UNIVERSE INT'L<1046> - Exceptional Price Movement

The Stock Exchange has received a message from Universe International 
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 increase in the price of the Company and wish to 
state that we are not aware of any reasons for such increase except for 
our announcement in respect of share placing dated on 3rd March 2000.

We also confirm that, except for share placing announced on 3rd March 
2000, 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 of the Board of Universe International Holdings Limited 
the directors of which individually and jointly accept responsibility for 
the accuracy of this statement.

Kwan Kam Kiu

6th March 2000"