09:32 LENOVO GROUP<00992> - Announcement & Resumption (8) if thought fit, approving, among other things, the Share Repurchase "General Atlantic Group" collectively, General Atlantic Partners (Bermuda), L.P., GAPSTAR, LLC, GAP Coinvestments III, LLC, GAP Coinvestments IV, LLC and GAPCO GmbH & Co. KG and affiliates that are under common control with such entities "Group" the Company and its subsidiaries "HK$" Hong Kong Dollars, the lawful currency of Hong Kong "Hong Kong" the Hong Kong Special Administrative Region of the People's Republic of China "IBM" International Business Machines Corporation "IBM Acquisition" the Group's acquisition of IBM's global desktop computer and notebook computer business, details of which are contained in the IBM Circular "IBM Circular" the circular of the Company in relation to the IBM Acquisition dated 31 December 2004 "Independent Board Committee" the independent committee of the board of directors of the Company appointed to advise the Independent Shareholders "Independent Shareholders" shareholders who do not have any material interest in the Share Repurchase, being shareholders other than IBM and such other shareholders that are deemed by the SFC or the Stock Exchange to be interested in the Share Repurchase and their respective concert parties and associates "Initial Closing" initial closing of the IBM Acquisition on 30 April 2005 in accordance with the terms of the Asset Purchase Agreement "Investment Agreement" the investment agreement entered into between the Company and the Investors dated 30 March 2005 in relation to the issue of the Convertible Preferred Shares and the Warrants "Investment Agreement Closing Date" the date on which closing of the Investment Agreement takes place in accordance with its terms "Investors" TPG IV Acquisition Company LLC, General Atlantic Partners (Bermuda), L.P., GAPSTAR, LLC, GAP Coinvestments III, LLC, GAP Coinvestments IV, LLC, GAPCO GmbH & Co. KG and Newbridge Asia Acquisition Company LLC; and the term "Investor" shall mean any one of them "Issue Price" the price of HK$2.675 per Share and Non-voting Share "Listing Rules" the Rules Governing the Listing of Securities on the Stock Exchange "Major Shareholder" Legend Holdings Limited, the controlling shareholder of the Company holding approximately 45.9% of all the Shares in issue as at the date hereof "Newbridge Capital Group" collectively Newbridge Asia Acquisition Company LLC and affiliates that are under common control with such entity "Non-voting Shares" ordinary unlisted shares of par value HK$0.025 each in the share capital of the Company, which have the same rights as the Shares save that the Non-voting Shares shall not carry any voting rights until they are converted into Shares "Repurchase Agreement" the agreement dated 1 May 2005 entered into between the Company and IBM in relation to the Share Repurchase "SFC" the Securities and Futures Commission "Shares" ordinary shares of nominal value of HK$0.025 each in the share capital of the Company "Share Repurchase" the purchase of 435,717,757 Excess Shares, constituting Non-voting Shares, by the Company from IBM pursuant to the Repurchase Agreement "Share Repurchase Code" the Hong Kong Code on Share Repurchases "Share Repurchase Price" HK$2.725 per Excess Share "Shareholders" holders of the Shares and Convertible Preferred Shares