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GoFintech Quantum Innovation Limited Board/Management Information 2000

May 17, 2000

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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.

太平洋興業集團有限公司*

(Incorporated in Bermuda with limited liability)

A director of the subsidiaries of Pacific Challenge Holdings Limited (the "Company") has passed away.

The directors of the Company (the "Directors") regret to inform the public that Ms. Brenda Lui, a director of the subsidiaries of the Company, has passed away recently. The Directors confirm that there will be no disruption to the operations of the Company.

By Order of the Board
Pacific Challenge Holdings Limited
Wong Cheuk Ling, Elain
Company Secretary

16 May 2000, Hong Kong

* For identification purposes only

Please also refer to the published version of this announcement in the (South China Morning Post)