09:13     MIDLAND REALTY<01200> - Announcement                                

    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.                                                     
                                                                              
    MIDLAND HOLDINGS LIMITED                                                  
    (formerly known as MIDLAND REALTY (HOLDINGS) LIMITED                      
    (Incorporated in Bermuda with limited liability)                          
    website: www.midland.com.hk                                               
    (Stock Code: 1200)                                                        
                                                                              
    CHANGE OF STOCK SHORT NAME                                                
                                                                              
    The Company announces that trading of the Shares on                       
    the Stock Exchange under the new stock short name                         
    "MIDLAND HOLDING" ("*") instead of the old stock                          
    short name "MIDLAND REALTY" ("*") will take                               
    effect from 9:30 a.m. on 30 May, 2005.                                    
                                                                              
    Reference is made to the Company's announcements                          
    dated 15 April and 25 April, 2005 and circular dated                      
    21 March, 2005 (the "Circular") containing                                
    information on the change of name of the Company to                       
    "Midland Holdings Limited" and the adoption of the                        
    Chinese name "*" for identification                                       
    purpose. Unless the context otherwise stated, terms                       
    used in this announcement shall have the same meanings                    
    as those defined in the Circular.                                         
                                                                              
    The Company announces that the certificate of change                      
    of name was issued by the Companies Registry in Hong                      
    Kong on 14 May, 2005 and was received by the Company                      
    on 19 May, 2005. Trading of the Shares on the Stock                       
    Exchange under the new stock short name "MIDLAND                          
    HOLDING" ("*") instead of the old stock short                             
    name "MIDLAND REALTY" ("*") will take effect                              
    from 9:30 a.m. on 30 May, 2005.                                           
                                                                              
    Since the change of name has become effective and the                     
    Company has completed all necessary filing procedures                     
    with the Companies Registry in Hong Kong, any new                         
    share certificates of the Company will be issued in                       
    the new name of the Company with effect from 30 May,                      
    2005. The existing share certificates in issue                            
    bearing the former name of the Company will continue                      
    to be evidence of title to the shares of the Company                      
    and will be valid for trading, settlement and                             
    registration purpose. There will be no special                            
    arrangement for exchange of the existing share                            
    certificates of the Company for new share                                 
    certificates bearing the new name.                                        
                                                                              
    GENERAL                                                                   
    As at the date of this announcement, the Board of the                     
    Company comprises eight directors, of which five are                      
    executive directors, namely Mr. Wong Kin Yip, Freddie,                    
    Mr. Cheung Kam Shing, Ms. Lam Fung Fong, Mr. Chan Kwan                    
    Hing and Mr. Kwok Ying Lung and three are independent                     
    non-executive directors, namely Mr. Koo Fook Sun,                         
    Louis, Mr. Sun Tak Chiu and Mr. Wang Ching Miao,                          
    Wilson.                                                                   
                                                                              
    By order of the Board                                                     
    Midland Holdings Limited                                                  
    Chan Kin Chu, Harry                                                       
    Company Secretary                                                         
                                                                              
    Hong Kong, 19 May, 2005                                                   
                                                                              
    "*" for the chinese name, please refer to the press announcement today.