09:54 BAUHAUS INTERNATIONAL (HOLDINGS) LIMITED<00483> - Ann. (6) For wholly or partially successful applicants applying through their designated CCASS Broker/Custodian Participants (other than CCASS Investor Participants), such applicants can check the number of Public Offer Shares allotted to them with that CCASS Participant. For wholly or partially successful applicants applying as CCASS Investor Participants, such applicants should check this announcement and report any discrepancies to HKSCC before 12:00 noon on 11th May, 2005 or such other date as shall be determined by HKSCC or HKSCC Nominees Limited. Such applicants can check the new account balance via the CCASS Phone System and CCASS Internet System (under the procedures contained in HKSCC's ``An Operating Guide for Investor Participants'' in effect from time to time) immediately after the credit of the Public Offer Shares to their stock accounts (if they have applied using YELLOW application forms). HKSCC will also make available to such applicants activity statements showing the number of Public Offer Shares credited to their CCASS Investor Participant stock accounts. PLACING The 81,900,000 Placing Shares initially available for subscription under the Placing have been significantly over-subscribed. Apart from the 45,500,000 Shares subscribed for or purchased under the Placing (after re-allocation), SHKIS (on behalf of the Joint Lead Managers and the Underwriters) has over-allocated an aggregate of 13,650,000 Shares under the Placing. The settlement of such over-allocations will be effected by the stock borrowing arrangement pursuant to the Stock Borrowing Agreement. As a result of the application of the clawback mechanism, the total number of the Placing Shares for subscription under the Placing has been reduced to 45,500,000 Shares, representing 50% of the total number of Offer Shares. Subject to satisfaction of the conditions set out in the section headed ``Structure of the Share Offer'' in the Prospectus, all Placing Shares will be allotted in full. The Company has been advised that no placee will, individually, hold more than 10% of the enlarged issued share capital of the Company, or become a substantial shareholder of the Company, immediately after the Share Offer. In connection with the Share Offer, the Company has granted to SHKIS (for and on behalf of the Sponsor, the Joint Lead Managers and the Underwriters) the Over-allotment Option (which will expire on a date which is 30 days from the date of the Prospectus) pursuant to which the Company may be required to allot and issue up to 13,650,000 additional new Shares to cover any over-allocation in the Placing. If the Over-allotment Option is exercised in full, the additional new Shares will represent approximately 3.9% of the Company's enlarged issued share capital upon exercise in full of the Over-allotment Option. Where the Over-allotment Option is exercised, a press announcement will be made. COMMENCEMENT OF DEALINGS Subject to the conditions set out in the section headed ``Structure of the Share Offer'' in the Prospectus, dealings in the Shares on the main board of the Stock Exchange are expected to commence at 9:30 a.m. on 12th May, 2005. Shares will be traded in board lots of 2,000 Shares. GENERAL INFORMATION As at date of this announcement, the executive Directors are Mr. Wong Yui Lam, Madam Tong She Man, Winnie, Madam Lee Yuk Ming and Mr. Yeung Yat Hang; the independent non-executive Directors are Dr. Wong Yun Kuen, Mr. Chu To Ki and Mr. Mak Wing Kit. By Order of the Board Bauhaus International (Holdings) Limited Mr. Wong Yui Lam Chairman Hong Kong, 10th May, 2005