Resolution Passed

PROPOSED CONSOLIDATION OF EVERY FIVE (5) ISSUED AND UNISSUED ORDINARY SHARES OF S$0.10 EACH IN THE CAPITAL OF BEYONICS TECHNOLOGY LIMITED (THE "COMPANY") INTO TWO (2) ORDINARY SHARES OF S$0.25 EACH IN THE CAPITAL OF THE COMPANY

The Board of Directors of the Company is pleased to announce that at the Extraordinary General Meeting ("EGM") of the Company held on 18 December 2003, the resolution as set out in the Notice of EGM dated 3 December 2003 was approved by the shareholders of the Company (the "Shareholders").

A further announcement will be made in due course to inform Shareholders of the books closure date for the purposes of determining holdings of Shareholders of the S$0.25 Shares arising from the consolidation and the expected date for the trading of the S$0.25 Shares.

Submitted by Tay Peng Huat, Company Secretary on 18/12/2003 to the SGX