EGANA JEWELLERY<00926> - Share Consolidation

Market participants are requested to note that the ordinary
shares of HK$0.05 each ("Old Shares") in the capital of Egana
Jewellery & Pearls Limited will be consolidated into ordinary
shares of HK$0.50 each ("New Shares") on the basis of 10 into 1
subject to its shareholders' approval at the Extraordinary
General Meeting to be held on 04/09/2002.  Upon the proposals
becoming effective, a temporary counter under stock code 2968 and
stock short name "EGANA JEWELLERY" will be established for trading
in board lots of 4,000 New Shares each to replace the present counter
(stock code: 926) for trading in board lots of 40,000 Old Shares each
effective from Thursday, 05/09/2002.