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 today's increase in the price and trading volume of the 
shares of the Company and wish to state that save as the press 
announcement published on 3 November 2005 in respect of the proposed 
privatization of the Company by New World Development Company Limited, we 
are not aware of any reasons for such increase.

We also confirm that other than the proposed privatization mentioned 
above, 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
                            
Poon Kin Cheuk, Richard
Authorised Representative

3 November 2005"