Smart Digital Technology Group Limited — Earnings Release 1999

May 5, 2000

Listed Company Information

MANSION HOLDING<0547> - Results Announcement Mansion Holdings Limited announced on 5/5/2000: (stock codes: Ord: 547 & War: 654) 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 : 116,497 200,512 - Discontinued : - - Operating Profit/(Loss) - Continuing : (60,845) 339,206 - Discontinued : - - Total Operating Profit/(Loss) : (60,845) 339,206 Share of Profit/(Loss) of Associated Companies : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : (60,838) 339,137 % Change over Last Period : N/A EPS/(LPS)-Basic : ($0.02) $0.25 -Diluted : ($0.02) $0.23 Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : (60,838) 339,137 Final Dividend per Share : NIL NIL (Specify if with other options) : - - B/C Dates for Final Dividend : - Payable Date : - B/C Dates for (-) General Meeting : - Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: (1) Turnover 1999 1998 HK$'000 HK$'000 Contracting income 116,284 198,206 Trading income 213 2,306 ----------- ----------- 116,497 200,512 ======== ======== (2) (Loss)/ Earnings per share The calculation of basic (loss)/ earnings per ordinary share is based on the Group's loss attributable to the shareholders of HK$60,838,000 (1998: profit of HK$339,137,000) and the weighted average number of 2,714,166,455 (1998: 1,364,988,573) ordinary shares in issue during the year. The calculation of diluted (loss) / earnings per share is based on the adjusted consolidated loss attributable to shareholders of approximately HK$60,832,000 taking into account of interest saving on conversion of convertible notes (1998: profit of HK$340,119,000) on the assumption that (i) the weighted average number of 2,714,166,455 (1998: 1,364,988,573) ordinary shares in issue during the year; (ii) the weighted average number of nil (1998: 21,370) ordinary shares deemed to be issued at no consideration if all outstanding warrants and options had been exercised, and (iii) the weighted average number of 1,008,930 (1998: 136,292,169) ordinary shares deemed to be issued by the conversion of the convertible notes of HK$100,893 (1998: HK$30,863,000).