AEON STORES<00984> - Exceptional Price Movement

The Stock Exchange has received a message from AEON Stores (Hong Kong) 
Co., 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 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 
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 AEON Stores (Hong Kong) Co., Limited the Board of the 
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.


For and on behalf of
AEON Stores (Hong Kong) Co., Limited

K S Heng
Company Secretary

2 August 2004"