Notice of AGM

RNS Number:5916K
Guangdong Development Fund Ld
30 April 2003


                       GUANGDONG DEVELOPMENT FUND LIMITED

            (a company incorporated with limited liability in Jersey
               under the Companies (Jersey) Law 1991, as amended)


                        NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be
held at 19th Floor, Tower II, The Gateway, 25 Canton Road, Kowloon, Hong Kong on
Friday 13 June 2003 at 4:00 p.m. for the following purposes:


1.    To receive and consider the Audited Consolidated Financial Statements and
      the Reports of the Directors and Auditors for the year ended 31 December 
      2002.

2.    To declare a final dividend for the year ended 31 December 2002.

3.    To authorise the Board to fix Directors' remuneration.

4.    To re-appoint Auditors and to authorise the Board to fix their
      remuneration.



By Order of the Board
Equity Secretarial Services Limited
Company Secretary

30 April 2003



Registered Office:
47 Esplanade, St. Helier, Jersey, Channel Islands.



Notes:

1. A member entitled to attend and vote at the meeting convened by the above
notice is entitled to appoint one or more proxies to attend and vote instead of
him. A proxy need not be a member of the Company.

2. To be valid, the instrument appointing a proxy and the power of
attorney or other authority (if any) under which it is signed, or a copy of such
authority notarially certified, must be deposited at the Company's transfer
agent, Capita IRG plc, Bourne House, 34 Beckenham Road, Beckenham, Kent, BR3
4TU, England not later than 4:00 p.m. on 5 June 2003 and not less than 24 hours
before the time appointed for any adjournment thereof.

3. The register of members of the Company will be closed from 6 June 2003 to
13 June 2003 (both days inclusive), during which period no transfer of shares
will be effected. In order to qualify for the final dividend, all transfers of
shares accompanied by the relevant share certificates must be lodged with the
Company's transfer agent, Capital IRG plc, Bourne House, 34 Beckenham Road,
Beckenham, Kent, BR3 4TU, England not later than 4:00 p.m. (local time) on 5
June 2003.


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            The company news service from the London Stock Exchange
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