SHANGHAI LAND<00067> - Exceptional Price & Turnover Movements
The Stock Exchange has received a message from Shanghai Land 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 today's decreases in the price of the shares and 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 decreases in the share price and
the increases in the trading volume save as those disclosed in the press
announcements dated 28 April 2003, 28 May 2003 and 29 May 2003 and the
circular dated 19 May 2003.
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 Shanghai Land Holdings Limited, the
directors of which individually and jointly accept responsibility for the
accuracy of this statement.
For and on behalf of
Shanghai Land Holdings Limited
Gong Bei Ying
Director
30 May 2003"
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