ICO Group Limited — Earnings Release 1999

May 9, 2000

Listed Company Information

JACKIN INT'L<0630> - Results Announcement Jackin International Holdings Limited announced on 9/5/2000: (stock code: 630) Year end date: 31/12/1999 Currency: HK$ (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 : 450,444 379,656 - Discontinued : - - Operating Profit - Continuing : 56,635 49,351 - Discontinued : - - Total Operating Profit/(Loss) : 56,635 49,351 Share of (Loss) of Associated Companies : (27) - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit after Tax & MI : 54,388 48,302 % Change over Last Period : +12.6% EPS/(LPS)-Basic : 15.36 cents 13.85 cents -Diluted : 14.21 cents 13.29 cents Extraordinary (ETD) Gain/(Loss) : - - Profit after ETD Items : 54,388 48,302 Final Dividend per Share : 3.5 cents 2.2 cents (Specify if with other options) : - - B/C Dates for Final Dividend : 7/6/2000 to 13/6/2000 bdi. Payable Date : 19/6/2000 B/C Dates for (-) General Meeting : - Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remarks: (1) Change of turnover in 1998 was resulted from re-classification of management fee received and receivable from other revenue to turnover. (2) Earnings per share - Basic The calculation of earnings per share is based on the profit attributable to shareholders of HK$54,388,000 (1998: HK$48,302,000) and the weighted average of 354,090,754 (1998: 348,828,625) shares in issue during the year. (3) Earnings per share - Diluted The diluted earnings per share for 1999 is based on the profit for the year of HK$55,329,000 (1998: 48,722,000) taking into account of the saving of interest on conversion of the bond, net of tax, of HK$940,000 (1998: HK$420,000) and on the weighted average of 389,443,854 (1998: 366,625,384) shares in issue and issuable on the assumption that the bond is converted into shares of the Company on the date of issue of the bond on 27 July 1998 and the exercise of the Company's outstanding share options on the dates on which they are granted.