ICO Group Limited — Audit Report / Information 2004

Feb 4, 2005

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.

==> picture [152 x 33] intentionally omitted <==

JACKIN INTERNATIONAL HOLDINGS LIMITED （輝影國際集團有限公司）[*]

(Incorporated in Bermuda with limited liability)

(Stock code : 630)

CHANGE OF AUDITORS

The Board announces that DTT resigned as auditors of the Company and its subsidiaries with effect from 28 December 2004 and the Board has resolved to propose to appoint Messrs. Grant Thornton as auditors of the Company to fill the casual vacancy and to hold office until the conclusion of the next annual general meeting of the Company. The appointment of Messrs. Grant Thornton as auditors of the Company is subject to the approval of the shareholders of the Company at a special general meeting to be held pursuant to the Bye-Laws of the Company.

The Board of Directors (the “Board”) of Jackin International Holdings Limited (the “Company”) announces that Deloitte Touche Tohmatsu (the “DTT”) resigned as auditors of the Company and its subsidiaries with effect from 28 December 2004, as the Company and DTT could not reach an agreement on the audit fees for the financial year ended 31 December 2004.

In the notice of resignation, DTT have confirmed that there are no circumstances connected with their resignation which they consider should be brought to the attention of the shareholders or creditors of the Company or its subsidiaries. The Board also confirmed that there are no circumstances in respect of the change of auditors which they consider should be brought to the attention of the shareholders of the Company.

The Board has resolved to propose to appoint Messrs. Grant Thornton as auditors of the Company to fill the causal vacancy and to hold office until the conclusion of the next annual general meeting of the Company. The appointment of Messrs. Grant Thornton is subject to the approval by the shareholders of the Company at a special general meeting to be held pursuant to the Bye-Laws of the Company. DTT have not yet commenced the audit for the Company

1

JACKIN INTERNATIONAL HOLDINGS LIMITED – Announcement 4 February 2005

for the financial year ended 31 December 2004. It is expected that the change of auditors of the Company will not affect the audit and the release of annual results of the Company for the financial year ended 31 December 2004.

A circular giving details of the change of auditors of the Company and containing a notice of the special general meeting will be dispatched to the shareholders of the Company in due course. Further announcement will be made once the appointment of Messrs. Grant Thornton as auditors of the Company has been approved by the shareholders of the Company.

As at the date of this announcement, the Board of the Company comprises (a) executive Directors: Ms. Ho Yin King, Helena, Mr. Ho Fai Keung, Jacky and Mr. Low Nyap Heng; and (b) independent non-executive Directors: Mr. Li Sau Hung, Eddy, Mr. Leung Ka Kui, Johnny and Mr. Chan Kam Kwan, Jason.

By order of the Board

Jackin International Holdings Limited Ho Yin King, Helena Chairman

Hong Kong, 4 February 2005

• for identification purposes only

Please also refer to the published version of this announcement in The Standard.

2

JACKIN INTERNATIONAL HOLDINGS LIMITED – Announcement

4 February 2005