11:11     CHAMPION TECH<00092> - Announcement (7)                             

    (28.44%)                (1.74%)         (69.82%)                          
                                                                              
    Upon full conversion of the remaining Original                            
    Tranche 1 Bonds and     1,238,441,371           350,601,078               
            27,276,187              860,564,106                               
      the remaining Tranche 2 Bonds (assuming no Shares                       
    are issued pursuant                     (28.31%)                (2.20%)   
            (69.49%)                                                          
      to the conversion of the Additional Tranche 1 Bonds                     
    or the exercise of the                                                    
      Subscription Right in respect of the Original                           
    Tranche 1 Bonds,                                                          
      the Tranche 2 Bonds or the Additional Tranche 1 Bonds)                  
                                                                              
                                                                              
    Upon full conversion of the remaining Original                            
    Tranche 1 Bonds,        1,249,272,791           350,601,078               
            38,107,607              860,564,106                               
      the remaining Tranche 2 Bonds and the exercise in                       
    full of the                     (28.06%)                (3.05%)         ( 
    68.89%)                                                                   
      Subscription Right in respect of the Original                           
    Tranche 1 Bonds                                                           
      and the Tranche 2 Bonds (assuming no Shares are                         
    issued pursuant                                                           
      to the conversion of the Additional Tranche 1 Bonds                     
    or the exercise of the                                                    
      Subscription Right in respect of the Additional                         
    Tranche 1 Bonds)                                                          
                                                                              
    Upon full conversion of the remaining Original                            
    Tranche 1 Bonds,        1,264,838,155           350,601,078               
            53,672,971              860,564,106                               
      the remaining Tranche 2 Bonds and the Additional                        
    Tranche 1 Bonds                 (27.72%)                (4.24%)           
            (68.04%)                                                          
      (assuming no Shares are issued pursuant to the                          
    exercise of the Subscription Right                                        
      in respect of the Original Tranche 1 Bonds, the                         
    Tranche 2 Bonds                                                           
      or the Additional Tranche 1 Bonds)                                      
                                                                              
    Upon full conversion of the remaining Original                            
    Tranche 1 Bonds,        1,280,618,972           350,601,078               
            69,453,788              860,564,106                               
      the remaining Tranche 2 Bonds and the Additional                        
    Tranche 1 Bonds and                     (27.38%)                (5.42%)   
            (67.20%)                                                          
      the exercise in full of the Subscription Right in                       
    respect of the                                                            
      Original Tranche 1 Bonds, the Tranche 2 Bonds and                       
    the Additional Tranche 1 Bonds                                            
                                                                              
    The change in shareholding structure of the Company                       
    before and after the conversion of the Additional                         
    Tranche 1 Bonds and the exercise of the relevant                          
    Subscription Right based on the Floating Conversion                       
    Price cannot be ascertained at present because the                        
    Floating Conversion Price can only be determined when                     
    the notice of conversion is issued by CSFB. In any                        
    event, the total number of Shares to be issued                            
    pursuant to the conversion of the Additional Tranche                      
    1 Bonds and the exercise of the Subscription Right                        
    in respect of the Additional Tranche 1 Bonds will not                     
    exceed 239,676,177 Shares, i.e. the threshold of the                      
    Existing General Mandate. CSFB has been informed by                       
    the Company that it will exercise the Downside Option                     
    to redeem the Additional Tranche 1 Bonds if the number                    
    of Shares to be issued pursuant to the conversion of                      
    the Additional Tranche 1 Bonds and the exercise of                        
    the Subscription Right in respect of the Additional                       
    Tranche 1 Bonds will exceed 239,676,177 Shares.                           
                                                                              
    The maximum dilution effect of the full conversion                        
    of the Original Tranche 1 Bonds and the Tranche 2