SHIMAO INT'L<00649> - Unusual price & volume movements

The Stock Exchange has received a message from Shimao International
Holdings Limited which is reproduced as follows:-

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

The board of directors (the "Board") of Shimao International Holdings 
Limited (the "Company") has noted the increases in the price and the 
trading volume of the shares of the Company today and wishes to state 
that, save as the matters disclosed in the announcement of the Company 
dated 19 April 2007, the Company is not aware of any reasons for such 
increases. 

Save as disclosed in the announcement mentioned above, the Board confirms 
that there are no negotiations or agreements relating to intended 
acquisitions or realisations which are discloseable under rule 13.23 of 
the Rules Governing the Listing of Securities on the Stock Exchange (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, the directors of which individually and 
jointly accept responsibility for the accuracy of this statement.

By order of the Board
Hui Mei Mei, Carol
Deputy Chairman and Executive Director

Hong Kong, 20 April 2007


As at the date of this announcement, the Board comprises: 

Directors:              
Hui Wing Mau (Chairman and Non-executive Director)              
Hui Mei Mei, Carol (Deputy Chairman and Executive Director)
Tung Chi Shing (Executive Director)
Chan Loo Shya (Executive Director)              


Independent Non-executive Directors:
Lee Chack Fan
Liu Hing Hung
Zhu Wenhui"