NEW WORLD TMT<00301> - Exceptional Price Movement

The Stock Exchange has received a message from New World TMT 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 decreases in the price of the shares of the 
Company and wish to state that we are not aware of any reasons for such 
decreases.

We also confirm that there are no negotiations or agreements relating to 
intended acquisitions or realisations which are discloseable under 
rule 13.23, neither is the Board aware of any matter discloseable under 
the general obligation imposed by rule 13.09, which is or may be of a 
price-sensitive nature.

Made by the order of New World TMT Limited the Board of the directors of 
which individually and jointly accept responsibility for the accuracy of 
this statement.


For and on behalf of
New World TMT Limited

Chow Oi Wah, Fergus
Authorised Representative

30 April 2004"