08:55     NORTHERN INT'L<00736> - Share Consolidation                         

    Market participants are requested to note that the ordinary               
    shares of HK$0.01 each ("Old Shares") in the capital of Northern          
    International Holdings Limited will be consolidated into ordinary         
    shares of HK$0.20 each ("New Shares") on the basis of 20 into 1           
    subject to its shareholders' approval at the Special General Meeting      
    to be held on 04/05/2005.  Upon the proposals becoming effective, a       
    temporary counter under stock code 2975 and stock short name              
    "NORTHERN INT'L" will be established for trading in board lots of 2,500   
    New Shares each to replace the present counter (stock code: 736) for      
    trading in board lots of 50,000 Old Shares each effective from Thursday,  
    05/05/2005.