09:21     NIPPON ASIA INV<00603> & <02970> - Odd Lot Arrangement              

    The Stock Exchange has received a message from Nippon Asia Investments    
    Holdings Limited which is reproduced as follows:                          
                                                                              
    "In order to alleviate the difficulties in trading odd lots of New Shares 
    arising from the Capital Reorganisation, the Company has appointed        
    Kingston Securities Limited (the "Agent") to match the sale and purchase  
    of odd lots of the New Shares on a best effort basis. The Agent           
    will provide the service for the sale and purchase of odd lots of the New 
    Shares during the period from 6 April 2005 to 12 May 2005, both days      
    inclusive. Holders of the New Shares in odd lots who wish to take         
    advantage of this facility either to dispose of or top up their odd lots  
    to a board lot of 20,000 New Shares may, directly or through their        
    brokers, contact the Agent during such period. The address of the Agent is
    Suite 2801, 28th Floor, One International Finance Centre, 1 Harbour View  
    Street, Central, Hong Kong and the contact person is Ms Rosita Kiu at     
    (852) 2298-6215. Shareholders should note that successful matching of the 
    sale and purchase of odd lots of the New Shares is not guaranteed. The    
    Shareholders are advised to consult their professional advisers if they   
    are in doubt about the above procedures.                                  
                                                                              
                                                                              
    Hong Kong, 6th April, 2005"