Listed Company Information
 

GUANGZHOU PHAR<00874> - Unusual price movement

The Stock Exchange has received a message from Guangzhou Pharmaceutical 
Company Limited which is reproduced as follows:-

"This statement is made at the request of The Stock Exchange of Hong Kong 
Limited.

The directors (the "Director") have noted the recent increases in the 
price of the shares of Guangzhou Pharmaceutical Company Limited 
(the "Company") and wish to state that the Directors are not aware of 
any reasons for such increase.

The Directors 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 of directors (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 directors, the Directors collectively 
and individually accept responsibility for the accuracy of this 
statement.


By order of the Board
Guangzhou Pharmaceutical Company Limited

He Shuhua
Company Secretary

Guangzhou, the People's Republic of China, 22 April 2005

As at the date of this announcement, the Board comprises Mr. Yang 
Yongming, Mr. Zhou Yuejin, Mr. He Shuhua and Mr. Feng Zansheng as 
executive Directors, and Mr. Wu Zhang, Mr. Wong Hin Wing and Mr. Zhang 
Heyong as independent non-executive Directors."