SANJIU GROUP WITHDRAWS FROM LISTED SUBSIDIARY

Shanghai Sanjiu Technology Development Co., Ltd.(STD), a listed subsidiary under China's pharmaceutical giant Sanjiu Enterprises Group, announced on February 26 that the State-owned Assets Supervision and Administration Commission of China has approved the transfer of shares held by its parent to another company. The Sanjiu Enterprise Group is a large state-owned company under the direct management of SASAC.

TMCnet (http://www.tmcnet.com/usubmit/2006/02/28/1413980.htm)