CHAODA B1105<02559> - New Listing

Market participants are requested to note that dealings in the Guaranteed 
Zero Coupon Secured Convertible Bonds due May 2011 issued by Chaoda Modern 
Agriculture (Holdings) Limited will commence at 9:30 a.m. on Tuesday, 
09/05/2006 under the following particulars:-

Stock Code  Stock Short Name     Denomination     Trading Currency
----------  ----------------     ------------     ----------------
2559        CHAODA B1105         HKD 10,000       HKD
                                 or 100 units