10:52     FORTUNA INT'L<00530> - Announcement (2)                             

    Save as disclosed in this announcement, the Directors                     
    are not aware of any reasons for such decrease in the                     
    price and increase in the trading volume and the                          
    Directors confirm that there are no negotiations or                       
    agreements relating to intended acquisitions or                           
    realisations which are discloseable under rule 13.23                      
    of the Listing Rules. The board of Directors is also                      
    not aware of any matter discloseable under the general                    
    obligation imposed by rule 13.09 of the Listing Rules,                    
    which is or may be of a price-sensitive nature.                           
                                                                              
    As at the date of this announcement, Mr. Kwok Ying                        
    Chuen and Mr. Yu Won Kong, Dennis are the executive                       
    Directors; Mr. Tso Hon Sai, Bosco, Mr. Kwok Chi Sun,                      
    Vincent and Mr. Cheng Wing Keung, Raymond are the                         
    independent non-executive Directors.                                      
                                                                              
    By order of the board of                                                  
    Fortuna International Holdings Limited                                    
    Kwok Ying Chuen                                                           
    Director                                                                  
                                                                              
    Hong Kong, 12th May 2005