09:24     TRISTATE HOLD<00458> - Unusual price & volume movements             

    The Stock Exchange has received a message from Tristate 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 today's increases in the price and trading volume of the sha
    of the Company and wish to state that we are not aware of any reasons for 
    such increases, save for the results announcement of the Company for the y
    ended 31st December 2004 dated 22nd 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 Company, the Board of directors of which (save   
    for Mr. Yuan Ching Man, James who is currently out of Hong Kong and cannot
    be contacted at the time of issue of this statement) individually and     
    jointly accept responsibility for the accuracy of this statement.         
                                                                              
                                                                              
    For and on behalf of                                                      
    TRISTATE HOLDINGS LIMITED                                                 
                                                                              
    Wang Kin Chung, Peter                                                     
    Chairman and Chief Executive Officer                                      
                                                                              
    As at the date of this announcement, the Executive Director of the Company
    is Mr. Wang Kin Chung, Peter, the Non-Executive Directors of the Company  
    are Ms. Wang Koo Yik Chun, Ms. Leslie Tang Schilling, Ms. Mak Wang Wing   
    Yee, Winnie, Dr. Wang Shui Chung, Patrick, and the Independent Non-       
    Executive Directors of the Company are Mr. Yuan Ching Man, James, Mr. Lo  
    Kai Yiu, Anthony and Mr. James Christopher Kralik.                        
                                                                              
    25 April 2005"