WINSOR IND<00098> - Exceptional Price Movement

The Stock Exchange has received a message from Winsor Industrial 
Corporation 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 of the shares of the 
Company and wish to state that we are not aware of any reasons for such 
increase except for the payment of the special dividend of HK$0.65 per 
share as contained in the results announcement dated 12th December, 2001 
and which will be published in the newspapers on 13th December, 2001.

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 Winsor Industrial Corporation Limited, 
the directors of which individually and jointly accept responsibility for 
the accuracy of this statement.

For and on behalf of
WINSOR INDUSTRIAL CORPORATION LIMITED

CONNIE CHIANG
Company Secretary

12th December, 2001"