N P H INT'L<0182> - Share Consolidation

Market participants are requested to note that the shares of HK$0.02 each 
(after capital restructuring)("Old Shares") in the capital of N P H 
International Holdings Limited will be consolidated into shares of HK$0.10 
each ("New Shares") on the basis of 5 into 1 subject to its shareholders' 
approval at the Special General Meeting to be held on 25/4/2000.  Upon the 
proposals becoming effective, a temporary counter under stock code 2995 
and stock short name "N P H INT'L" will be established for trading in 
board lots of 400 New Shares each to replace the present counter (stock 
code: 182) for trading in board lots of 2,000 Old Shares each effective 
from Wednesday, 26/4/2000.