GLOBAL TECH<00143> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Global Tech (Holdings) 
Limited which is reproduced as follows:-

"This statement is made at the request of The Stock Exchange of Hong Kong 

We have noted the recent decrease in the 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 changes.

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 the Company, the directors of which 
individually and jointly accept responsibility for the accuracy of 
this statement.

For and on behalf of

SY Ethan, Timothy
Vice Chairman

14th January, 2002"