09:35     LENOVO GROUP<00992> - Unusual volume movement                       

    The Stock Exchange has received a message from Lenovo Group Limited which 
    is reproduced as follows:-                                                
                                                                              
    "This statement is made at the request of The Stock Exchange of Hong Kong 
    Limited.                                                                  
                                                                              
    The board (the "Board") of directors of the Company has noted today's     
    increase in the trading volume of the shares of the Company and is not    
    aware of any reasons for such increase.                                   
                                                                              
    Save as disclosed in (i) the announcements of the Company published since 
    8 December 2004 and the circular of the Company dated 31 December 2004    
    regarding the very substantial acquisition relating to the personal       
    computer business of International Business Machines Corporation and      
    continuing connected transactions; and (ii) the announcement of the       
    Company dated 30 March 2005 regarding the proposed issue of unlisted      
    convertible preferred shares and unlisted warrants, the Board confirms    
    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, the directors of which individually and   
    jointly accept responsibility for the accuracy of this statement.         
                                                                              
                                                                              
    Composition of Board:                                                     
    Mr. Liu Chuanzhi (Chairman and Executive Director)                        
    Mr. Yang Yuanqing (Vice Chairman and Executive Director)                  
    Ms. Ma Xuezheng (Executive Director)                                      
    Mr. Zeng Maochao (Non-executive Director)                                 
    Mr. Wong Wai Ming (Independent Non-executive Director)                    
    Professor Woo Chia-Wei (Independent Non-executive Director)               
    Mr. Ting Lee Sen (Independent Non-executive Director)                     
                                                                              
                                                                              
    For and on behalf of the Board                                            
    Lenovo Group Limited                                                      
                                                                              
    Joanna Look                                                               
    Company Secretary                                                         
                                                                              
    Hong Kong, 31 March 2005"