BENEFUN INT'L<1130> - Exceptional Price & Turnover Movements
The Stock Exchange has received a message from Benefun International
Holdings Limited which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
We have noted the recent increases in the price and the increase in
trading volume of the shares of the Company and wish to state that we are
not aware of any reasons for such increases.
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 the Board of Benefun International Holdings Limited
the directors of which individually and jointly accept responsibility for
the accuracy of this statement.
Lawrence K. F. Lo
2 June 1999"