Listed Company Information
 

SHANGHAI MER H<01104> - Unusual price movement

The Stock Exchange has received a message from Shanghai Merchants
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 (the "Board") of 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 increase.

The Board also confirms that there are no negotiations or agreements 
relating to intended acquisitions or realizations which are discloseable 
under rule 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 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
Shanghai Merchants Holdings Limited

Lau Yau Cheung
Director

As at the date of this letter, the Board comprises two executive 
directors, namely Mr. Yue Jialin (Chairman) and Mr. Lau Yau Cheung (Chief 
Executive Officer) and four independent non-executive directors namely Mr. 
Wong Wing Kuen, Albert, Mr. Tsui Robert Che Kwong, Mr. Yang Weiming and 
Mr. Michael J. Bogue.

29 September 2006"