RNS Number:4697H
Cathay International Holdings Ld
25 July 2001


FOR IMMEDIATE RELEASE

CATHAY INTERNATIONAL HOLDINGS LIMITED (the Company)


The Company was informed on 24 July 2001 that:

(i)         Montpellier Group plc (formerly YJL plc) acquired 500,000 common
shares in the Company on 16 July 2001 and now has an interest in 8,242,500
common shares in the Company representing 3.09 per cent. of the issued common
shares in the Company and together with its interest in 407,500 A shares in
the Company represents 3.08 per cent of the total issued share capital of the
Company;

(ii)        Silverslaggan a.b. (Silverslaggan), a company owned by P.J.P.V.
Gyllenhammar, a director of Montpellier Group plc, has an interest in 665,000
common shares in the Company, representing 0.25 per cent. of the issued common
shares in the Company and together with its interest in 35,000 A shares in the
Company represents 0.25 per cent of the total issued share capital of the
Company;

(iii)      Forvaltnings AB Browallia (Forvaltnings), a company whose wholly
owned subsidiary, Browallia International BV, is the principal shareholder of
Montpellier Group plc, has an interest in 237,500 common shares in the
Company, representing  0.09 per cent. of the issued common shares in the
Company and together with its interest in 12,500 A shares in the Company
represents 0.09 per cent of the total issued share capital of the Company; and

(iv)      Montpellier Group plc, Silverslaggan and Fortvaltnings together hold
9,145,000 common shares of the Company, representing 3.42 per cent. of the
issued common shares in the Company and together with their respective
interests in 455,000 A shares in the Company represents 3.42 per cent of the
total issued share capital of the Company.



Enquiries:

Stephen Hunt
Deputy Chairman, Cathay International Holdings Limited
Telephone 00 852 2828 9289

Roger Fairweather
Grant Thornton
Telephone 020 7728 2557


Date: 25 July 2001



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