08:57     A-MAX<00959> - Announcement                                         

    The Stock Exchange of Hong Kong Limited takes no responsibility for the   
    contents of this announcement, makes no representation as to its          
    accuracy or completeness and expressly disclaims any liability            
    whatsoever for any loss howsoever arising from or in reliance upon the    
    whole or any part of the contents of this announcement.                   
                                                                              
    A-MAX HOLDINGS LIMITED                                                    
    (incorporated in Bermuda with limited liability)                          
    (Stock code: 959)                                                         
                                                                              
    UNUSUAL TRADING VOLUME                                                    
    AND                                                                       
    CLARIFICATION ANNOUNCEMENT                                                
                                                                              
    The Board noted an article regarding a proposal to increase the           
    Company's interest in Greek Mythology to 50% and the Company's proposal   
    to declare dividend. The Board wishes to state that it presently has no   
    concrete proposal to increase its interest in Greek Mythology and no      
    present intention to declare dividend. The Company will not rule out      
    the possibility to increase its interest in Greek Mythology or engage     
    in other investments should any suitable opportunities arise.             
                                                                              
    The Board also noted the recent increase in the trading volume of the     
    shares of the Company and wishes to state that save for the press         
    release of Greek Mythology regarding its unaudited figures for the 4      
    months ended 30 April 2005 last week, it is not aware of any reasons      
    for such movement.                                                        
                                                                              
    The board of directors (the "Board") of A-Max Holdings Limited (the       
    "Company") noted an article appeared in Hong Kong Daily News (the         
    "Article") on 30 May 2005 regarding a proposal to increase the            
    Company's interest in Greek Mythology (Macau) Entertainment Group         
    Corporation Limited ("Greek Mythology") to 50% and the Company's          
    proposal to declare dividend. The Company is not aware of the source of   
    the Article.                                                              
                                                                              
    As disclosed in its interim result announcement dated 30 December 2004,   
    it is the intention of the Company to increase its investment in the      
    gaming industry. The Company will not rule out the possibility to         
    increase its interest in Greek Mythology or engage in other investments   
    should any suitable opportunities arise. However, the Company presently   
    does not have any concrete timetable or financing proposal to increase    
    its interest in Greek Mythology.                                          
                                                                              
    The Board was given to understand that Greek Mythology is considering a   
    declaration of dividend to its shareholders but does not have any         
    concrete proposal as to amount and timetable. However, the Company        
    wishes to state that the Company does not have a present intention to     
    declare dividend.                                                         
                                                                              
    The Board also noted the recent increase in the trading volume of the     
    shares of the Company and wishes to state that save for the press         
    release of Greek Mythology regarding its unaudited figures for the 4      
    months ended 30 April 2005 last week, it is not aware of any reasons      
    for such movement. As disclosed in the Company's announcement of 19 May   
    2005, the Company will hold a 19.99% interest in Greek Mythology after    
    completion of the share repurchase in Greek Mythology. The directors of   
    the Company confirmed that they have not dealt in the Company's           
    securities on 30 May 2005.                                                
                                                                              
    The Board confirms that there are no negotiations or agreements           
    relating to intended acquisitions and realizations which are              
    discloseable under Rule 13.23 of the Rules Governing the Listing of       
    Securities on The Stock Exchange of Hong Kong Limited (the "Listing       
    Rules"), neither is the Board aware of any matter discloseable under      
    the general obligation imposed by Rule 13.09 of the Listing Rules,        
    which is or may be of a price-sensitive nature.                           
                                                                              
    By Order of the Board of                                                  
    A-Max Holdings Limited                                                    
    Ng Wai Fong                                                               
    Chairperson                                                               
                                                                              
    Hong Kong, 30 May 2005                                                    
                                                                              
    As at the date of this announcement the executive directors of the        
    Company are Ng Wai Fong, Chan King Ming, Leung Kwai Hing, Kam Shuk        
    Ling, Lam Yiu Man and Ching Mei Yee and the independent non-executive     
    directors of the Company are Wong Chi Keung, Yuan Xiaoxin and Ng Wai      
    Hung.