CHINA RESOURCES<00291> - Exceptional Price Movement

The Stock Exchange has received a message from China Resources Enterprise, 
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 of the shares of the 
Company and wish to state that we are not aware of any reasons for such 
decrease.

Save as disclosed in the announcement dated 1st November 2001, 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 Board of the directors of China Resources Enterprise Limited, 
which individually and jointly accept responsibility for the accuracy of 
this statement.

An Lu
Executive Director

2nd November 2001"