EURO-ASIA AGRIC<00932> - Announcement

The Stock Exchange has received a message from Euro-Asia Agricultural 
(Holdings) Company Limited which is reproduced as follows:-

"The Directors noted the recent market rumours of the Company placing of 
its shares.  The Directors wish to clarify that the Company has no 
intention of placing any of its shares.  The Company will comply with the 
Rules governing the Listing of Securities on the Stock Exchange of Hong 
Kong Limited, including but without limitation to, Rule 10.07.

By Order of the Board
Euro-Asia Agricultural (Holdings) Company Limited

Eugene Lai
Company Secretary

15 November 2001"