09:03     JP-PICC @EC0504<02109> - Withdrawal of Listing                      

    Market participants are requested to note that listing of the 2005        
    European Style Cash-Settled Call Warrants relating to existing issued     
    ordinary H Shares of RMB1.00 each of PICC Property and Casualty Company   
    Limited issued by J.P. Morgan International Derivatives Ltd. (stock code: 
    2109) will be withdrawn after the close of business today (07/04/2005).