10:26     TOWN HEALTH<08138> - Unusual price & volume movements (1)           

    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.                                                     
                                                                              
    TOWN HEALTH INTERNATIONAL HOLDINGS COMPANY LIMITED                        
    (Incorporated in the Cayman Islands with limited                          
    liability)                                                                
    (Stock code: 8138)                                                        
                                                                              
    RESULTS OF THE EXTRAORDINARY GENERAL MEETING                              
                                                                              
    The resolution approving the Subscription and the                         
    issue of the Subscription Shares was duly passed by                       
    the Independent Shareholders by way of poll at the                        
    EGM held on 30 May 2005.                                                  
                                                                              
    Reference is made to the joint announcement issued                        
    by Town Health International Holdings Company Limited                     
    (the "Company") and Broad Idea International Limited                      
    dated 20 April 2005 and the circular of the Company                       
    dated 12 May 2005 (the "Circular") in relation to the                     
    Subscription. Capitalised terms used in this                              
    announcement shall have the same meanings as those                        
    defined in the Circular unless otherwise specified                        
    herein.                                                                   
                                                                              
    RESULTS OF THE EGM                                                        
                                                                              
    The EGM was held on 30 May 2005 to consider the                           
    resolution (the "Resolution") approving, among other                      
    matters, the Subscription and the issue of the                            
    Subscription Shares. As at the time of the EGM, there                     
    were a total of 2,611,661,468 Shares in issue and                         
    there were no outstanding options, warrants or                            
    securities convertible or exchangeable into Shares.                       
    The Board confirmed that Mr. Cho Kwai Chee, Origin                        
    Limited and their respective associates and concert                       
    parties, holding 164,612,019 Shares as at the time                        
    of the EGM, had abstained from voting of the                              
    Resolution. Accordingly, a total of 2,447,049,449                         
    Shares were held by the Independent Shareholders who                      
    were entitled to attend and vote for or against the                       
    Resolution at the EGM.                                                    
                                                                              
    The chairman of the EGM has demanded for voting of                        
    the Resolution by poll. The Board is pleased to                           
    announce that the Resolution was duly passed by the                       
    Independent Shareholders by way of poll at the EGM.                       
    There were 1,018,771,091 votes for the Resolution                         
    (representing 100% of the total votes). There was no                      
    vote against the Resolution.                                              
                                                                              
    Tengis Limited, the Hong Kong branch share registrar                      
    and transfer office of the Company, was appointed as                      
    the scrutineer for the vote-taking at the EGM.                            
                                                                              
    COMPLETION                                                                
                                                                              
    As at the date of this announcement, all the                              
    Conditions have been fulfilled and Completion is                          
    expected to take place on 31 May 2005.                                    
                                                                              
    COMPOSITE OFFER DOCUMENT                                                  
                                                                              
    The composite offer document containing the details                       
    of the terms of the Offer, the form of acceptance and                     
    transfer of the Shares will be despatched to the                          
    Shareholders within 10 days after the announcement                        
    of annual results of the Group for the year ended 31                      
    March 2005 has been published, which