08:58     FIRST TRACTOR<00038> - Unusual volume movement                      

    The Stock Exchange has received a message from First Tractor Company      
    Limited which is reproduced as follows:-                                  
                                                                              
    "This statement is made at the request of The Stock Exchange of Hong Kong 
    Limited.                                                                  
                                                                              
    The board of directors (the "Board") of First Tractor Company Limited (the
    "Company") has noted the increase in the trading volume of the shares of  
    the Company today and wishes to state that the Board is not aware of any  
    reasons.                                                                  
                                                                              
    The Board confirms that there are no negotiations or agreements relating  
    to intended acquisitions or realizations which are discloseable under Rule
    13.23 of the Listing Rules, neither is the Board of any matter            
    discloseable under the general obligation imposed by Rule 13.09 of the    
    Listing Rules, which is or may be of a price-sensitive nature.            
                                                                              
    Made by the order of the Board, the directors of which individually and   
    jointly accept responsibility for the accuracy of this statement.         
                                                                              
    As at the date of this announcement, the Board comprises ten executive    
    directors, namely Mr. Liu Dagong, Mr. Liu Wenying, Mr. Zhao Yanshui,      
    Mr. Yan Linjiao,  Mr. Li Tengjiao, Mr. Shao Haichen, Mr. Zhang Jing,      
    Mr. Li Youji, Mr. Liu Shuangcheng and Mr. Zhao Fei and four independent   
    non-executive directors, namely Mr. Lu Zhongmin, Mr. Tao Xiang, Mr. Chen  
    Zhi and Mr. Chan Sau Shan, Gary.                                          
                                                                              
                                                                              
    By Order of the board of                                                  
    First Tractor Company Limited                                             
                                                                              
    Zhang Guo Long                                                            
    Company Secretary                                                         
                                                                              
    May 30, 2005"