10:23     SINOLINK HOLD<01168> - Announcement                                 

    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.                   
                                                                              
    SINOLINK WORLDWIDE HOLDINGS LIMITED                                       
    (Incorporated in Bermuda with limited liability)                          
    (Stock Code: 1168)                                                        
                                                                              
    DELAY IN DESPATCH OF CIRCULAR IN RELATION TO                              
    (1) MAJOR TRANSACTION - DISPOSAL OF INTERESTS IN                          
    KENSON INVESTMENT LIMITED AND                                             
    SUPREME ALL INVESTMENTS LIMITED                                           
    AND                                                                       
    (2) DISCLOSEABLE TRANSACTION - PLACING OF                                 
    EXISTING SHARES OF ENERCHINA HOLDINGS LIMITED                             
                                                                              
    The Company has applied to the Stock Exchange for waivers from strict     
    compliance with Rule 14.38 of the Listing Rules so that the deadline for  
    the despatch of the Circular in relation to the Disposal and the Placing  
    as announced on 7 April 2005 and 14 April 2005 respectively can be        
    extended to on or before 18 May 2005.                                     
                                                                              
    References are made to the joint announcement of the Company, Enerchina   
    Holdings Limited ("Enerchina") and Panva Gas Holdings Limited ("Panva     
    Gas") dated 7 April 2005 regarding the disposal of interests in Kenson    
    Investment Limited and Supreme All Investments Limited (the "Disposal     
    Announcement") and the joint announcement of the Company and Enerchina    
    dated 14 April 2005 regarding the placing of existing shares of           
    Enerchina to three independent placees (the "Placing Announcement").      
    Capitalised terms used herein shall have the same meanings as defined in  
    the Disposal Announcement and the Placing Announcement unless otherwise   
    defined herein.                                                           
                                                                              
    Pursuant to Rule 14.38 of the Listing Rules, the Company is required to   
    despatch the respective circulars in relation to the Disposal and the     
    Placing to the shareholders of the Company within 21 days after the       
    publication of the Disposal Announcement and the Placing Announcement     
    respectively, which shall be on or before 29 April 2005 (in the case of   
    the Disposal) and 5 May 2005 (in the case of the Placing). Details of     
    the Disposal and the Placing will be contained in the same circular to    
    be issued by the Company (the "Circular"). However, it is expected that   
    Panva Gas will release its first quarterly results for the three months   
    ended 31 March 2005 (the "Panva Results") on or about 11 May 2005 and     
    the Directors believe that the results will contain information that may  
    be material for the purpose of compiling the Circular. As such, the       
    Company has applied to the Stock Exchange for waivers from strict         
    compliance with Rule 14.38 of the Listing Rules and extensions of the     
    deadline for the despatch of the Circular in relation to the Disposal     
    and the Placing to on or before 18 May 2005 so that the Panva Results     
    can be included in the Circular.                                          
                                                                              
    By order of the board of                                                  
    SINOLINK WORLDWIDE HOLDINGS LIMITED                                       
    OU Yaping                                                                 
    Chairman                                                                  
                                                                              
    Hong Kong, 6 May 2005                                                     
                                                                              
    As at the date of this announcement, the board of directors of the        
    Company comprises:                                                        
                                                                              
    Executive Directors:        Independent Non-executive Directors:          
    OU Yaping (Chairman)            LI Zhi Xiang                              
    TANG Yui Man Francis (Chief Executive Officer)        XIN Luo Lin         
    CHEN Wei                        Davin A. MACKENZIE                        
    LAW Sze Lai