08:54     ALPHA GENERAL<00073> - Share Consolidation                          

    Market participants are requested to note that the ordinary shares of     
    HK$0.01 each ("Old Shares") in the capital of Alpha General (Holdings)    
    Limited will be consolidated into ordinary shares of HK$0.20 each         
    ("New Shares") on the basis of 20 into 1 subject to its shareholders'     
    approval at the Special General Meeting to be held on 27/01/2003.  Upon   
    the proposals becoming effective, a temporary counter under stock code    
    2912 and stock short name "ALPHA GENERAL" will be established for trading 
    in board lots of 100 New Shares each to replace the present counter       
    (stock code: 73) for trading in board lots of 2,000 Old Shares each       
    effective from Tuesday, 28/01/2003.