78JZ Sg Issuer 25

RNS Number:4936N
First Pacific Capital (1997) Ld
21 November 2001

FIRST PACIFIC COMPANY LIMITED

PRESS RELEASE

Wednesday, 21 November 2001

FIRST PACIFIC AGREES TO SELL BERLI JUCKER FOR US$125 MLN

First Pacific announced today that it has reached agreement to sell its entire
83.5 per cent interest in Berli Jucker Public Company Limited (Berli Jucker)
to the Pacific Capital International Group of Companies and/or the T.C.C.
Group of Companies, for US$125 million.

Berli Jucker, which is based and listed in Bangkok, focuses on the
manufacturing, marketing and distribution of glass, consumer, technical and
imaging products.

The agreement, which is subject to standard conditions, is anticipated to
conclude before the year-end.

ING Barings advised First Pacific on the transaction.

                                    * * *

For further information, please contact:
First Pacific Company Limited
Rebecca Brown                                   Tel: (852) 2842 4301
Executive Vice President
Group Corporate Communications

Sara Cheung                                     Tel: (852) 2842 4336
Assistant Vice President
Group Corporate Communications


Information about First Pacific can be accessed on:
Web Site:              http://www.firstpacco.com/
E-mail:                info@firstpac.com.hk

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