PAUL Y-ITC<00498> & ITC CORPORATION<00372> - Suspension of Trading

At the request of Paul Y.-ITC Construction Holdings Limited ("Paul 
Y.-ITC") and ITC Corporation Limited, trading in their securities have 
been suspended with effect from 9:30 a.m. today (27/9/2002) pending the 
publication of a joint announcement in relation to the reorganisation of 
Paul Y.-ITC.