BEIJING YANHUA<0325> - Exceptional Price & Turnover Movements
The Stock Exchange has received a message from Beijing Yanhua
Petrochemical Company Limited which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
Limited.
We have noted the recent increases in the price of the H shares of Beijing
Yanhua Petrochemical Company Limited (the "Company") together with the
trading volume of such H shares and wish to state that we are not aware of
any reasons for such increase.
We also confirm that there are no negotiations or agreements relating to
intended acquisitions or realisations which are discloseable under
paragraph 3 of the Listing Agreement, neither is the Board aware of any
matter discloseable under the general obligation imposed by paragraph 2 of
the Listing Agreement, which is or may be of a price-sensitive nature.
Made by the order of the Board of the Company, the directors of which
individually and jointly accept responsibility for the accuracy of this
statement.
By order of the Board
Zhang Zhaomin
Company Secretary
Beijing, the PRC, 6th May, 1999"
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