11:07     MELCO INT'L DEV<00200> - Announcement (20)                          

    Dr. Stanley Ho (Note e)   15,023,867   3.060                              
    15,023,867   2.992   15,023,867   2.678   15,023,867                      
    2.534                                                                     
                                                                              
    Madam Lucina Laam King Ying   222,287   0.045   222,287                   
    0.044   222,287   0.040   222,287   0.037                                 
                                                                              
    Great Respect (Note f)   -   -   -   -   58,956,347                       
    10.508   58,956,347   9.943                                               
                                                                              
    STDM   -   -   11,111,111   2.213   11,111,111   1.980                    
    42,940,379   7.242                                                        
                                                                              
    Aggregate interest of the Concert Party   259,066,422                     
    52.761   270,177,533   53.806   329,133,880   58.660                      
    360,963,148   60.879                                                      
                                                                              
    Others (Public)   231,952,848   47.239   231,952,848                      
    46.194   231,952,848   41.340   231,952,848   39.121                      
                                                                              
    Notes:                                                                    
                                                                              
    a.   Each column assumes the steps referred to in all                     
    previous columns have been completed.                                     
                                                                              
    b.   Better Joy is owned as to 77% by Mr. Lawrence Ho                     
    and as to 23% by Dr. Stanley Ho.                                          
                                                                              
    c.   Interest of Mr. Lawrence Ho includes his personal                    
    interest and the interest held through Lasting Legend,                    
    a company controlled and wholly owned by him.                             
                                                                              
    d.   Interest of Shun Tak Shipping Co. Ltd. includes                      
    the interests held by it and its wholly owned                             
    subsidiaries.                                                             
                                                                              
    e.   Interest of Dr. Stanley Ho includes his personal                     
    interests and interests held through three companies                      
    controlled and wholly owned by him, namely, Sharikat                      
    Investments Limited, Dareset Limited and Lanceford                        
    Limited.                                                                  
                                                                              
    f.   Great Respect is a company controlled by a                           
    discretionary family trust of Dr. Stanley Ho.                             
    Discretionary beneficiaries of the trust include Dr.                      
    Stanley Ho, Mr. Lawrence Ho and Madam Lucina Laam King                    
    Ying.                                                                     
                                                                              
    FUND RAISING EXERCISES CARRIED OUT BY MELCO IN THE PAST                   
    TWELVE MONTHS                                                             
    Save for the following fund raising exercises, Melco                      
    has not undertaken any fund raising exercise in the past                  
    twelve months:                                                            
                                                                              
    (i)   as part of the Group reorganization as disclosed                    
    in two announcements and a circular of Melco                              
    respectively dated 23rd March 2004, 1st April 2004 and                    
    23rd April 2004, Melco acquired 80% equity interests                      
    in Mocha Slot on 9th June 2004 for a total consideration                  
    of HK$398 million which was settled by way of issue of                    
    a total of 153,478,261 Shares at the then issue price                     
    of HK$2.3 per Share and HK$45 million for a                               
    shareholder's loan of the same face value previously                      
    granted by Better Joy to Mocha Slot which was settled                     
    by way of issue of two convertible notes by Melco to                      
    Better Joy in the aggregate sum of HK$45 million with                     
    a conversion right to convert the same into 19,565,216                    
    Shares at a conversion price of HK$2.3 per Share. On                      
    11th April 2005. Better Joy exercised the said                            
    conversion right in full, resulting in a total of                         
    19,565,216 Shares issued to Better Joy;