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S E A Holdings Limited Board/Management Information 2000

Dec 22, 2000

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(Incorporated in Bermuda with limited liability)

RESIGNATION OF DIRECTOR

The Board of directors of S E A Holdings Limited ("the Company") announces that Mr. Lu Yeng John resigned as director of the Company with effect from 13th December, 2000.

Mr. Lu joined the Board in 1996 and has provided valuable advice and contribution for the expansion and development of the Group's businesses.

The Board would like to express their sincere gratitude to Mr. Lu for his valuable contributions to the Group.

By order of the Board

Lu Ho

Chairman

Hong Kong, 21st December, 2000

Please also refer to the published version of this announcement in the i-Mail.