ITC CORPORATION<00372> - Unusual volume movements

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 recent increase in trading volume of the ordinary shares 
of the Company and wish to state that we are not aware of any reasons for 
such increase.

Save as disclosed in the announcement of the Company dated 6 April 2005, a 
circular and an offer document both dated 27 April 2005, we also confirm 
that there are no negotiations or agreements relating to intended 
acquisitions or realisations which are discloseable under rule 13.23 of 
the Rules Governing the Listing of Securities on The Stock Exchange of 
Hong Kong Limited (the "Listing Rules"), neither is the board of directors 
of the Company ("Board") aware of any matter discloseable under the 
general obligation imposed by rule 13.09 of the Listing Rules, 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 individually and jointly accept responsibility for the accuracy of 
this statement.

As at the date of this statement, the Board comprises nine directors of 
the Company, of which (i) six are executive directors, namely Dr. Chan 
Kwok Keung, Charles, Mr. Lau Ko Yuen, Tom, Ms. Chau Mei Wah, Rosanna, Mr. 
Chan Kwok Hung, Mr. Chan Fut Yan and Mr. Cheung Hon Kit; and (ii) three 
are independent non-executive directors, namely Mr. Chuck Winston Calptor, 
Mr. Lee Kit Wah and Mr. Wong Kam Cheong, Stanley.


For and on behalf of board of 
ITC CORPORATION LIMITED



Chau Mei Wah, Rosanna
Managing Director 

6 May 2005"