Agreement that the          
    purchasing department of the Company would liaise with Ningchang          
    Packing regarding matters concerning the purchase of cement packaging     
    bags according to the relevant requirements of the Group's members.       
    The purchasing department of the Company would issue a purchase plan      
    for the following month (including model numbers, quantity and            
    delivery addresses etc.) to Ningchang Packing at the end of each          
    month,NingchangPacking would then inform the relevant members of the      
    Ningchang Group, which would deliver the cement packaging bags to the     
    relevant plants of the Group according to the purchase plan issued by     
    the Company's purchasing department. If any problem of quality arises,    
    the Group will deduct the number of defective cement packaging bags       
    from the ordered quantity or is entitled to compensation. Also, the       
    Group is entitled to purchase from any other parties if members of        
    the Ningchang Group are not able to supply cement packaging bags of       
    the prescribed quality according to the schedule.