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Sinopec Engineering Group Co Ltd. Board/Management Information 2000

May 3, 2000

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UNIVERSE INTERNATIONAL HOLDINGS LIMITED

寰 宇 國 際 控 股 有 限 公 司

(Incorporated in Bermuda with limited liability)

Appointment of Executive Director

The Board of Directors of Universe International Holdings Limited (the "Company") is pleased to announce the appointment of Mr. Lam Yiu Sang, Yorkson as an Executive Director and Chief Executive Officer of the Company with effect from 2nd May 2000.

By Order of the Board

Chan Hau Chuen

Company Secretary

Hong Kong, 2nd May, 2000