16:55     SHAW BROTHERS<00080> - Results Announcement                         

    Shaw Brothers (Hong Kong) Limited announced on  1/12/2004:                
    (stock code: 00080 )                                                      
    Year end date: 31/3/2005                                                  
    Currency: HKD                                                             
    Auditors' Report: N/A                                                     
    Interim report reviewed by: Audit Committee                               
                                                                              
                                                            (Unaudited )      
                                         (Unaudited )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 1/4/2004      from 1/4/2003     
                                         to 30/9/2004       to 30/9/2003      
                                   Note  ($         )       ($         )      
    Turnover                           : 46,096,000         25,127,000        
    Profit/(Loss) from Operations      : 1,783,000          (3,203,000)       
    Finance cost                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Associates                       : 66,675,000         44,165,000        
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 57,339,000         35,744,000        
    % Change over Last Period          : +60.42    %                          
    EPS/(LPS)-Basic (in dollars)       : 0.14               0.09              
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 57,339,000         35,744,000        
    Interim Dividend                   : 5.0 cents          5.0 cents         
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Interim Dividend                 : 8/1/2005           to 26/1/2005 bdi. 
    Payable Date                       : 26/1/2005                            
    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.      Turnover and profit from operations are wholly derived from       
    continuing operations.                                                    
                                                                              
    2.      EPS - Basic                                                       
                                                                              
    The calculation of earnings per share - basic is based on the Group's     
    profit attributable to Shareholders for the period of HK$57,339,000 (2003:
    HK$35,744,000) and on 398,390,400 ordinary shares in issue throughout the 
    two six-month periods ended 30th September 2004 and 2003.