09:09     DESON DEV INT'L<00262> - Unusual volume movement                    

    The Stock Exchange has received a message from Deson Development          
    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").                                           
                                                                              
    We have noted the recent increase in the trading volume of the shares of  
    the Company and wish to state that we are not aware of any reasons for    
    such increase.                                                            
                                                                              
    Save as the announcement of the Company dated 20 December 2004 in relation
    to the conditional sale of the entire issued share capital of a wholly-   
    owned subsidiary of the Company and thereby a controlling interest in     
    Chinese People Gas Holdings Company Limited, we confirm that there are no 
    negotiations or agreements relating to intended acquisitions or           
    realizations which are discloseable under rule 13.23, neither is the Board
    aware of any matter discloseable under the general obligation imposed by  
    rules 13.09, 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.                                                                
                                                                              
    For and on behalf of                                                      
    Deson Development International Holdings Limited                          
                                                                              
    Ong Chi King                                                              
    Company Secretary                                                         
                                                                              
    As at the date of this notice, the board of directors of the Company      
    comprises five executive directors, namely, Mr. Wang Ke Duan, Mr. Tjia    
    Boen Sien, Mr. Wang Jing Ning, Mr. Keung Kwok Cheung and Mr. Kong Kwok Fai
    and four independent non-executive directors, namely Mr. Ho Chung Tai,    
    Raymond, Mr. Siu Man Po, Miss. Wong Sin Yee and Mr. Wong Shing Kay,       
    Oliver.                                                                   
                                                                              
    5 January 2005"