The Board of Directors of Qian Hu Corporation Limited ("the Company") wishes to announce, pursuant to Clause 903(2) of the Listing Manual of the Singapore Exchange Securities Trading Limited, that all the resolutions as set out in the Notice of Meeting dated 2 April 2002 and put to the Meeting as ordinary business and special business were passed by the shareholders of the Company at the Third Annual General Meeting held on 18 April 2002.