ITC CORPORATION<0372> - Suspension of Trading

At the request of ITC Corporation Limited (the "Company"), trading in its 
securities will be suspended with effect from 10:00 a.m. today (22/7/1999) 
pending clearance and release of an announcement in relation to (1) a 
Placing and Underwriting Agreement and (2) a Subscription Agreement 
relating to a sale and subscription of shares in Paul Y.-ITC Construction 
Holdings Limited, both entered into by the Company on 21st July, 1999.