MAGNUM INT'L<00305> - Exceptional Price & Turnover Movements

The Stock Exchange has received a message from Magnum International 
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 decreases in the price and the increases in 
trading volume of the shares of the Company and wish to state that we are 
not aware of any reasons for such fluctuation and increases/decreases.

We also confirm that there are no negotiations or agreements relating to 
intended acquisitions or realisations 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 Magnum International Holdings Limited the Board of
the directors of which individually and jointly accept responsibility for 
the accuracy of this statement.


Chan Hon Ming
Executive Director

14th May, 2004


At the date of this announcement, the Board of Directors of the Company 
comprises Mr Lim Teong Leong, Mr Tam Cheok Wing, Mr Ooi Sin Heng and Mr Chan 
Hon Ming as executive directors and Ms Gan Cheong Ann and Ms Kwan Huey 
Jin as independent non-executive directors."