09:22     ORIENTAL EXPL<00430> - Unusual price & volume movements             

    The Stock Exchange has received a message from Oriental Explorer          
    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 fluctuation in the price and increase in the trading    
    volume of the shares of the Company and wish to state that we are not     
    aware of any reasons for such fluctuation.                                
                                                                              
    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 Oriental Explorer Holdings Limited, the Board of the 
    directors of which individually and jointly accept responsibilities for   
    the accuracy of this statement.                                           
                                                                              
    List of Directors:                                                        
    -------------------                                                       
    Mr. Lau Chi Yung, Kenneth (Executive Director)                            
    Mr. Lau Michael Kei Chi (Executive Director)                              
    Mr. Choy Tak Ho (Independent Non-executive Director)                      
    Mr. Lo Yick Wing (Independent Non-executive Director)                     
    Mr. Wong Yim Sum (Independent Non-executive Director)                     
                                                                              
                                                                              
    By Order of the Board                                                     
                                                                              
    Mr. Lau Chi Yung, Kenneth                                                 
    Chairman                                                                  
                                                                              
    Date:   27 April 2005"