09:18     CHIA TAI ENT<00121> - Announcement                                  

    The Stock Exchange of Hong Kong Limited takes no                          
    responsibility for the contents of this announcement,                     
    makes no representation as to its accuracy or                             
    completeness and expressly disclaims any liability                        
    whatsoever for any loss howsoever arising from or in                      
    reliance upon the whole or any part of the contents                       
    of this announcement.                                                     
                                                                              
    CHIA TAI ENTERPRISES INTERNATIONAL LIMITED                                
    (Incorporated in the Cayman Islands with limited                          
    liability)                                                                
    (Stock Code: 121)                                                         
                                                                              
    DELAY IN DESPATCH OF CIRCULAR                                             
                                                                              
    The Company has applied to the Stock Exchange for a                       
    further extension of time for the despatch of the                         
    Circular to a date falling on or before 29th March,                       
    2005.                                                                     
                                                                              
    Reference is made to the announcement dated 17th                          
    February, 2005 (the "Announcement") issued by Chia                        
    Tai Enterprises International Limited (the "Company")                     
    in relation to certain continuing connected                               
    transactions for the Company under the Rules Governing                    
    the Listing of Securities on The Stock Exchange of                        
    Hong Kong Limited (the "Stock Exchange") (the "Listing                    
    Rules"). Terms defined in the Announcement shall have                     
    the same meaning when used herein unless the context                      
    otherwise requires.                                                       
                                                                              
    In view of the numbers of Continuing Connected                            
    Transactions involved, additional time is required                        
    to compile the relevant information including certain                     
    projected trading information of the relevant CTEI                        
    Supermarket Subsidiaries and/or the relevant                              
    connected persons for the independent financial                           
    adviser of the Company to prepare its letter of advice                    
    for the purpose of inclusion in the circular, the                         
    Company has applied to the Stock Exchange for a waiver                    
    from strict compliance with Rule 14A.49 of the Listing                    
    Rules to the effect that the despatch of the circular                     
    in relation to the matters as detailed in the                             
    Announcement will be postponed to a date falling on                       
    or before 29th March, 2005.                                               
                                                                              
    As at the date of this announcement, the board of                         
    directors of the Company comprises nine executive                         
    Directors, namely Mr. Soopakij Chearavanont, Mr. Tse                      
    Ping, Dr. Lee G. Lam, Mr. Narong Chearavanont, Mr.                        
    Supachai Chearavanont, Mr. Chatchaval Jiaravanon, Mr.                     
    Kachorn Chiaravanont, Mr. Yang Xiaoping and Mr. Robert                    
    Ping-Hsien Ho and three independent non-executive                         
    Directors, namely, Mr. Viroj Sangsnit, Mr. Chokchai                       
    Kotikula and Mr. Cheng Yuk Wo.                                            
                                                                              
    By Order of the Board                                                     
    Chia Tai Enterprises International Limited                                
    Robert Ping-Hsien Ho                                                      
    Director                                                                  
                                                                              
    Hong Kong, 10th March, 2005