MOULIN INT'L<00389> - Exceptional Turnover Movement

The Stock Exchange has received a message from Moulin International 
Holdings 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 increase in trading volume of the shares of the Company 
today and wish to state that we are not aware of any reasons for such 
increase.

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 the Board of Moulin International Holdings Limited 
the directors of which individually and jointly accept responsibility for 
the accuracy of this statement.


Ma Lit Kin, Cary
Managing Director

Hong Kong, this 12th May, 2003"