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INTERCHINA HOLDINGS COMPANY LIMITED
(incorporated in Hong Kong with limited liability)
(Stock Code: 202)
CONVERSION OF CONVERTIBLE NOTES
MONTHLY ANNOUNCEMENT

The Company makes this announcement in compliance with the Listing Approval in relation to the
number of Shares allotted and issued upon the exercise of the conversion rights attached to the First
Tranche Convertible Notes that have been issued by the Company.
Reference is made to the announcements of the Company dated 6 July 2007, 29 October 2007, 7
November 2007, 5 December 2007, 31 December 2007, 3 January 2008 and 31 January 2008 as well
as the circular of the Company dated 10 August 2007 (the “Circular”). Unless the context otherwise
requires, capitalised terms used in this announcement shall have the same meanings as defined in the
Circular.
The Company makes this announcement in compliance with the approval (the “Listing Approval”)
granted by the Listing Committee of the Stock Exchange approving the listing of and permission to deal
in, among others, the First Tranche Conversion Shares and the Second Tranche Conversion Shares to be
allotted and issued upon the exercise of the conversion rights attached to the First Tranche Convertible
Notes and the Second Tranche Convertible Notes respectively.
During the month of January 2008, the Company has not issued any part of the second Tranche Convertible
Notes.
During the month of January 2008, two conversion notices were received exercising the conversion rights
attached to the First Tranche Convertible Notes in the aggregate principal amount of HK$100,000,000 (the
“Conversion”). As a result of the Conversion, an aggregate of 1,000,000,000 First Tranche Conversion
Shares were issued by the Company, representing (i) approximately 6.14% of the issued share capital of the
Company immediately prior to the allotment and issue of such First Tranche Conversion Shares; and (ii)

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approximately 5.78% of the issued share capital of the Company as enlarged by the allotment and issue of
such First Tranche Conversion Shares. Details of the Conversion are as follows:
Date of receipt of
conversion notice(s)
Number of
conversion
notice(s) received
Number of
First Tranche
Conversion Shares
issued Conversion price
Principal amount of
the First Tranche
Convertible Notes
converted
Date of issue of
the First Tranche
Conversion Shares
4 January 2008 1 500,000,000 HK$0.10 HK$50,000,000 4 January 2008
30 January 2008 1 500,000,000 HK$0.10 HK$50,000,000 30 January 2008
Total: 1,000,000,000 HK$100,000,000
Immediately after the Conversion, there is no outstanding principal amount of the First Tranche
Convertible Notes in issue. The subscription rights attached to the First Tranche Option has been
exercised in full and all First Tranche Convertible Notes in the aggregate principal amount of
HK$650,000,000 have been issued by the Company. As at 31 January 2008, there is no outstanding
principal amount of the Second Tranche Convertible Notes in issue. Pursuant to the terms of the Second
Tranche Option, convertible notes in the aggregate principle amount of HK$1,200,000,000 will be issued
by the Company upon the exercise in full of the Second Tranche Option. During the month of January
2008, save for the First Tranche Conversion Shares issued upon the Conversion, no Shares were issued
by the Company.
Changes in the issued capital of the Company during the month of January 2008 are as follows:
Date
Issued
share capital
Number of
issued Shares
1 January 2008 HK$1,628,619,363.2 16,286,193,632
4 January 2008 (being the date of issue of the First Tranche
Conversion Shares in relation to the conversion notices received
on 4 January 2008) HK$1,678,619,363.2 16,786,193,632
30 January 2008 (being the date of issue of the First Tranche
Conversion Shares in relation to the conversion notices received
on 30 January 2008) HK$1,728,619,363.2 17,286,193,632
As at 31 January 2008 HK$1,728,619,363.2 17,286,193,632
By Order of the Board
Interchina Holdings Company Limited
Lam Cheung Shing, Richard
Director and Company Secretary
Hong Kong, 1 February 2008
As at the date of this announcement, the executive directors of the Company are Mr. Zhang Yang, Mr.
Chan Wing Yuen, Hubert and Mr. Lam Cheung Shing, Richard; and the independent non-executive
directors of the Company are Mr. Wong Hon Sum, Ms. Ha Ping and Dr. Tang Tin Sek.