09:33     UNITY INV HOLD<00913>-Announcement&Resumption of Trading(8)         

    "Director(s)"  director(s) of the Company                                 
                                                                              
    "EGM"  an extraordinary general meeting of the Company to be convened     
    to approve, amongst other things, the issue of the Convertible Notes      
    and the allotment of Conversion Shares upon conversion                    
                                                                              
    "Group"  the Company and its subsidiaries                                 
                                                                              
    "Hong Kong"  Hong Kong Special Administrative Region of the People's      
    Republic of China                                                         
                                                                              
    "Last Trading Date"  13 May 2005                                          
                                                                              
    "Listing Rules"  the Rules Governing the Listing of Securities on the     
    Stock Exchange                                                            
                                                                              
    "Maturity Date"  a date falling 60 months from the issue date of the      
    Convertible Notes                                                         
                                                                              
    "New Shares"  an aggregate of 87,978,000 Shares to be placed pursuant     
    to the terms of the Share Placing Agreement                               
                                                                              
    "Placing Agent"  Get Nice Investment Limited, a corporation licensed by   
    the Securities and Future Commission of Hong Kong to conduct Type 1       
    (dealing in securities), Type 4 (advising on securities), Type 6          
    (advising on corporate finance) and Type 9 (advising on asset             
    management) regulated activities under the Securities and Futures         
    Ordinance (Chapter 571 of the Laws of Hong Kong)                          
                                                                              
    "Placing Price"  HK$0.041 per New Share                                   
                                                                              
    "Share Placing"  the Share placing of New Shares pursuant to the terms    
    of the Share Placing Agreement                                            
                                                                              
    "Share Placing Agreement"  the Share Placing Agreement dated 19 May       
    2005 entered into between the Company and the Placing Agent in relation   
    to the Share placing of the New Shares                                    
                                                                              
    "Share(s)"  ordinary share(s) of HK$0.01 each in the share capital of     
    the Company                                                               
                                                                              
    "Shareholder(s)"  holder(s) of the Share(s)                               
                                                                              
    "Stock Exchange"  The Stock Exchange of Hong Kong Limited                 
                                                                              
    "HK$"  Hong Kong dollar, the lawful currency of Hong Kong                 
                                                                              
    "%"  per cent.                                                            
                                                                              
    By order of the Board                                                     
    Unity Investments Holdings Limited                                        
    Pang Shuen Wai, Nichols                                                   
    Executive Director                                                        
                                                                              
    Hong Kong, 20 May 2005                                                    
                                                                              
    As at the date of this announcement, the Board comprises three            
    executive Directors, namely, Ms. Au Shuk Yee, Sue, Mr. Kitchell, Osman    
    Bin and Mr. Pang Shuen Wai, Nichols; and four independent non-executive   
    Directors, namely, Mr. Lam Ping Cheung, Mr. Wong Ying Seung, Asiong,      
    Mr. Chung Kong Fei, Stephen and Mr. Tsang Wing Ki.