Share Buyback Notifications (SBN)

The Stock Exchange of Hong Kong Limited has received notifications from
the following companies regarding the repurchase of ordinary shares as
follows:-

                                No. of
Name of Company      Date of    Securities  Highest Price  Lowest Price
(Stock Code)         Repurchase Repurchased per Share      per Share
-------------------- ---------- ----------- -------------- --------------
ALPHA GENERAL        19/09/2002 2,000,000   HKD 0.02          -          
(HOLDINGS) LIMITED
 (  73)

CHINA OVERSEAS LAND  19/09/2002 300,000     HKD 0.78          -          
AND INVESTMENT
LIMITED
 ( 688)

FIRST SIGN           19/09/2002 180,000     HKD 0.154      HKD 0.15      
INTERNATIONAL
HOLDINGS LIMITED
 ( 933)

MOULIN INTERNATIONAL 19/09/2002 100,000     HKD 2.80          -          
HOLDINGS LIMITED
 ( 389)

PACIFIC CENTURY      19/09/2002 36,000      HKD 1.47       HKD 1.46      
INSURANCE HOLDINGS
LIMITED
 (  65)

PERFECTECH           19/09/2002 1,070,000   HKD 0.57       HKD 0.54      
INTERNATIONAL
HOLDINGS LIMITED
 ( 765)

SHANGHAI REAL ESTATE 19/09/2002 2,000,000   HKD 0.72       HKD 0.67      
LIMITED
 (1207)

SHANGRI-LA ASIA      19/09/2002 100,000     HKD 4.675      HKD 4.60      
LIMITED
 (  69)