abc Multiactive Limited — Regulatory Filings 2001

May 24, 2001

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.

abc Multiactive Limited

*****

(incorporated in Bermuda with limited liability)

CLARIFICATION ANNOUNCEMENT

Further to the announcement dated 23rd May 2001 (the “Announcement”), the board of directors of the Company (the “Board”) wishes to clarify that the timetable for the end of the parallel trading and closure of the temporary counter has been changed from Tuesday 17th July 2001 to Tuesday 24th July 2001. The revised timetable is set out below. Defined terms in the Announcement are used herein.

Dispatch of circulars and form of

proxy to shareholders of

the Company for the SGM . . . . . . . . . . . . . . . . . . . . . . . Monday 28th May 2001

Latest time for return of proxy

forms for SGM . . . . . . . . . . . . . . . . . . . . 3:30 p.m. on Tuesday 12th June 2001

SGM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3:30 p.m. on Thursday 14th June 2001

Effective date of Share Subdivision and

the change of board lot size . . . . . . . . 10:00 a.m. on Friday 15th June 2001

Original counter for trading in

Shares in board lots of 2,000

• Shares temporarily closes . . . . . . . . . . . 10:00 a.m. on Friday 15th June 2001

• Temporary counter for trading in board

lots of 8,000 Subdivided Shares

• (in the form of existing share

• certificates) opens . . . . . . . . . . . . . . . . . . 10:00 a.m. on Friday 15th June 2001

• First day of free exchange of certificates for Shares for new certificates

• for the Subdivided Shares . . . . . . . . . . 10:00 a.m. on Friday 15th June 2001

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Original counter for trading in Subdivided Shares in board lots of 4,000 Shares (in the form of new certificates for subdivided shares) reopens . . . . . 10:00 a.m. on Tuesday 3rd July 2001 Parallel trading in Subdivided Shares (in the form of new certificates for Subdivided Shares in the original counter and Shares in the temporary counter) commences . . . . . 10:00 a.m. on Tuesday 3rd July 2001

Parallel trading in Subdivided Shares

(in the form of new certificates for Subdivided Shares in the original counter and Shares in the

temporary counter) ends . . . . . . . . . . . . 4:00 p.m. on Tuesday 24th July 2001

Temporary counter for trading in board lots of 8,000 Subdivided Shares (in the form of existing share certificates) closes . . . . . . . . . . . . . . . . . 4:00 p.m. on Tuesday 24th July 2001

• Last day for free exchange of certificates for existing Shares for new certificates for the Subdivided Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Monday 30th July 2001

By Order of the Board abc Multiactive Limited Terence Chi Yan Hui Chairman

Hong Kong, 24th May, 2001

* For identification purpose only

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: (i) the information contained in this announcement is accurate and complete in all material respects and not misleading; (ii) there are no other matters the omission of which would make any statement in this announcement misleading; and (iii) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

This announcement will remain on the GEM website on the “Latest Company Announcements” page for 7 days from the day of its posting.

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