09:10     KENFORD GROUP HOLDINGS LIMITED<00464> - Announcement (2)            

    Uncollected refund cheques will be dispatched promptly to applicants      
    after 1:00 p.m. on 23rd May, 2005 by ordinary post at the applicants'     
    own risk to the addresses specified in the relevant Application Forms.    
                                                                              
    Subject to the above, for applications on WHITE or YELLOW Application     
    Forms, refund cheques crossed "A/C Payee Only" in favour of the           
    applicant (or, in the case of joint applicants, first-named applicant)    
    for all application monies are expected to be posted on 23rd May, 2005.   
    Part of your Hong Kong Identity Card number/passport number, or, if you   
    are joint applicants, part of the Hong Kong Identity Card                 
    number/passport number of the first-named applicant, provided by you may  
     be printed on your refund cheque(s). For enquiries, please call the      
    hotline of Computershare Hong Kong Investor Services Limited at 2862      
    8555.                                                                     
                                                                              
    The Company would like to express gratitude to all investors who          
    expressed an interest in the Share Offer.                                 
                                                                              
    As at the date of this announcement, the executive directors of the       
    Company are Mr. Lam Wai Ming, Mr. Tam Chi Sang, Mr. Chan Kwok Tung,       
    Donny, and the independent non-executive directors of the Company are     
    Mr. Chiu Fan Wa, Mr. Li Chi Chung and Mr. Li Tat Wah.                     
                                                                              
    By order of the Board                                                     
    Kenford Group Holdings Limited                                            
    Lam Wai Ming                                                              
    Director                                                                  
                                                                              
    Hong Kong, 20th May, 2005