NEW WORLD TMT<00301> - Unusual price & volume movements

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 increases in the price and trading volume of the 
shares of the Company and wish to state that we are not aware of any 
reasons for such increases.

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.

As at the date of this statement, the Board comprises (i) three executive 
directors, namely Dr. Cheng Kar-Shun, Henry, Mr. Wong Chi-Chiu, Albert and 
Dr. Wai Fung-Man, Norman; (ii) four non-executive directors, namely Mr. 
Wilfried Ernst Kaffenberger (alternate director to Mr. Wilfried Ernst 
Kaffenberger: Mr. Yeung Kun-Wah, David), Mr. Fu Sze-Shing, Mr. Lee Sean, 
Sammy and Mr. Lai Hing-Chiu, Dominic; and (iii) three independent non-
executive directors, namely Dr. Lam Man-Kit, Dominic, The Honourable Shek 
Lai-Him, Abraham and Mr. Kong Chi-How, Johnson.


For and on behalf of
New World TMT Limited

Chow Oi Wah, Fergus
Authorised Representative

2 November 2004"