09:37 SKYNET(INTL GP)<00577> & PAUL Y-ITC<00498> - J.Ann. (5) Original counter for trading in Consolidated Shares (represented by new share certificates in board lot of 2,000 Consolidated Shares) commences Thursday, 27th January Establishment of temporary counter for trading in Consolidated Shares (represented by share certificates for the Old Shares) in board lot of 20 Consolidated Shares Thursday, 27th January Parallel trading commences Thursday, 27th January First day of operation of odd lot trading facility Thursday, 27th January Closure of temporary counter for trading in Consolidated Shares (represented by share certificates for the Old Shares) in board lot of 20 Consolidated Shares 4:00 p.m. on Tuesday, 22nd February Parallel trading ends Tuesday, 22nd February Last day of operation of odd lot trading facility Tuesday, 22nd February Last day for free exchange of new certificates for Consolidated Shares under new name Tuesday, 1st March Following the Capital Reorganisation taking effect on 23rd December, 2004, all light grey share certificates for any number of the Old Shares in issue immediately before the Capital Reorganisation became effective are deemed to be share certificates representing the Consolidated Shares, and will be effective as documents of title, on the basis of every 250 Old Shares for one Consolidated Share. Dealings in the Consolidated Shares are expected to commence on Thursday, 27th January, 2005. Parallel trading arrangements for the Consolidated Shares in the form of new share certificates (which will be either in light green (under the old name) or orange (under the new name) in colour) and light grey share certificates for the Old Shares will be established with the Stock Exchange and parallel trading will be permitted from Thursday, 27th January, 2005 to Tuesday, 22nd February, 2005, both days inclusive, at the counters mentioned in (i) and (ii) below: (i) with effect from 9:30 a.m. on Thursday, 27th January, 2005, a temporary counter (stock code: 2960 under the trading stock short name of SKYNET-OLD) for trading in the Consolidated Shares in board lots of 20 Consolidated Shares will be established and only light grey share certificates for the Old Shares can be traded at this counter. All light grey share certificates for the Old Shares will be valid for settlement and delivery for trading transacted at this counter on the basis that every 250 Old Shares represent one Consolidated Share; and (ii) with effect from 9:30 a.m. on Thursday, 27th January, 2005, trading on the original counter (stock code: 577 under the trading stock short name of SKYNET-NEW) will remain and will become a counter for trading in the Consolidated Shares in new board lots of 2,000 Consolidated Shares. Only light green (under old name) and orange (under new name) share certificates for the Consolidated Shares can be traded at this counter. The temporary counter for trading in the Consolidated Shares in board lots of 20 Consolidated Shares (represented by light grey share certificates for the Old Shares) will be removed after 4:00 p.m. on Tuesday, 22nd February, 2005. Thereafter, trading will only be in light green (under old name) or orange (under new name) share certificates for the Consolidated Shares (stock code: 577 under the trading stock short name of "SKYNET(INTL GP)") in board lots of 2,000. Further announcement will be made regarding the change of stock short name. The light grey share certificates for the Old Shares will then cease to be marketable and not be acceptable for delivery and settlement purposes but will remain effective as documents of title on the basis of every 250 Old Shares for one Consolidated Share.