09:18     TECHPACIFIC CAP<08088> - Unusual price movement                     

                                                                              
    This announcement is made at the request of the Stock                     
    Exchange of Hong Kong Limited.                                            
                                                                              
    The Stock Exchange of Hong Kong Limited takes no                          
    responsibility for the contents of this announcement,                     
    makes no representation as to its accuracy or                             
    completeness and expressly disclaims any liability                        
    whatsoever for any loss howsoever arising from or in                      
    reliance upon the whole or any part of the contents                       
    of this announcement.                                                     
                                                                              
    Techpacific Capital Limited                                               
    (Incorporated in the Cayman Islands with limited liability)               
    (Stock Code: 8088)                                                        
                                                                              
    ANNOUNCEMENT                                                              
                                                                              
    The Board of Directors (the "Board") of Techpacific                       
    Capital Limited (the "Company") has noted the                             
    increase in the price of the shares of the Company                        
    on 29 April 2005 and wishes to state that the Board                       
    is not aware of any reason for such increase save as                      
    disclosed below.                                                          
                                                                              
    The Board also confirms that there are no negotiations                    
    or agreements relating to intended acquisitions or                        
    realizations which are discloseable under Chapters                        
    19 and 20 of the Rules Governing the Listing of                           
    Securities on the Growth Enterprise Market (the "GEM")                    
    of the Stock Exchange (the "GEM Listing Rules"),                          
    neither is the Board aware of any matter discloseable                     
    under the general obligation imposed by Rule 17.10                        
    of the GEM Listing Rules, which is or may be of a                         
    price-sensitive nature.                                                   
                                                                              
    Made by the order of the Board, the Directors of which                    
    collectively and individually accept responsibility                       
    for the accuracy of this announcement.                                    
                                                                              
    By order of the Board                                                     
    Martin Angus                                                              
    Company Secretary                                                         
                                                                              
    Hong Kong, 29 April 2005                                                  
                                                                              
    As at the date of this announcement, the Directors                        
    of the Company are                                                        
                                                                              
    Executive Director: Johnny Chan Kok Chung                                 
                                                                              
    Non-Executive Directors: Ilyas Tariq Khan and Ahmad S. Al-Khaled          
                                                                              
    Independent Non-Executive Directors:    Daniel Yen Tzu Chen, Peter        
    McIntyre Koenig and Joseph Tong Tze Kay                                   
                                                                              
    This announcement for which the directors of the                          
    Company collectively and individually accept full                         
    responsibility, includes particulars given in                             
    compliance with the Rules Governing the Listing of                        
    Securities on the Growth Enterprise Market of The                         
    Stock Exchange of Hong Kong Limited for the purpose                       
    of giving information with regard to the Company. The                     
    Directors, having made all reasonable enquiries,                          
    confirm that, to the best of their knowledge and                          
    belief: (1) the information contained in this                             
    announcement is accurate and complete in all material                     
    respects and not misleading; (2) there are no other                       
    matters the omission of which would make any statement                    
    in this announcement misleading; and (3) all opinions                     
    expressed in this announcement have been arrived at after due and careful 
    consideration and are founded on bases and                                
    assumptions that are fair and reasonable.                                 
                                                                              
    This announcement will remain on the GEM website at                       
    http://www.hkgem.com on the "Latest Company                               
    Announcements" page for at least seven days from the                      
    date of its posting.