09:27 GOLDBOND GROUP<00172> - Announcement (6) May 2005 "Business Day(s)" day(s) on which licensed banks are open for business in Hong Kong (excluding Saturdays and Sundays) "Company" Goldbond Group Holdings Limited, a company incorporated in Hong Kong with limited liability, the shares of which are listed on the Stock Exchange "Directors" directors of the Company "Distribution Agreement" an agreement entered into by Bateson, Wah Link, Sino Dynasty and Ace Intelligent dated 17 May 2005 in relation to distribution of arrangement fee received by Ace Intelligent to each of Bateson, Wah Link and Sino Dynasty "Facility" the loan facility of up to RMB148,977,000 (equivalent to approximately HK$140,544,340) "Funding Agreement" the funding agreement dated 17 May 2005 entered into between Nanjing International, the Lending Bank and the Company "Group" the Company and its subsidiaries "Lending Bank" the lending bank of the Loan Facility, which is an independent third party not connected with the directors, chief executive and substantial shareholders of the Company or any of its subsidiaries and/or their respective associates "Listing Rules" the Rules Governing the Listing of Securities on the Stock Exchange "Loan Agreement" the loan agreement dated 17 May 2005 entered into between Nanjing International and the Lending Bank in relation to the grant of the Facility "Nanjing Circular" the circular of the Company dated 24 December 2003 in relation to the acquisition of a 25% equity interest in Nanjing City Plaza by the Group "Nanjing City Plaza" * (Nanjing City Plaza Construction Co. Ltd.), a wholly foreign owned enterprise established in accordance with the laws of the PRC "Nanjing International" * (Nanjing International Group Limited), a company owned as to approximately 67% by Nanjing City Plaza "Nanjng Project" * and * (Nanjing International Center Phase I Project and Nanjing International Center Phase II Project) "Percentage Ratios" the percentage ratios under Rule 14.07 of the Listing Rules "PRC" the People's Republic of China "Sino Dynasty" Sino Dynasty Investments Limited, a wholly owned subsidiary of the Company "Stock Exchange" The Stock Exchange of Hong Kong Limited "Wah Link Investments" Wah Link Investments Limited, a company incorporated in Hong Kong, which is beneficially owned as to 51% by a family member of Mr. Wong Yu Lung, Charles, a Director and Chief Executive Officer of the Company, and 49% by Mrs. Wong Fang Pik Chun, the spouse of Mr. Wong Yu Lung, Charles "HK$" Hong Kong dollars, the lawful currency of Hong Kong "RMB" Renminbi, the lawful currency of the PRC "US$" United States dollars, the lawful currency of the United States of America Translation of United States dollars into Hong Kong dollars is based on the exchange rate of US$1.00 to HK$7.80 and translation of Renminbi into Hong Kong dollars is based on the exchange rate of HK$1.00 to RMB1.06. By order of the Board Goldbond Group Holdings Limited Wong Yu Lung, Charles Chief Executive Officer Hong Kong, 26 May 2005 As at the date of this announcement, the board of Directors comprised Mr. Wong Yu Lung, Charles, Mr. Lan Ning, Mr. Ko Po Ming, Ms. Loh Jiah Yee, Katherine, Mr. Kee Wah Sze (executive Directors), Mr. Ip Yin Wah, Mr. Ma Ho Fai, Mr. Melvin Jitsumi Shiraki and Mr. Zhang Xiao Shu (independent non-executive Directors).