09:17     SWANK INT'L MFG<00663> - Unusual price movement                     

    The Stock Exchange has received a message from Swank International        
    Manufacturing Company 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 trading price of the shares of the   
    Company and wish to state that we are not aware of any reasons for such   
    movement, save as the announcement dated 18 April 2005.                   
                                                                              
    We also confirm that save as the announcement dated 18 April 2005, 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 the Company, the Directors of which     
    individually and jointly accept responsibility for the accuracy of this   
    statement.                                                                
                                                                              
    As at the date hereof, the Board of the Company comprises Mr. Yau Tak Wah,
    Paul, Miss Louie Mei Po, Mr. Tam Wing Kin, Miss Wong Shin Ling, Irene and 
    Mr. Cheung Wah Hing as Executive Directors and Mr. Hahn Ka Fai, Mark, Miss
    Shum Wai Ting, Rebecca and Mr. Wu Wang Li as Independent Non-executive    
    Directors.                                                                
                                                                              
                                                                              
    Hong Kong, this 19th day of April 2005                                    
                                                                              
    Tam Wing Kin                                                              
    19th April 2005"