09:32     GUO XIN GROUP<01215> - Unusual price & volume movements             

    The Stock Exchange has received a message from Guo Xin Group Limited      
    which is reproduced as follows:-                                          
                                                                              
    "This statement is made at the request of The Stock Exchange of Hong Kong 
    Limited (the "Stock Exchange").                                           
                                                                              
    We have noted today's increases in the price and trading volume of the    
    shares of the Company and wish to state that we are not aware             
    of any reasons for such increases.                                        
                                                                              
    Save for the proposed acquisition of properties in Dong Cheng District,   
    Beijing, the PRC as disclosed in the announcement of the Company dated 15 
    April 2005, we confirm that there are no negotiations or agreements       
    relating to any intended acquisitions or realisations which are           
    discloseable under rule 13.23 of the Rules (the "Listing Rules") Governing
    the Listing of Securities on the Stock Exchange, neither is the board (the
    "Board") of directors of the Company aware of any matter discloseable     
    under the general obligation imposed by rule 13.09 of the Listing Rules,  
    which is or may be of price-sensitive nature.                             
                                                                              
    Made by order of the Board of Guo Xin Group Limited, the directors of     
    which individually and jointly accepts responsibility for the accuracy of 
    this statement.                                                           
                                                                              
    As at the date of this announcement, the Board consists of Mr. Zhang      
    Yang and Mr. Lam Cheung Shing, Richard (both being executive Directors),  
    are Mr. Tam Sun Wing, Mr. Ko Ming Tung, Edward and Mr. Ng Ge Bun (all     
    being independent non-executive Directors).                               
                                                                              
                                                                              
    For and on behalf of                                                      
    Guo Xin Group Limited                                                     
                                                                              
    Lam Cheung Shing, Richard                                                 
    Director and Company Secretary                                            
                                                                              
    25 May 2005"