09:20     WONSON INT'L<00651>-Announcement&Resumption of Trading(7)           

    `Directors'                    the directors of the Company;              
    `Group'                        the Company and its                        
                                   subsidiaries;                              
    `Kingston'                     Kingston Securities Limited,               
                                   a licensed corporation to                  
                                   carry on business in type 1                
                                   regulated activity (dealing                
                                   in securities) under the                   
                                   Securities and Futures                     
                                   Ordinance (Chapter 571 of the              
                                   Laws of Hong Kong);                        
    `Listing Rules'                the Rules Governing the                    
                                   Listing of Securities on the               
                                   Stock Exchange;                            
    `Placing'                      the placing of the Placing                 
                                   Shares by Kingston under the               
                                   terms of the Placing                       
                                   Agreement;                                 
    `Placing Agreement'            an agreement dated 27 May,                 
                                   2005 between Kingston and the              
                                   Company in relation to the                 
                                   Placing;                                   
    `Placing Conditions'           the condition for the Placing              
                                   as described in the section                
                                   headed `Placing Conditions'                
                                   above;                                     
    `Placing Shares'               150,000,000 new Reorganised                
                                   Shares in the Company to be                
                                   placed under the Placing                   
                                   Agreement;                                 
    `Reorganised Shares'           shares of HK$0.01 of the                   
                                   Company following the Capital              
                                   Reorganisation becoming                    
                                   effective;                                 
    `SGM'                          the special general meeting                
                                   of the Company to be convened              
                                   to approve the Capital                     
                                   Reorganisation, the change in              
                                   board lot size of the Company              
                                   and the Placing under the                  
                                   Placing Agreement;                         
    `Share Consolidation'          the consolidation of every                 
                                   twenty (20) Shares into one                
                                   (1) Consolidated Share;                    
    `Shareholders'                 shareholders of the Company;               
    `Shares'                       existing shares of a par                   
                                   value of HK$0.01 in the                    
                                   Company;                                   
    `Second Placing'               the placing of an aggregate                
                                   of 3,000,000,000 new Shares                
                                   pursuant to the terms of the               
                                   Second Placing Agreement;                  
    `Second Placing Agreement'     the conditional placing                    
                                   agreement entered into                     
                                   between the Company and                    
                                   Kingston dated 10 January,                 
                                   2005, pursuant to which,                   
                                   Kingston agreed to place, on               
                                   a best efforts basis, an                   
                                   aggregate of 3,000,000,000                 
                                   new Shares;                                
    `Stock Exchange'               The Stock Exchange of Hong                 
                                   Kong Limited; and                          
    `Terminated Placing Agreement' the placing agreement dated                
                                   24th May, 2005 entered into                
                                   between Kingston and the                   
                                   Company to place the Shares                
                                   of the Company on an                       
                                   underwritten basis and was                 
                                   terminated by the parties on               
                                   27th May,                                  
                                   2005                                       
                                                                              
    By order of the board of directors of                                     
    Wonson International Holdings Limited                                     
    Chiu Kong                                                                 
    Chairman                                                                  
                                                                              
    Hong Kong, 27 May, 2005