09:22     SWIRE PACIFIC<00019> & <00087> - 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.                                     
                                                                              
    SWIRE PACIFIC LIMITED                                                     
    (Incorporated in Hong Kong with limited liability)                        
    (Stock Codes: 00019 and 00087)                                            
                                                                              
    Delay in despatch of 2004 Annual Report                                   
                                                                              
    Despatch of 2004 Annual Report delayed to 19th April 2005 and the         
    Financial Calendar and Information  for Investors in the 2004 Annual      
    Report amended accordingly.                                               
                                                                              
    The preliminary announcement on 10th March 2005 of the Company's 2004     
    final results advised that the 2004 Annual Report would be sent to        
    Shareholders on 12th April 2005.                                          
                                                                              
    On 6th April 2005, the 2004 Annual Report was put on the Company's website
    at http://swirepacific.com and also on the website of The Stock Exchange  
    of Hong Kong Limited.  However, the distribution of the printed copies is 
    delayed because of a fault with the printer's equipment.  The printed     
    copies are now expected to be sent to Shareholders on 19th April 2005.  As
    a result, the Financial Calendar and Information for Investors on page    
    120 of the 2004 Annual Report will be amended accordingly and a revised   
    version will be put on the relevant websites.                             
                                                                              
    As at the date of this announcement, the Directors of the Company are:    
    Executive Directors: D M Turnbull, M Cubbon, D Ho and K G Kerr; Non-      
    Executive Directors: Baroness Dunn, J W J Hughes-Hallett, P A Johansen and
    Sir Adrian Swire; and Independent Non-Executive Directors: D G Eldon, C K 
    M Kwok, C Lee, M M T Yang and M C C Sze.                                  
                                                                              
                                                                              
    Margaret Yu                                                               
    Secretary                                                                 
    Hong Kong, 11th April 2005