ITC CORPORATION<0372> - Exceptional Price Movement
The Stock Exchange has received a message from ITC Corporation 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 increase in the price of the shares of the Company today
and wish to state that we are not aware of any reasons for such increase.
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 ITC Corporation Limited the directors of
which jointly accept responsibility for the accuracy of this statement.
For and on behalf of
ITC CORPORATION LIMITED
Lau Ko Yuen, Tom
Deputy Chairman
21st April, 1999"
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