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Walnut Capital Limited Net Asset Value 2002

Jun 13, 2002

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Haywood Investments Limited

(Incorporated in the Cayman Islands with limited liability)

As at 31st May, 2002, the unaudited consolidated net asset value per share of Haywood Investments Limited was approximately HK$0.40.

Hong Kong, 13th June, 2002

Please also refer to the published version of this announcement in The Standard dated 14 June 2002.