09:30     LUOYANG GLASS<01108> - Announcement (7)                             

    "PDA" an acronym for Personal Digital Assistant                           
                                                                              
    "PRC" the People's Republic of China                                      
                                                                              
    "RMB" Renminbi, the lawful currency of the PRC                            
                                                                              
    "Shanghai Listing Rules" The Listing Rules of Shanghai Stock Exchange     
                                                                              
    "Shareholder(s)" shareholder(s) of the Company                            
                                                                              
    "Stock Exchange" The Stock Exchange of Hong Kong Limited                  
                                                                              
    "STN-LCD" an acronym for Supertwisted Nematic Liquid Crystal Display      
                                                                              
    "TN-LCD" an acronym Twisted Nematic Liquid Crystal Display                
                                                                              
    In this announcement, unless otherwise stated, certain amounts            
    denominated in RMB have been converted (for information only) into HKD    
    using an exchange rate of HK$1.00: RMB1.06.                               
                                                                              
    By the order of the Board                                                 
    Luoyang Glass Company Limited                                             
    Liu Baoying                                                               
    Chairman                                                                  
                                                                              
    Henan, the PRC, 27 May 2005                                               
                                                                              
    As at the date of this announcement, the executive Directors are of       
    Messrs. Liu Baoying, Ding Jianluo, Zhu Leibo, Zhang Shaojie, Zhu          
    Liuxin, Jiang Hong and Wang Jie, and the independent non-executive        
    Directors are Dai Zhiliang, Zhong Pengrong, Xi Shengyang and Dong         
    Chao.