09:37     MENGNIU DAIRY<02319> - Announcement                                 

    The Stock Exchange of Hong Kong Limited takes no responsibility           
    for the contents of this announcement, make no representation as          
    to its accuracy or completeness and expressly disclaim any                
    liability whatsoever for any loss howsoever arising from or in            
    reliance upon the whole or any part of the contents of this               
    announcement.                                                             
                                                                              
    China Mengniu Dairy Company Limited                                       
    (Incorporated in the Cayman Islands with limited liability)               
                                                                              
    (Stock Code: 2319)                                                        
                                                                              
    CHANGE OF BOOK CLOSE DATE                                                 
                                                                              
    The register of members of the Company will be closed from                
    Wednesday, 22 June 2005 to Tuesday, 28 June 2005, both dates              
    inclusive, for the purpose of registering entitlements to the             
    Final Dividend. The Final Dividend payable date will remain               
    unchanged as 8 July 2005.                                                 
                                                                              
    Reference is made to the announcement by the Company dated 6 April        
    2005 in respect of the results of the Company for the year ended          
    31 December 2004 (the ``Announcement'') and the declaration of            
    final dividend distribution in respect of such period (the ``Final        
    Dividend'').                                                              
                                                                              
    The Company wishes to inform its shareholders that due to the             
    change of date in holding its annual general meeting, the register        
    of members of the Company will now be closed from Wednesday, 22           
    June 2005 to Tuesday, 28 June 2005, both dates inclusive instead          
    of from Wednesday, 25 May 2005 to Monday, 30 May 2005 as disclosed        
    in the Announcement. The Final Dividend payable date will remain          
    unchanged as 8 July 2005. Notice of annual general meeting will           
    be despatched to its shareholders in due course. In order to              
    qualify for the Final Dividend, all transfers, accompanied by the         
    relevant share certificates, must be lodged with the Company's            
    share registrar, Computershare Hong Kong Investor Services                
    Limited, at Shops 1712--16, 17th Floor, Hopewell Centre, 183              
    Queen's Road East, Hong Kong for registration no later than 4:00          
    p.m. on Tuesday, 21 June 2005.                                            
                                                                              
    By order of the Board                                                     
    Lo Ka Wai, Claudia                                                        
    Company Secretary                                                         
                                                                              
    Hong Kong, 16 May 2005                                                    
                                                                              
    As at the date of this announcement, the Executive Directors are          
    Mr Niu Gensheng, Ms Lu Jun, Mr Sun Yubin and Mr Yang Wenjun. The          
    Non-executive Directors are Mr Jiao Shuge (alias Jiao Zhen), Mr           
    Liu Haifeng, David and Ms Jin Yujuan, Lily. The Independent               
    non-executive Directors are Mr Wang Huaibao, Mr Zhang Julin and           
    Mr Li Jianxin.