10:34     NGAI HING HONG<01047> - Announcement & Resumption (10)              

                                   from the Open Offer as may be              
                                   determined by the Board                    
                                   pursuant to Rule 13.36(2)(a)               
                                   of the Listing Rules                       
    `HK$'                          Hong Kong dollars                          
    `%'                            per cent.                                  
                                                                              
                                                                              
                                                                              
    By order of the Board                                                     
    Ngai Hing Hong Company Limited                                            
    Hui Sai Chung                                                             
    Chairman                                                                  
                                                                              
                                                                              
    Hong Kong, 11 May 2005