09:14     REGAL INT'L<00078> - Unusual volume movement                        

    The Stock Exchange has received a message from Regal Hotels               
    International 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 increase in the trading volume of the ordinary   
    shares of Regal Hotels International Holdings Limited (the "Company") and 
    wish to state that we are not aware of any reasons for such increase.     
                                                                              
    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 of Directors of the Company 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 (namely Mr.  
    LO Yuk Sui (Chairman and Managing Director), Dr. Francis CHOI Chee Ming ( 
    Vice Chairman and Non-Executive Director), Mr. Donald FAN Tung (Executive 
    Director), Ms. Alice KAN Lai Kuen (Independent Non-Executive Director),   
    Mr. Tommy LAM Chi Chung (Executive Director), Mr. Jimmy LO Chun To (      
    Executive Director), Miss LO Po Man (Executive Director), Mr. Kenneth NG  
    Kwai Kai (Executive Director), Mr. NG Siu Chan (Independent Non-Executive 
    Director), Mr. Kai Ole RINGENSON (Non-Executive Director), Mr. WONG Chi   
    Keung (Independent Non-Executive Director) and Ms. Belinda YEUNG Bik Yiu  
    (Executive Director)) of which individually and jointly accept            
    responsibility for the accuracy of this statement.                        
                                                                              
                                                                              
    By Order of the Board of                                                  
    REGAL HOTELS INTERNATIONAL HOLDINGS LIMITED                               
                                                                              
    Eliza Lam                                                                 
    Secretary                                                                 
                                                                              
    Hong Kong, 4th May, 2005"