09:21     FUJIKON IND<00927> - Announcement (2)                               

    Notwithstanding the above, as at the date of 25 November 2002 and         
    as shown in the register of members of the Company kept by Hong           
    Kong Registrars Limited, the Company's branch share registrar in          
    Hong Kong, the Company had a total of 96 shareholders of which,           
    to the best of the knowledge and belief of the Directors after            
    reasonable enquiries, 86 shareholders were not connected with the         
    Company, the Directors and the substantial shareholders of the            
    Company or any of their respective associates.                            
                                                                              
    The Directors confirm that the Company and/or the controlling             
    shareholders of the Company will take appropriate steps to ensure         
    that no less than 25 per cent. of the issued share capital of the         
    Company will be held by the public within 3 months from the date          
    of this announcement.                                                     
                                                                              
    The Company will inform the Stock Exchange as soon as possible            
    when it becomes aware of a change in the circumstances which would        
    affect the independence of Value Partners Limited.                        
                                                                              
    Shareholders of the Company and investors are reminded to                 
    exercise extreme caution when dealing in the Shares.                      
                                                                              
    By order of the Board                                                     
    Fujikon Industrial Holdings Limited                                       
    Yeung Chi Hung, Johnny                                                    
    CHAIRMAN                                                                  
    Hong Kong, 27 November 2002