OXFORD PPT<00220> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Oxford Properties & Finance 
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 decrease in the price and increase in trading 
volume of the shares of the Company and wish to state that we are not 
aware of any reasons for such decrease and increase.

Save as disclosed in the Company's announcements dated 9 October, 2002 and 
25 October, 2002, we confirm that there are no negotiations or agreements 
relating to intended acquisitions and realisations of assets and other 
transactions 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 Oxford Properties & Finance Limited, 
save and except Mr. Cheung Tze Fat Alfred who is uncontactable, the 
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.


For and on behalf of 
Oxford Properties & Finance Limited

"Seto Chak Wah", alias, "Szeto Chak Wah"
Chairman

19 November 2002"