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MOG Digitech Holdings Limited Net Asset Value 2004

May 13, 2004

Net Asset Value

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code:770)

As at April 30, 2004, the unaudited net asset value per share of the Company was US$6.94.

Hong Kong, May 14, 2004

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