XD Inc. — Earnings Release 2002

Feb 27, 2003

Listed Company Information

CHONGQING IRON<01053> - Results Announcement Chongqing Iron & Steel Company Limited announced on 27/02/2003: (stock code: 01053 ) Year end date: 31/12/2002 Currency: RMB Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 1/1/2002 from 1/1/2001 to 31/12/2002 to 31/12/2001 Note ('000 ) ('000 ) Turnover : 4,182,430 3,760,029 Profit/(Loss) from Operations : 349,749 270,809 Finance cost : (63,991) (58,697) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 286,062 207,271 % Change over Last Period : +38 % EPS/(LPS)-Basic (in dollars) : 0.269 0.195 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 286,062 207,271 Final Dividend : RMB 8 cents RMB 3 cents per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 14/03/2003 to 16/04/2003bdi. Payable Date : 01/05/2003 B/C Dates for Annual General Meeting : 14/03/2003 to 16/04/2003bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A