Euro Tech Holdings Company Limited
6-K - August 12, 2003
Exhibit 1



               Euro Tech Holdings Company Limited



                                        August 11, 2003



Euro Tech Holdings Company Limited (the "Company") (NASDAQ: CLWT)
today   announced  that  subject  to  any  regulatory  or   legal
requirements, it will be issuing a stock dividend to  holders  of
its ordinary shares (the "Shares").

Shareholders of record at 5:00 p.m. (New York Time) on August 29,
2003  will  be entitled to receive four (4) shares for  each  ten
(10)  shares  held. The dividend is anticipated  to  be  paid  on
September 12, 2003. Holders of Company issued options to purchase
shares  will  be  advised by letter as to the impact  upon  their
rights.

CONTACT:  T.C. Leung, Chairman and CEO, or Jerry Wong, CFO,  both
of  Euro  Tech Holdings Company Limited, +852-2814-0311, or  fax,
+852-2873-4887.