09:04     WANG ON GROUP<01222> - Unusual volume movement                      

    The Stock Exchange has received a message from Wang On Group 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 shares of  
    the Company and wish to state that we are not aware of any reasons for    
    such increase.                                                            
                                                                              
    We also confirm that save for the announcement dated 18 May 2005 made by  
    the Company in relation to the increase in trading volume and share price,
    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 Board of directors of Wang On Group Limited, the 
    directors (comprising of (1) the Executive Directors namely Mr. Tang Ching
    Ho, Ms. Yau Yuk Yin and Mr. Chan Chun Hong, Thomas; and (2) the           
    Independent Non-executive Director namely Dr. Lee Peng Fei, Allen, Mr.    
    Wong Chun, Justein, Dr. Siu Yim Kwan, Sidney and Mr. Siu Kam Chau) of     
    which individually and jointly accept responsibility for the accuracy of  
    this statement.                                                           
                                                                              
    By the Order of the Board of                                              
    WANG ON GROUP LIMITED                                                     
                                                                              
    Chan Chun Hong, Thomas                                                    
    Director                                                                  
                                                                              
    Hong Kong, 19 May 2005"