CITIC Pacific Limited

Formerly known as	Until
Tylfull Company Limited	22-Aug-91
Sun King Fung Development Ltd	24-Jan-86

Vampire - Nothing Left to Prove
Last week saw AGMs of CITIC Pacific, Hysan, Li & Fung, China Unicom, Cathay, Swire, HK Electric and CKI. In every case, a majority of investor votes were against the 20% cash issue mandate, but controllers pushed it through. With 10 HSI companies now having voted, Project Vampire has nothing left to prove - investors have voted on average by more than 2 to 1 against the issue mandate. It's time for the regulators to act. (16-May-04)

Letter from HKSA regarding PricewaterhouseCoopers
HKICPA, 29-Apr-04

Probe push on Citic vote miscount
HK Standard, 9-May-03

PwC loses count of CITIC vote
There was one more surprise to come from CITIC Pacific's AGM - "big 4" accountants PwC had miscounted the vote, by an enormous margin, leaving MD Henry Fan with 225m votes fewer than any other director. The error escaped notice until Webb-site.com rang the bell. The HK Society of Accountants should investigate, as this further undermines investor confidence in our voting system. (8-May-03)

Error in AGM poll result
Company announcement, 7-May-03

CITIC Pacific/ CLP AGM Roundup
It was a CITIC Pacific AGM with a few surprises - a Boto (0585) independent director reveals for the first time that he did not regard last year's deal as fair and reasonable - so why didn't he say so at the time? Meanwhile Project Vampire bites, as the public vote, excluding insiders, appears to be against the general mandate by a 55% majority. And we take a brief look at the CLP meeting. (6-May-03)

AGM Results
Company announcement, 6-May-03

CITIC Pacific Voting Recommendations
The 6th AGM in Project Poll is on 6-May-03, and we now produce our voting recommendations. We oppose 2 of the INEDs and as always, urge investors to vote vote against the general mandate for their own protection. CCASS Voting closes on 30-Apr-03, so VOTE NOW. (25-Apr-03)

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