401 HOLDINGS<00401> - Suspension of Trading

At the request of 401 Holdings Limited (the "Company"), trading in its 
shares will be suspended with effect from 9:30 a.m. today (28/3/2003) 
pending the release of an announcement regarding the increase in the price 
of the shares of the Company on 27/3/2003 and the update on the financial 
position and the status of the litigation of the Company and its 
subsidiaries.