CIFH<00183> - Unusual volume movement

The Stock Exchange has received a message from CITIC International
Financial 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 the 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 CITIC International Financial Holdings Limited, the 
Board of Directors of which individually and jointly accept responsibility 
for the accuracy of this statement.

As at the date of this statement, the Chairman of the Company is Mr. Kong 
Dan; the executive directors of the Company are Mr. Dou Jianzhong, Mrs. 
Chan Hui Dor Lam Doreen, Mr. Lo Wing Yat Kelvin, Mr. Roger Clark Spyer and 
Mr. Zhao Shengbiao; the non-executive directors of the Company are Mr. 
Chang Zhenming, Mr. Chen Xiaoxian, Mr. Ju Weimin, Mr. Liu Jifu, Mr. Wang 
Dongming and Mr. Yang Chao; and the independent non-executive directors of 
the Company are Mr. Rafael Gil-Tienda, Mr. Lam Kwong Siu and Mr. Tsang Yiu 
Keung Paul.

By Order of the Board
CITIC International Financial Holdings Limited
Kyna Y.C. Wong
Company Secretary

6 January 2006"