09:35     SHOUGANG INT'L<00697> - Announcement (3)                            

    By Order of the Board                                                     
    Shougang Concord International                                            
    Enterprises Company Limited                                               
    Cao Zhong                                                                 
    Managing Director                                                         
                                                                              
    19 May 2005                                                               
                                                                              
    The board of directors of the Company as at the date of this              
    announcement comprises Mr. Wang Qinghai (Chairman), Mr. Cao               
    Zhong (Managing Director), Mr. Chen Zhouping (Deputy                      
    Managing Director), Mr. Luo Zhenyu (Deputy Managing                       
    Director), Mr. Tsoi Wai Kwong, Mr. Ip Tak Chuen, Edmond, Mr.              
    Leung Shun Sang, Tony, Ms. Choy Hok Man, Constance, Ms. Kan               
    Lai Kuen, Alice (Independent Non-executive Director), Mr.                 
    Kwan Bo Ren, Dick (Independent Non-executive Director) and                
    Mr. Wong Kun Kim (Independent Non-executive Director).