09:05     RUILI HOLD<00491> & <02950> - Odd Lot Arrangement                   

    The Stock Exchange has received a message from Ruili Holdings Limited     
    which is reproduced as follows:                                           
                                                                              
    "Arrangement for odd lot trading                                          
                                                                              
    To facilitate trading of odd lots (if any) arising from the proposed Share
    Consolidation, the Company will procure Tai Fook Securities Company       
    Limited of 25th Floor, New Would Tower, 16-18 Queen's Road Central, Hong  
    Kong to arrange for the sale and purchase of odd lots on behalf of the    
    Shareholders and potential investors. Tai Fook Securities Company         
    Limited will provide this facility in the period from 20th December, 2004 
    to 25th January, 2005 (both dates inclusive). Holders of odd lots of the  
    Consolidated Shares who wish to take advantage of this facility either to 
    dispose of their odd lots of Consolidated Shares or to top up to board    
    lots of 10,000 Consolidated Shares may contact Mr. Gilbert Lam of Tai Fook
    Securities Company Limited at telephone number (852) 2160 9963 during such
    period. Holders of odd lots of the Consolidated Shares should note that   
    the facility will be made on a best efforts basis only. Hence, successful 
    matching of the sale and purchase of odd lots of the Consolidated Shares  
    is not guaranteed. Shareholders are recommended to consult their advisers 
    in respect of the odd lot trading arrangement.                            
                                                                              
    20/12/2004"