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
-------------------- ---------- ----------- -------------- --------------
CNT GROUP LIMITED    31/12/2002 500,000     HKD 0.10          -          
 ( 701)

MIDLAND REALTY       31/12/2002 168,000     HKD 0.54       HKD 0.53      
(HOLDINGS) LIMITED
 (1200)

MOULIN INTERNATIONAL 31/12/2002 116,000     HKD 2.575         -          
HOLDINGS LIMITED
 ( 389)

NANYANG HOLDINGS     31/12/2002 7,000       HKD 4.70          -          
LIMITED
 ( 212)