09:10     HANG TEN GROUP<00448> - Announcement (6)                            

    Listing Rules, and for permission from the Stock Exchange that such       
    agreement and annual cap instead be approved by way of a written          
    approval of the independent Shareholders who together hold more than      
    50% in nominal value of the issued ordinary share capital of the          
    Company.                                                                  
                                                                              
    As at the date of this announcement, Asian Wide holds 357,866,000         
    Shares, representing approximately 45.84% of the existing issued          
    ordinary share capital of the Company and YGM holds 143,900,000 Shares,   
    representing approximately 18.43% of the existing issued ordinary share   
    capital of the Company, totalling 501,766,000 Shares and approximately    
    64.27% of the Company's issued ordinary share capital. Asian Wide and     
    YGM, being the independent Shareholders not interested in the Second      
    Supply Agreement, have given their written approval for the Second        
    Supply Agreement and the related annual cap, subject to the grant of      
    the relevant waiver and permission from the Stock Exchange. Asian Wide    
    and YGM became Shareholders prior to its listing by way of introduction   
    in January 2003, details of which are set out in the Listing Document,    
    and worked in close collaboration in the listing process of the           
    Company. On this basis, these Shareholders are regarded as a closely      
    allied group of shareholders for the purposes of Rule 14A.43 of the       
    Listing Rules.                                                            
                                                                              
    The Directors (including the independent non-executive Directors)         
    consider that the transactions under the Licence Agreement and the        
    First Supply Agreement were entered into after arm's length               
    negotiations and reflect normal commercial terms and that the terms of    
    these agreements are fair and reasonable so far as the Shareholders are   
    concerned and are in the interests of the Company and the Shareholders    
    as a whole. The Directors (excluding members of the Independent Board     
    Committee whose views will be subject to the opinion of the independent   
    financial adviser) consider that the transactions under the Second        
    Supply Agreement were entered into after arm's length negotiations and    
    reflect normal commercial terms and that the terms of the Second Supply   
    Agreement are fair and reasonable so far as the Shareholders are          
    concerned and are in the interests of the Company and the Shareholders    
    as a whole.                                                               
                                                                              
    A circular containing details relating to the Second Supply Agreement,    
    a letter from the Independent Board Committee containing its advice in    
    respect of the Second Supply Agreement and a letter of advice from an     
    independent financial adviser will be despatched to Shareholders as       
    soon as practicable.                                                      
                                                                              
    As at the date of this announcement, the executive Directors are Chan     
    Wing Sun, Kenneth Hung, Wang Li Wen and Kao Yu Chu and the independent    
    non-executive Directors are So Hon Cheung Stephen, Kwong Chi Keung and    
    Cheung Yat Hung Alton.                                                    
                                                                              
    DEFINITIONS                                                               
                                                                              
    "Asian Wide"  Asian Wide Services Limited, a company incorporated in      
    the British Virgin Islands and a substantial Shareholder interested in    
    approximately 45.84% of its existing issued ordinary share capital        
                                                                              
    "associates"  has the meaning defined under the Listing Rules             
                                                                              
    "Board"  the board of Directors                                           
                                                                              
    "Chua and company"  Mr. Chua Kun Yao, Mr. William T. De Leon, Mr.         
    Johnny Tan and Ms. Nancy C. Lim, who collectively hold 45% of Hang Ten    
    Phils. and, apart from Ms. Nancy C. Lim, are directors of Hang Ten        
    Phils.                                                                    
                                                                              
    "Company"   Hang Ten Group Holdings Limited, a company incorporated in    
    Bermuda with limited liability, the ordinary shares of which are listed   
    on the Stock Exchange                                                     
                                                                              
    "Directors"   directors of the Company                                    
                                                                              
    "First Supply Agreement"  the agreement dated 23 May 2005 entered into    
    between Hang Ten Enterprises as seller and the associates of Chua and     
    company as buyers in relation to the supply of apparel and accessories    
    by Hang Ten Enterprises                                                   
                                                                              
    "Group"  the Company and its subsidiaries                                 
                                                                              
    "Hang Ten (China)"  Hang Ten (China) Group Limited, a company             
    incorporated in the British Virgin Islands which is indirectly wholly     
    owned by YGM and Asian Wide (both substantial Shareholders) and Ms.       
    Wang Li Wen and Ms. Kao Yu Chu (both executive Directors) collectively    
                                                                              
    "Hang Ten Enterprises"  Hang Ten Enterprises Limited, a company           
    incorporated in the British Virgin Islands and a wholly owned