GoFintech Quantum Innovation Limited — M&A Activity 2002

May 6, 2002

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 its 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)

ANNOUNCEMENT

The Company wishes to clarify that Super Drive has irrevocably undertaken to accept the Offer in respect of the Relevant Shares.

Trading in the shares of the Company was suspended at the request of the Company with effect from 9:30 a.m. on 3rd May, 2002 pending the release of this announcement. Application has been made by the Company for the resumption in the trading in the shares of the Company with effect from 9:30 a.m. on 6th May, 2002.

Reference is made to the announcements dated 30th April, 2002 of Pacific Challenge Holdings Limited (the "Company") and Kandy Profits Limited ("Kandy") respectively (the abovementioned announcements being referred to hereinafter as the "Announcements"). Terms defined in the Announcements have the same meaning in this announcement. The Announcements referred to, among other things, the revision by Kandy of the offer price for the entire issued share capital of the Company and the irrevocable undertaking (the "Undertaking") given by Super Drive Inc., ("Super Drive") in respect of the 93,544,000 Shares held by it (the "Relevant Shares").

The Company wishes to clarify that Super Drive has irrevocably undertaken to accept the Offer in respect of the Relevant Shares. The Offer is conditional on acceptances being received, including acceptances for the Relevant Shares which Super Drive has undertaken to tender for acceptance under the Offer, which result in Kandy and parties acting in concert with it holding more than 50% of the voting rights in the Company. If any of the conditions are not fulfilled, the Offer will lapse and the Undertaking will cease to have any further effect.

Trading in the shares of the Company was suspended at the request of the Company with effect from 9:30 a.m. on 3rd May, 2002 pending the release of this announcement. Application has been made by the Company for the resumption in the trading in the shares of the Company with effect from 9:30 a.m. on 6th May, 2002.

For and on behalf of

Pacific Challenge Holdings Limited

Chan Yim Fong, Teli

Executive Director

* For identification purpose only

Hong Kong, 3rd May, 2002

The directors of Pacific Challenge Holdings Limited jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.

"Please also refer to the published version of this announcement in the Hong Kong i-mail"