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, 12 November 2002, 18
November 2002, 13 December 2002 and 14 January 2003 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.
For and on behalf of
New World Infrastructure Limited
Chow Oi Wah, Fergus
Company Secretary
14 January 2003"
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