11:11     CHAMPION TECH<00092> - Announcement (8)                             

    Bonds and the exercise in full of Subscription Right                      
    in respect of the Original Tranche 1 Bonds and the                        
    Tranche 2 Bonds based on their respective Fixed                           
    Conversion Prices, and the full conversion of the                         
    Additional Tranche 1 Bonds and the exercise in full                       
    of the Subscription Right in respect of the Additional                    
    Tranche 1 Bonds with reference to the maximum number                      
    of Shares that may be issued under the Existing                           
    General Mandate as mentioned above will be as follows:                    
                                                                              
            No. of Shares                                                     
    No. of Shares           held by CSFB                                      
    held by Lawnside                (assuming CSFB                            
    (assuming               has not disposed of                               
    Lawnside will not               any Shares received             No. of    
    Shares                                                                    
    acquire                 pursuant to             held by public            
    further Shares          such conversion or                                
            excluding CSFB                                                    
    Total no. of            and no further          exercise of               
    such            (assuming no further                                      
    issued Shares           Shares are issued) and                            
            Subscription Right) and                 Shares are issued)        
    and                                                                       
    (assuming no further            approximate percentage                    
            approximate percentage          approximate percentage            
    Shares are issued)              of shareholding         of                
    shareholding            of shareholding                                   
                                                                              
    As at the date of this announcement     1,232,597,251                     
            350,601,078             21,432,067              860,564,106       
    (28.44%)                (1.74%)         (69.82%)                          
                                                                              
    Upon full conversion of the remaining Original                            
    Tranche 1 Bonds 1,473,168,151           350,601,078                       
            262,002,967             860,564,106                               
      (based on the respective Fixed Conversion Price),                       
    the remaining Tranche 2 Bonds                   (23.80%)                  
            (17.78%)                (58.42%)                                  
      (based on the respective Fixed Conversion Price) and                    
    the Additional Tranche 1 Bonds                                            
      (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 1,488,948,968           350,601,078                       
            277,783,784             860,564,106                               
      (based on the respective Fixed Conversion Price),                       
    the remaining Tranche 2 Bonds                   (23.55%)                  
            (18.65%)                (57.80%)                                  
      (based on the respective Fixed Conversion Price) and                    
    the Additional Tranche 1 Bonds                                            
      and 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                                            
                                                                              
    LISTING                                                                   
    No application will be made for the listing of, or                        
    permission to deal in, the Additional Tranche 1 Bonds                     
    and the Subscription Right on the Stock Exchange or                       
    any other stock exchange. Application will be made                        
    to the Listing Committee of the Stock Exchange for                        
    the listing of, and permission to deal in, the Shares                     
    to be issued upon conversion of the Additional Tranche                    
    1 Bonds or upon exercise of the Subscription Right                        
    in respect of the Additional Tranche 1 Bonds.