Suncorp Technologies Limited — Earnings Release 1998

May 27, 1999

Listed Company Information

DVB (HOLDINGS)<0500> - Results Announcement DVB (Holdings) Limited announced on 26/5/1999: (stock code: 500) Year end date: 31/12/1998 Currency: HKD Last Current Corresponding Period Period from 1/1/1998 from 1/1/1997 to 31/12/1998 to 31/12/1997 ('000) ('000) Turnover/Interest Income : 879,022 4,126,162 Profit-Continuing Operations - Operating Profit/(Loss) : (8,545) 90,614 - Exceptional Items : 11,553 (31,600) - Discontinued Operations : - - Total Operating Profit/(Loss) : 3,008 59,014 Share of Profit/(Loss) of Associated Companies : (62,550) (30,026) Profit/(Loss) after Tax & MI : (59,579) (57,632) % Change over Last Period : N/A EPS/(LPS)-Basic : (39.49 cents) (37.99 cents) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (59,579) (57,632) Final Dividend per Share : NIL NIL (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: (1) The exceptional item represents net gain of HK$11,553,000 arising from disposal of a subsidiary held as short term investment and certain interests in an associated company and provision for accounts receivable. (2) No diluted earnings per share is shown for the year ended 31 December 1997 as dilution effects arising from the exercise of convertible preference shares would be anti-dilutive. No diluted earnings per share is shown for the year ended 31 December, 1998 as the Company does not have any dilutive potential ordinary shares. For more details, please refer to the press announcement today.