ALPHA GENERAL<0073> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Alpha General (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 shares of the Company and wish to state that we are 
not aware of any reasons for such increases.

Save as disclosed in the Announcement issued by the Company dated 11th 
February, 2000, 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 Alpha General (Holdings) Ltd. the 
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.

K.K. Chan

23rd February, 2000"