09:47     FU JI CATERING<01175> - Announcement (1)                            

    The Stock Exchange of Hong Kong Limited takes no responsibility for       
    the contents of this announcement, makes no representation as to its      
    accuracy or completeness and expressly disclaims any liability            
    whatsoever for any loss howsoever arising from or in reliance upon        
    the whole or any part of the contents of this announcement.               
                                                                              
    This announcement is for information purposes only and does not           
    constitute an invitation or offer to acquire, purchase or subscribe       
    for securities.                                                           
                                                                              
    Unless otherwise defined in this announcement, terms defined in the       
    prospectus of the Company dated 7 December 2004 (the ``Prospectus'')      
    have the same meanings when used in this announcement.                    
                                                                              
    FU JI Food and Catering Services Holdings Limited                         
    (a company incorporated in Cayman Islands with limited liability)         
    (Stock Code: 1175)                                                        
                                                                              
    EXERCISE OF OVER-ALLOTMENT OPTION                                         
                                                                              
    The Company announces that the Over-allotment Option mentioned in         
    the Prospectus was exercised in full by CAF Securities (on behalf         
    of the Joint Lead Managers and the Placing Underwriters) on 5 January     
    2005 in respect of an aggregate of 15,000,000 Shares, representing        
    approximately 15% of the Offer Shares initially available under the       
    Share Offer, solely to cover over-allocation in the Placing.              
    15,000,000 Shares will be allotted and issued by the Company at           
    HK$3.10 per Share, which is the same price per Share under the Public     
    Offer.                                                                    
                                                                              
    The Company announces that the Over-allotment Option mentioned in         
    the Prospectus was exercised in full by CAF Securities on behalf of       
    the Joint Lead Managers and the Placing Underwriters on 5 January         
    2005 in respect of an aggregate of 15,000,000 Shares (the                 
    ``Over-allotment Shares''), representing approximately 15% of the         
    Offer Shares initially available under the Share Offer, solely to         
    cover over-allocation in the Placing, at HK$3.10 per Share, which         
    is the same price per Share under the Public Offer. CAF Securities        
    has borrowed 15,000,000 Shares from Million Decade Limited pursuant       
    to the Stock Borrowing Agreement to cover over-allocations in the         
    Placing. The relevant Shares will be returned and redelivered to          
    Million Decade Limited following the allotment and issue of the           
    Over-allotment Shares.                                                    
                                                                              
    Listing of and permission to deal in the Over-allotment Shares have       
    already been granted by the Listing Committee of the Stock Exchange.      
                                                                              
    The shareholding structure of the Company immediately before and          
    immediately after the issue by the Company of the Over-allotment          
    Shares are as follows:                                                    
                                                                              
    Immediately before the issue of the Over-allotment Shares                 
                                                                              
    Immediately after the issue of the Over-allotment Shares                  
                                                                              
    Shareholder   Number of Shares   Approximate percentage of the            
    Company's issued share capital   Number of Shares   Approximate           
    percentage of the Company's enlarged issued share capital                 
                                                                              
    Million Decade Limited   210,000,000   52.50%   210,000,000               
    50.60%                                                                    
                                                                              
    Top Ample Limited   75,000,000   18.75%   75,000,000   18.07%             
                                                                              
    Mr. Wei Ming   15,000,000   3.75%   15,000,000   3.61%                    
                                                                              
    Public shareholders   100,000,000   25.00%   115,000,000                  
    27.71%                                                                    
                                                                              
    Total number of Shares   400,000,000   100.00%   415,000,000              
    100.00%