09:24     PAK FAH YEOW<00239> - Unusual price & volume movements              

    The Stock Exchange has received a message from Pak Fah Yeow International 
    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 the Company and wish to state that we are not aware of any      
    reasons for such movements.                                               
                                                                              
    We also confirm 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 Pak Fah Yeow International Limited, the Board of     
    directors of which individually and jointly accept responsibility for the 
    accuracy of this statement.                                               
                                                                              
                                                                              
    For and on behalf of                                                      
    PAK FAH YEOW INTERNATIONL LIMITED                                         
                                                                              
    Gan Fock Wai, Stephen                                                     
    Director                                                                  
                                                                              
    Executive Directors:                                                      
    GAN Wee Sean                                                              
    GAN Fock Wai, Stephen                                                     
    CHIU Sin Kuen                                                             
                                                                              
    Independent Non-executive Directors:                                      
    Kwan Chiu Yin, Robert                                                     
    Wong Ying Kay, Ada                                                        
    Ip Tin Chee, Arnold                                                       
                                                                              
                                                                              
    20th April 2005"