YUE FUNG INT'L<00965> - Exceptional Turnover 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 trading volume of the shares of 
the Company and wish to state that we are not aware of any reasons for 
such increases.

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 Yue Fung International Group Holding 
Limited, the Board of the directors of which individually and jointly 
accept responsibility for accuracy of this statement.


for and on behalf of
the board of directors of
Yue Fung International Group Holding Limited

Lee Wing Chan
Deputy Chairman

28th November, 2002"