10:15     K. WAH INT'L<00173> - Announcement (8)                              

    not be relied upon as the official translation of such Chinese names      
    or words.                                                                 
                                                                              
    By Order of the Board                                                     
    Steven Tong Kui Nam                                                       
    Company Secretary                                                         
                                                                              
                                                                              
    Hong Kong, 4th February 2005                                              
    As at the date of this announcement, the executive directors are Dr.      
    Lui Che Woo, Mr. Francis Lui Yiu Tung, Mr. Lennon Lun Tsan Kau, Mr.       
    Eddie Hui Ki On, Mr. William Lo Chi Chung and Ms. Paddy Tang Lui Wai      
    Yu, the non-executive director is Mr. Michael Leung Man Kin and the       
    independent non-executive directors are Sir David Akers-Jones, Dr.        
    Philip Wong Kin Hang, Dr. Leo Lee Tung Hai, Dr. Robin Chan Yau Hing,      
    Dr. Charles Cheung Wai Bun and Mr. Robert George Nield.