09:22     MAN YUE INT'L<00894> - Announcement                                 

    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.                                
                                                                              
    MAN YUE INTERNATIONAL HOLDINGS LIMITED                                    
    (Incorporated in Bermuda with limited liability)                          
    (Stock Code: 0894)                                                        
                                                                              
    Announcement                                                              
    in relation to unusual volume movement                                    
                                                                              
    This statement is made at the request of The Stock Exchange               
    of Hong Kong Limited.                                                     
                                                                              
    The board of directors ("Board") of Man Yue International                 
    Holdings Limited ("Company") has noted the unusual trading                
    volume today, and is aware that Mr. Li Tung Lok ("Mr. Li"),               
    the second largest shareholder of the Company, has disposed               
    20,000,000 shares of the Company ("Shares") in the market at              
    a price of HK$0.50 per Share ("Disposal"). According to the               
    Company's records, before the Disposal, Mr. Li held                       
    22,760,000 Shares or approximately 6.10% of the issued share              
    capital of the Company. After the Disposal, Mr. Li will                   
    continue to hold 2,760,000 Shares, representing approximately             
    0.74% of the issued share capital of the Company.                         
                                                                              
    Save as disclosed above, the Board confirms that it is not                
    aware of any other reasons for such increase in trading                   
    volume. The Board also 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                    
    collectively and individually accept responsibility for the               
    accuracy of this announcement.                                            
                                                                              
                                                                              
    On behalf of the Board                                                    
    Man Yue International Holdings Limited                                    
    Chan Ho Sing                                                              
    Chairman                                                                  
                                                                              
    Composition of the Board:                                                 
    Executive directors                                                       
    Mr. Chan Ho Sing (Chairman)                                               
    Mr. Ko Pak On                                                             
                                                                              
    Independent non-executive directors                                       
    Dr. Li Sau Hung, Eddy                                                     
    Mr. Lo Kwok Kwei, David                                                   
    Mr. Mar Selwyn                                                            
                                                                              
    Hong Kong, 15 April 2005