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YAU LEE HOLDINGS LIMITED
(Incorporated in Bermuda with limited liability)

ANNOUNCEMENT

The directors of Yau Lee Holdings Limited (the "Company") is pleased to announce that the Hon. Mr Bernard Charnwut Chan was appointed as independent non executive director of the Company effective 5th June, 2000.



By order of the board of directors of
Yau Lee Holdings Limited
Wong Ip Kuen

Chairman

Hong Kong, 13th June, 2000

Please also refer to the published version of this announcement in the South China Morning Post.


Source: Yau Lee Holdings Limited
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