09:31     FOREFRONT INT'L<00885> - Announcement (4)                           

    "New Board"   the Board as it has been constituted on and from 17         
    September 2004;                                                           
                                                                              
    "NT$"   New Taiwanese dollars, the lawful currency of Taiwan, and for     
    the purpose of this announcement converted at an exchange rate of NT$4    
    to each HK$1;                                                             
                                                                              
    "PRC"   The People's Republic of China;                                   
                                                                              
    "RSM Nelson Wheeler"   RSM Nelson Wheeler Corporate Advisory Services     
    Limited;                                                                  
                                                                              
    "Scania"   Scania CV AB, Sweden;                                          
                                                                              
    "Scania Products"   Scania-brand heavy trucks, tractors and coaches, as   
    well as related spare parts and accessories                               
                                                                              
    "Shares"   issued shares in the capital of the Company; and               
                                                                              
    "Taiwan"   Taiwan, Republic of China.                                     
                                                                              
    As at the date of this announcement, the Board comprises Mr. Kelvin       
    Edward Flynn as sole executive director, Mr. Paul Gerard Davies and Mr.   
    Cosimo Borrelli as non-executive directors, and Mr. Lau Siu Ki, Kevin,    
    Mr. Cheong Ying Chew, Henry and Mr. Alistair Macleod as independent       
    non-executive Directors.                                                  
                                                                              
    By Order of the Board                                                     
    Kelvin Edward Flynn                                                       
    Executive director                                                        
                                                                              
    Hong Kong, 5 May 2005                                                     
                                                                              
    *  for identification purpose only