09:55     CASIL TELECOM<01185>-Announcement & Resumption of Trading(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.                   
                                                                              
    CASIL TELECOMMUNICATIONS HOLDINGS LIMITED                                 
    (incorporated in the Cayman Islands with limited liability)               
                                                                              
    (stock code: 1185)                                                        
                                                                              
    Major Transaction                                                         
    Entering into of Sino-foreign joint ventures regarding wind facilities    
                                                                              
    Sino-foreign equity joint venture contracts in respect of Jiangsu         
    Longyuan and Jilin Sanyuan were entered into by Crownplus, a wholly       
    owned subsidiary of the Company, in respect of the building,              
    maintenance and operation of wind energy plants and facilities in the     
    Jiangsu Province and Jilin Province, the PRC, respectively.               
                                                                              
    The entering into of the transactions constitutes a major transaction     
    of the Company under the Listing Rules and will be subject to the         
    approval of shareholders of the Company in general meeting.               
                                                                              
    A circular setting out details of the transaction as required under       
    the Listing Rules will be despatched to shareholders as soon as           
    practicable.                                                              
                                                                              
    The shares of the Company were suspended from trading on the Stock        
    Exchange with effect from 9:30 a.m. on 18 April 2005 pending the          
    release of this announcement. Application has been made to the Stock      
    Exchange for the resumption of trading in the shares of the Company       
    with effect from 9:30 a.m. on 19 April 2005.                              
                                                                              
    The board of directors of is pleased to announce that Crownplus, a        
    wholly owned subsidiary of the Company, has entered into Sino-foreign     
    equity joint venture contracts in respect of establishment of Jiangsu     
    Longyuan and Jilin Sanyuan respectively on 15 April 2005 in respect of    
    the building, maintenance and operation of wind energy plants and         
    facilities.                                                               
                                                                              
    Sino-foreign equity joint venture contracts                               
                                                                              
    (1)        Jilin Sanyuan                                                  
                                                                              
    Parties:        1.        Longyuan Electric                               
            2.        Jilin Jineng Electric                                   
            3.        Crownplus, wholly-owned subsidiary of the Company       
                                                                              
    To the best of the Directors' knowledge, information and belief having    
    made all reasonable enquiry, the joint venture partners and their         
    respective ultimate beneficial owners are third parties independent of    
    the Company and its connected persons and are not connected persons of    
    the Group                                                                 
                                                                              
    Company to be established        *, a Sino-                               
    foreign equity joint venture enterprise to be                             
      (name subject to relevant         established in Jilin Province, the    
    PRC                                                                       
      authority's approval):                                                  
                                                                              
    Business scope         wind power generation; wind field survey and       
    design and construction works;                                            
      (subject to relevant         full-set installation, testing, and        
    maintenance and repairs of wind-driven generators;                        
      authority's approval):        sale of electricity; and related          
    technical consultancy and training                                        
                                                                              
    Total investment:        RMB811,960,000                                   
      (in HK$ equivalent)        (HK$766,000,000)                             
                                                                              
    Total registered capital:        RMB269,020,000                           
      (in HK$ equivalent)        (HK$253,792,453)                             
                                                                              
    Share of registered capital:        Longyuan Electric        Jilin        
    Jineng Electric        Crownplus                                          
                                                                              
            RMB121,059,000        RMB80,706,000        RMB67,255,000          
      (in HK$ equivalent)        (HK$114,206,604)        (HK$76,137,736)      
    (HK$63,448,113)                                                           
      (% of total registered capital)        (45%)        (30%)               
    (25%)                                                                     
                                                                              
    Payment of registered capital        15% in RMB        15% in RMB         
    15% in US$ equivalent                                                     
      1st instalment within 60 days