09:13 MELCO INT'L DEV<02981> - Announcement (1) The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Melco International Development Limited (Incorporated in Hong Kong with limited liability) Website: http://www.melco.hk.cn (Stock Code: 200) RESULTS OF THE ANNUAL GENERAL MEETING AND THE EXTRAORDINARY GENERAL MEETING HELD ON 18TH MAY, 2005 AND SHARE SUBDIVISION The results in respect of the resolutions proposed at the AGM and the EGM of the Company are shown below. Results of AGM At the AGM of the Company held on 18 May 2005, all ordinary resolutions, including but not limited to, the resolution regarding the Share Subdivision, were duly passed by the Shareholders by way of show of hands. The Listing Committee of the Stock Exchange has granted the listing of and permission to deal in the Subdivided Shares and thus the Share Subdivision has become unconditional and shall take effect from 19 May 2005. Shareholders are reminded that following the passing of the ordinary resolution in relation to the Share Subdivision, the final dividend declared at the AGM at HK one cent per Share will be subdivided accordingly. The adjusted divided rate for the Subdivided Shares would be HK 0.5 cent per Subdivided Share and payable to the Shareholders whose name appear on the register of members of the Company on 18 May 2005. The timetable for trading arrangements and exchange of share certificates shown below are the same as those included in the circular of the Company dated 18 April 2005. Results of EGM At the EGM of the Company held immediately after the AGM, the ordinary resolutions in respect of (i) the Continuing Connected Transaction regarding the Slot Halls Service Arrangement entered into between the Company's subsidiary, Mocha Management and SJM together with the relevant Annual Caps; (ii) the SJM IT Service Agreement entered into between the Company's subsidiary, Elixir and SJM together with all transactions contemplated thereunder; and (iii) the Mocha IT Service Agreement entered into between Elixir and Mocha Slot together with all transactions contemplated thereunder were duly passed by the Independent Shareholders by way of poll. Reference is made to the announcements of Melco International Development Limited (the "Company") respectively dated 7 April 2005, 11 April 2005 and 13 April 2005 and the circulars of the Company respectively dated 18 April 2005 and 29 April 2005 (collectively the "Circulars"). Unless the context otherwise requires, terms used in this announcement shall have the same meanings as defined in the Circulars. RESULTS OF THE ANNUAL GENERAL MEETING The Board is pleased to announce that at the AGM of the Company held at 38th Floor, The Centrium, 60 Wyndham Street, Central, Hong Kong on 18 May 2005, all ordinary resolutions proposed at the AGM including but not limited to, the resolution regarding the Share Subdivision, were duly passed by the Shareholders by way of show of hands. As at the date of the AGM, the issued share capital of the Company was 491,019,270 Shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions proposed at the AGM. There were no restrictions on any Shareholders casting votes on any of the resolution proposed at the AGM. SHARE SUBDIVISION As the ordinary resolution in relation to the Share Subdivision was duly passed by the Shareholders as mentioned in the results of AGM above and the Listing Committee of the Stock Exchange has granted the listing of and permission to deal in the Subdivided Shares, the Board is pleased to announce that the Share Subdivision has become unconditional and shall take effect from 19 May 2005.