OXFORD PPT<00220> - Suspension of Trading

At the direction of The Stock Exchange of Hong Kong Limited, trading in 
the shares of Oxford Properties & Finance Limited will be suspended with 
effect from 9:30 a.m. today (2/8/2002) pending the restoration of the 
Company's public float to an acceptable level and a concrete proposal to 
be submitted by the Company to further restore its public float to at 
least 25% of the Company's total issued capital as the Company's proposed 
open offer was not approved in its extraordinary general meeting on 1 
August 2002.