SHIMAO CHINA<00649> - Suspension of Trading

At the request of Shimao China Holdings Limited (the "Company"), trading
in its shares has been suspended with effect from 9:30 a.m. today
(21/2/2005) pending the publication of an announcement for each of (1) the 
business delineation between the Company and Shimao Property Holdings 
Limited and the entering into by the Company of a non-competition 
undertaking and (2) the entering into by the Company of a major and 
connected transaction.