SHUN CHEONG<00650> - Share Consolidation

Market participants are requested to note that the shareholders of 
Shun Cheong Holdings Limited ("SHUN CHEONG") have approved the 
consolidation of shares on the basis of 4 then existing ordinary 
shares ("Old Shares") of SHUN CHEONG into 1 new ordinary shares 
("New Shares").  Effective from today (17/09/2004), a temporary 
counter under stock code 2936 and stock short name "SHUN CHEONG" 
will be established for trading in board lots of 500 New Shares 
each to replace the previous counter (stock code: 650) for trading 
in board lots of 2,000 Old Shares each.