09:45     BEAUFORTE INV<00021> - Announcement (4)                             

                                   Virgin Islands and a wholly                
                                   owned subsidiary of the                    
                                   Company                                    
    `Group'                        the Company and its                        
                                   subsidiaries                               
    `HK$'                          Hong Kong dollars, the lawful              
                                   currency of Hong Kong                      
    `Hong Kong'                    the Hong Kong Special                      
                                   Administrative Region of the               
                                   PRC                                        
    `Independent Third Party(ies)' independent third party(ies)               
                                   who is/are independent of and              
                                   not connected with the                     
                                   Company and any of the                     
                                   Directors, chief executive,                
                                   substantial shareholders of                
                                   the Company or any of its                  
                                   subsidiaries or any of their               
                                   respective associates                      
    `Listing Rules'                the Rules Governing the                    
                                   Listing of Securities on the               
                                   Stock Exchange                             
    `PRC'                          the People's Republic of                   
                                   China                                      
    `RMB'                          Renminbi yuan, the lawful                  
                                   currency of the PRC                        
    `Share Transfer Agreement'     the agreement dated 12 April               
                                   2005 and entered into between              
                                   Shenzhen Dongrun as the                    
                                   transferor and Ocean Pearl as              
                                   the transferee in relation to              
                                   the transfer of 80% interest               
                                   in Daoqin Hospital Management              
    `Shenzhen Dongrun'              (Shenzhen Dongrun Investment              
                                   Company Limited), a company                
                                   incorporated in the PRC with               
                                   limited liability                          
    `Stock Exchange'               The Stock Exchange of Hong                 
                                   Kong                                       
                                   Limited                                    
                                                                              
                                                                              
                                                                              
    In this announcement, for the purpose of illustration only, amounts       
    quoted in RMB have been converted into HK dollars at the rate of          
    RMB1.06 to HK$1.00. Such exchange rates have been used, where             
    applicable, for the purposes of illustration only and do not              
    constitute a representation that any amounts were or may have been        
    exchanged at these or any other rates or at all.                          
                                                                              
    As at the date of this announcement, the Directors are as follows:        
                                                                              
                                                                              
    Executive Directors            Mr. Li Guanghao, Mr. Chen                  
                                   Baodong, and Mr. Li Zhaohui                
    Independent non-executive      Mr. Cheung Hok Fung,                       
    Directors                      Alexander, Ms. Leung Fung                  
                                   Yee, Alice and Ms. Lou                     
                                   Aidong                                     
                                                                              
                                                                              
                                                                              
                                                                              
    By order of the Board                                                     
    Li Guanghao                                                               
    Executive Director                                                        
                                                                              
    Hong Kong, 19 April 2005