10:15     HANNY HOLDINGS<00275> & CHINA STRATEGIC<00235> - J. Ann. (3)        

    arrived at after due and careful consideration and there are no other     
    facts not contained in this announcement, the omission of which would     
    make any statement in this announcement misleading.                       
                                                                              
    The directors of Hanny jointly and severally accept full                  
    responsibility for the accuracy of the information contained in this      
    announcement other than that relating to the Offeror and the China        
    Strategic Group and confirm, having made all reasonable enquiries,        
    that to the best of their knowledge, opinions expressed in this           
    announcement other than those relating to Offeror and the China           
    Strategic Group have been arrived at after due and careful                
    consideration and there are no other facts not contained in this          
    announcement, the omission of which would make any statement in this      
    announcement misleading.                                                  
                                                                              
    The directors of China Strategic jointly and severally accept full        
    responsibility for the accuracy of the information contained in this      
    announcement other than that relating to the Offeror and the Hanny        
    Group and confirm, having made all reasonable enquiries, that to the      
    best of their knowledge, opinions expressed in this announcement other    
    than those relating to the Offeror and the Hanny Group have been          
    arrived at after due and careful consideration and there are no other     
    facts not contained in this announcement, the omission of which would     
    make any statement in this announcement misleading.