ALPHA GENERAL<00073> - Odd Lot Arrangement

The Stock Exchange has received a message from Alpha General (Holdings) 
Limited which is reproduced as follows:-

"ARRANGEMENT ON ODD LOT TRADING

In order to alleviate the difficulties arising from the existence of odd 
lots of the Consolidated Shares as a result of the Share Consolidation and 
the change of the board lot size from the existing 2,000 Shares to 8,000 
Consolidated Shares, arrangements will be made for a broker to stand in 
the market to purchase and sell odd lots of the Consolidated Shares at the 
relevant market price per Consolidated Share for the period from Thursday, 
13 February 2003 to Thursday, 6 March 2003 (both dates inclusive).  
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 to board lots of 8,000 Consolidated Shares may contact 
Ms. Fanny Ng of Sun Hung Kai Securities Limited at Suite 1101-1106 One 
Pacific Place, 88 Queensway, Hong Kong at telephone number 2822 5482 and 
fax number 2822 5907  as soon as possible from 9:30 a.m. on Thursday, 13 
February 2003 to 4:00 p.m. on Thursday, 6 March 2003.  Holders of odd lots 
of the Consolidated Shares should note that the match up of the sale and 
purchase of odd lots of the Consolidated Shares is not guaranteed. 

Following the Share Consolidation, the board lot size of trading in the 
Shares will be changed from the existing 2,000 Share to 8,000 Consolidated 
Shares."