09:19     HAYWOOD INV<00905> - Unusual price & volume movements               

    The Stock Exchange has received a message from Haywood Investments 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 increases in the price and the trading volume of the    
    Shares of the Company today and wish to state that we are not aware of any
    reasons for such increases in price and trading volume.                   
                                                                              
    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 rule 13.09, which is or may be of 
    a price-sensitive nature.                                                 
                                                                              
    Made by the order of the Board of Haywood Investments Limited, the        
    directors of which individually and jointly accept responsibility for the 
    accuracy of this statement.                                               
                                                                              
    As at the date of this statement, the Board comprises Mr. Wong Fong Kim,  
    Mr. Tai Ah Lam, Michael, Mr. Phang Yui Cher Yeow and Mr. Tham Ming Yong   
    as executive directors; Dr. Wong Yun Kuen, Edward, Mr. Hsieh Dominick,    
    Mr. Chang Kin Man and Mr. Wong Wing Hang, Henry as independent non-       
    executive directors.                                                      
                                                                              
                                                                              
    For and on behalf of                                                      
    HAYWOOD INVESTMENTS LIMITED                                               
                                                                              
    Mr. Tham Ming Yong                                                        
    Director                                                                  
                                                                              
    6th January, 2005"