ASIA ALLIANCE<00616> - Trading in the Nil Paid Rights

Trading in the nil paid Rights in the ordinary shares of Asia Alliance 
Holdings Limited will commence at 9:30 a.m. on Monday, 08/03/2004 under 
the following particulars (FORCE MAJEURE WARNING: These rights are 
conditional): -

Stock Code      Stock Short Name        Board Lot
----------      ----------------        ---------
2997            ASIA ALLI RTS           4,000 shares