| Coudert Brothers Hosts 
              February 6th Teleconference Analyzing M&A Environment in China
 NEW YORK--January 
              22, 2003
 
 Coudert Brothers 
              llp
 Global Legal Advisers
 
 Presents
 
 A Live Teleconference Seminar From
 SYDNEY, BEIJING AND NEW YORK
 
 
 "Will the Year of the Goat see a China M&A Boom?"
 Featuring
 
              
                
                  | VIVIENNE 
                      BATHCoudert Brothers
 Sydney
 | And 
                      SHERRY YINCoudert Brothers
 Beijing
 |    
 Moderated by
 
 BARRY METZGER
 Coudert Brothers,New Yorkand formerly
 General Counsel of the Asian Development Bank
 
 Thursday, February 6, 2003
 5 p.m. EST
 
 Chinas accession to the WTO onDecember 11, 2001, combined 
              with reforms in PRC corporate law, appear to have ushered in a new 
              era in foreign investment. As the country is transformed from 
              a controlled economy into a market economy with a more level playing 
              field for foreign  investors,Hong KongandChinahave seen 
              an increase in PRC-related mergers and acquisitions. This teleconference 
              will discuss the significance ofChinas new M&A regime 
              and its major features.
 
 
 This Seminar is part of the Coudert Brothers 2003
 CURRENT DEVELOPMENTS IN TRADE AND INVESTMENT
 IN THE PEOPLES REPUBLIC OF CHINA
 Teleconference Series
 
 And is Co-Sponsored by
 
 
 
 There is no charge for participation in this teleconference seminar 
              other than participants own telephone charges to the conference 
              port. Prior registration is required by completion of the form 
              below. Contact information for the call will be available on 
              February 3, 2003.
 
 This program is part of the 2003 series of Coudert Brothers LLP 
              teleconference seminars on Current Developments in Trade and Investment 
              in the Peoples Republic of China. Participants in the 
              February program will be provided with information regarding future 
              teleconferences.
 
 To participate in this teleconference, please complete and email 
              or fax the attached registration form to:
 
 Coudert Brothers LLP Teleconference Seminars on
 Current Developments in Trade Investments in the Peoples Republic 
              of China
 Attn: Ms. Jennifer Manfredonia
 Tel: 212 626 4707      Fax: 212 
              626 4120
 Email: manfredoniaj@coudert.com
 http://www.coudert.com/events/teleconferences.asp?action=teleconferencedetail&id=1
 
 
  Registration Form
 
 I wish to participate in the Coudert Brothers LLP teleconference 
              seminar on Thursday, February 6, 2003, at 5 p.m EDT (Friday, February 
              7, 2003 at 9 p.m. in Sydney).
 
 Name:________________________________________Title:___________________________
 
 Corporation/Organization:________________________________________________________
 
 Address:______________________________________________________________________
 
 _____________________________________________________________________________
 
 Telephone:____________________________    Fax:__________________________________
 
 E-mail:_______________________________________________________________________
 
 Nature of Current Responsibilities relating to China:
 ______________________________________________________________________________
 How did you hear about our Teleconference Series?
 ______________________________________________________________________________
 
 For additional information, please email Jennifer Manfredonia at 
              manfredoniaj@coudert.com.
 
 Coudert Brothers llp
 Global Legal Advisers
 
 
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