WAH YIK HOLD<0862> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Wah Yik Holdings Company 
Limited which is reproduced as follows:-

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

The board of directors (the "Directors") of Wah Yik Holdings Company 
Limited (the "Company") have noted the recent decrease in the price and 
increase in trading volume of the shares of the Company.

The Directors wish to state that save for the matters stated in the press 
announcement of the Company dated 5 November 1999, they are not aware of 
any reasons for the recent decrease in the price and increase in trading 
volume of the shares of the Company.

The Directors also confirm that save for the matters stated in the 
press announcement of the Company dated 5 November 1999, there are no 
negotiations or agreements relating to intended acquisitions or 
realisations which are discloseable under paragraph 3 of the Listing 
Agreement, neither are the Directors 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 order of the Directors which individually and jointly accept the 
responsibility for the accuracy of this statement.

By order of the board of directors
Wah Yik Holdings Company Limited 

Hui Mang Mang
Director

Hong Kong, 11 November 1999"