09:52     FE TECH INT'L<00036> - Announcement (2)                             

    Certificates of the existing Shares which are                             
    submitted after 4:00 p.m. on Monday, 21 March 2005 will                   
    only be accepted for exchange upon payment to the                         
    branch share registrar of the Company at a fee of                         
    HK$2.50 (or such higher amount as may from time to time                   
    be allowed by the Stock Exchange) for each existing                       
    Share certificate submitted for exchange. All the                         
    certificates of the existing Shares will continue to                      
    be good evidence of their legal title and may be                          
    exchanged for certificates of the Adjusted Shares at                      
    any time at the expense of the Shareholders.                              
                                                                              
    CHANGE IN BOARD LOT SIZE                                                  
    The board lot for trading in the Adjusted Shares will                     
    be changed to 3,000 Adjusted Shares upon the Capital                      
    Reorganisation becoming effective. The temporary                          
    counter for trading in the Adjusted Shares in board                       
    lots of 400 will open at 9:30 a.m. on Wednesday, 2                        
    February 2005 and the original counter for trading in                     
    the Adjusted Shares in board lot of 3,000 will reopen                     
    at 9:30 a.m. on Monday, 21 February 2005. Parallel                        
    trading will commence on Monday, 21 February 2005.                        
                                                                              
    The Company has appointed a broker, Kingston                              
    Securities Limited, as an agent to provide matching                       
    services for the sale and purchase of odd lots of                         
    Adjusted Shares on a best efforts basis arising from                      
    the change in board lot size. Such service shall be                       
    available from 9:30 a.m. on Wednesday, 2 February 2005                    
    up to and including 4:00 p.m. on Monday, 14 March 2005.                   
    Shareholders who wish to take advantage of this                           
    facility should contact Ms. Rosita Kiu of Kingston                        
    Securities Limited at Suite 2801, 28th Floor, One                         
    International Finance Centre, 1 Harbour View Street,                      
    Hong Kong at telephone number 2298 6215. Shareholders                     
    should note that successful matching of the sale and                      
    purchase of odd lots of the Adjusted Shares is not                        
    guaranteed.                                                               
                                                                              
    TIMETABLE                                                                 
    Set out below is the timetable in relation to the                         
    Capital Reorganisation, trading arrangements for the                      
    existing Shares and the Adjusted Shares and the free                      
    exchange of the certificates of the Adjusted Shares.                      
    Further announcement will be made if there is any                         
    change in the timetable.                                                  
                                                                              
    2005                                                                      
                                                                              
    Hearing of the Petition for confirmation of the                           
    Capital Reduction by the Court   Tuesday, 25 January                      
                                                                              
    Effective date of the Capital Reorganisation                              
    Wednesday, 2 February                                                     
                                                                              
    Dealings in the Adjusted Shares commence   9:30 a.m.                      
    on Wednesday, 2 February                                                  
                                                                              
    First day for the designated broker to stand in the                       
    market to provide matching services   9:30 a.m. on                        
    Wednesday, 2 February                                                     
                                                                              
    Closure of original counter for trading in existing                       
    Shares (represented by existing share certificates)                       
    in board lots of 2,000    9:30 a.m. on Wednesday, 2                       
    February                                                                  
                                                                              
    Temporary counter for trading in the Adjusted Shares                      
    (represented by existing share certificates) in board                     
    lots of 400 opens    9:30 a.m. on Wednesday, 2 February                   
                                                                              
    First day for free exchange of existing share                             
    certificates of the Shares for new share certificates                     
    of the Adjusted Shares    Wednesday, 2 February                           
                                                                              
    Original counter for trading in the Adjusted Shares                       
    (represented by new share certificates) in board lot                      
    of 3,000 reopens    9:30 a.m. on Monday, 21 February                      
                                                                              
    Parallel trading commences   Monday, 21 February                          
                                                                              
    Closure of temporary counter for trading in the                           
    Adjusted Shares (represented by existing share                            
    certificates) in board lots of 400    4:00 p.m. on                        
    Monday, 14 March                                                          
                                                                              
    Parallel trading ends   4:00 p.m. on Monday, 14 March