PAC CHALLENGE<00166> - Trading in the Nil Paid Rights

Trading in the nil paid Rights in the ordinary shares of Pacific Challenge 
Holdings Limited will commence at 9:30 a.m. on Thursday, 10/04/2003 under 
the following particulars (FORCE MAJEURE WARNING: These rights are 
conditional): -

Stock Code      Stock Short Name        Board Lot
----------      ----------------        ---------
2930            PACCHALLENGERTS         2,000 shares