09:14     FORTUNA INT'L<00530> - 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 however arising from or in                        
    reliance upon the whole or any part of the contents                       
    of this announcement.                                                     
                                                                              
    FORTUNA INTERNATIONAL HOLDINGS LIMITED                                    
    (incorporated in Bermuda with limited liability)                          
    (Stock code: 530)                                                         
                                                                              
    CHANGE IN BOARD LOT SIZE                                                  
                                                                              
    The board lot for trading in the Shares on the Stock                      
    Exchange will be changed from 2,000 Shares to 20,000                      
    Shares with effect from 1st February 2005. Emperor                        
    Securities Limited has been appointed to provide                          
    matching services to those Shareholders who wish to                       
    top up or sell their holdings of the odd lots of Shares                   
    from 1st February 2005 to 28th February 2005 (both day                    
    inclusive).                                                               
                                                                              
    A circular providing details of the change in board                       
    lot size and odd lot arrangement for the Shares will                      
    be despatched to the Shareholders as soon as                              
    practicable.                                                              
                                                                              
    CHANGE IN BOARD LOT SIZE AND ODD LOT ARRANGEMENT                          
    The board of directors ("Board") of Fortuna                               
    International Holdings Limited (the "Company")                            
    announces that the board lot for trading in the shares                    
    of HK$0.01 each in the capital of the Company ("Shares")                  
    on The Stock Exchange of Hong Kong Limited ("Stock                        
    Exchange") will be changed from 2,000 Shares to 20,000                    
    Shares with effect from 1st February 2005. The change                     
    is effected in order to reduce the trading costs for                      
    the investors and shareholder ("Shareholders") of the                     
    Company and will not result in any change in the                          
    relative rights of the Shareholders.  The directors                       
    of the Company are of the opinion that the change in                      
    board lot size is in the best interest of the Company                     
    and its Shareholders.                                                     
                                                                              
    In order to alleviate the difficulties arising from                       
    the existence of odd lots from the change in board lot                    
    size of Shares, the Company has agreed to procure                         
    Emperor Securities Limited to stand in the market to                      
    provide matching services for the odd lots of Shares                      
    on a best effort basis during the period from 1st                         
    February 2005 to 28th February 2005 (both days                            
    inclusive). Shareholders who wish to take advantage                       
    of this matching services either to top up or sell                        
    their holdings of Shares may contact Mr. Wilson Lee                       
    of Emperor Securities Limited at 24th Floor, Emperor                      
    Group Centre, 288 Hennessy Road, Wanchai, Hong Kong                       
    at telephone number (852) 2836-2601. Share                                
    certificates in board lot of 2,000 Shares will                            
    continue to be evidence of entitlement to the Shares                      
    and be valid for trading, delivery and settlement.                        
    There will be no new Share certificate issued as a                        
    result of the change in board lot size, and therefore                     
    no arrangement for free exchange of existing Share                        
    certificates in board lots of 2,000 Shares for new                        
    Share certificates in board lots of 20,000 Shares.                        
    Save and except for the change in the number of Shares                    
    for each board lot, new certificates of Shares will                       
    have the same format and colour as the existing                           
    certificates of Shares.                                                   
                                                                              
    Emperor Securities Limited is an independent third                        
    party not connected with any of the directors, chief                      
    executives, or substantial shareholders of the                            
    Company or any of its subsidiaries or associates.                         
    Holders of Shares in odd lots should note that                            
    successful matching of the sale and purchase of odd                       
    lots of Shares is not guaranteed. Shareholders are                        
    advised to consult their professional advisers if they                    
    are in doubt about the above procedures.                                  
                                                                              
    GENERAL                                                                   
    A circular providing details of the change in board                       
    lot size and odd lot trading arrangement for the Shares                   
    will be despatched to the Shareholders as soon as                         
    practicable.