EGANA JEWELLERY<00926> - Exceptional Price Movement
The Stock Exchange has received a message from Egana Jewellery & Pearls
Limited which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
Limited.
The Directors of Egana Jewellery & Pearls Limited (the "Company") have
noted the increase in the price of the shares of the Company today and
wish to state that save as the announcement of the Company dated 26th
July, 2002 regarding the proposed share consolidation, we are not aware of
any reasons for such increase.
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.
Hans-Joerg SEEBERGER
Chairman and Chief Executive
Hong Kong, 30th July, 2002"
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