First Service Holding Limited — Earnings Release 1999

May 18, 2000

Listed Company Information

MAN YUE INT'L<0894> - Results Announcement Man Yue International Holdings Limited announced on 18/5/2000: (stock code: 894) Year end date: 31/12/1999 Currency: HKD (Audited) (Audited) Last Current Corresponding Period Period from 1/1/1999 from 1/1/1998 to 31/12/1999 to 31/12/1998 ('000) ('000) Turnover - Continuing : 286,033 361,950 - Discontinued : - - Operating Profit/(Loss) - Continuing : 1,526 11,831 - Discontinued : - - Total Operating Profit/(Loss) : 1,526 11,831 Share of Profit/(Loss) of Associated Companies : - - Share of Profit/(Loss) of Jointly Controlled Entities : 863 2,239 Profit/(Loss) after Tax & MI : 1,729 12,832 % Change over Last Period : -86.5% EPS/(LPS)-Basic : 0.7 cent 5.5 cents -Diluted : N/A - Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 1,729 12,832 Final Dividend per Share : NIL NIL (Specify if with other options) : - - B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for Annual General Meeting : 15/6/2000 to 20/6/2000 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remark: Earnings per share The calculation of basic earnings per share is based on the net profit attributable to shareholders for the year of HK$1,729,000 (1998: HK$12,832,000) and the weighted average number of 238,800,000 (1998: 233,134,000) ordinary shares in issue during the year. Diluted earnings per share for the years ended 31 December 1999 and 1998 has not been shown because the exercise of the outstanding share options of the Group would not have a diluting effect on the earnings per share.