Dairy Farm Change of Stock Codes Following Share Capital Consolidation

Hamilton, Bermuda -6 October, 1999: At the Special General Meeting of Dairy Farm International Holdings Limited held on 30th September 1999, the ordinary resolution approving the payment of a Special Dividend of US¢9.65 per existing Ordinary Share and the consolidation of every ten existing Ordinary Shares ("Old Shares") of US¢5 each into nine new Ordinary Shares ("New Shares") of US¢5 5/9 each was passed.

Dealings in New Shares on the Stock Exchange of Singapore commenced on 4th October 1999 and dealings in New Shares on the London Stock Exchange are expected to begin on 11th October 1999.

Notes :

i. The Reuters code €˜DAIRa.SI' which has been in use from 4th October 1999 will be withdrawn with effect from 7th October 1999.

ii. The above codes have been supplied to the Company by the respective parties and Dairy Farm International Holdings Limited accepts no responsibility for any losses or damages which may arise from relying on such information.

Dairy Farm International is a leading food and drugstore retailer in the Asia-Pacific Region. At 30th June 1999, the Group and its associates operated 1,926 outlets, principally supermarkets, convenience stores and drugstores, employed some 72,500 people in nine countries and had 1998 sales of US$6.6 billion.

For further information, please contact:

Forrest International Limited

Sue Gourlay

(852) 2501 7936 (office)

Email: sgourlay@forrestintl.com.hk

Full text of this and other Group announcements can be accessed through the Internet at "http://www.irasia.com/listco/sg/dfi".