UDL HOLDINGS<0620> - Share Consolidation

Market participants are requested to note that the shareholders of UDL 
Holdings Limited ("UDL Holdings") have approved the consolidation of 
shares on the basis of 20 then existing ordinary share ("Old Shares") of 
UDL Holdings into 1 new ordinary shares ("New Shares").  Effective from 
Friday, 28/4/2000, a temporary counter under stock code 2998 and stock 
short name "UDL HOLDINGS" will be established for trading in board lots of 
100 New Shares each to replace the previous counter (stock code: 620) for 
trading in board lots of 2,000 Old Shares each.