09:27     FORTUNA INT'L<00530>-Announcement&Resumption of Trading (3)         

    Ranking of Top-Up Subscription Shares                                     
    The Top-Up Subscription Shares, when issued and fully                     
    paid, will rank pari passu among themselves and with                      
    Shares in issue at the time of issue and allotment of                     
    the Top-Up Subscription Shares.                                           
                                                                              
    Conditions                                                                
    The Top-Up Subscription is conditional upon:                              
                                                                              
    (a)   the Listing Committee of the Stock Exchange                         
    granting the listing of, and permission to deal in, the                   
    Top-Up Subscription Shares, and                                           
                                                                              
    (b)   completion of the Placing.                                          
                                                                              
    Application will be made to the Stock Exchange to grant                   
    the listing of, and permission to deal in, the Top-Up                     
    Subscription Shares.                                                      
                                                                              
    Completion                                                                
    Under the Listing Rules, the Top-Up Subscription must                     
    be completed within 14 days from the date of the                          
    Placing Agreement, that is, on or before 13 December                      
    2004.                                                                     
                                                                              
    In the event that the conditions to the Top-Up                            
    Subscription Agreement are not fulfilled by 13 December                   
    2004, the Company and the Vendor may elect, subject to                    
    compliance with all requirements in relation to                           
    connected transactions under the Listing Rules, to                        
    postpone completion of the Top-Up Subscription to a                       
    later date to be agreed between the Company and the                       
    Vendor.                                                                   
                                                                              
    There is no introduction of any new substantial                           
    Shareholder upon completion of the Placing.                               
                                                                              
    EFFECTS ON SHAREHOLDING STRUCTURE                                         
                                                                              
    Name of Shareholders/No. of shares held   Existing                        
    After Placing   After Top-Up Subscription                                 
                                                                              
    Ample Glory Limited (note 1)   1,505,771,910   12.78%                     
    335,771,910   2.85%   1,505,771,910   11.63%                              
                                                                              
    Mr. Kwee Cahyadi Kumala (note 2)   779,910,624   6.62%                    
    779,910,624   6.62%   779,910,624   6.02%                                 
                                                                              
    Ms. Lu Siu Bo (note 3)   719,012,200   6.10%                              
    719,012,200   6.10%   719,012,200   5.55%                                 
                                                                              
    Pan Asia Sat  Media Ltd.   665,568,000   5.65%                            
    665,568,000   5.65%   665,568,000   5.14%                                 
                                                                              
    Public                                                                    
    Other shareholders   8,111,555,492   68.85%                               
    8,111,555,492   68.85%   8,111,555,492   62.63%                           
    Placees   -   0.00%   1,170,000,000   9.93%                               
    1,170,000,000   9.03%                                                     
                                                                              
    Total   11,781,818,226   100.00%   11,781,818,226                         
    100.00%   12,951,818,226   100.00%                                        
                                                                              
    Notes:                                                                    
                                                                              
    1.   The Shares are held by the Vendor, which is                          
    wholly-owned by Mr. Kwok Ying Leung ("Mr. Kwok).                          
    Accordingly, Mr. Kwok is deemed to be interested in                       
    Shares held by the Vendor. Ms. Cheung Lai Sheung,                         
    Winnie, ("Ms. Cheung") , is the spouse of Mr. Kwok and                    
    therefore, Ms. Cheung is also deemed to be interested                     
    in the Shares held by the Vendor by virture of the                        
    interest in such Shares of her spouse. Both Mr. Kwok                      
    and Ms. Cheung are not the directors of the Company or                    
    any of its subsidiaries.                                                  
                                                                              
    2.   Mr. Kwee Cahyadi Kumala ("Mr. Kwee") is the sole                     
    shareholder of Prestbury Incorporated Ltd.                                
    ("Prestbury"), which presently holds 727,410,624 Shares.                  
    Being the sole shareholder of Prestbury, Mr, Kwee is                      
    deemed to be interested in the Shares held by Prestbury.                  
    In this regard, Mr. Kwee is interested in 779,910,624                     
    Shares which comprise (i) the 727,410,624 Shares held                     
    by Prestbury and (ii) 52,500,000 Shares held by Mr.                       
    Kwee personally.