Continental Holdings Limited — Earnings Release 2006

Apr 18, 2006

(Incorporated in Hong Kong with limited liability)

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(Stock Code: 291)

ANNOUNCEMENT OF UNAUDITED FINANCIAL RESULTS BY A SUBSIDIARY – CHINA RESOURCES JINHUA CO., LTD.

On 12th April, 2006, the board of directors of 華潤錦華股份有限公司 (China Resources Jinhua Co., Ltd.) (“CR Jinhua”), a company incorporated in the People’s Republic of China (“PRC”) and the shares of which are listed on the Shenzhen Stock Exchange of the PRC and an approximate 51.0% subsidiary of China Resources Enterprise, Limited (the “Company”), has reviewed and approved the unaudited financial results of CR Jinhua for the three months ended 31st March, 2006 which will be published in the newspapers in the PRC on 14th April, 2006. The unaudited financial statements of CR Jinhua have been prepared in conformity with “Accounting Standards for Enterprises” and “Accounting Systems for Enterprises” of the PRC. The summary of the unaudited consolidated profit and loss account of CR Jinhua is provided below.

This is not the announcement of the unaudited financial results of the Company for the three months ended 31st March,

2006. This announcement is made by the Company pursuant to the requirements of the Listing Rules to provide shareholders of the Company with certain financial information of a listed subsidiary which announces such information in the PRC.

On 12th April, 2006, the board of directors of CR Jinhua, a company incorporated in the PRC and the shares of which are listed on the Shenzhen Stock Exchange of the PRC and an approximate 51.0% subsidiary of the Company, has reviewed and approved the unaudited financial results of CR Jinhua for the three months ended 31st March, 2006 which will be published in the newspapers in the PRC on 14th April, 2006.

China Resources Jinhua Co., Ltd.

Summary of the unaudited consolidated profit and loss account for the three months ended 31st March, 2005 and 31st March, 2006:

TurnoverProfit before income taxIncome taxProfit after income taxMinority interestsProfit attributable to shareholders	From 1st January, 2006 to31st March, 2006RMB’000HK$’000(equivalent)195,724189,28814,19813,731(1,262)(1,221)12,93612,510(4,373)(4,229)8,5638,281	From 1st January, 2005 to31st March, 2005RMB’000HK$’000(equivalent)180,498174,5637,0386,807(282)(273)6,7566,534(3,740)(3,617)3,0162,917

Note: The above unaudited financial results of CR Jinhua have been prepared in conformity with “Accounting Standards for Enterprises” and “Accounting Systems for Enterprises” of the PRC.

Amounts denominated in Renminbi (“RMB”) have been translated, for the purpose of illustration only, into Hong Kong dollars using an exchange rate of approximately HK$1.00 = RMB1.034.

General

Shareholders should note that the above unaudited financial results pertain only to CR Jinhua, in which the Company has an indirect beneficial interest of approximately 51.0%. The unaudited results of CR Jinhua for the three months ended 31st March, 2006 will be consolidated in the group accounts of the Company after adjustments in accordance with accounting principles generally accepted in Hong Kong.

By order of the Board China Resources Enterprise, Limited Lee Yip Wah, Peter Company Secretary

Hong Kong, 13th April, 2006

As at that date of this announcement, the executive directors of the Company are Mr. Song Lin (Chairman), Mr. Chen Shulin (Managing Director), Mr. Keung Chi Wang, Ralph (Deputy Managing Director), Mr. Wang Qun (Deputy Managing Director), Mr. Lau Pak Shing (Deputy Managing Director) and Mr. Kwong Man Him (Deputy Managing Director). The non-executive directors are Mr. Qiao Shibo, Mr. Yan Biao, Mr. Jiang Wei, Mr. Xie Shengxi and Mr. Wang Shuaiting. The independent non-executive directors are Dr. Chan Po Fun, Peter, Mr. Houang Tai Ninh, Dr. Li Ka Cheung, Eric and Mr. Cheng Mo Chi.

“Please also refer to the published version of this announcement in The Standard.”