EURO-ASIA AGRIC<00932> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Euro-Asia Agricultural 
(Holdings) Company Limited which is reproduced as follows:-

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

The directors of the Company (the "Directors") noted the decrease in  
price of the shares of the Company (the "Shares") and increase in trading 
volume of the Shares today and wish to state that they are not aware of 
any reason for such decrease and increase respectively.

The Directors 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 are the Directors 
aware of any matter discloseable under the general obligation imposed by 
paragraph 2 of the Listing Agreement, which is or may be of price 
sensitive nature.

Made by the order of the board of directors of Euro-Asia Agricultural 
(Holdings) Company Limited of which individually and jointly accept 
responsibility for the accuracy of this statement.


YANG BIN
Chairman

Hong Kong, 5 September, 2002 "