UBA INVESTMENTS<0768> - Exceptional Turnover Movement
The Stock Exchange has received a message from UBA Investments Limited
which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
The Board of Directors ("the Directors") have noted the recent increase of
trading volume of the shares of the Company and wish to state that the
Directors are not aware of any reasons for such increase.
The Directors 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 Directors aware
of any matter discloseable under the general obligation imposed by
paragraph 2 of the listing agreement, which is or may be of a
Made by the order the Company the Directors of which individually and
jointly accept responsibility for the accuracy of this statement.
For and on behalf of
UBA Investments Limited
Li Kwok Cheung, George
Executive Director & Company Secretary
8 May, 2000"