YUE FUNG INT'L<00965> - Exceptional Price 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 the price of the shares of the
Company and wish to state that 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
other matters 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 accuracy of this statement.
Lee Wing Kan
Director
Hong Kong, 25th October, 2002"
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