09:45     CHINA SPECIAL STEEL HOLDINGS CO. LIMITED<02889> - Ann. (5)          

    Share certificates for Public Offer Shares allotted to wholly or          
    partially successful applicants who have applied on WHITE                 
    Application Forms for 1,000,000 Public Offer Shares or more but have      
    not indicated on the WHITE Application Forms that they will collect       
    their Share certificates in person will be sent to those entitled         
    to the address on their Application Forms on Wednesday, 18 May 2005       
    by ordinary post and at their own risk.                                   
                                                                              
    Applicants who have applied on WHITE Application Forms for 1,000,000      
    Public Offer Shares or more and have indicated in their Application       
    Forms that they wish to collect their Share certificates in person        
    may collect them between 9:00 a.m. and 1:00 p.m. on Wednesday, 18         
    May 2005 from Computershare Hong Kong Investor Services Limited at        
    Shops 1712--1716, 17th Floor, Hopewell Centre, 183 Queen's Road East,     
    Wanchai, Hong Kong.                                                       
                                                                              
    Please refer to the section headed ``Deposit of Share certificates        
    into CCASS'' below for wholly or partially successful applications        
    using YELLOW Application Forms.                                           
                                                                              
    Share certificates will only become valid certificates of title at        
    8:00 a.m. on the day on which dealings in the Shares commence on          
    the Stock Exchange provided that the Public Offer has become              
    unconditional in all respects and the rights of termination               
    described in the section headed ``Underwriting --- Public Offer ---       
    Grounds for termination of the Public Offer Underwriting                  
    Agreement'' in the Prospectus have not been exercised.                    
                                                                              
    Uncollected refund cheques and Share certificates                         
                                                                              
    Applicants being individuals who opt for personal collection of           
    refund cheques and Share certificates must not authorise any other        
    person to make collection on their behalf. Applicants being               
    corporations which opt for personal collection of refund cheques          
    and Share certificates must attend by their authorised                    
    representatives bearing letters of authorisation from their               
    corporations stamped with the corporations' respective chops. Both        
    individuals and authorised representatives (if applicable) must           
    produce, at the time of collection, evidence of identity acceptable       
    to Computershare Hong Kong Investor Services Limited.                     
                                                                              
    Uncollected refund cheques and Share certificates within the time         
    specified above for collection will be sent to the address specified      
    on the relevant Application Forms on Wednesday, 18 May 2005, by           
    ordinary post at the applicants' own risk.                                
                                                                              
    For enquiries, please call Computershare Hong Kong Investor               
    Services Limited at (852) 2862 8555.                                      
                                                                              
    DEPOSIT OF SHARE CERTIFICATES INTO CCASS                                  
                                                                              
    For wholly or partially successful applicants using YELLOW                
    Application Forms who are allocated Public Offer Shares in the name       
    of HKSCC Nominees Limited, the allocated Public Offer Shares will         
    be deposited into CCASS for credit to their CCASS investor                
    participants' stock accounts or the applicants' designated CCASS          
    participants' stock accounts (as instructed by the applicant) at          
    the close of business on Wednesday, 18 May 2005 or, under certain         
    contingent situations, on any other date as shall be determined by        
    HKSCC or HKSCC Nominees Limited.                                          
                                                                              
    For wholly or partially successful applicants applying through            
    their designated CCASS participants (other than CCASS investor            
    participants), such applicants should check the number of Public          
    Offer Shares allotted to them with their respective CCASS                 
    participants.                                                             
                                                                              
    For wholly or partially successful applicants applying as CCASS           
    investor participants, such applicants should check this                  
    announcement on Wednesday, 18 May 2005 and report any discrepancies       
    to HKSCC before 5:00 p.m. on Wednesday, 18 May 2005 or such other         
    date as shall be determined by HKSCC or HKSCC Nominees Limited.           
    Immediately after the credit of Public Offer Shares to their CCASS        
    investor participants accounts, such applicants can check the new         
    account balance via the CCASS Phone System and CCASS Internet System      
    (under the procedures contained in HKSCC's ``An Operating Guide for       
    Investor Participants'' in effect from time to time). The Company         
    understands that HKSCC will also make available to such applicants        
    activity statements showing the number of Public Offer Shares             
    credited to their CCASS investor participants' stock accounts.