09:04 KENFORD GROUP HOLDINGS LIMITED<00464> - Announcement (2) subscription (that is, 10,000,000 Public Offer Shares) under the Public Offer will be rejected and only one application on a WHITE or YELLOW Application Form may be made for the benefit of any person. In addition, applicants are required to undertake and confirm that they or the relevant beneficial owner(s) have not indicated and will not indicate an interest for, and have not received or been placed or allotted (including conditionally and/or provisionally) with, the Placing Shares (with Warrants). Applications where cheques or banker's cashier orders are dishonoured upon first presentation are liable to be rejected. The Share Offer is conditional upon fulfillment of the conditions as stated in the paragraph headed "Conditions of the Share Offer" under the section headed ''Structure of the Share Offer'' in the Prospectus. If the conditions are not fulfilled on or before the 30th day from the date of the Prospectus, the Share Offer will thereby lapse and all application monies received from applicants under the Public Offer will be refunded, without interest, on the terms set out under the heading ''Refund of your application money'' on the Application Forms and the section headed ''How to apply for the Public Offer Shares (with Warrants)'' in the Prospectus. The Offer Price will be HK$0.55 per Offer Share (with Warrants) and the Subscription Price will be HK$0.60 per Share. Applicants under the Public Offer should note that save under the circumstances as set out in the paragraph headed "Circumstances in which you will not be allotted Public Offer Shares (with Warrants)" under the section headed "How to apply for the Public Offer Shares (with Warrants)" in the Prospectus, applications for the Public Offer Shares cannot be withdrawn once submitted. Applicants for the Public Offer Shares must pay the Offer Price of HK$0.55 per Offer Share (with Warrants) together with 1% brokerage, 0.005% Stock Exchange trading fee, 0.005% SFC transaction levy and 0.002% SFC investor compensation levy. Applicants who would like to be allotted Public Offer Shares (with Warrants) in their own names should complete and sign the WHITE Application Forms. Applicants who would like to have the allotted Public Offer Shares (with Warrants) issued in the name of HKSCC Nominees Limited and deposited directly into CCASS for the credit of their CCASS Investor Participant stock accounts or the stock accounts of their designated CCASS Participants should complete and sign the YELLOW Application Forms, copies of which, together with copies of the Prospectus, may be obtained during normal business hours from 9:00 a.m. on Tuesday, 31st May, 2005 until 12:00 noon on Monday, 6th June, 2005 at the Depository Counter of HKSCC at 2nd Floor, Vicwood Plaza, 199 Des Voeux Road Central, Hong Kong or the Customer Service Centre of HKSCC at Upper Ground Floor, V-Heun Building, 128-140 Queen's Road Central, Hong Kong. Share certificates and Warrant certificates will only become valid certificates of title provided that (i) the Share Offer has become unconditional in all respects; and (ii) the Underwriting Agreement has not been terminated in accordance with its terms, which is expected to be at 8:00 a.m. on Thursday, 16th June, 2005, as further described in the section headed "Underwriting" in the Prospectus. If successful applicants have any general enquiries on the Share certificates and the Warrant certificates, they may contact Computershare Hong Kong Investor Services Limited by calling (852) 2862 8628. Copies of the Prospectus, together with the WHITE Application Forms, may be obtained during normal business hours in the same period from: 1. Partners Capital International Limited, Room 1305, 13th Floor, 9 Queen's Road Central, Hong Kong 2. SinoPac Securities (Asia) Limited, 23rd Floor, Two International Finance Centre, 8 Finance Street, Central, Hong Kong 3. Partners Capital Securities Limited, Room 1303, 13th Floor, 9 Queen's Road Central, Hong Kong 4. Kim Eng Securities (Hong Kong) Limited, Room 1901, Bank of America Tower, 12 Harcount Road, Central, Hong Kong 5. Christfund Securities Limited, Suites 1907-1909, Two International Finance Center, 8 Finance Street, Central, Hong Kong 6. South China Securities Limited, 28/F., Bank of China Tower, No. 1 Garden Road, Central, Hong Kong 7. Hong Tong Hai Securities Limited, 5/F. & Units 1702-3, Skyline Commercial Centre, 71-77 Wing Lok Street, Sheung Wan, Hong Kong 8. G.K. Goh Securities (H.K.) Limited, Suite 1808, Alexandra House, 16-20 Chater Road, Central, Hong Kong