09:08 MEDICAL CHI<08186> - Unusual price & volume movements This announcement is made at the request of The Stock Exchange of Hong Kong Limited. 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. MEDICAL CHINA LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 8186) ANNOUNCEMENT The directors (the "Directors") of Medical China Limited (the "Company") have noted today's increase in trading volume and price fluctuation of the shares of the Company and wish to state that the Directors are not aware of any reasons for such increase and fluctuation. The Directors also confirm that there are no negotiations or agreements relating to intended acquisitions or realizations which are discloseable under Chapters 19 to 20 of the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules"), neither is the board of directors of the Company (the "Board") aware of any matter discloseable under the general obligation imposed by rule 17.10 of the GEM Listing Rules, which is or may be of a price-sensitive nature. Made by the order of the Board, the Directors of which collectively and individually accept responsibility for the accuracy of this announcement. As at the date of this announcement, the Board comprises (i) three executive Directors, namely Messrs. Li Nga Kuk, James, Li Wo Hing and Li Tai To, Titus; (ii) one non-executive Director, namely Mr. Chen Minshan; and (iii) three independent non-executive Directors, namely Messrs. Guo Guoqing, Fan Wan Tat and Dr. Tam Wai Leung, Joseph. By order of the Board Medical China Limited Li Wo Hing Director Hong Kong, 20 April, 2005 This announcement, for which the Directors of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquires, confirm that, to the best of their knowledge and belief: 1. the information contained in this announcement is accurate and complete in all material respects and not misleading; 2. there are no other matters the omission of which would make any statement in this announcement misleading; and 3. all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable. This announcement will remain on the "Latest Company Announcements" page on the GEM website at www.hkgem.com for at least 7 days from the day of its posting.