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 29 July 2002 and wishes to state 
that it is not aware of any reason for such increase, save as the 
proposed acquisition by the Company of 100% Fortuna Group Limited, the 
winding up petition, the audited interim results for the six months ended 
30 November 2001, further delay in interim results and exceptional volume 
movement disclosed in the Company's announcements of 25 July 2002, 23 July 
2002, 11 July 2002, 2 July 2002 respectively.

Save as disclosed 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

Vong Pak Cheong
Director

Hong Kong, 29 July 2002"