UDL HOLDINGS<00620> - Unusual price movement

The Stock Exchange has received a message from UDL 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 decrease in the trading price of the shares of 
the Company, and wish to state that we are not aware of any reasons for 
such movement.

We also confirm that there are no negotiations or agreements relating to 
intended acquisitions or realizations 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 a price-
sensitive nature.

Made by the order of the Board of UDL Holdings Limited the directors of 
which individually and jointly accept responsibility for the accuracy of 
this statement.

Currently, the Board comprises three executive directors namely Mrs. Leung 
Yu Oi Ling, Irene, Ms. Leung Chi Yin, Gillian, Mr. Lee Ka Lun, Stephen and 
three independent non-executive directors, namely Mr. Pao Ping Wing, JP, 
Professor Yuen Ming Fai, Matthew and Ms. Tse Mei Ha.


By order of the Board
UDL HOLDINGS LIMITED

Luk Ka Kit David
Company Secretary

May 23 2005"