Symphony Holdings Limited — Earnings Release 1999

May 2, 2000

Listed Company Information

SYMPHONY HOLD<1223> - Results Announcement Symphony Holdings Limited announced on 2/5/2000: (stock code: 1223) Year end date: 31/12/1999 Currency: HKD (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 : 487,032 487,465 - Discontinued : - - Operating Profit/(Loss) - Continuing : 49,834 43,282 - Discontinued : - - Total Operating Profit/(Loss) : 49,834 43,282 Share of Profit/(Loss) of Associated Companies : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 48,309 42,756 % Change over Last Period : +12.99% EPS/(LPS)-Basic : 1.16 cents 1.04 cents -Diluted : 1.16 cents 1.03 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 48,309 42,756 Final Dividend per Share : Nil 1 cent (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 Remark: Earnings per share The calculation of the basic and diluted earnings per share for the year are based on the following data: 1999 1998 HK$ HK$ Earnings: Net profit attributable to shareholders, used in the basic and diluted earnings per share calculation 48,309,000 42,756,000 -------------------------- 1999 1998 Number Number Shares: Weighted average number of ordinary shares in issue during the year used in basic earnings per share calculation 4,148,445,930 4,129,030,069 Weighted average number of ordinary shares assumed issued at no consideration on deemed exercise of all share options outstanding during the year 10,761,854 38,825,765 -------------- ---------------- Weighted average number of ordinary shares used in diluted earnings per share calculation 4,159,207,784 4,167,855,834 ============= ===============