09:10     CS CONSERVAT P<00351> - 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.                   
                                                                              
    CHINA SCIENCES CONSERVATIONAL POWER LIMITED                               
    (Incorporated in Hong Kong with limited liability)                        
    (Stock Code: 351)                                                         
                                                                              
    FURTHER DELAY IN DESPATCH OF CIRCULAR                                     
    IN RELATION TO THE PROPOSED ACQUISITION OF                                
    APPROXIMATELY 32.89% EQUITY INTEREST IN                                   
    BCS GENERAL ENERGY & ENVIRONMENT                                          
                                                                              
    The Company announces that since the Company and its auditors are in the  
     process of finalizing (i) the audited financial statement of BCS         
    General Energy & Environment for the year ended 31 December 2004 which    
    is pending for, among others, the obtaining of final audit confirmations  
     from certain PRC companies and (ii) the pro forma financial statement    
    of the Enlarged Group and additional time is required to update the       
    Circular with the Transactions, the Company has applied to the Stock      
    Exchange for a waiver from the strict compliance with Rule 14.38 of the   
    Listing Rules by further extending the deadline for the despatch of the   
    Circular to 11 July 2005.                                                 
                                                                              
    Reference is made to the Company's announcements dated 4 March 2005 (the  
     "Announcement"), 24 March 2005 and 15 April 2005 in respect of, among    
    others, the Acquisition and the delay in despatch of circular             
    respectively. Terms used herein shall have the same meanings as those     
    defined in the Announcement unless the context requires otherwise.        
                                                                              
    DELAY IN DESPATCH OF CIRCULAR                                             
                                                                              
    In accordance with Rule 14.38 of the Listing Rules, a circular of the     
    Company containing further details of the Acquisition and the notice of   
    extraordinary general meeting (the "Circular") has to be despatched to    
    the Shareholders within 21 days after the publication of the              
    Announcement, which was on or before 28 March 2005. The deadline for the  
     despatch of the Circular has been extended to 18 April 2005 and further  
     extended to 30 May 2005.                                                 
                                                                              
    The Company and its auditors are in the process of finalizing (i) the     
    audited financial statement of BCS General Energy & Environment for the   
    year ended 31 December 2004 which is pending for, among others, the       
    obtaining of final audit confirmations from certain PRC companies and     
    (ii) the pro forma financial statement of the Group as enlarged with the  
     inclusion of BCS General Energy & Environment after completion of the    
    Acquisition (the "Enlarged Group") for the purpose of the Circular.       
                                                                              
    In addition, in view of the Company's recent proposed acquisitions of a   
    further 51% equity interest in Dongguan China Sciences Conservational     
    Power Co., Ltd. as detailed in the Company's circular dated 12 May 2005   
    and 100% interest in Sino Profit International Limited involving the      
    setting up a joint venture in Xingning City, the PRC as detailed in the   
    Company's circular dated 13 May 2005 (the "Transactions"), the Company    
    considers that additional time is required to update the Circular with    
    the Transactions.                                                         
                                                                              
    In view of the aforesaid, the Company has applied to the Stock Exchange   
    for a waiver from the strict compliance with Rule 14.38 of the Listing    
    Rules by further extending the deadline for the despatch of the Circular  
     to 11 July 2005.                                                         
                                                                              
    By order of the Board of                                                  
    CHINA SCIENCES CONSERVATIONAL POWER LIMITED                               
    Hon Ming Kong                                                             
    Chairman                                                                  
                                                                              
    Hong Kong, 30 May 2005                                                    
                                                                              
    As at the date of this announcement, the Board comprises five executive   
    directors, namely Mr. Hon Ming Kong (Chairman), Ms. Wong King King        
    (Vice-Chairman), Mr. Chan Tat Chee, Mr. Chow Ho Tung, Anthony, and Mr.    
    Hon Yik Kwong; four non-executive directors namely, His Royal Highness    
    Prince Idris Abdallah Al-Senussi, Mr. Alan Grant Quasha, Mr. Lo Wing      
    Yat, Kelvin and Mr. John Douglas Kuhns; and three independent             
    non-executive directors namely Mr. Cham Yiu Keung, Mr. Chan Chi Yuen,     
    and Mr. Cheng Kin Chow, Tony.