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Term Loan From United Overseas Bank Ltd

BackSep 26, 2001

The Board of Directors of Tung Lok Restaurants (2000) Ltd ("Tung Lok" or "the Company") wishes to announce that, further to the various announcements on Tung Lok's expansion programme of opening new restaurant outlets recently, the Company has accepted an unsecured two-year term loan of $1.82 million offered by United Overseas Bank Ltd to finance the capital expenditures and working capital of these outlets.