Listed Company Information
 

PREMIUM LAND<00164> - Share Consolidation

Market participants are requested to note that the shareholders of Premium 
Land Limited ("PREMIUM LAND") have approved the consolidation of shares on 
the basis of 20 then existing ordinary shares ("Old Shares") of PREMIUM 
LAND into 1 new ordinary shares ("New Shares").  Effective from today (07
/04/2005), a temporary counter under stock code 2971 and stock short name 
"PREMIUM LAND" will be established for trading in board lots of 500 New 
Shares each to replace the previous counter (stock code: 164) for trading 
in board lots of 10,000 Old Shares each.