BENEFUN INT'L<01130> - Unusual price movement

The Stock Exchange has received a message from Benefun International
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 recent increase in the price of the shares of the 
Company and wish to state that we are not aware of any reasons for such 
change.

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 a price-
sensitive nature.

Made by the order of the Board of the Company, the directors of which 
individually and jointly accept responsibility for the accuracy of this 
statement.

Currently, the  Board comprises four executive directors, namely Mr. Tan 
Sim Chew, Mr. Zhong Ma Ming, Mr. Fu Zi Cong and Mr. Lo King Fat, Lawrence, 
and three independent non-executive directors, namely Mr. Wong Kwai Sang, 
Kays, Mr. Tsang Chun Pong and Mr. Li Chun Ming, Raymond.                   
     
                        
                        
For and of behalf of                    
Benefun International Holdings Limited                  
                        
                                        
Lo King Fat, Lawrence                   
Director                        
18 July 2006"