YUE FUNG INT'L<00965> - Exceptional Turnover Movement
The Stock Exchange has received a message from Yue Fung International
Group Holding 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 trading volume of the shares of
the Company and wish to state that we are not aware of any reasons for
such increases.
We also confirm 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.
Made by the order of the Board of Yue Fung International Group Holding
Limited the directors of which individually and jointly accept
responsibility for the accuracy of this statement.
Lee Wing Kan
Hong Kong, 14th May, 2002"
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