Hong Kong, February 11, 2002 - Dealing in the shares of MOISELLE International Holdings Limited ("MOISELLE") (SEHK : 130) commenced on the main board of The Stock Exchange of Hong Kong Limited today with a total turnover of approximately HK$27,705,000 for 22,360,000 shares. On the first trading day, MOISELLE's shares scored a highest price of HK$1.29 and a closing price of HK$1.27 per share, an increase of 27% from the issue price of HK$1.00.

In the year ended March 31, 2001, MOISELLE Group registered a net profit attributable to shareholders of HK$41,855,000, on a turnover of HK$173,030,000. The Company recently placed and issued a total of 70 million new shares to institutional, professional and public investors. The offer was 6.7 times subscribed.

MOISELLE specializes in design, development, manufacturing, retailing and wholesale of distinguished lady's apparel. Since its inception of the MOISELLE brandname in 1996, it has quickly created a new dress code for women in town. Leveraging on its success, the Group has been pursuing a consistent business strategy and creates its self-developed spin-off lines including moi, imaroon and M.kids with each distinctive line effectively serving its target market segments.

Issued by :
MOISELLE International Holdings Limited

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