Central Development Holdings Limited — Board/Management Information 2002

Feb 4, 2002

	SEAPOWER RESOURCES INTERNATIONAL LIMITED (Provisional Liquidators Appointed)
	(Incorporated in the Cayman Islands with limited liability)

CHANGES IN DIRECTORSHIPS

The Directors and the Provisional Liquidators of Seapower Resources International Limited (the “Company”) announce that Mr. Dennis Hon King Sang has resigned as Executive Director of the Company with effect from 31 January 2002. The Directors would like to thank Mr. Hon for his valuable contribution during his term of office.

For and on behalf of
SEAPOWER RESOURCES INTERNATIONAL LIMITED
Cosimo Borrelli
W.K. Fan, JosephJoint and Several
Provisional Liquidators

By Order of the Board
SEAPOWER RESOURCES INTERNATIONAL LIMITED
(Provisional Liquidators Appointed)
Norman ChoiDirector1 February 2002

Please also refer to the published version of this announcement in the Hong Kong iMail.