PME<00379> - Unusual price movement

The Stock Exchange has received a message from PME Group Limited which
is reproduced as follows:-

"This statement is made at the request of The Stock Exchange of Hong Kong 
Limited.

The directors of PME Group Limited (the "Company") have noted the recent 
decrease in the price of the shares of the Company and wish to state that 
we are not aware of any reasons for such movements.

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

Made by the order of the Board of the Company, the directors of which 
individually and jointly accept responsibility for the accuracy of this 
statement.


By Order of the Board
PME GROUP LIMITED

                                                                           
Cheng Wai Ying
Director


Hong Kong, 5 March 2007


As at the date of this announcement, the Board comprises (1) Mr Cheng Kwok 
Woo, Mr Cheng Kwong Cheong, Ms Cheng Wai Ying, Mr Chow Yin Kwang, and Ms 
Chan Yim Fan as executive directors; (2) Mr Zheng Jin Hong as non-
executive director; and (3) Messrs Anthony Francis Martin Conway, Leung 
Yuen Wing and Lam Hon Ming Edward as independent non-executive directors."