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
(7/3/2005) pending the clarification with the Stock Exchange and the 
publication of a further announcement on matters relating to the business 
delineation and the non-competition undertaking as previously announced on 
23 February 2005.