WAH YUEN HOLD<02349> - Unusual price & volume movements

The Stock Exchange has received a message from Wah Yuen 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 today's increase in the price and trading volume of the 
shares of the Company and wish to state that we are not aware of any 
reasons for such increase.

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 the board of directors of Wah Yuen Holdings Limited, 
the directors of which individually and jointly accept responsibility for 
the accuracy of this statement.

As at the date of this statement, Mr. But Ching Pui, Mr. But Ka Wai, and 
Mr. But Chai Tong  are the executive Directors, Ms. Leung Wai Ling and Mr. 
Ngai Chun Kong, Stephen are the non-executive Directors, and Mr. Cheung Yu 
Yan, Tommy, Mr. Ip Shing Tong, Francis and Mr. Ku Siu Fung, Stephen are 
the independent non-executive Directors.

Name    : But Chai Tong
Title   : Vice Chairman

Hong Kong, 9 day of May, 2007"