10:28     GORIENT<00729> - Unusual price & volume movements                   

    The Stock Exchange has received a message from Gorient (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 decrease in price and increase in trading volume 
    of the shares of the Company and wish to state that we are not aware of   
    any reasons for such movements.                                           
                                                                              
    We also confirm that save for the Placing and the Subscription as detailed
    in the announcement dated 7 January, 2005, 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 the directors of which individually and 
    jointly accept responsibility for the accuracy of this statement.         
                                                                              
    For and on behalf of                                                      
    Gorient (Holdings) Limited                                                
                                                                              
    Gouw Kar Yiu, Carl                                                        
    Director                                                                  
    10 January 2005                                                           
                                                                              
    As at the date of this announcement, the directors of the Company are:    
                                                                              
    Executive directors:    Mr. Gouw, Carl Kar Yiu, Ms. Gouw, Elizabeth San   
    Bo, Mr. Sun Yeung Yeung                                                   
                                                                              
    Non-executive directors:        Mr. Lo Mun Lam, Raymond, Mr. Chow Yueng   
    Tuen, Richard, Mr. Ha Kee Choy, Eugene                                    
                                                                              
    Independent non-executive directors:    Mr. Ko Sai Kit, Larry, Mr. Law    
    Hung Wai, Sam, Mr. Tsang Pak Chung, Eddy"