ING BEIJING<01062> - Exceptional Price & Turnover Movements The Stock Exchange has received a message from ING Beijing Investment Company 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 increases in the trading volume of the shares of the Company and wish to state that we are not aware of any reasons for such decreases/increases. 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 ING Beijing Investment Company Limited the directors of which individually and jointly accept responsibility for the accuracy of this statement. Lawrence H. Wood Director 19th day of November, 2002"