09:00     HYCOMM WIRELESS<00499> - Unusual price & volume movements           

    The Stock Exchange has received a message from HyComm Wireless 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 price and trading volume 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        
    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 HyComm Wireless Limited the directors of
    which individually and jointly accept responsibility for the accuracy of  
    this statement.                                                           
                                                                              
                                                                              
    Lai Yiu Keung                                                             
    Director                                                                  
                                                                              
    7th January 2005"