GUANGZHOU PHAR<00874> - Unusual price & volume movements

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 board of directors of the Company ("the Board") have noted the today's 
increase in the price and trading volume of the shares of the Company and 
wish to state that we are not aware of any reasons for such increases.

The Board also confirm that there are no negotiations or agreements 
relating to intended acquisitions or realisations which are discloseable 
under rule 13.23 of the Listing Rules, neither is the 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 which individually and jointly accept 
responsibility for the accuracy of this statement.

As at the date hereof, the Board comprises Mr. Yang Rongming, Mr. Shi 
Shaobin, Mr.Chen Zhinong and Mr. Feng Zansheng as Executive Directors, and 
Mr. Wu Zhang, Mr. Wong Hin Wing and Mr. Zhang Heyong as Independent Non-
executive Directors.


For and on behalf of the Board

He Shuhua
Company Secretary
14 May 2007"