FIH Mobile Limited — Earnings Release 2000

Aug 31, 2000

Listed Company Information

PETROCHINA<0857> - Results Announcement PetroChina Company Limited announced on 30/8/2000: (stock code: 857) Year end date: 31/12/2000 Currency: RMB Historical Pro forma Historical Combined (unaudited) (unaudited) (unaudited) Last Last Current Corresponding Corresponding Period Period Period from 1/1/00 from 1/1/99 from 1/1/99 to 30/6/00 to 30/6/99 to 30/6/99 ('Million) ('Million) ('Million) Turnover - Continuing : 110,896 74,557 74,744 - Discontinued : N/A N/A N/A Operating Profit/(Loss) - Continuing : 37,331 19,845 23,042 - Discontinued : N/A N/A N/A Total Operating Profit/(Loss) : 37,331 19,845 23,042 Share of Profit/(Loss) of Associated Companies : 172 139 139 Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A N/A Profit/(Loss) after Tax & MI : 23,069 11,159 15,481 % Change over Last Period : N/A EPS/(LPS)-Basic : RMB0.14 RMB0.07 RMB0.10 -Diluted : N/A N/A N/A Extraordinary (ETD) Gain/(Loss): N/A N/A N/A Profit/(Loss) after ETD Items : 23,069 11,159 15,481 Interim Dividend per H Share : RMB0.059042 N/A N/A (HK$0.0556) (Specify if with other options): N/A N/A N/A B/C Dates for Interim Dividend : 15/09/2000 to 20/09/2000 bdi. Payable Date : On or about 5/10/2000 B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: (1) Listing Date: 7 April 2000 The results of operations are presented on the carved-out combined basis for the period from January 1, 1999 to June 30, 1999, and on the consolidated basis for the period from January 1, 2000 to June 30, 2000. The pro forma combined results of operations for the six months ended June 30, 1999 are prepared based on the historical combined results of operations of the Company and its subsidiaries after giving effects to the pro forma adjustments. The pro forma combined results of operations present adjustments as if the formation and the Restructuring of the Company had occurred at the beginning of the period. The unaudited pro forma financial information does not purport to represent what the results of operations would actually have been or would be if the events described above had in fact occurred on the dates assumed or to project the results of operations for any future date or period. A description of the pro forma adjustments is as follows:- a) To exclude the effects of five chemical production facilities retained by CNPC upon the formation of the Company. b) To adjust exploration expenses in accordance with the Comprehensive Products and Services Agreement between CNPC and the Company. c) To adjust selling, general and administrative expenses as if the new operating lease agreements on land and buildings with CNPC had been in effect throughout the six months ended June 30, 1999. d) To adjust for additional depreciation and depletion resulting from the revaluation of property, plant and equipment based on revaluation made as of June 30, 1999, performed by China Enterprise Appraisal, an independent valuer in the PRC as if such revaluation had been recognised on January 1, 1999. e) To reserve the interest expense related to the RMB30.5 billion loans assumed by CNPC on June 30, 1999 as if the debt assumption took place on January 1, 1999. f) To adjust for the income tax effects using the statutory rate in effect of 33%. (2) The basic earnings per share for the six months ended June 30, 2000 have been computed by dividing the net profit by the weighted average number of 167.39 billion shares issued and outstanding for the accounting period. For more details, please refer to the press announcement today.