09:43     VISION TECH<00922> - Announcement (2)                               

      By Order of the Board of                                                
      VISION TECH INTERNATIONAL HOLDINGS LIMITED                              
      Mrs. Pei Chen Chi Kuen                                                  
      Chairman                                                                
                                                                              
      By Order of the Board of                                                
      CEO VENTURES LIMITED                                                    
      Mr. Lau Chi Yung, Kenneth                                               
      Director                                                                
                                                                              
    Hong Kong, 19 April 2005                                                  
                                                                              
    As at the date of this announcement, the executive directors of the       
    Company are Mrs Pei Chen Chi Kuen, Dr. Pei Yaw Liang and Mr. Yang Chun    
    Thomas. The non-executive directors of the Company are Mr. Cheng Hong     
    Cheung, Mr. Lam Kwok Ming and Mr. Leung Wing On Louis.                    
                                                                              
    The directors of the Company jointly and severally accept full            
    responsibility for the accuracy of information contained in this          
    announcement (other than that relating to the Subscriber) and confirm,    
    having made all reasonable inquiries, that to the best of their           
    knowledge, the opinions expressed in this announcement (other than        
    those expressed by the Subscriber) have been arrived at after due and     
    careful consideration and that there are no other facts not contained     
    in this announcement (other than those relating to the Subscriber), the   
    omission of which would make any statement in this announcement           
    misleading.                                                               
                                                                              
    As at the date of this announcement, the directors of the Subscriber      
    are Mr. Lau Chi Yung, Kenneth and Mr. Michael Koon Ming Choi.             
                                                                              
    The directors of the Subscriber jointly and severally accept full         
    responsibility for the accuracy of information contained in this          
    announcement (other than that relating to the Group) and confirm,         
    having made all reasonable inquiries, that to the best of their           
    knowledge, the opinions expressed in the announcement (other than those   
    expressed by the Group) have been arrived at after due and careful        
    consideration and that there are no other facts not contained in this     
    announcement (other than those relating to the Group), the omission of    
    which would make any statement in this announcement misleading.