ASIA COMM HOLD<00104> - Exceptional Price Movement

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 

We have noted the recent increases in the price of the shares of the 
Company and wish to state that we are not aware of any reasons for such 

We also confirm 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 of a 
price-sensitive nature.

Made by the order of the Board of ASIA COMMERCIAL HOLDINGS LIMITED, the 
directors (comprising of (1) the Executive Directors namely Mr. Leung 
Chung Ping, Owen, Mr. Sum Pui Ying, Adrian and Dr. Wong Wang Chan; (2) the 
Non-executive Director namely Miss Leung Miu King, Marina; and (3) the 
Independent Non-executive Directors namely Sit Kien Ping, Peter, Esq. and 
Mr. Lai Si Ming) of which individually and jointly accept responsibility 
for the accuracy of this statement.

By the order of the Board

Lai Kowk Hung, Alex
Company Secretary

Hong Kong, April 22, 2004"