GREAT CHINA<00141> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Great China Holdings 
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 decrease in the price and increase in the trading 
volume of the shares of the Company and wish to state that we are not 
aware of any reasons for such decrease in the price and increase in the 
trading volume.

We also confirm that there are no acquisition or agreements relating to 
intended acquisition or realisation 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 Great China Holdings Limited, the Board of the 
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.


Directors
----------
Mr. Rustom Ho Ming Yu   (Executive Director)
Mr. John Ho Ming Tak    (Executive Director)
Mr. Chiu Chui Yi        (Non-executive Director)
Mr. Lawrence Yu Kam Kee (Independent Non-executive Director)
Mr. David Yu Hon To     (Independent Non-executive Director)

Alfred Leung
Company Secretary

3rd May 2004"