KWONG HING INTL<01131> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Kwong Hing International 
Holdings (Bermuda) Limited which is reproduced as follows:-

"This statement is made at the request of The Stock Exchange of Hong Kong 
Limited.

We have noted that the recent increase 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 increase.

We also confirm that there are no negotiations or agreements 
relating to intended acquisitions or realisations which are discloseable 
under paragraph 3 of the Listing Agreement, neither is the Board aware of 
any matter discloseable under the general obligation imposed by paragraph 
2 of the Listing Agreement, which is or may be of a price sensitive 
nature.

Made by the order of Kwong Hing International Holdings (Bermuda) Limited 
the Board of the Directors of which individually and jointly accept 
responsibility for the accuracy of this statement.


For and on behalf of
Kwong Hing International Holdings (Bermuda) Limited

Li Man Tak
Director

Hong Kong 2nd June, 2003"