08:55     RICHE M-MEDIA<00764> & <02958> - Parallel Trading                   

    Market participants are requested to note the parallel trading in the     
    ordinary shares of Riche Multi-Media Holdings Limited will commence at    
    9:30 a.m. today (31/1/2005) under the following particulars: -            
                                                                              
    Stock Code  Stock Short Name     Board Lot        Certificate Colour      
    ----------  ----------------     ---------        -----------------       
    764         RICHE-NEW            10,000 shares     Purple                 
    2958        RICHE-OLD            10,000 shares     Blue                   
                                                                              
    Settlement of trading at each counter shall be in respect of the shares   
    traded at the respective counters.