DAIDO GROUP - Unusual price movement



We have noted the decrease in the price of the shares of the Company today
and wish to state that we are not aware of any reasons for such decrease.

We 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 Daido Group Limited, the director of
which, (except Mr. Tang Tsz Man, Philip who cannot be contacted up to the
time of releasing this statement), individually and jointly accept
responsibility for the accuracy of this statement.

As at the date of this statement, the Board comprises of :-

Executive Directors: Independent Non-Executive Directors:
Mr. Fung Wa Ko (Chairman) Mr. Leung Chi Hung
Mr. Tang Tsz Man, Philip Mr. Leung, Tsz Fung David Ferreira
Mr. Tse Yuen Ming

For and on behalf of the Board of
Daido Group Limited

Choy Kai Sing
Company Secretary
Hong Kong, 18 June 2007"