GUANGDONG TANN<01058> - Unusual price & volume movements
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 (the "Stock Exchange").
The board (the "Board") of directors (the "Directors") of Guangdong
Tannery Limited (the "Company") has noted the increase in the price and
trading volume of the shares of the Company on 13th July, 2005 and wishes
to state that apart from the proposed privatization of the Company
detailed in the announcement of the Company dated 12th July, 2005, the
Board is not aware of any reasons for such increases.
Save as disclosed above, the Board confirms that there are no negotiations
or agreements relating to intended acquisitions or realisations which are
discloseable under rule 13.23, nor is the Board aware of any matter
discloseable under the general obligation imposed by rule 13.09, of the
Rules Governing the Listing of Securities on the Stock Exchange which is
or may be of a price-sensitive nature.
Shareholders of the Company are advised to exercise caution when dealing
in the shares of the Company.
Made by the order of the Board of the Company, the Directors of which
individually and jointly accept responsibility for the accuracy of this
As at the date of this statement, the Board comprises Mr. Zhang Chunting,
Xiong Guangyang, Hui Wai Man Lawrence, Ho Lam Lai Ping Theresa, and three
independent non-executive directors, namely, Cheng Hok Lai James, Fung Lak
and Choi Kam Fai Thomas.
Guangdong Tannery Limited
By Order of the Board
Hui Wai Man, Lawrence
Date: 13th July, 2005"