Smart Digital Technology Group Limited — Director's Dealing 2000

Jan 5, 2000

Listed Company Information

MANSION HOLDING<0547> - Announcement 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. MANSION HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) Announcement Further to the announcement dated 30th December, 1999, the board of directors of the Company wish to inform the shareholders of the Company that one of the substantial shareholders and a director of the Company have dealt in the shares of the Company. This statement is made at the request of The Stock Exchange of Hong Kong Limited. The board of directors of the Company (the "Directors") refer to the trading volume of the shares of Mansion Holdings Limited (the "Company") which was 391,089,000 shares and 995,540,000 shares on 3rd January and 4th January, 2000 respectively. The Company was informed by one of its substantial shareholders, Search Pacific Limited, that its subsidiaries ("Search Pacific Group") had disposed of 158,366,880 shares and 271,780,000 shares which constituted approximately 40.49% and approximately 27.3% of the total turnover for the respective dates. Mr. Li Kwok Lung, Alfred Ronald ("Mr. Li"), a director of the Company, has also informed the Company that he has disposed of 5,000,000 shares in the Company on 4th January, 2000 at the prices ranging from HK$0.30 to HK$0.31. Search Pacific Group subscribed warrants in the sums of HK$8,000,000 and HK$3,800,000 for an aggregate of 118,000,000 shares in the Company at the subscription price of HK$0.10 each on 3rd January, 2000 and 4th January, 2000. After such subscriptions of warrants and the abovementioned share dealings, the current shareholding structure of the Company is: Shareholder No. of shares Percentage Search Pacific Group 608,018,377 19.44% Prosperous Merchant Limited 780,000,000 24.93% Directors 88,131,683 2.82% Public 1,652,015,313 52.81% Total 3,128,165,373 100% Search Pacific Group and Prosperous Merchant Limited are parties acting in concert and collectively maintain control of the Company and there is no change in the management despite of the aforesaid dealings by Search Pacific Group. Save for the above dealings by Search Pacific Group and Mr. Li, the Company is not aware of any other reasons which resulted in the increases in the price and the trading volume of the shares of the Company on 3rd January, 2000 and 4th January, 2000. We also confirm that there are no negotiations or agreements relating to intended acquisitions or realisations which are discloseable under paragraph 3 of the Listing Agreement, neither is the Board aware of any matter discloseable under the general obligation imposed by paragraph 2 of the Listing Agreement, which is or may be of a price-sensitive nature. Made by the order of the Board of Mansion Holdings Limited the directors of which individually and jointly accept responsibility for the accuracy of this statement. By Order of the Board Mansion Holdings Limited Law Wai Chung, Allen Deputy Managing Director Hong Kong, 4th January, 2000