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 the trading volume and decrease 
in the price of the shares of the Company on 23 April 2002 and wishes to 
state that it is not aware of any reason for such fluctuations, save as 
the proposed acquisition by the Company of 100% interests in a PRC 
incorporated company, Shenzhen Baker Deal Industrial Company Limited, 
disclosed in the Company's announcement on 19 April 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

Hung Yat Ming
Company Secretary

Hong Kong, 23 April 2002"