09:04     KENFORD GROUP HOLDINGS LIMITED<00464> - Announcement (1)            

    This announcement is for information purposes only and does not           
    constitute an invitation or offer to acquire, purchase or subscribe for   
    securities.                                                               
                                                                              
    The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and Hong   
    Kong Securities Clearing Company Limited ("HKSCC") take no                
    responsibility for the contents of this announcement, make no             
    representation as to its accuracy or completeness and expressly disclaim  
     any liability whatsoever for any loss howsoever arising from or in       
    reliance upon the whole or any part of the contents of this               
    announcement.                                                             
                                                                              
    Unless otherwise defined herein, terms used in this announcement shall    
    have the same meanings as those defined in the prospectus of Kenford      
    Group Holdings Limited (the "Company") dated 31st May, 2005 (the          
    "Prospectus").                                                            
                                                                              
    Kenford Group Holdings Limited                                            
    (incorporated in the Cayman Islands with limited liability)               
                                                                              
    LISTING ON THE MAIN BOARD OF                                              
    THE STOCK EXCHANGE OF HONG KONG LIMITED                                   
    BY WAY OF PLACING AND PUBLIC OFFER OF SHARES                              
                                                                              
       Number of Offer Shares   :   100,000,000 Shares                        
               (with one Warrant for every four Offer Shares)                 
       Number of Placing Shares   :   90,000,000 Shares (subject to           
    reallocation)                                                             
               (with one Warrant for every four Placing Shares)               
       Number of Public Offer Shares   :   10,000,000 Shares (subject to      
    reallocation)                                                             
               (with one Warrant for every four Public Offer Shares)          
       Offer Price   :   HK$0.55 per Offer Share (with Warrants)              
       Nominal value   :   HK$0.001 each                                      
       Stock code   :   464                                                   
       Warrant code   :   452                                                 
                                                                              
       Sponsor and Lead Manager   Sponsor                                     
                                                                              
             Partners Capital International Limited   SinoPac Securities      
    (Asia) Limited                                                            
                                                                              
    Bookrunner                                                                
    Partners Capital Securities Limited                                       
                                                                              
    Underwriters                                                              
       Kim Eng Securities (Hong Kong) Limited   Christfund Securities         
    Limited                                                                   
       South China Securities Limited   Hong Tong Hai Securities Limited      
       G.K. Goh Securities (H.K.) Limited   Guotai Junan Securities (Hong     
    Kong) Limited                                                             
                                                                              
    Application has been made to the Listing Committee for the granting of    
    the listing of, and permission to deal in, the Shares in issue and to be  
     issued and the Warrants to be issued as mentioned in the Prospectus and  
     the Application Forms, and any Shares that may fall to be issued upon    
    the Capitalisation Issue and any Shares to be issued pursuant to the      
    exercise of options that have been granted under the Pre-IPO Share        
    Option Scheme or may be granted under the Share Option Scheme and the     
    exercise of the subscription rights attaching to the Warrants. Dealings   
    in the Shares and the Warrants on the Main Board are expected to          
    commence at 9:30 a.m. on Thursday, 16th June, 2005. Subject to the        
    granting of the listing of, and permission to deal in, the Shares and     
    the Warrants on the Main Board as well as compliance with the stock       
    admission requirements of HKSCC, the Shares and the Warrants will be      
    accepted as eligible securities by HKSCC for deposit, clearance and       
    settlement in the CCASS with effect from the Listing Date or any other    
    date as determined by HKSCC. All activities under CCASS are subject to    
    the General Rules of CCASS and the CCASS Operational Procedures in        
    effect from time to time.                                                 
                                                                              
    The Share Offer comprises the Public Offer of initially 10,000,000 Offer  
     Shares (with one Warrant for every four Offer Shares) in Hong Kong and   
    the Placing of initially 90,000,000 Offer Shares (with one Warrant for    
    every four Offer Shares). The allocation of the Offer Shares between the  
     Placing and the Public Offer is subject to reallocation. If the Public   
    Offer is not fully subscribed, the Bookrunner and the Lead Manager have   
    the authority to reallocate all or any of the unsubscribed Public Offer   
    Shares originally included in the Public Offer to the Placing (or vice    
    versa, as appropriate) in such proportion and manner as the Bookrunner    
    and the Lead Manager consider appropriate.                                
                                                                              
    Multiple or suspected multiple applications and any application on a      
    WHITE or YELLOW Application Form for more than the total number of the    
    Public Offer Shares (with Warrants) initially made available for