Smart-Core Holdings Limited — Net Asset Value 2004

Jul 15, 2004

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UNITY INVESTMENTS HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 913)

Unity Investments Holdings Limited announces that the unaudited net asset value per ordinary share as at 30th June, 2004 was HK$0.32.

As at the date of this announcement, the board comprise of executive directors are Ms. AU Shuk Yee Sue and Dr. PANG Shuen Wai Nichols. The non-executive director is Mr. Qi Qing. The independent nonexecutive directors are Mr. LAM Ping Cheung, Mr. WONG Ying Seung Asiong and Mr. CHUNG Kong Fei Stephen.

14th July, 2004

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

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