DAIDO GROUP - Unusual price & volume movements



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

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:
Mr. Fung Wa Ko (Chairman)
Mr. Tang Tsz Man, Philip

Independent Non-Executive Directors:
Mr. Leung Chi Hung
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, 28 May 2007"