Regent Pacific Group Limited — Earnings Release 2003

Jul 16, 2003

Listed Company Information

REGENT PACIFIC<00575> - Results Announcement Regent Pacific Group Limited announced on 16/07/2003: (stock code: 00575 ) Year end date: 31/03/2003 Currency: USD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 1/4/2002 from 1/4/2001 to 31/3/2003 to 31/3/2002 Note ('000 ) ('000 ) Turnover : 564 4,959 Profit/(Loss) from Operations : (1,905) (13,552) Finance cost : N/A (145) Share of Profit/(Loss) of Associates : (4,976) 16,143 Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : (7,260) 3,553 % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.006) 0.003 -Diluted (in dollars) : N/A 0.003 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (7,260) 3,553 Final Dividend : Nil Nil per Share (Specify if with other : N/A N/A options) B/C Dates for Final 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 Remarks: 1. Reclassification of comparative figures Certain comparative figures have been reclassified to conform with current year's presentation requirements. 2. (Loss)/Earnings per share a. The calculation of basic (loss)/earnings per share is based on the net loss attributable to shareholders for the year of US$7,260,000 (2002: profit of US$3,553,000) and on the weighted average of 1,186,902,435 (2002: 1,186,902,435) shares of the Company in issue during the year. b. No diluted loss per share is presented for the year ended 31 March 2003 as the outstanding share options and warrants were anti-dilutive. The diluted earnings per share for the year ended 31 March 2002 was based on the net profit attributable to shareholders for the year of US$3,553,000 and on the weighted average of 1,189,551,057 shares issued and issuable, calculated on the assumption that the Company's outstanding share options had been exercised.