ASIA LOGISTIC<0862> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Asia Logistics Technologies 
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 decrease in the share price and the increase of 
the trading volume of the shares of the Company and wish to state that we 
are not aware of any reasons for such decrease in the share price and the 
increase of the trading volume.

Save as those stated in the Company's announcements appearing on 17th 
October 2000 (Conditional Cash Offers), 24th October, 2000 (Share 
Transaction), 8th November, 2000 (Recent increase in price) and 13th 
November, 2000 (Recent increase in price), we also confirm that 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 Asia Logisitics Technologies Limited, 
the directors of which, other than Mr. Zhang Guoliang and Mr. Wei Chi 
Kuan, Kenny who are presently out of Hong Kong and cannot be contacted in 
the meantime, individually and jointly accept responsibility for the 
accuracy of this statement.

For and on behalf of 
ASIA LOGISTICS TECHNOLOGIES LIMITED

Cheng Wai Chu
Company Secretary

14th November, 2000"