ANANDA WING ON<1189> - Share Subdivision

Market participants are requested to note that the shareholders of Ananda 
Wing On Travel (Holdings) Limited ("Ananda Wing On") have approved the 
subdivision of shares on the basis of 1 then existing ordinary shares 
("Old Shares") of Ananda Wing On into 10 new ordinary share ("New 
Shares").  Effective from today (31/7/2000), a temporary counter under 
stock code 2910 and stock short name "ANANDA WING ON" will be established 
for trading in board lots of 20,000 New Shares each to replace the 
previous counter (stock code: 1189) for trading in board lots of 2,000 Old 
Shares each.