MANSION HOLDING<00547> - Exceptional Price Movement

The Stock Exchange has received a message from Mansion 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 recent decrease in the price of 
the shares of the Company and wishes to state that except the disclosure 
made in the announcement dated 13th January, 2003, it is not aware of 
any reasons for such decrease.

The Board also confirms that there are no negotiations or agreements 
relating to intended acquisitions or realisations 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.

Made by the order of the Board, the directors of which individually and 
jointly accept responsibility for the accuracy of this statement.


By Order of the Board
Mansion Holdings Limited


Fye Hong 
Executive Director

14th January, 2003"