09:11     HANG TEN GROUP<00448> - Announcement (7)                            

    subsidiary of ILC                                                         
                                                                              
    "Hang Ten Phils."  Hang Ten Phils., Corp., a corporation incorporated     
    under the laws of the Republic of Philippines and a non-wholly owned      
    subsidiary of ILC indirectly held as to 55% by ILC; and as to the         
    remaining 45% by Chua and company collectively                            
                                                                              
    "Hong Kong"  the Hong Kong Special Administrative Region of the PRC       
                                                                              
    "ILC"  ILC International Corporation, a company incorporated in the       
    British Virgin Islands and an indirect wholly owned subsidiary of the     
    Company                                                                   
                                                                              
    "Independent Board Committee"  an independent committee of the Board,     
    comprising all of the independent non-executive Directors, formed to      
    advise Shareholders in respect of the Second Supply Agreement             
                                                                              
    "Independent Third Party(ies)"  party(ies) independent of and not         
    connected with the Directors, chief executive or substantial              
    shareholders of the Company or its subsidiaries or their respective       
    associates                                                                
                                                                              
    "Licence Agreement"  the agreement dated 23 May 2005 entered into         
    between ILC as licensor and Hang Ten (China) as licensee in relation to   
    the grant of an exclusive licence to Hang Ten (China) to use the word     
    'Hang Ten' and associated trade marks in the PRC                          
                                                                              
    "Listing Document"  the listing document of the Company dated 31          
    October 2002                                                              
                                                                              
    "Listing Rules"  the Rules Governing the Listing of Securities on the     
    Stock Exchange                                                            
                                                                              
    "PRC"  the People's Republic of China, excluding, for the purposes of     
    this announcement, Taiwan, Hong Kong and the Macau Special                
    Administrative Region                                                     
                                                                              
    "Second Supply Agreement"  the agreement dated 23 May 2005 entered into   
    between Hang Ten Enterprises as seller and Hang Ten Phils. as buyer in    
    relation to the supply of apparel and accessories by Hang Ten             
    Enterprises                                                               
                                                                              
    "Share(s)"   ordinary share(s) of HK$0.10 each in the share capital of    
    the Company                                                               
                                                                              
    "Shareholders"   holders of Shares                                        
                                                                              
    "Stock Exchange"   The Stock Exchange of Hong Kong Limited                
                                                                              
    "YGM"  YGM Trading Limited, a company incorporated in Hong Kong with      
    limited liability, the ordinary shares of which are listed on the Stock   
    Exchange and a substantial Shareholder interested in approximately        
    18.43% of its existing issued ordinary share capital                      
                                                                              
    "HK$"  Hong Kong dollars, the lawful currency of Hong Kong                
                                                                              
    "US$"  United States dollars, the lawful currency of the United States    
    of America                                                                
                                                                              
    For the purpose of this announcement, the exchange rate of US$1 =         
    HK$7.8 has been used for currency translation. Such exchange rate is      
    for the purpose of illustration only and does not constitute a            
    representation that any amount in HK$ or US$ have been, could have been   
    or may be converted at such or any other rate or at all.                  
                                                                              
    By order of the Board of                                                  
    Hang Ten Group Holdings Limited                                           
    Lee Kin Keung Lawrence                                                    
    Company Secretary                                                         
                                                                              
    Hong Kong, 27 May 2005