PAC CHALLENGE<00166> - Exceptional Turnover Movement

The Stock Exchange has received a message from Pacific Challenge Holdings 
Limited which is reproduced as follows:-

"This statement is made at the request of The Stock Exchange of Hong Kong 
Limited.

The Board of Directors has noted the increase in the trading volume of the 
Company today and wishes to state that, save as the details provided for 
in the Company's announcements dated 12 April, 22 April, 26 April, 30 
April and 3 May 2002, it is not aware of any reasons for such increase in 
the trading volume.

The Board also confirms that there are no negotiations or agreements 
relating to intended acquisitions or realizations which are discloseable 
under paragraph 3 of the Listing Agreement, nor 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.

The directors of the Company individually and jointly accept 
responsibility for the accuracy of this statement.


For and on behalf of
Pacific Challenge Holdings Limited

Chan Yim Fong, Teli
Executive Director

9 May 2002"