SOUTH CHINA H<0265> - Share Subdivision

Market participants are requested to note that the shareholders of South 
China Holdings Limited ("South China Hold") have approved the subdivision 
of shares on the basis of 1 then existing ordinary shares ("Old Shares") 
of South China Hold into 4 new ordinary shares ("New Shares").  Effective 
from today (16/8/2001), a temporary counter under stock code 2975 and 
stock short name "SOUTH CHINA H" will be established for trading in board 
lots of 8,000 New Shares each to replace the previous counter (stock code: 
265) for trading in board lots of 2,000 Old Shares each.