09:15     U-RIGHT INT'L<00627> - 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.                                                             
                                                                              
    U-RIGHT INTERNATIONAL HOLDINGS LIMITED                                    
    *                                                                         
    (Incorporated in Bermuda with limited liability)                          
    (Stock Code: 627)                                                         
    (Warrant Code: 2367)                                                      
                                                                              
    EXPIRY OF SUBSCRIPTION PERIOD OF WARRANTS                                 
                                                                              
    The subscription rights attaching to the Warrants to subscribe            
    for shares of HK$0.10 each in the Company will expire immediately         
    after 4:00 p.m. on Thursday, 23 June 2005. The relevant dates             
    are as follows:                                                           
                                                                              
    -       Subscription rights attaching to the Warrants will expire         
    immediately after 4:00 p.m. on Thursday, 23 June 2005.                    
                                                                              
    -       Trading in the Warrants will cease immediately after 4:00         
    p.m. on Monday, 20 June 2005.                                             
                                                                              
    -       The latest time for lodging the relevant documents with Tengis    
    Limited, the Company's Share Registrar in Hong Kong, to exercise          
    the subscription rights attaching to the Warrants will be 4:00            
    p.m. on Thursday, 23 June 2005.                                           
                                                                              
    -       Application has been made for the withdrawal of the listing       
    of the Warrants on The Stock Exchange of Hong Kong Limited with           
    effect immediately after 4:00 p.m. on Thursday, 23 June 2005.             
                                                                              
    The Company will send a circular containing details of the expiry         
    of the subscription period of the Warrants to the holders of              
    the Warrants and, for information only, to the Company's                  
    shareholders as soon as practicable.                                      
                                                                              
    Holders of the Warrants, who are in any doubt as to any aspect            
    of this announcement or as to the action to be taken, should              
    consult their stockbroker or other registered dealer in                   
    securities, bank manager, solicitor, professional accountant              
    or other professional adviser.                                            
                                                                              
    The board of directors of U-RIGHT International Holdings Limited          
    (the "Company") wishes to remind holders of the existing warrants         
    of the Company (Warrant Code: 2367) (the "Warrants") carrying             
    rights to subscribe in cash for new shares of HK$0.10 each in             
    the capital of the Company (the "Shares") at a subscription price         
    of HK$0.20 per Share (subject to adjustment) during the                   
    subscription period up to Thursday, 23 June 2005 (the                     
    "Subscription Rights") that the Subscription Rights will expire           
    immediately after 4:00 p.m. on Thursday, 23 June 2005 in                  
    accordance with the terms and conditions of the Warrants. After           
    such time, any Subscription Rights which have not been exercised          
    will lapse and the Warrants will cease to be valid for any purpose.       
                                                                              
    In respect of the expiry of the Subscription Rights, the Company          
    has made the following arrangements regarding dealings,                   
    transfers and exercise of the Warrants:                                   
                                                                              
    1.      TRADING AND LISTING OF THE WARRANTS                               
                                                                              
    Trading in the Warrants on The Stock Exchange of Hong Kong Limited        
    (the "Stock Exchange") will cease immediately after 4:00 p.m.             
    on Monday, 20 June 2005 and the listing of the Warrants will              
    be withdrawn from the Stock Exchange