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Additional 36,500 New Ordinary Shares of S$0.10 Each ("Bonus Shares") To Be Alotted And Issued Arising From The Exercise Of Pre-IPO Employee Share Options

BackMar 18, 2002

We refer to our announcement made in respect of the above earlier today (MASNET No 72).

The first sentence of the said announcement should read :

"On 28 January 2002, Qian Hu Corporation Limited ("the Company") announced the proposed Bonus Issue of 8,276,200 new ordinary shares of S$0.10 each in the capital of the Company (the "Shares") on the basis of one (1) Share for every ten (10) existing Shares issued."