09:14     LENOVO GROUP<00992> - Announcement (2)                              

    agreement, IBM has a material interest in the Investment Agreement and    
    was therefore required to abstain from voting in favour of the            
    resolutions proposed at the EGM. As at the date of the EGM, IBM was       
    interested in 821,234,569 Shares (with voting rights) and 921,636,459     
    Non-voting Shares. IBM abstained from voting on the resolutions at the    
    EGM.                                                                      
                                                                              
    (3)  Abacus Share Registrars Limited, the share registrar of the          
    Company, was appointed as scrutineer for the purpose of the poll taken    
    at the EGM.                                                               
                                                                              
    TRADING ARRANGEMENT                                                       
                                                                              
    Following the creation of the Convertible Preferred Shares, the capital   
    of the Company is divided into different classes of shares. In            
    compliance with the requirements of the Companies Ordinance and           
    paragraph 5(3) of Part B of Appendix 2 to the Listing Rules, share        
    certificates issued on or after the date of the EGM will contain a        
    statement that the share capital of the Company is divided into           
    different classes of shares. All existing share certificates in issue     
    which do not contain such a statement will continue to be evidence of     
    title to the shares of the Company and will continue to be valid for      
    trading, settlement and delivery for the same number of shares in the     
    Company. There will be no special arrangement for free exchange of the    
    existing share certificates of the Company for new share certificates     
    printed with the inclusion of a statement that the Company's share        
    capital is divided into different classes of shares.                      
                                                                              
    By order of the Board                                                     
    Yang Yuanqing                                                             
    Chairman                                                                  
                                                                              
    Hong Kong, 13 May 2005                                                    
                                                                              
    As at the date of this announcement, the Board comprises three            
    Executive Directors, namely Mr Yang Yuanqing, Mr Stephen Maurice Ward,    
    Jr., and Ms Ma Xuezheng; two Non-Executive Directors, namely Mr Liu       
    Chuanzhi and Mr Zhu Linan; and three Independent Non-Executive            
    Directors, namely Mr Wong Wai Ming, Professor Woo Chia-Wei and Mr Ting    
    Lee Sen.