09:39     CHI CHEUNG<00112> - Announcement (4)                                

    "Share(s)" the ordinary share(s) of HK$0.01 each in the                   
    capital of the Company                                                    
                                                                              
    "Shareholder(s)" Holder(s) of the Shares                                  
                                                                              
    "Stock Exchange" The Stock Exchange of Hong Kong Limited                  
                                                                              
    "HK$" Hong Kong dollars                                                   
                                                                              
    "%" per cent.                                                             
                                                                              
    By order of the Board                                                     
    Chi Cheung Investment Company, Limited                                    
    Lam, Kwong-wai                                                            
    Company Secretary                                                         
                                                                              
    Hong Kong, 24 January 2005                                                
                                                                              
    As at the date of this announcement, the Board of Directors               
    of the Company comprises Mr. Thomas Lau, Luen-hung and Mr.                
    Joseph Lau, Luen-hung as executive directors, and Mr. Wang,               
    Jian Guo, Mr. Mok, Hon-sang and Mr. Wong, Tik-tung as                     
    independent non-executive directors.                                      
                                                                              
    Website: http://www.chicheung.com