abc Multiactive Limited — Earnings Release 2000

Feb 26, 2001

Results Announcement Form - Page 1

Yearly Results announcement form

Name of listed company : abc Multiactive Limited Stock code : 8131 Year end date : 30th November 2000

abc Multiactive Limited

Important Note :

This result announcement form only contains extracted information from and should be read in conjunction with the detailed results announcement of the issuer, which can be viewed on the GEM website at http://www.hkgem.com

Currency: HK$

Currency: HK$			Proforma combined	Proforma combined
		(Audited)	(Unaudited)	(Unaudited)
				Last
		Current	Current	Corresponding
		Period	Year	Year
		from 02/03/2000	1/12/1999	1/12/1998
		to 30/11/2000	30/11/2000	30/11/1999
		(HK$'000)	(HK$'000)	(HK$'000)
Turnover	:	25,213	33,739	15,210
Profit/(Loss) from Operations	:	-20,599	-34,021	-2,254
Finance cost	:	-79	-237	-60
Share of Profit/(Loss) of Associates	:	0	0	0
Share of Profit/(Loss) of	:
Jointly Controlled Entities	:	0	0	0
Profit/(Loss) after Tax & MI	:	-20,638	-34,258	-2,314
% Change over Last Period	:	N/A	N/A	N/A
Profit/loss-Basic	:	(.89) cents	N/A	N/A
-Diluted	:	N/A	N/A	N/A
Extraordinary (ETD) Gain/(Loss)	:
Profit/(Loss) after ETD Items	:	-20,638	-34,258	-2,314
Final Dividend per Share	:	N/A	N/A	N/A
(Specify if with other options)	:
B/C Dates for Final Dividend	:	N/A	N/A	N/A
Payable Date	:	N/A	N/A	N/A
B/C Dates for AGM/(-)
General Meeting	:	22nd March 2001	to 26th March 2001
Other Distribution for
Current Period	:	N/A	N/A	N/A
B/C Dates for Other
Distribution	:	N/A	N/A	N/A

Results Announcement Form - Page 2

Remark:

Pursuant to a group reorganisation completed on 22nd January 2001 in preparation for the listing of the Company's shares on the Growth Enterprise Market ("GEM") of the Stock Exchange of Hong Kong Limited, the Company became the holding company of the group. The Company's share were listed on the GEM on 31st January 2001.

The reorganisation was completed on 22nd January 2001 and has not been reflected 'in the accounts by the Group for the period ended 30th November 2000. To facilitate the comparison of result of the Group with that presented in the accountant's report 'in the appendix I of the prospectus of the Company dated 22nd January 2001, the pro forma combined results are presented on a combined basis as if the current group structure had been in existence throughout the year ended 30th November 2000, except for abc Multiactive (Hong Kong) Limited, which was acquired by the Company with effect from 1st March 2000 for cash and other consideration 'and its results are consolidated by the Company with effect from 1st March 2000.

Responsibility statement

The directors of the Company (the "Directors") as at the date hereof hereby collectively and individually accept full responsibility for the accuracy of the information contained in this results announcement form (the "Information") and confirm, having made all reasonable inquiries, that to the best of their knowledge and belief the Information are accurate and complete in all material respects and not misleading and that there are no other matters the omission of which would make the Information herein inaccurate or misleading.The Directors acknowledge that the Stock Exchange has no responsibility whatsoever with regard to the Information and undertake to indemnify the Exchange against all liability incurred and all losses suffered by the Exchange in connection with or relating to the Information.

For and on behalf of abc Multiactive Limited

Name : Anthony Wai Hung Au

Title : Managing Director