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CITIC Limited Board/Management Information 2001

Mar 30, 2001

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(Incorporated in Hong Kong under the Companies Ordinance)

The directors of CITIC Pacific Limited ("the Company") are pleased to announce that Mr. Norman Yuen Kee Tong is appointed as a Deputy Managing Director of the Company and Mr. Liu Jifu is appointed as an Executive Director of the Company both with effect from 1st April, 2001.

By Order of the Board

Alice Tso Mun Wai

Company Secretary

Hong Kong, 29th March, 2001

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