DVB (HOLDINGS)<0500> - Exceptional Price Movement

The Stock Exchange has received a message from DVB (Holdings) Limited 
which is reproduced as follows:-

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

The board (the "Board") of directors of DVB (Holdings) Limited (the 
"Company") has noted the recent increase in the price of the shares 
of the Company and wishes to state that the Board is not aware of any 
reasons for such movements.

Save as the announcement date 31 January 2000 in relation to the placing 
of existing shares and subscription of new shares of the Company, the 
Board confirms that there are no negotiations or agreements relating to 
intended acquisitions or realisations which are discloseable under 
paragraph 3 of the Listing Agreement and 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 DVB (Holdings) Limited, the directors of 
which individually and jointly accept responsibility of the accuracy of 
this statement.

For and on behalf of
DVB (Holdings) Limited 

Cecil Ho
Company Secretary

11 February, 2000"