GCH Green China

RNS No 1234u
GOLF CLUB HOLDINGS PLC
18th June 1998


GOLF CLUB HOLDINGS PLC ("GCH" or "the Company")

The board of directors of GCH announces that a circular has
today been despatched to shareholders convening an extraordinary
general meeting of the Company at which resolutions will be
proposed for the purpose of consolidating the existing ordinary
shares of 0.5p each in the capital of the Company into new
ordinary shares of 5p each.  The new ordinary shares resulting
from the consolidation will continue to be traded on the
Alternative Investment Market.  The extraordinary general
meeting is being convened for 10.00 am on Tuesday 14, July 1998.

The record date for the consolidation is 14 July 1998 and new
share certificates are expected to be despatched by 22 July
1998.  Dealings in the new ordinary shares of 5p each are
expected to commence on 15 July 1998.


Contact:

Martin Knight, Chairman       0171 491 4652 or 0860 553 455

Copies of the circular and this announcement will be available
to the public free of charge from the office of Grant Thornton
AIM Team, Grant Thornton House, Melton Street, Euston Square,
London NW1 2EP during normal office hours, Saturdays, Sundays
and bank holidays excepted, for 14 days from today.


END

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