ASIA COMM HOLD<00104> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Asia Commercial 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 the recent increase in the price of the shares and turnover 
of the Company and wish to state that we are not aware of any reasons for 
such increase.

We 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 ASIA COMMERCIAL HOLDINGS LIMITED, the 
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.

By the order of the Board

Lai Kwok Hung, Alex
Company Secretary

Hong Kong, February 27, 2004"