Emperor Capital Group Ltd. — Director's Dealing 2006

May 22, 2006

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LUKS INDUSTRIAL (GROUP) LIMITED 陸氏實業（集團）有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 366)

ANNOUNCEMENT

This announcement is made in relation to the recent increase in the trading volume of the shares of the Company

The Board of directors (“the Board”) of Luks Industrial (Group) Limited (“the Company”) noted the recent increase in trading volume of the shares of the Company and wish to state that save for the acquisition of 20,008,000 shares of the Company (representing approximately 4.07 % of the issued share capital of the Company as at the date of this announcement) by Mr. Luk King Tin (being the Chairman and an executive Director of the Company) at the price ranging from HK$1.15 to HK$1.16 per share in the market today, it is not aware of any reason for such increase.

Immediately after the acquisition, as at the date of this announcement, the interests of Mr. Luk King Tin, including his corporate and family interests, in the Company increased from 57.19% to 61.26%.

Save for the above, there are no negotiations or agreements relating to intended acquisitions or realizations which are discloseable under rule 13.23, neither is the Board aware of any matter discloseable under the general obligation imposed by rule 13.09, which is or may be of a price-sensitive nature.

Made by the order of the Board of Luks Industrial (Group) Limited, the directors of which individually and jointly accept responsibility for the accuracy of this statement.

By Order of the Board Luks Industrial (Group) Limited Luk King Tin Chairman

22 May 2006

As at the date of this announcement, the Board consists of Luk King Tin, Cheng Cheung, Luk Yan, Fan Chiu Tat Martin, Luk Fung (all being Executive Directors) and Liang Fang, Liu Li Yuan and Tam Kan Wing (all being Independent Non-Executive Directors).

Please also refer to the published version of this announcement in China Daily.

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