Emperor Entertainment Hotel Limited (Stock Code: 296)

Result of the Special General MeetingandChange of Trading Stock Name

Results of Special General Meeting

The board of directors of Emperor Entertainment Hotel Limited (the "Company") is pleased to announce that at the Shareholders' meeting held today, all the resolutions including the resolutions in relation to the acquisition of the vessel. "Golden Princess" by the Company and the share subscription by Honour State International Limited ("Honour State"), a wholly-owned subsidiary of Sociedade de Jogos de Macau ("SJM") have been duly passed by the shareholders.

The Company entered into an agreement on 23 November 2004 with a non-listed membr of the Emperor Group to acquire the vesel  "Golden Princess" at a consideration US$17 million to be settled by way of issue of 104,409,000 new shares of the Company at a price of HK$1.27 per share. The issue price is equal to the closing price of the shares on the last trading date prior to the agreement  after adjusting for the effect of the recent rights issue of the Company.

On 6 January 2005, the Company also entered into a share subscription agreement with Honour State pursuant to which Honour State will subscribe for 31,915,000 new shares of the Company at a price of HK$2.88 per share which is equivalent to the closing price of the shares on 3 January 2005 when the Company first disclosed the negotiation of the share subscription agreement.

The share subscription agreement will be completed on 7 February 2005 while the completion of the vessel acquisition is scheduled to take place not later than the end of March 2005. Upon completion of the share subscription agreement, Emperor International Holdings Limited (SEHK: 163) and SJM (through Honour State) will hold approximately 24.83% and 3.88% of the total issue capital of the Company respectively. While upon completion of the acquisition of the vessel by March 2005, Emperor International Holdings Limited (SEHK: 163), Emperor Group (non-listed) and SJM (through Honour State) will hold approximately 22.04%, 11.24% and 3.44% of the total issue share capital of the Company respectively.

Change of Trading Stock Name

Further to the change of the Company's name from "Emperor (China Concept) Investments Limited" to "Emperor Entertainment Hotel Limited" and the adoption of the new Chinese name of "英皇娛樂酒店有限公司" which took effect from 4 January 2005, the Company's trading stock name on the Stock Exchange wll be changed to "EMPEROR E HOTEL (英皇娛樂酒店)" with effect from 18 February 2005 in order to reflect the change of the name of the Company. The Stock Code of the Company on the Stock Exchange will remain unchanged as "296".

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Issued by: Emperor Entertainment Hotel Limited

Through: Emperor Group - Public Affairs Department

Enquiry: Ms. Christina Ng   Tel: 2835 6787 / 9735 2600   Fax: 2893 5327