09:06     BEAUFORTE INV<00021> - Unusual price & volume movements             

    The Stock Exchange has received a message from Beauforte Investors        
    Corporation 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 increase in trading volume and decrease in price        
    of the shares of the Company today and wish to state that we are not aware
    of any reasons for such increase and decrease.                            
                                                                              
    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 Beauforte Investors Corporation Limited the Board of 
    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 Mr. Li      
    Guanghao, Mr. Chen Baodong,and Mr. Li Zhaohui and the independent non-    
    executive directors are Mr. Cheung Hok Fung, Alexander, Ms. Leung Fung    
    Yee, Alice and Ms. Lou Aidong.                                            
                                                                              
    Beauforte Investors Corporation Limited                                   
    Li Guanghao                                                               
    Director                                                                  
                                                                              
    18 May 2005"