10:09     GOLDIGIT ATOM<02362> - Announcement & Resumption (4)                

    any, declared, made or paid on or after the date of                       
    this announcement.                                                        
                                                                              
    The Company does not currently have any outstanding                       
    warrant or options to acquire Shares or other                             
    securities which are convertible into Shares.                             
                                                                              
    Comparison of value                                                       
    The offer price of HK$0.10 per Offer Share represents:                    
                                                                              
    1.      a discount of approximately 33.8% to the closing                  
    price of approximately HK$0.151 per Share as quoted                       
    on the Stock Exchange on the Last Trading Day;                            
                                                                              
    2.      a discount of approximately 26.6% to the average                  
    closing price of approximately HK$0.1362 per Share                        
    for the 10 consecutive trading days up to and                             
    including the Last Trading Day;                                           
                                                                              
    3.      the approximate equivalent amount of the average                  
    closing price of approximately HK$0.1006 per Share                        
    for the 180 consecutive trading days up to and                            
    including the Last Trading Day;                                           
                                                                              
    4.      a discount of approximately 29.6% to the net                      
    tangible asset value per Share of approximately                           
    HK$0.142 as at 31 December 2004; and                                      
                                                                              
    5.      a discount of approximately 30.6% to the net asset                
    value per Share of approximately HK$0.144 as at 31                        
    December 2004.                                                            
                                                                              
    Highest and lowest Share prices                                           
    The highest and lowest closing prices of the Shares                       
    as quoted on the Stock Exchange during the six-month                      
    period preceding the Last Trading Day were HK$0.151                       
    per Share on 13 May 2005 and HK$0.066 per Share on                        
    18 November 2004.                                                         
                                                                              
    Total consideration                                                       
    On the basis of the offer price of HK$0.10 per Offer                      
    Share, the entire issued share capital of the Company                     
    of 1,699,860,000 Shares is valued at approximately                        
    HK$169,986,000. Based on 530,380,400 Shares subject                       
    to the Offer, the Offer is valued at approximately                        
    HK$53,038,040.                                                            
                                                                              
    The Offeror will settle its payment obligations under                     
    the Offer by its own resources out of the personal                        
    savings and borrowing (being an unsecured term loan                       
    of HK$53 million from the Lender) of its ultimate                         
    beneficial owner. The Lender confirmed that he does                       
    not hold any interests in the Shares or other                             
    securities of the Company within the meaning of Part                      
    XV of the SFO as at the date of this announcement,                        
    and is independent of and not connected with the                          
    directors, chief executives or substantial                                
    shareholders of the Company, the Vendor, the                              
    Purchasers, any of their respective subsidiaries, or                      
    an associate (as defined in the Listing Rules) of any                     
    of them. The Lender further confirmed that neither                        
    himself nor any parties acting in concert with him                        
    has dealt in any Shares during the six-month period                       
    immediately prior to the date of this announcement                        
    (other than acquisition of the Sale Shares by the                         
    Purchasers under the S&P Agreement).                                      
                                                                              
    Watterson Asia and China Everbright are satisfied                         
    that sufficient financial resources are available to                      
    the Offeror to satisfy full acceptance of the Offer.                      
                                                                              
    Stamp duty