09:08     UNIVERSE INT'L<01046> - Unusual price & volume movements            

    The Stock Exchange has received a message from Universe International     
    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 increase in the price and turnover of the shares 
    of the Company and wish to state that we are not aware of any reasons for 
    such movement.                                                            
                                                                              
    We also 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 Universe International Holdings Limited the Board of 
    the directors of which individually and jointly accept responsibility for 
    the accuracy of this statement.                                           
                                                                              
    Hong Kong, this 5th day of January, 2005                                  
                                                                              
                                                                              
    Lam Shiu Ming, Daneil                                                     
    Chairman and Managing Director                                            
                                                                              
                                                                              
    Note:  The directors of the Company are:                                  
                                                                              
    Executive Director:                                                       
    Lam Shiu Ming, Daneil                                                     
    Chiu Suet Ying                                                            
    Yeung Kim Piu                                                             
                                                                              
    Independent Non-Executive Director:                                       
    Ng Kwok Tung                                                              
    Chiu Shin Koi                                                             
    Ma Ting Hung"