Pacific Online Limited — Earnings Release 1999

May 29, 2000

Listed Company Information

DEZHONG ENT INV<0310> - Results Announcement Dezhong Enterprises Investments Limited announced on 29/5/2000: (stock code: 310) 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 Turnover - Continuing : 2,439,005 2,270,699 - Discontinued : - - Operating Profit/(Loss) - Continuing : (5,693,610) (15,004,770) - Discontinued : - - Total Operating Profit/(Loss) : (5,693,610) (15,004,770) Share of Profit/(Loss) of Associated Companies : (840,124) 3,543,668 Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : (7,626,290) (13,262,075) % Change over Last Period : N/A EPS/(LPS)-Basic : (0.31) (0.53) -Diluted : Nil Nil Extraordinary (ETD) Gain/(Loss) : Nil Nil Profit/(Loss) after ETD Items : (7,626,290) (13,262,075) Final Dividend per Share : Nil Nil (Specify if with other options) : Nil Nil B/C Dates for Final Dividend : Nil Payable Date : N/A B/C Dates for (-) General Meeting : Nil Other Distribution for Current Period : Nil B/C Dates for Other Distribution : Nil Remarks: (1) Certain comparative figures have been reclassified or extended to conform with the current year's presentation as a result of the requirements of the Hong Kong Statements of Standard Accounting Practice No. 1 and No. 2 which have been implemented during the year. (2) The calculation of loss per share is based on loss attributable to shareholders of HK$7,626,290 (1998: HK$13,262,075) and the 25,000,000 (1998: 25,000,000) shares in issue during the year.