09:41     LENOVO GROUP<00992> - Announcement (3)                              

              Percentage of  Percentage of  Percentage of                     
              enlarged  enlarged  enlarged                                    
             Percentage of  ordinary share  ordinary share  ordinary share    
            enlarged  capital including  capital including  capital           
    including        ordinary share    Non-voting   Non-voting   Non-voting   
            capital including   Shares and  Shares and  Shares and            
        Percentage of  Percentage of   Non-voting  assuming full  assuming    
    full  assuming full    voting rights  voting rights  Shares and           
    conversion of  exercise of  conversion of    assuming no  assuming full   
     assuming  Convertible  Warrants but  Convertible    exercise of          
    exercise of   no conversion of  Preferred Shares  no conversion           
    Preferred Shares  Number and  Warrants  Warrants  Convertible  but no     
    exercise  of Convertible  and full exercise   class of shares             
    (approx.)  (approx.)  Preferred Shares  of Warrants  Preferred Shares     
    of Warrants   (Note 1)  (Note 2)    (approx.)  (approx.)  (approx.)       
    (approx.)                                                                 
                                                                              
    Legend Holdings Limited  4,227,379,971 Shares  44.9%  40.4%  45.8%        
    41.4%  44.7%    40.4%                                                     
                                                                              
    IBM (Note 3)  931,870,515 Shares,  9.9%  16.7%  18.9%  17.0%              
    18.4%   16.7%  811,000,513 Non-voting Shares                              
                                                                              
    TPG  1,560,000 Convertible  6.1%  0.5%  0%  5.6%  1.4%  6.8%              
      Preferred Shares                                                        
                                                                              
    General Atlantic Group  780,000 Convertible  3.0%  30.6%  0%  2.8%        
    0.7%    3.4%  Preferred Shares                                            
                                                                              
    Newbridge Capital Group  390,000 Convertible  1.5%  6.8%  0%  1.4%        
    0.4%    1.7%  Preferred Shares                                            
                                                                              
    Directors  53,980,000 Shares  0.6%  3.4%  0.6%  0.5%  0.6%      0.5%      
                                                                              
    Public  3,197,768,137 Shares  34.0%  1.7%  34.7%  31.3%  33.8%  30.5%     
                                                                              
                                                                              
        100%  100%  100%  100%  100%        100%                              
                                                                              
                                                                              
    Notes:                                                                    
                                                                              
    1.  Each Convertible Preferred Share may be voted on an "as if"           
    converted basis. Holders of the Convertible Preferred Shares will have    
    the right to one vote for each whole Share into which a Convertible       
    Preferred Share is convertible at the close of business on the record     
    day for any meeting of Shareholders at which such Convertible Preferred   
    Shares will be voted. Each Convertible Preferred Share is convertible     
    into a number of Shares equal to the Stated Value of the Convertible      
    Preferred Shares of HK$1,000 each divided by HK$2.725, subject to         
    certain anti-dilution adjustments as summarised in the Circular.          
                                                                              
    2.  As the Convertible Preferred Shares carry voting rights on an "as     
    if" converted basis, these percentages would not change even after the    
    conversion of the Convertible Preferred Shares.                           
                                                                              
    3.  Upon the allotment and issue of the Convertible Preferred Shares,     
    110,635,946 Non-voting Shares held by IBM were converted into an equal    
    number of Shares so that IBM's percentage holding of voting rights in     
    the Company remained at approximately 9.9%. Prior to the aforesaid        
    conversion, IBM held 821,234,569 Shares and 921,636,459 Non-voting        
    Shares.                                                                   
                                                                              
    APPOINTMENT OF DIRECTORS                                                  
                                                                              
    As disclosed in the Announcement and the Circular, pursuant to the        
    terms of the Investment Agreement, TPG and the General Atlantic Group     
    are respectively entitled to designate two Directors and one Director     
    to the Board with effect from Closing. The Board is pleased to announce   
    that Mr James G. Coulter and Mr Shan Weijian, both nominated by TPG,      
    and Mr William Otto Grabe, nominated by the General Atlantic Group,       
    have been appointed as Directors with effect from Closing.                
                                                                              
    Further, with effect from Closing, Mr Justin T Chang, Mr Ricky Wai Kei    
    Lau and Mr Vince Feng have been appointed as alternate Directors to Mr    
    James G. Coulter, Mr Shan Weijian and Mr William Otto Grabe               
    respectively.                                                             
                                                                              
    Mr James G. Coulter, age 45, has been appointed as a Non-executive        
    Director with effect from Closing. Mr Coulter is a founding partner of    
    TPG. Prior to forming TPG, Mr Coulter was a Vice President of Keystone    
    Inc and a financial analyst with Lehman Brothers Kuhn Leob Inc. Mr        
    Coulter serves on the boards of directors of Seagate Technology Inc       
    (NYSE listed) and Zhone Technologies Inc (NASDAQ listed). Mr Coulter