SHENYANG PUBLIC<00747> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Shenyang Public Utility 
Holdings Company 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 increases in the price and trading volume of the 
shares of the Company and wish to state that we are not aware of 
any reasons for such increase.

We also confirm that save for the information as disclosed in the 
announcement of the Company dated 29th July, 2002, 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 of directors of the Company (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 and the directors of which individually and 
jointly accept responsibility of the accuracy of this statement.

For and on behalf of
Shenyang Public Utility Holdings Company Limited

Wang Se
Executive Director

Hong Kong, 30th July, 2002"