QINGLING MOTORS - Unusual price & volume movements



We have noted the increase 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 increase.

We confirm that there are no negotiations or agreements relating to
intended acquisitions or realizations which are discloseable under Rule
13.23 of the Listing Rules, neither is the board of directors of the
Company 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.

As at the date hereof, the board of directors of the Company comprises the
following directors :

Mr. Wu Yun
Mr. Gao Jianmin
Mr. Miyatake Yoshiyuki
Mr. Hosoi Susumu
Mr. Liu Guangming
Mr. Pan Yong
Mr. Yue Huaqiang
Mr. Long Tao
Mr. Song Xiaojiang
Mr. Xu Bingjin

Independent non-executive directors

Made by the order of the board of Qingling Motors Company Limited, the
directors of which individually and jointly accept responsibility for the
accuracy of this statement.

For and on behalf of
Qingling Motors Company Limited

Wu Nianqing
Company Secretary

4 June 2007"