UNIVERSE INT'L<1046> - Exceptional Turnover 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 trading volume of the share of the 
Company and wish to state that we are not aware of any reasons for such 
increase.

We also confirm that except the issuing of convertible notes on 10th 
July 2000, for which details are already disclosed, 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.

Chiu Suet Ying
11th July 2000"