Global Mastermind Holdings Limited — Earnings Release 2004

Aug 11, 2004

GEM

TRASY GOLD EX<08063> - Results Announcement

TRASY GOLD EX LIMITED announced on 11/08/2004:
(stock code: 08063 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Auditors

Important Note:

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

                                                    (Unaudited )
                                 (Unaudited )       Last
                                 Current            Corresponding
                                 Period             Period
                                 from 01/01/2004    from 01/01/2003
                                 to 30/06/2004      to 30/06/2003 
                           Note  ('000      )       ('000      )

Turnover : 1,099 2,277
Profit/(Loss) from Operations : (5,949) (464)
Finance cost : 0 0
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : (5,949) (464)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.002141) (0.000167)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (5,949) (464)
2nd Quarter Dividend : N/A N/A
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
2nd Quarter Dividend : N/A
Payable Date : N/A
B/C Dates for (-)
General Meeting : N/A
Other Distribution for : N/A
Current Period

B/C Dates for Other
Distribution : N/A

For and on behalf of 
TRASY GOLD EX LIMITED

Name : Chan Kee Chee, Keith
Title : Director

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.

Remarks:

Earnings/(Loss) per share

(a) Basic earnings/(loss) per share

The calculation of basic earnings/(loss) per share for the three
months and six months ended 30th June 2004 is based on the
unaudited consolidated loss attributable to shareholders of
HK$6,848,000 and HK$5,949,000 (2003: profit of HK$2,383,000 and
loss of HK$464,000) and the weighted average number of
2,779,000,000 (2003: 2,779,000,000) ordinary shares in issue
during the respective periods.

(b) Diluted earnings/(loss) per share

Diluted loss per share for the three months and six months
ended 30th June respectively in 2004 and 2003 were not presented
as the exercise of share options granted by the Company would
have an anti-dilutive effect. Besides, as the exercise price of
the share options under the Pre-IPO Share Option Plan (the
"Pre-IPO Plan��) is higher than the average market value during
the period from 1st January to 30th June respectively in 2004
and 2003, no potential ordinary share under the Pre-IPO Plan is
deemed to be issued; hence, no diluted earnings per share for
the three months and six months ended 30th June 2004 and 2003
provided.