09:02     DICKSON GROUP<00313> - Exceptional Price Movement                   

    The Stock Exchange has received a message from Dickson Group Holdings     
    Limited which is reproduced as follows:-                                  
                                                                              
    "This statement is made at the request of The Stock Exchange of Hong Kong 
    Limited.                                                                  
                                                                              
    The Directors of Dickson Group Holdings Limited (the "Company") have noted
    the recent increase in the price of the shares of the Company and wish to 
    state that we are not aware of any reasons for such increase.             
                                                                              
    We also confirm that there are no negotiations or agreements relating to  
    intended acquisitions or realisations which are discloseable under        
    paragraph 3 of the Listing Agreement, neither is the Board aware of any   
    matter discloseable under the general obligation imposed by paragraph 2 of
    the Listing Agreement, 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.                                                           
                                                                              
                                                                              
    LEI Heong Man                                                             
    Director                                                                  
                                                                              
    Hong Kong, 23 January 2003"