WINFOONG INT'L<0063> - Exceptional Price Movement

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 on 27 January 2000.

We have noted the recent increases in the price 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 to the Company the Board of the directors of which 
individually and jointly accept responsibility for the accuracy of 
this statement.

Miranda Lam
Company Secretary

27 January 2000"