09:31     <00201>, <00219> & <00253>-Joint Announcement & Resume (8)          

    "Shun Ho Technology Group"  Shun Ho Technology and its subsidiaries       
                                                                              
    "Shun Ho Technology Share(s)"  share(s) of HK$0.50 each in the share      
    capital of Shun Ho Technology                                             
                                                                              
    "Shun Ho Technology Shareholder(s)"  holder(s) of Shun Ho Technology      
    Shares                                                                    
                                                                              
    "Stock Exchange"  The Stock Exchange of Hong Kong Limited                 
                                                                              
    "Vendor"  Silver Courage Company Limited, a company incorporated in       
    Hong Kong with limited liability, being a wholly-owned subsidiary of      
    Magnificent Estates                                                       
                                                                              
    "HK$"  Hong Kong dollars, the lawful currency of Hong Kong                
                                                                              
    "%"  per cent.                                                            
                                                                              
      By order of the Board                                                   
      MAGNIFICENT ESTATES LIMITED                                             
      William CHENG Kai Man                                                   
      Chairman                                                                
                                                                              
      By order of the Board                                                   
      SHUN HO TECHNOLOGY HOLDINGS LIMITED                                     
      William CHENG Kai Man                                                   
      Chairman                                                                
                                                                              
      By order of the Board                                                   
      SHUN HO RESOURCES HOLDINGS LIMITED                                      
      William CHENG Kai Man                                                   
      Chairman                                                                
                                                                              
    Hong Kong, 25 April 2005                                                  
                                                                              
    As at the date hereof, the Boards comprise of 3 executive Directors,      
    namely Mr. William CHENG Kai Man, Mr. Albert HUI Wing Ho and Mr. FUNG     
    Chi Keung, 2 non-executive Directors, namely Mr. David CHENG Kai Ho and   
    Madam Mabel LUI FUNG Mei Yee and 3 independent non-executive Directors,   
    namely Mr. Vincent KWOK Chi Sun, Mr. CHAN Kim Fai and Mr. HUI Kin Hing.