FE PHARMA TECH<00399> - Share Subdivision

Market participants are requested to note that the ordinary
shares of HK$0.10 each ("Old Shares") in the capital of Far East
Pharmaceutical Technology Company Limited will be subdivided into 
ordinary shares of HK$0.025 each ("New Shares") on the basis of 1
into 4 subject to its shareholders' approval at the Extraordinary
General Meeting to be held on 27/10/2003.  Upon the proposals 
becoming effective, a temporary counter under stock code 2973 and 
stock short name "FE PHARMA TECH" will be established for trading 
in board lots of 8,000 New Shares each to replace the present 
counter (stock code: 399) for trading in board lots of 2,000 Old
Shares each effective from Tuesday, 28/10/2003.