E&E INT'L<0033> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Elec & Eltek 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 surge in the share price and the increase in 
trading volume of the shares of the Company and wish to state that we are 
not aware of any reasons for such increases, except for the matters 
referred to in the announcements published on 13th and 18th December 1999 
respectively in relation to the proposed disposal of the printed circuit 
board business by Elec & Eltek International Company Limited , an 
associate company of the Company listed on the Singapore Stock Exchange, 
and that the due diligence investigation undertaken by the Investor and 
its advisors for the proposed disposal is still on going for the time 
being.

We wish to emphasize that there is no assurance that the proposed disposal 
will proceed and no agreement for the sale and purchase of the business 
has been entered into between the Investor and Elec & Eltek International 
Company Limited.

Save for the above, 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 Elec & Eltek International Holdings 
Limited the directors of which individually and jointly accept 
responsibility for the accuracy of this statement.

For and on behalf of
Elec & Eltek International Holdings Limited

Canice Chung
Director

February 3, 2000"