Hong Kong, July 22, 2002 - Hantec Investment Holdings Limited (SEHK: 111) today announced that the Group's Hantec Investment Consultant Limited would open four Personal Financial Services Centres ("PFSC") in Admiralty, Sheung Wan, Causeway Bay and Hunghom respectively. To celebrate the special occasion, an opening reception would be held at Admiralty Centre's PFSC during which the Group would also announce the results of a survey conducted on the subject of personal financial management in Hong Kong.

Mr Richard Lam, Director of Hantec Investment Holdings said at the reception: "The Hong Kong financial market is very mature with banks and financial organizations competing to launch forever new investment vehicles and products. There is also an increasing demand for integrated financial services. The inevitable trend is that financial companies have to provide comprehensive investment and financial services with multiple ranges of products for customers to choose. In view of such trend, the Group has decided to actively pursue our business in personal financial services and set up PFSCs in major districts of Hong Kong to attract more customers, as well as to expand and extend our customer bases." Products and services offered by Hantec Investment Consultant cover unit trust, education fund, retirement planning, savings plan scheme, Mandatory Provident Fund Schemes and personal risk management.

Mr Rico Chow, Marketing Director of Hantec Investment Consultant explained that PFSC's targeted customer profile has shifted from high income group to a broader range of customers. In May 2002, the Group conducted a survey with the objective of researching on Hong Kong people's saving habits and attitude towards saving. Using computer for random selection of 8-digit telephone number, the survey was conducted through telephone interviews with over 2,500 people. The result indicates that over half of the interviewees expressed their worries in losing their present jobs; about 69% of interviewees said that they had saving habit; whereas about 52% believed that if they lost their jobs, their savings would not be enough to cover their daily expenses for more than half a year. "The survey results indicate Hong Kong people's lack of awareness to save for the rainy days and in most cases, they are not able to fully utilize the cash on hand by making the appropriate investment decisions. This reflects that there is a great demand on personal financial services and that such services have much room for development." Said Mr Chow.

The Group will put further efforts in promoting the importance of personal financial management and will offer services that best serve the various needs and requirements of our customers. Different financial products and services will be tailored made for our customers with different demands.

Established in 1998, Hantec Investment Consultant Limited is the wholly owned personal financial services division of the Group. Covering a total gross area of 6,000 sq. ft. and with a team of about 50 staff. The largest PFSC with an area of over 3,000 sq. ft is located at Tower I, Admirlty Centre and has commenced business in June. Hantec Investment Consultant is a Registered Investment Adviser with the Securities and Futures Commission of Hong Kong, a Mandatory Provident Fund Schemes Authority Intermediary and a Member of the Hong Kong Confederation of Insurance Brokers. The Group will continue to expand its business in the area of personal financial services and plan to set up another 4 PFSCs in the coming year.

Founded in 1990 by the Chairman, Mr Tang Yu Lap together with a number of financial experts and banking professionals, Hantec Group is a group of companies offering integrated comprehensive financial and investment services including leveraged forex trading, securities trading, financial advisory services, fund management, commodities and futures trading, asset management, corporate finance, personal financial services and affinity credit card. The Group is headed by its listed vehicle in Hong Kong, Hantec Investment Holdings Limited (HKSE: 111). The Group now operates 4 branches and 8 personal financial services centers locally as well as 5 representative offices in Beijing, Paris, Tokyo, Manila and Taipei.

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Hantec Investment Holdings Limited

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