CHINA ELEGANCE<00476> - Unusual price movement

The Stock Exchange has received a message from China Elegance (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 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 
circumstances.

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 the Board of China Elegance (Holdings) Limited, the 
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.

Hong Kong this day 26 day of February 2007"

As at the date hereof, the executive directors of the Company are Mr. 
Cheung Ngan and Mr. Chan Chung Chun Arnold, and the independent non-
executive directors are Mr. Chan Chak Paul, Mr. Hu Guang and Mr. Chan 
Francis Ping Kuen.




Chan Chung Chun
Executive Director
Date : 26 February 2007"