NEW WORLD DEV<00017>, NEW WORLD INFRA<00301> & PACIFIC PORTS<00659> - Suspension of 
Trading

At the request of New World Development Company Limited, New World 
Infrastructure Limited and Pacific Ports Company Limited, trading in their
shares has been suspended with effect from 9:46 a.m. today (12/12/2002) 
pending announcement relating to the result of the extraordinary general 
meeting to be held today to consider the corporate reorganisation.