Holding(s) in Company

Churchill China PLC
05 July 2004


CHURCHILL CHINA PLC



HOLDING IN COMPANY



In accordance with sections 198 to 204 of the Companies Act 1985, as amended,
HSBC Guyerzeller, on Friday 2 July 2004  notified the Company that Landfinance
Limited, a British Virgin Islands company now has an interest in 635,000 shares
representing 5.9 per cent of the issued share capital.


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