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Novautek Technologies Group Limited Regulatory Filings 2000

Feb 29, 2000

49267_rns_2000-02-29_d0b590f7-ca66-410c-8195-23baf5bfcacf.htm

Regulatory Filings

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Listed Company Information

KONG SUN HOLD<0295> - Exceptional Price Movement

The Stock Exchange has received a message from Kong Sun 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 Kong Sun Holdings Limited (the
"Company") has noted the recent decrease in the price of the shares of
the Company and wish to state that we are not aware of any reasons for
such decrease.

The Board also confirms that there are no negotiations or agreements
relating to intended acquisitions or realisations 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 Kong Sun Holdings Limited, the directors
of which individually and jointly accept responsibility for the accuracy
of this statement.

By Order of the Board
Kong Li Szu
Executive Director

Hong Kong, 28 February 2000"