09:05     KENFORD GROUP HOLDINGS LIMITED<00464> - Announcement (4)            

    that you will collect your share certificate(s), warrant certificate(s)   
    and/or refund cheque(s) (if applicable) in person, your share             
    certificate(s), warrant certificate(s) and/or refund cheque(s) (if        
    applicable) will be sent to the address given on your application form    
    on the said date of despatch by ordinary post and at your own risk.       
                                                                              
    If you apply for the Public Offer Shares (with Warrants) using a YELLOW   
    Application Form and your application is wholly or partially successful,  
     your Share certificates and Warrant certificates will be issued in the   
    name of HKSCC Nominees Limited and deposited into CCASS for credit to     
    your CCASS investor participant stock account or the stock account of     
    any designated CCASS participant as instructed by you in your             
    Application Form on your behalf at the close of business on Monday, 13th  
     June, 2005, or under contingent situation, on any other date as shall    
    be determined by HKSCC or HKSCC Nominees Limited. You should check the    
    number of Public Offer Shares (with Warrants) allotted to you with your   
    designated CCASS participant if you are applying through a designated     
    CCASS participant, or in the announcement to be published by the Company  
     on or about Monday, 13th June, 2005 and report any discrepancies to      
    HKSCC before 5:00 p.m. on Monday, 13th June, 2005. If you are applying    
    as a CCASS investor participant, you can also check your new account      
    balance via the CCASS Phone System or the CCASS Internet System (under    
    the procedures contained in HKSCC's ''An Operating Guide for Investor     
    Participants'' in effect from time to time) immediately after the credit  
     of the Public Offer Shares (with Warrants) to your stock account. HKSCC  
     will also make available to you an activity statement showing the        
    number of Public Offer Shares (with Warrants) credited to your CCASS      
    Investor Participant Stock account.                                       
                                                                              
    If an application is rejected, not accepted or accepted in part only or   
    the conditions of the Share Offer described under the paragraph headed    
    "Conditions of the Share Offer" in the Prospectus are not fulfilled in    
    accordance with their terms or if any application is revoked or any       
    allotment pursuant thereto has become void, the Company will refund (in   
    whole or in part, as applicable) your application money, including        
    relevant brokerage fee, the SFC transaction levy, the Stock Exchange      
    trading fee and the SFC investor compensation levy to you WITHOUT         
    INTEREST. For applicants using WHITE or YELLOW Application Forms, all     
    refunds will be made by a cheque crossed ''Account payee only'', and      
    made out to you or, if you are joint applicants, to the first-named       
    applicant on your Application Form on the terms set out under ''Refund    
    of your application money'' on the Application Form. The refund cheque    
    will be sent to the address on your Application Form or if you are joint  
     applicants, to the address of the first-named applicant on your          
    Applicant Form by ordinary post and at your own risk on Monday, 13th      
    June, 2005 unless otherwise provided herein.                              
                                                                              
    The level of indication of interests in the Placing, the results of       
    applications and the basis of allocation of the Public Offer, the number  
     of Offer Shares (with Warrants), if any, reallocated between the         
    Placing and the Public Offer and the Hong Kong Identify Card              
    number/passport number/Hong Kong business registration certificate        
    number of successful applicants will be announced in The Standard (in     
    English) and the Hong Kong Economic Times (in Chinese) on or before       
    Monday, 13th June, 2005.                                                  
                                                                              
    As at the date of this announcement, the executive Directors are Mr. Lam  
     Wai Ming, Mr. Tam Chi Sang and Mr. Chan Kwok Tung, Donny and the         
    independent non-executive Directors are Mr. Chiu Fan Wa, Mr. Li Chi       
    Chung and Mr. Li Tat Wah.                                                 
                                                                              
    By Order of the Board                                                     
    Lam Wai Ming                                                              
    Director                                                                  
                                                                              
    Hong Kong, 31st May, 2005