09:13     INNO-TECH HOLD<08202> - Unusual price & volume movements            

    This announcement is made at the request of The Stock Exchange of Hong    
    Kong Limited. The Stock Exchange of Hong Kong Limited takes no            
    responsibility for the contents of this announcement, makes no            
    representation as to its accuracy or completeness and expressly disclaims 
    any liability whatsoever for any loss howsoever arising from or in        
    reliance upon the whole or any part of the contents of this announcement. 
                                                                              
                                                                              
    INNO-TECH HOLDINGS LIMITED                                                
    *                                                                         
    (Incorporated in Bermuda with limited liability)                          
    (Stock Code: 8202)                                                        
                                                                              
    ANNOUNCEMENT                                                              
                                                                              
    The board of directors (the "Board") of Inno-Tech Holdings Limited (      
    the "Company") notes the increase in the price and trading volume of the  
    shares of the Company today, and wishes to state that it is not aware of  
    any reasons for such increases.                                           
                                                                              
    Except for the issue of 42,000,000 new shares under the general mandate as
    stated in the announcement made by the Company dated 30 March 2005, we    
    confirm that there are no negotiations or agreements relating to intended 
    acquisitions or realizations which are discloseable under Chapters 19 to  
    20 of the Rules Governing the Listing of Securities on the Growth         
    Enterprise Market of The Stock Exchange of Hong Kong Limited (the "GEM    
    Listing Rules"), neither is the Board aware of any matter discloseable    
    under the general obligation imposed in Rule 17.10 of the GEM Listing     
    Rules, which is or may be of a price-sensitive nature.                    
                                                                              
    May by the order of the Board, the directors of which collective and      
    individually accept responsibility for the accuracy of this announcement. 
                                                                              
    As at the date of this announcement, the Board comprises:                 
                                                                              
    Executive Directors:                                                      
    Ms. Wong Yuen Yee (Chairman)                                              
    Mr. Wong Kwok Sing (Deputy Chairman)                                      
    Mr. Wong Yao Wing, Robert                                                 
    Mr. Lam Shiu San                                                          
                                                                              
    Independent non-executive Directors:                                      
    Mr. Wong Tak Leung, Charles                                               
    Ms. Wu Wai Yee, Annis                                                     
    Ms. Ho Chui Yin, Liwina                                                   
                                                                              
            By order of the Board                                             
            Inno-Tech Holdings Limited                                        
            Wong Yuen Yee                                                     
            Chairman                                                          
                                                                              
    Hong Kong, 4 April 2005                                                   
                                                                              
    This announcement, for which the directors of Inno-Tech Holdings Limited  
    (the "Company") (the "Directors") collectively and individually accept    
    full responsibility, includes particulars given in compliance with the    
    Rules Governing the Listing of Securities on the Growth Enterprise Market 
    of The Stock Exchange of Hong Kong Limited for the purpose of giving      
    information with regard to the Company. The Directors, having made all    
    reasonable enquiries, confirm that, to the best of their knowledge and    
    belief: (1) the information contained in this announcement is accurate and
    complete in all material respects and not misleading; (2) there are no    
    other matters the omission of which would make any statement in this      
    announcement misleading; and (3) all opinions expressed in this           
    announcement have been arrived at after due and careful consideration and 
    are founded on bases and assumptions that are fair and reasonable.        
                                                                              
    This announcement will appear on the GEM website (www.hkgem.com) and on   
    the Company's website (www.it-holdings.com).                              
                                                                              
    * for identification purposes only