BRIEF-Nine Express updates on share purchase agreement

April 28 (Reuters) - Nine Express Ltd

* Share purchase agreement was entered into between

connected-world as vendor, Cheng Ngok Fai as covenantor and

China U-Ton Holdings

* Pursuant to SP agreement a, connected- world to sell and

purchaser to purchase 100 million shares of HK$0.01 each in

capital of co for US$3.1 million

* Pursuant to SP agreement B, Full Dragon agreed to sell

shares representing about 9.4% of issued share capital of co for

US$7.3 million

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