ALPHA GENERAL<00073> - Unusual price & volume movements

The Stock Exchange has received a message from Alpha General (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 recent increases in price and increases in 
volume of the shares of the Company and wish to state that we are not 
aware of any reasons for such increases in price and increases in 
volume of the shares of the Company.

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 Alpha General (Holdings) Limited, the Board of the
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.


Alpha General (Holdings) Limited

Chan Kai Kwok
Executive Director

1 September, 2004


As at the date hereof, Mr. Chu Ka Lok Peter, Mr. Wat Hon Keung, Mr. Chan 
Kai Kwok and Ms. Chu Maria Teresa are executive directors; Mr. Chan Chi 
Keung, Chris and Dr. Wu Shu Chih, Alex are independent non-executive 
directors of the Company."