09:44     FUSHAN HOLDINGS<00639> - Announcement (2)                           

    56 Gloucester Road, Wanchai, Hong Kong, in exchange                       
    for new share certificates at the expense of the                          
    Company. The new share certificates will be available                     
    to the Shareholders for collection within ten days                        
    from the date of submission for the exchange. Any                         
    submission after that period will only be accepted                        
    for exchange at a fee of HK$2.5 (or such higher amount                    
    as may from time to time be allowed by the Stock                          
    Exchange) per new share certificate.                                      
                                                                              
    The change of name of the Company will not affect any                     
    rights of the Shareholders. All existing share                            
    certificates bearing the present name of the Company                      
    will after the change of name of the Company becoming                     
    effective continue to be evidence of titles to the                        
    Shares and will be valid for trading, settlement,                         
    registration and delivery for the same number of                          
    Shares in the new name of the Company. Once the change                    
    of name of the Company has become effective, any new                      
    share certificates shall be issued in the new name                        
    of the Company.                                                           
                                                                              
    A circular containing, among other things, details                        
    of the proposed change name of the Company and setting                    
    out arrangements for the exchange of existing share                       
    certificates for new share certificates bearing the                       
    new company name together with the 2004 Annual Report                     
    of the Company, a notice convening the AGM and the                        
    form of proxy for the AGM, will be despatched to                          
    Shareholders as soon as practicable.                                      
                                                                              
    Further announcement will be made by the Company when                     
    the change of name of the Company has become                              
    effective.                                                                
                                                                              
    By Order of the Board                                                     
    SO Kwok Hoo                                                               
    Executive Director                                                        
                                                                              
    Hong Kong, 25 April 2005                                                  
                                                                              
    As at the date of this announcement, the Director                         
    comprises Mr. Wong Lik Ping, Mr. So Kwok Hoo and Mr.                      
    Li King Luk as executive directors and Mr. Kee Wah                        
    Sze, Mr. Choi Wai Yin and Mr. Chan Pat Lam as                             
    independent non-executive directors.                                      
                                                                              
    * For the Chinese name, please refer to the press announcement today.