09:19     K. WAH CONS<00027> - Unusual price & volume movements               

    The Stock Exchange has received a message from K. Wah Construction        
    Materials 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 increases in the price and trading volume of the 
    shares of K. Wah Construction Materials Limited ("the Company") and wish  
    to state that we are not aware of any reasons for such increases.         
                                                                              
    Save as disclosed in our announcement dated 18th April, 2005, we also     
    confirm that 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 of this statement, the executive directors are Dr. Lui Che 
    Woo, Mr. Francis Lui Yiu Tung, Mr. Chan Kai Nang, Mr. William Lo Chi      
    Chung, Ms. Paddy Tang Lui Wai Yu and Mr. Joseph Chee Ying Keung; the non- 
    executive director is Mr. Moses Cheng Mo Chi; and the independent non-    
    executive directors are Dr. Charles Cheung Wai Bun, Mr. James Ross Ancell 
    and Dr. William Yip Shue Lam.                                             
                                                                              
                                                                              
    By Order of the Board                                                     
                                                                              
    Kitty Chan                                                                
    Company Secretary                                                         
                                                                              
    Hong Kong, 19th April 2005"