HAYWOOD INV<00905> - Exceptional Turnover Movement

The Stock Exchange has received a message from Haywood Investments 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 volume of the shares of the 
Company. We wish to state that we are not aware of any reasons for such 
increase in volume.

We also confirm that there are no negotiations or agreements relating to 
intended acquisitions or realizations 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 HAYWOOD INVESTMENTS LIMITED the 
directors (except Lee Wa Lun, CHANG Hang Vai who cannot be 
contacted) of which individually and jointly accept responsibility for the 
accuracy of this statement.


WONG Fong Kim
Director

For and on behalf of
HAYWOOD INVESTMENTS LIMITED

Hong Kong, 5th January, 2004"