10:04     GOLDEN RESORTS<01031> - Announcement (5)                            

    "Acquisition"   the acquisition by the Group of, among                    
    other things, Hang Huo Hotel Company Limited, which                       
    holds the entire interest in Hotel Casa Real, further                     
    details of which are set out in the announcement dated                    
    19 January 2005 and circular dated 18 April 2005 of                       
    the Company                                                               
                                                                              
    "Acquisition Consideration      1,100,000,000 new Existing Shares to      
      Shares"       be issued by the Company as part of the                   
    consideration for the Acquisition                                         
                                                                              
    "Board" the board of Directors                                            
                                                                              
    "Business Day"  a day (other than a Saturday) on                          
    which banks in Hong Kong are generally open for                           
    business                                                                  
                                                                              
    "Bye-laws"      the bye-laws of the Company                               
                                                                              
    "Company"       Golden Resorts Group Limited (formerly                    
    known as Medtech Group Company Limited), a company                        
    incorporated in Bermuda with limited liability and                        
    the shares of which are listed on the Stock Exchange                      
                                                                              
    "Companies Act" the Companies Act 1981 of Bermuda                         
                                                                              
    "Consolidated Share(s)" new share(s) of HK$0.10                           
    each in the share capital of the Company upon the Share                   
    Consolidation becoming effective                                          
                                                                              
    "Directors"     directors of the Company                                  
                                                                              
    "Group" the Company and its subsidiaries                                  
                                                                              
    "Hong Kong"     the Hong Kong Special Administrative                      
    Region of the People's Republic of China                                  
                                                                              
    "SGM"   a special general meeting of the Company to be                    
    convened to consider and, if thought fit, approve the                     
    Share Consolidation                                                       
                                                                              
    "Existing Share(s)"     existing share(s) of HK$0.01                      
    each in the share capital of the Company                                  
                                                                              
    "Share Consolidation"   the proposed consolidation of                     
    every 10 Existing Shares (issued and unissued) into 1                     
    Consolidated Share                                                        
                                                                              
    "Share Option(s)"       option(s) to subscribe for                        
    shares of the Company granted under the share option                      
    scheme of the Company                                                     
                                                                              
    "Shareholder(s)"        Holder(s) of the shares of the                    
    Company                                                                   
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong                   
    Limited                                                                   
                                                                              
    "Warrants"      unlisted warrants of the Company                          
    conferring right in its registered form to subscribe                      
    for Existing Shares at an initial subscription price                      
    of HK$0.25 (subject to adjustments) at any time                           
                                                                              
    "HK$"   Hong Kong dollars                                                 
                                                                              
                                                                              
                                                                              
    By order of the Board                                                     
    Golden Resorts Group Limited                                              
    Cheung Yu Shum, Jenkin                                                    
    Chairman                                                                  
                                                                              
    Hong Kong, 22 April 2005                                                  
                                                                              
    * For the Chinese Name, please refer to press announcement today.