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MONDAY, OCTOBER 14, 1985-

SHARE DISCLOSURES ***

THE CHAIRMAN OF THE COMMITTEE ON TAKEOVERS AND MERGERS UNDER RULE 29 OF THE HONG KONG CODE ON TAKEOVERS AND MERGERS ADVISES THAT ON OCTOBER 11, 1985, WARDLEY INVESTMENT SERVICES LTD,

A SUBSIDIARY OF WARDLEY LTD ENGAGED IN INVESTMENT MANAGEMENT BUSINESS, HAS DEALT FOR INVESTMENT CLIENTS IN INTERNATIONAL CITY HOLDINGS LTD SHARES AS FOLLOWS:

DATE

BOUGHT/SOLD

11.10.85 SOLD

11.10.85 SOLD

NUMBER OF SHARES

PRICE PER SHARE

3,000,000 5,000,000

HKD 0.98

HKD 0.975

YOUTH CHINESE MUSIC FESTIVAL SET FOR NEXT MONTH

******

FOUR WELL-KNOWN MUSICIANS FROM CHINA WILL BE TAKING PART IN THE 1985 HONG KONG YOUTH CHINESE MUSIC FESTIVAL, WHICH WILL BE HELD FROM NOVEMBER 2 TO 10.

THE FESTIVAL, WHICH WILL BE THE THIRD ONE, IS ORGANISED BY THE MUSIC OFFICE OF THE MUNICIPAL SERVICES BRANCH.

THE AIM IS TO IMPROVE THE STANDARD OF PERFORMANCE OF THE YOUNG MUSICIANS AND TO STIMULATE PUBLIC INTEREST IN CHINESE MUSIC.

THE GUEST MUSICIANS FROM CHINA ARE MR DING YU-FENG (ER-HU), MR LI GUANG-CAT (SUO-NA), MISS PAN O-JING (PI-PA) AND MR CHI XIANG- SHENG (SAN XIAN).

THERE WILL BE CONCERTS, SEMINARS AND MASTER CLASSES.

LECTURE DEMONSTRATIONS AND MASTER CLASSES ON SAN-XIAN, SUO-NA, ER-HU AND PI-PA WILL BE CONDUCTED BY THE VISITING CHINESE MUSICIANS AT YAU MA TEI, KWUN TONG, MONG KOK, TSUEN WAN AND HONG KONG MUSIC CENTRES,

TEN AMATEUR CHINESE ORCHESTRAS WILL BE PERFORMING IN THE FESTIVAL WITH THE OPENING CONCERT TO BE HELD ON NOVEMBER 3, AND THE FINALE CONCERT TO BE HELD ON NOVEMBER 10, AT THE ACADEMIC COMMUNITY HALL, BOTH STARTING AT 8 PM.

IN SUPPORT OF THE FESTIVAL, THE URBAN COUNCIL WILL CO-PRESENT WITH THE MUSIC OFFICE A STUDENT CONCERT AT THE QUEEN ELIZABETH STADIUM ON NOVEMBER 10.

/MR YEUNG

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