SHENYANG PUBLIC<00747> - Exceptional Turnover Movement

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 trading volume of the 
H shares of the Company and wish to state that save as the proposed change 
of auditors, proposed reduction in state shares in relation to the 
proposed issue of new H shares of the Company as disclosed by the Company 
in the announcement dated 10 march 2004, we are not aware of any 
reasons for such increases.

Save as the aforesaid, 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.

The statement is made by the order of the Board of Directors of Shenyang 
Public Utility Holdings Company Limited, the directors of which 
individually and jointly accept responsibility for the accuracy of this 
statement.


By order of the board of
Shenyang Public Utility Holdings Company Limited

Zhang Jian Bo
Director

11 March, 2004"