LUEN CHEONG TAI<01190> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Luen Cheong Tai 
International Holdings Limited which is reproduced as follows:-

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

The Board has noted the increase in both the trading volume and the price 
of the shares of the Company on 8 April 2002 and wishes to state that it 
is not aware of any reason for such increase, save as the discloseable 
transaction involving issuance of new shares in respect of the acquisition 
of 100% of the issued share capital of Sky Glory Holdings Limited 
disclosed in the Company's announcement of 7th February 2002, the legal 
proceedings disclosed in the Company's announcement of 27 February 2002 
and the further delay in annual results announcement for the year ended 31 
May 2001 disclosed in the Company's announcement of 1 March 2002.

Save as dislcosed above, the Board confirms that there are no negotiations 
or agreements relating to intended acquisitions or realizations 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.

This statement is made by order of the Board of which the directors 
individually and jointly accept responsibility for the accuracy of 
this statement.


By order of the Board
Luen Cheong Tai International Holdings Limited

Chan Man Chuen
Chairman

Hong Kong, 8 April 2002"