Symphony Holdings Limited — Director's Dealing 2000

Feb 21, 2000

Listed Company Information

SYMPHONY HOLD<1223> - Exceptional Price & Turnover Movements The Stock Exchange has received a message from Symphony Holdings Limited which is reproduced as follows:- "This Statement is made at the request of The Stock Exchange of Hong Kong Limited. The Company was informed by First Place Limited ("First Place"), a substantial shareholder of the Company, that it has disposed of 9,000,000 shares in the Company, representing approximately 1.3% of the trading volume of shares at the prices ranging from HK$0.38 to HK$0.395 on 18th February, 2000. Mr Chan Ting Chuen and Mr Sze Sun Sun, Tony, both are directors of the Company, are interested in more than one-third of the issued share captial of First Place and are deemed to be interested in shares of Symphony held by First Place. Save for the above dealings by First Place, the Company is not aware of any reasons for such increase in trading volume of shares and decrease in price of shares on 18th February, 2000. We also confirm 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 Symphony Holdings Limited the directors of which individually and jointly accept responsibility for the accuracy of this statement. For and on behalf of SYMPHONY HOLDINGS LIMITED Law Wai Chung, Allen Deputy Managing Director 18th February, 2000"