WINFOONG INT'L<00063> - Unusual price & volume movements

The Stock Exchange has received a message from Winfoong International
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 recent increases in the price and the trading volume of 
the shares of the Company and wish to state that we are not aware of any 
reasons for such increases.

With reference to the article appearing in today's edition of Hong Kong 
Daily News (the "Article") in relation to the Company, we confirm that the 
Company has no knowledge of the source of information on which it is 
based.  The Company has at the present moment no intention to undergo 
privatization.

The Company is unaware of any other information relevant to the Article 
that should be brought to your attention.

We also confirm that there are no negotiations or agreements relating to 
intended acquisitions or realizations 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 Winfoong International Limited the Board of the 
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.

As at the date of this statement, the Board comprises (i) three executive 
directors, namely Mr. Cheong Pin Chuan, Patrick, Mr. Cheong Kim Pong and 
Mr. Cheong Sim Eng and; (ii) one non-executive director namely Mdm. Lim 
Ghee; and (iii) three independent non-executive directors, namely Mr. Lai 
Hing Chiu, Dominic, Mr. Kan Fook Yee and Mr. Chan Yee Hoi, Robert.


For and on behalf of 
Winfoong International Limited

Cheong Pin Chuan, Patrick
Director
24 March 2005"