YUE FUNG INT'L<0965>-Exceptional Price & Turnover Movements
The Stock Exchange has received a message from Yue Fung International
Group Holding 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 our
announcements dated 28 January 2000 and 18 February 2000.
We also confirm that there are no other 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 other matters 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 Yue Fung International Group Holding
Limited the directors of which individually and jointly accept
responsibility for the accuracy of this statement.
Lee Wing Kan
13 March, 2000"
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