RNS Number:6792M
Pokphand (C.P.) Co Ltd
24 June 2003


The Stock Exchange of Hong Kong Limited takes no responsibility for the contents
of this announcement, makes no representation as to its accuracy or completeness
and expressly disclaims any liability whatsoever for any loss howsoever arising
from or in reliance upon the whole or any part of the contents of this
announcement.


                             C.P. Pokphand Co. Ltd.

                (Incorporated in Bermuda with limited liability)

                        APPROVAL OF THE PRIVATISATION OF

                       EK CHOR CHINA MOTORCYCLE CO. LTD.

                       BY WAY OF A SCHEME OF ARRANGEMENT

The directors of the Company are pleased to announce that following the approval
of the Scheme at the Court Meeting and the EKC SGM held on 12th June, 2003, the
Scheme was sanctioned (without modification) by the Bermuda Court on 20th June,
2003 (Bermuda time) and will become effective upon a copy of the Order of the
Bermuda Court sanctioning the Scheme being delivered to the Registrar of
Companies in Bermuda for registration on 23rd June, 2003 (Bermuda time).

References are made to the announcement of C.P. Pokphand Co. Ltd. (the
"Company") dated 16th April, 2003 and the circular of the Company dated 27th
May, 2003 (the "Circular"). Unless otherwise stated, terms used herein shall
have the same meanings as those defined in the Circular.

The directors of the Company are pleased to announce that the Scheme was
approved at the Court Meeting held on 12th June, 2003. The resolution for the
approval and implementation of, and giving effect to, the Scheme was also passed
at the EKC SGM held on the same date. The Scheme was sanctioned (without
modification) by the Bermuda Court on 20th June, 2003 (Bermuda time) and will
become effective upon a copy of the Order of the Bermuda Court sanctioning the
Scheme being delivered to the Registrar of Companies in Bermuda for registration
on 23rd June, 2003 (Bermuda time). EKC has applied to the New York Stock
Exchange for the withdrawal of listing of the EKC Shares on the New York Stock
Exchange, with such withdrawal to be effective as soon as possible following the
effectiveness of the Scheme.

                             By Order of the Board

                              Dhanin Chearavanont

                      Chairman and Chief Executive Officer

                                       

Hong Kong, 23rd June, 2003




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