09:16     GORIENT<00729> - Announcement & Resumption of Trading (3)           

    or acquisitions. As at the date of this announcement, the Group has       
    not yet identified any particular targets for acquisition and/or          
    investment plans. Should any of these plans or investments                
    materializes, the Company will comply with the requirements under the     
    Listing Rules as and when appropriate. The Directors believe that the     
    Placing is in the interests of the Company and its shareholders as a      
    whole as it represents a good opportunity for the Company to raise        
    additional capital and broaden its shareholders base.                     
                                                                              
    Potential dilution to the shareholding of the Independent Shareholders    
                                                                              
    The following table sets out the shareholding structures of the           
    Company before and immediately after the Placing:                         
                                                                              
                    Immediately after                                         
    Shareholders        Existing Shareholding        completion of the        
    Placing                                                                   
            Number of Shares                %                Number of        
    Shares                %                                                   
                                                                              
    Star Metro (note 1)        410,000,000                23.74               
    410,000,000                19.78                                          
                                                                              
    Power Assets (note 2)        103,027,919                5.96              
    103,027,919                4.97                                           
                                                                              
    CITIC International                                                       
      Assets Management        208,000,000                12.04               
    208,000,000                10.03                                          
                                                                              
    Mr. Gouw Hiap Kian (note 3)        2,040,000                0.12          
    2,040,000                0.10                                             
                                                                              
    Mr. Lo Mun Lam, Raymond                                                   
      (note 4)        2,400,000                0.14                           
    2,400,000                0.12                                             
                                                                              
    Mr. Ko Sai Kit, Larry (note 5)        160,000                0.01         
    160,000                0.01                                               
                                                                              
    Existing public Shareholders        1,001,549,247                57.99    
    1,001,549,247                48.32                                        
                                                                              
    Placing Shares to be issued        -                 0.00                 
    345,000,000                16.65                                          
            ---------------------------------------------------------------   
    Total        1,727,177,166                100.00                          
    3,072,177,166                100.00                                       
            ===============================================================   
                                                                              
    Note:                                                                     
                                                                              
    1.        Star Metro is a company incorporated in the British Virgin      
    Islands, and its entire issued share capital is owned by two executive    
    Directors, Mr. Loo Chung Keung, Steve and Mr. Chan Wai Ming as to 50%     
    and 50% respectively.                                                     
                                                                              
    2.        Power Assets is a company incorporated in the British Virgin    
    Islands, and its entire issued share capital is wholly- owned by the      
    Gouw Family Trust, in which Mr. Gouw Kar Yiu, Carl and Ms. Gouw San       
    Bo, Elizabeth, both being non-executive Directors, are deemed to have     
    interests.                                                                
                                                                              
    3.        Mr. Gouw Hiap Kian, the founder of the Gouw Family Trust and    
    the father of Mr. Gouw Kar Yiu, Carl and Ms. Gouw San Bo, Elizabeth.      
                                                                              
    4.        Mr. Lo Mun Lam, Raymond resigned as non-executive Director      
    of the Company with effect from 9 March 2005.                             
                                                                              
    5.        Mr. Ko Sai Kit, Larry resigned as non-executive Director of     
    the Company with effect from 22 March 2005.                               
                                                                              
    FUND-RAISING ACTIVITIES BY THE COMPANY DURING THE PAST 12 MONTHS          
    immediately preceding the date of this announcement                       
                                                                              
                                                    Approximate %             
                                                    of the total              
                                                    issued share              
                                                    capital of the            
                                                    Company                   
                            Placees/        Amount of                as at    
    the                Actual