NEW WORLD INFRA<00301> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from New World Infrastructure 
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 increase in the price and increase in trading 
volume of the shares of the Company and wish to state that save as the 
press announcements published on 22 October 2002, 18 November 2002 and 13 
December 2002 in respect of the reorganization of the Company, Pacific 
Ports Company Limited and New World Services Limited, we are not aware of 
any reasons for such movements.

We also confirm that other than the reorganization mentioned above, 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 New World Infrastructure Limited, the 
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.


By the Order of the Board of
New World Infrastructure Limited

Chow Oi Wah, Fergus
Company Secretary

8 January 2003"