UNIVERSE INT'L<1046> - Share Subdivision

Market participants are requested to note that the shareholders of 
Universe International Holdings Limited ("Universe Int'l") have approved 
the subdivision of shares on the basis of 1 then existing ordinary shares 
("Old Shares") of Universe Int'l into 5 new ordinary shares ("New 
Shares").  Effective from today (28/11/2000), a temporary counter under 
stock code 2939 and stock short name "UNIVERSE INT'L" will be established 
for trading in board lots of 10,000 New Shares each to replace the 
previous counter (stock code: 1046) for trading in board lots of 2,000 Old 
Shares each.