GUO XIN GROUP<01215> - Exceptional Turnover Movement

The Stock Exchange has received a message from Guo Xin Group 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 
Company and wish to state that we are not aware of any reasons for such 
increases.

We also confirm that there are no negotiations or agreements relating to 
intended acquisitions or realizations 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.

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


By Order of the Board
GUO XIN GROUP LIMITED

Yip Kar Hang, Raymond
Company Secretary

16 May 2002"