GOLDBOND GROUP<00172> - Unusual price & volume movements

The Stock Exchange has received a message from Goldbond Group Holdings
Limited which is reproduced as follows:-

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

We have noted the increase in the price and trading volume of the shares 
of Goldbond Group Holdings Limited (the "Company") on 23 March 2006 and 
wishes to state that save for one of the subsidiaries of the Company (the 
"Subsidiary") had entered into a non-legally binding memorandum of 
understanding (the "MOU") for the disposal of its interest in a company (
the "Target Company") on 26 January 2006, the Directors are not aware of 
any reasons for such increase. The Subsidiary and other shareholders of 
the Target Company (collectively, the "Existing Shareholders") have been 
in discussions with various independent third parties (the "Potential 
Buyers") not connected with the substantial shareholders, directors and 
chief executive of the Company and any of its subsidiaries or their 
respective associates (as defined in the Rules Governing the Listing of 
Securities on the Stock Exchange (the "Listing Rules")) with a view to 
disposing of all the equity interest in the Target Company held by the 
Existing Shareholders to the Potential Buyers, which may result in a 
notifiable transaction for the Company under the Listing Rules.

No agreement has been reached and no formal agreement has been entered 
into between the Existing Shareholders and the Potential Buyers and any 
discussion of the abovementioned disposal at the moment may or may not 
proceed further.

Further announcement(s) will be made if necessary pursuant to the Listing 
Rules.

Save for the above, the Board confirms 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.

In the meantime, shareholders of the Company are reminded to exercise 
caution when dealing in the shares of the Company.

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

As at the date of this announcement, the Board comprised Mr. Wong Yu Lung, 
Charles, Mr. Lan Ning, Mr. Kee Wah Sze and Mr. Ding Chung Keung, Vincent 
(executive Directors), Mr. Ip Yin Wah, Mr. Ma Ho Fai JP and Mr. Melvin 
Jitsumi Shiraki (independent non-executive Directors).

Hong Kong, this 23rd day of March 2006.

For and on behalf of 
GOLDBOND GROUP HOLDINGS LIMITED

Ms. Kelly Li"