Listed Company Information
 

GUANGDONG TANN<01058> - Exceptional Price Movement

The Stock Exchange has received a message from Guangdong Tannery 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 increase in the price of shares of the Company on 5 
May 2004 and wish to state that we are not aware of any reasons for 
the increase in the share price.

We also confirm that 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 Guangdong Tannery Limited, the 
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.


The Board comprises of:  

Wu Jiesi (Honorary President)
Zhang Chunting (Chairman)
Chen Hong (Managing Director)
Hui Wai Man Lawrence (Director & Chief Financial Officer)
Xiong Guangyang
Cheng Hok Lai James*
Fung Lak*
Ho Lam Lai Ping Theresa
Chan Hee Kwan

* Independent Non-Executive Director


By Order of the Board
Chan Miu Ting
Company Secretary

Hong Kong, 5 May, 2004."