401 HOLDINGS<00401> - Exceptional Price & Turnover Movements
The Stock Exchange has received a message from 401 Holdings Limited
which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
Limited.
The Board of Directors of the Company (the "Board") have noted the
decreases in price and increases in the trading volume of the
shares of the Company today and wish to state that the Board are not aware
of any reasons for such changes save as the information disclosed in the
announcements of the Company dated 17 September, 2002 and 1 November,
2002.
The Board 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 401 Holdings Limited, the directors of
which individually and jointly accept responsibility for the accuracy of
this statement.
For and on behalf of
401 Holdings Limited
David T. H. Leung
Managing Director
28 November, 2002"
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