Listed Company Information
 

GRANDTOP INT'L<02309> - Unusual price movement

The Stock Exchange has received a message from Grandtop International
Holdings Limited which is reproduced as follows:-

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

We have noted that increase in the trading price of shares on 23 June 2006 
and wish to state that we are not aware of any reasons for such movement.

We also confirm that there are no negotiations or agreements relating to 
intended acquisitions or realisations which are discloseable under Rules 
13.23, neither is the Board aware of any matter discloseable under the 
general obligation imposed by Rule 13.09, which is or may be of a price-
sensitive nature.

Made by the order of the Board of Grandtop International Holdings Limited, 
the directors of which individually and jointly accept responsibility for 
the accuracy of this statement

As at the date of this announcement, the Board comprises of five executive 
directors, namely Ms. Tsai Lai Wa, Jenny, Ms. Mao Yue, Mr. Siu Edmund, Ms. 
Siu Bessie and Mr. Lee Yiu Tung and four independent non-executive 
directors, namely Ms. Lo Wing Yan, Emmy, Mr. Fu Wing Kwok, Ewing, Mr. 
Liang Kwong Lim and Mr. Chang Kin Man.

For and on behalf of 
Grandtop International Holdings Limited

Siu Edmund
Executive Director

Hong Kong 23 June, 2006"