KING PACIFIC<0072> - Exceptional Price & Turnover Movements
The Stock Exchange has received a message from King Pacific International
Holdings 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 and the increases in
trading volume of the Company and wish to state that we are not aware of
any reasons for such increases.
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 King Pacific International Holdings
Limited the directors of which individually and jointly accept
responsibility for the accuracy of this statement.
For and on behalf of
King Pacific International Holdings Limited
Cheung Wing Keung, Samuel
28 December 1999"
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