09:51     GUANGZHOU PHAR<00874> - Announcement (6)                            

    "Listing Rules" Rules Governing the Listing of Securities on The Stock    
    Exchange of Hong Kong Limited                                             
                                                                              
    "PRC" The Peoples' Republic of China                                      
                                                                              
    "Purchase purchases of pharmaceutical products, pharmaceutical raw        
    materials, medical apparatus and                                          
    Transactions" packaging materials by the Group from the GPHL Group        
    which are regarded as continuing                                          
    connected transactions under the Listing Rules                            
                                                                              
    "RMB" Renminbi, the lawful currency of the PRC                            
                                                                              
    "Sale Transactions" sales of pharmaceutical products, pharmaceutical      
    raw materials, medical apparatus and packaging materials by the Group     
    to the GPHL Group which are regarded as continuing connected              
    transactions under the Listing Rules                                      
                                                                              
    "Shareholders" holders of shares of RMB1 each in the capital of the       
    Company                                                                   
                                                                              
    "Stock Exchange" The Stock Exchange of Hong Kong Limited                  
                                                                              
    "substantial  has the meaning ascribed to it under the Listing Rules      
    shareholder(s)"                                                           
                                                                              
    "Trading  the Sale Transactions and the Purchase Transactions             
    Transactions"                                                             
                                                                              
    "%" per cent.                                                             
                                                                              
    In this announcement, unless otherwise specified, amounts in RMB are      
    converted to HK$ at a conversion rate of HK$1.00=RMB1.06 for              
    illustration only. No representation is made that any amounts in RMB      
    or HK$ could have been or could be converted at such rate or any other    
    rates.                                                                    
                                                                              
                                                                              
                                                                              
    By order of the Board                                                     
    He Shuhua                                                                 
    Company Secretary                                                         
                                                                              
    Guangzhou, the PRC, 27 April  2005                                        
                                                                              
    As at the date of this announcement, the Board comprises Mr. Yang         
    Rongming, Mr. Zhou Yuejin, Mr. He Shuhua (who resigned on 27 April        
    2005) and Mr. Feng Zansheng as executive Directors, and Mr. Wu Zhang,     
    Mr. Wong Hin Wing and Mr. Zhang Heyong as independent non-executive       
    Directors.