10:31     NGAI HING HONG<01047> - Announcement & Resumption (6)               

    caution when dealing in the Shares and are advised to consult their       
    professional advisers if they are in any doubt about their positions.     
                                                                              
                                                                              
    Shareholders should note that the Shares will be dealt with on an         
    ex-entitlement basis commencing from Monday, 23 May 2005 and that         
    dealings in such Shares will take place while the conditions to which     
    the Underwriting Agreement is subject remain unfulfilled. Any             
    Shareholder or other person dealing in such Shares up to the date on      
    which all conditions to which the Open Offer is subject are fulfilled     
    (which is expected to be on or before 4:00 p.m. on Monday, 13 June        
    2005), will accordingly bear the risk that the Open Offer cannot          
    become unconditional and may not proceed.                                 
                                                                              
    Shareholding structure of the Company                                     
    The following is the shareholding structure of the Company (i)            
    before completion of the Open Offer; (ii) immediately following           
    completion of the Open Offer assuming all Qualifying Shareholders         
    have taken up their respective entitlement in full;and (iii)              
    immediately following completion of the Open Offer assuming that no       
    Qualifying Shareholder takes up his/her/its entitlement under the         
    Open Offer except for Good Benefit Limited, Ever Win Limited,             
    Evergrow Company Limited, Mr. Hui Sai Chung, Mr. Hui Kwok Kwong and       
    Madam Liu Sau Lai:                                                        
                                                                              
                        Before              Immediate           Immediate     
                        completio           ly                  ly            
                        n of the            following           following     
                        Open                                                  
                        Offer               completio           completio     
                                            n of the            n of the      
                                            Open                Open          
                                            Offer               Offer         
                                            assuming            assuming      
                                            that all            that no       
                                            Qualifyin           Qualifyin     
                                            g                   g             
                                            Sharehold           Sharehold     
                                            ers have            er takes      
                                            taken up            up            
                                            their               his/her/i     
                                            respectiv           ts            
                                            e                   entitleme     
                                            entitleme           nt under      
                                            nt in               the Open      
                                            full                Offer         
                                                                except        
                                                                for Good      
                                                                Benefit       
                                                                Limited,      
                                                                Ever Win      
                                                                Limited,      
                                                                Evergrow      
                                                                Company       
                                                                Limited,      
                                                                Mr. Hui       
                                                                Sai           
                                                                Chung,        
                                                                Mr. Hui       
                                                                Kwok          
                                                                Kwong         
                                                                and           
                                                                Madam         
                                                                Liu Sau       
                                                                Lai           
                                                                              
              Number    Sharehold Number    Sharehold Number    Sharehold     
              of        ing       of        ing       of        ing           
              Shares              Shares              Shares                  
                        (%)                 (%)                 (%)           
                                                                              
    Good      153,000,0 51.0      183,600,0 51.0      206,438,5 57.3          
    Benefit   00                  00                  00                      
    Limited                                                                   
    (Note                                                                     
    1)                                                                        
    Ever Win  5,000,000 1.7       6,000,000 1.7       6,000,000 1.7           
    Limited                                                                   
    (Note                                                                     
    2)                                                                        
    Evergrow  1,735,000 0.6       2,082,000 0.6       2,082,000 0.6           
    Company                                                                   
    Limited                                                                   
    (Note                                                                     
    3)                                                                        
    Mr. Hui   12,268,00 4.1       14,721,60 4.1       14,721,60 4.1           
    Sai       0                   0                   0                       
    Chung                                                                     
    Mr. Hui   12,702,00 4.2       15,242,40 4.2       15,242,40 4.2           
    Kwok      0                   0                   0                       
    Kwong                                                                     
    Madam     1,102,500 0.4       1,323,000 0.4       1,323,000 0.4           
    Liu Sau                                                                   
    Lai