UBA INVESTMENTS<0768>-Amendment to Res. Ann.(advised by Co.)

Following the release of the interim results announcement of UBA 
Investments Limited  (the "Company") on Teletext on 29/11/2000, the 
Company subsequently notified the Exchange the following:-

"On 30 September 2000, the shares of the Company in issue was 100,000,000 
shares.  In the annual general meeting of the Company on 29 September 
2000, it was resolved that nine bonus shares to be issued to every one 
share held by the shareholders.

In calculation of losses per share, according to applicable accounting 
standard, 1,000,000,000 shall be applied.

In the interim results announcement, using the words "1,000,000,000 shares 
in issue" might be misleading.  Thus it is changed to "1,000,000,000 

Accordingly, the remark (3) was revised as follows:-

"Basic losses per share

The calculation basic losses per share for the period ended 30 September 
2000 is based on the losses of approximately HK$7,841,613 and the weighted 
average number of ordinary shares of approximately 1,000,000,000 shares 
during the period."