GOLD WO INT'L<00090> - Share Subdivision

Market participants are requested to note that the shares of HK$0.01 each 
("Old Shares") in the capital of Gold Wo International Holdings Limited 
will be subdivided into shares of HK$0.001 each ("New Shares") on the 
basis of 1 into 10 subject to its shareholders' approval at the Special 
General Meeting to be held on 6/2/2002.  Upon the proposals becoming 
effective, a temporary counter under stock code 2917 and stock short name 
"GOLD WO INT'L" will be established for trading in board lots of 40,000  
New Shares each to replace the present counter (stock code: 90) for 
trading in board lots of 4,000 Old Shares each effective from Thursday,  
7/2/2002.