PEARLRIVER TYRE<01187> - Unusual price movement

The Stock Exchange has received a message from Pearl River Tyre
(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 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 
fluctuations. We confirm that there are no negotiations or agreements 
relating to intended acquisitions or realisations which are discloseable 
under Rule 13.23 of the Rules Governing the Listing of Securities on the 
Stock Exchange (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 the Company, the Directors of which 
individually and jointly accept responsibility for the accuracy of this 
statement.

As at the date of this announcement, the Board of Directors of the Company 
comprises of Mr Ang Guan Seng, the Non-Executive Chairman, Mr Goh Nan 
Kioh, the Non-Executive Deputy Chairman, Mr Goh Nan Yang and Mr Sandy Chim 
Chun Kwan, being the Executive Directors, Dr Lim Thian Soo, Mr Lim Boon 
Seh and Mr Yeoh Eng Khoon being the Non-Executive Directors and Mr Lim Loi 
Heng, Ms Helen Zee and Mr Lim Chong Puang being the Independent Non-
Executive Directors.


Tan Pei Choo
Company Secretary
Pearl River Tyre (Holdings) Limited 


Kuala Lumpur, 21 May 2007"