YUE FUNG INT'L<00965> - Odd Lot Arrangement

The Stock Exchange has received a message from Yue Fung International 
Group Holding Limited which is reproduced as follows:-

"In order to alleviate the difficulties in trading arising from the 
existence of odd lots of Consolidated Shares, TingKong-RexCapital 
Securities International Limited has agreed to make arrangements, during 
the period commencing at 9:30 a.m.on 3Oth September, 2002 and ending at
4:00 p.m. on 6th November, 2002 (both days inclusive), to stand in the 
market to provide matching services on a best effort basis for the sale 
and purchase of odd lots of Consolidated Shares at their own cost. Holders 
of odd lots of the Consolidated Shares who wish to take advantage of this
facility either to dispose of their odd lots of the Consolidated Shares or 
to top up their odd lots to a full board lot of 2,000 Consolidated Shares 
may contact Mr.Roy Ts'o of TingKong-RexCapital Securities International 
Limited at telephone no. (852) 2236-6899 as soon as possible starting
from 9:30 a.m. on 30th September, 2002 to 4:00 p.m.on 6th November, 2002 
(both dates inclusive). Holders of odd lot Shares should note that 
matching of odd lots is not guaranteed and they are recommended to consult 
their professional advisors if in doubt about the aforementioned facility.

The purpose of this arrangement is to provide a mechanism whereby holders 
of odd lots of Consolidated Shares, after the effective date of the change 
in board lot size of the Shares, can round up or dispose of their odd iot 
holdings. However, holders of the odd lots of Consolidated Shares may 
purchase additional Consolidated Shares in the market if they so wish."