Harbour Centre Development Limited — Report Publication Announcement 2004

Aug 12, 2004

FAR EAST CONSORTIUM INTERNATIONAL LIMITED

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

FAR EAST CONSORTIUM INTERNATIONAL LIMITED

(Incorporated in the Cayman Islands with limited liability)

Website: http://www.fareastconsortium.com.hk

(Stock Code: 35)

DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement dated 21 July 2004 in relation to the disposal of Property I and the acquisition of Property II, the Company announced that as additional time is needed to compile the financial information to be incorporated into the Circular, the Circular is expected to be despatched on or about 31 August 2004.

Reference is made to the announcement by Far East Consortium International Limited (the "Company") on 21 July 2004 (the "Announcement") in relation to the disposal of Property I and the acquisition of Property II. Unless otherwise defined, terms used herein shall have the same meanings as those used in the Announcement.

Pursuant to the Listing Rule 14.38, the circular in relation to the disposal of Property I and the acquisition of Property II (the "Circular") should be sent to the shareholders within 21 days after publication of the Announcement, being on or before 12 August 2004.

FAR EAST CONSORTIUM INTERNATIONAL LIMITED

13-8-2004

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FAR EAST CONSORTIUM INTERNATIONAL LIMITED 13-8-2004

FAR EAST CONSORTIUM INTERNATIONAL LIMITED

As additional time is needed to compile the financial information to be incorporated into the Circular, application has been made to the Stock Exchange to despatch the Circular on or about 31 August 2004.

By Order of the Board of Directors Far East Consortium International Limited David Chiu Deputy Chairman

Hong Kong, 12 August 2004

As at the date of this announcement, the Board of Directors of the Company comprises executive directors namely Mr. Deacon Te Ken Chiu, Dato' David Chiu, Mr. Craig Grenfell Williams, Mr. Dennis Chiu; non-executive directors of Mr. Ching Lan Ju Chiu, Mr. Dick Tat Sang Chiu, Mr. Daniel Tat Jung Chiu and independent non-executive directors namely Datuk Kee Leong Chee, Mr. David Kwok Kwei Lo and Mr. Jian Yin Jiang.

Please also refer to the published version of this announcement in The Standard dated 13 August 2004.

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