Share Buyback Notifications (SBN)

The Stock Exchange of Hong Kong Limited has received notifications from
the following companies regarding the repurchase of ordinary shares as
follows:-

                                No. of
Name of Company      Date of    Securities  Highest Price  Lowest Price
(Stock Code)         Repurchase Repurchased per Share      per Share
-------------------- ---------- ----------- -------------- --------------
CHINESE ESTATES      09/01/2003 1,060,000   HKD 1.15       HKD 1.14      
HOLDINGS LIMITED
 ( 127)

SWIRE PACIFIC        09/01/2003 64,500      HKD 29.95         -          
LIMITED - A SHARES
 (  19)

WINFOONG             09/01/2003 41,000      HKD 0.15          -          
INTERNATIONAL
LIMITED
 (  63)