09:50 MACAU SUCCESS<00487>-Announcement & Resumption of Trading(8) "PRC" the People's Republic of China which, for the purpose of this announcement, excludes Hong Kong, Macau and Taiwan "Property Valuation" the property valuation as at 6 May 2005 on the Land Parcel prepared by Savills (Hong Kong) Limited, an independent professional property valuer "Sale Loan" the interest free shareholder's loan owing from Pier 16 - Property Development to Joy Idea with a face value of HK$1,250,000, being 50% of the total amount of the shareholder's loan provided by Joy Idea to Pier 16 - Property Development as at the date of the Agreement "Sale Shares" 12,250 shares beneficially owned by Joy Idea as at the date of this announcement, representing 12.25% of the entire issued share capital of Pier 16 - Property Development "Share(s)" ordinary share(s) of HK$0.01 each in the share capital of the Company "Share Consideration" HK$98 million, being the consideration payable for the purchase of the Sale Shares "Shareholder(s)" holder(s) of the Share(s) "SJM" Sociedade de Jogos de Macau, S.A., a company incorporated under the laws of Macau which is an Independent Third Party "SJM-Investimentos" SJM-Investimentos Limitada, a company incorporated under the laws of Macau with limited liability which is a wholly-owned subsidiary of SJM and is an Independent Third Party "Stock Exchange" The Stock Exchange of Hong Kong Limited "World Fortune" World Fortune Limited, a company incorporated in Hong Kong with limited liability which is an indirect wholly-owned subsidiary of the Company "HK$" Hong Kong dollar(s), the lawful currency of Hong Kong "MOP" Macau Pataca, the lawful currency of Macau "%" per cent. Unless otherwise stated, amounts denominated in MOP have been translated into HK$ in this announcement at a rate of MOP1.03=HK$1.0. No representation is made that any amounts in MOP and HK$ can be or could have been converted at such rate or any other rate or at all. By Order of the Board of Macau Success Limited Agnes N.Y. Chiu Company Secretary The current Board comprises: Executive Directors: Mr. Yeung Hoi Sing, Sonny Mr. Chan William Mr. Lee Siu Cheung Non-executive Director: Mr. Choi Kin Pui, Russelle Independent non-executive Directors: Mr. Luk Ka Yee, Patrick Mr. Yim Kai Pung Ms. Yeung Mo Sheung, Ann Hong Kong, 19 May 2005