09:19     SINO GOLF HOLD<00361> - Unusual price & volume movements            

    The Stock Exchange has received a message from Sino Golf 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 unusual movements in the price and trading volume
    of the shares of Sino Golf Holdings Limited (the "Company") ("Unusual     
    Movements") and wish to state that we are not aware of any reasons for    
    such Unusual Movements.                                                   
                                                                              
    Save that we have published on 19 April 2005:                             
                                                                              
    a) the annual result announcement of the Company for the year ended       
    31 December 2004;                                                         
                                                                              
    b) the announcement on the connected and disclosable transaction          
    relating to the supplemental agreement for the disposal of 62.5% interest 
    in an indirect subsidiary of the Company,                                 
                                                                              
    we confirm that there are no negotiations or agreements relating to       
    intended acquisitions or realization which are disclosable under Rule 13. 
    23 of the Listing Rules, neither is the board of directors of the Company 
    (the "Board") aware of any matter disclosable under the general obligation
    imposed by Rule 13.09 of the Listing Rules, which is or may be of a price 
    -sensitive nature.                                                        
                                                                              
    Made by the order of the Company, the board of the directors of the       
    Company which individually and jointly accept responsibility for the      
    accuracy of this statement.                                               
                                                                              
    For and on behalf of                                                      
    Sino Golf Holdings Limited                                                
                                                                              
    Rochester Co                                                              
    Operations Director                                                       
                                                                              
    As at the date hereof, the board of Directors is comprised of 7 directors,
    of which 4 are Executive Directors, namely Messr. CHU Chun Man, Augustine,
    Messrs. Takanori MATSUURA, Messrs. CHU Yuk Man, Simon and Messrs. CHANG   
    Hua Jung, and the rest 3 are Independent Non-executive Directors, namely  
    Messrs. CHOY Tak Ho, Messrs. CHIU Lai Kuen, Susanna and Messrs. TSE Ying  
    Man.                                                                      
                                                                              
    Hong Kong, this 19th day of April 2005."