09:50     HANG FUNG GOLD<00870> - Announcement (3)                            

    form, are expected to commence at 9:30 a.m. on Tuesday, 3 May 2005.       
                                                                              
                                                                              
                                                                              
    By Order of the Board                                                     
    Hang Fung Gold Technology Limited                                         
    Lam Sai Wing                                                              
    Chairman                                                                  
                                                                              
    Hong Kong, 26 April 2005                                                  
                                                                              
    As at the date hereof, the Board comprises six directors, of which        
    Mr. Lam Sai Wing and Ms. Chan Yam Fai, Jane are executive Directors,      
    Mr. Wong Kwong Chi is a non-executive Director and Mr. Liu Ngai Wing,     
    Mr. Lee Kok Keung and Mr. Lou Ping Ho are independent non-executive       
    Directors.                                                                
                                                                              
    The Directors jointly and severally accept full responsibility for the    
    accuracy of the information contained in this announcement and confirm    
    having made all reasonable enquiries, that to the best of their           
    knowledge, opinions expressed in this announcement have been arrived at   
    after due and careful consideration and there are no other facts not      
    contained in this announcement, the omission of which would make any      
    statement in this announcement misleading.