09:51     SUN HUNG KAI CO<00086> - Announcement (4)                           

    "%"     per cent                                                          
                                                                              
    By order of the Board                                                     
    Sun Hung Kai & Co. Limited                                                
    Hester Wong Lam Chun                                                      
    Company Secretary                                                         
                                                                              
    Hong Kong, 22 March 2005                                                  
                                                                              
    As at the date of this announcement, the Board                            
    comprises Mr. Patrick Lee Seng Wei and Mr. Joseph Tong                    
    Tang being the executive Directors, Mr. Arthur George                     
    Dew (Chairman) being the non-executive Director, and                      
    Sir Gordon Macwhinnie, Mr. David Craig Bartlett, Mr.                      
    Peter Wong Man Kong and Mr. Carlisle Caldow Procter                       
    being the independent non-executive Directors.