16:58     SNP LEEFUNG<00623> - Results Announcement                           

    SNP Leefung Holdings Limited announced on 17/01/2005:                     
    (stock code: 00623 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: HKD                                                             
    Auditors' Report: Unqualified                                             
                                                                              
                                                            (Audited   )      
                                         (Audited   )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/01/2004    from 01/01/2003   
                                         to 31/12/2004      to 31/12/2003     
                                   Note  ('000      )       ('000      )      
    Turnover                           : 974,147            734,586           
    Profit/(Loss) from Operations      : 57,118             33,013            
    Finance cost                       : (4,111)            (3,459)           
    Share of Profit/(Loss) of                                                 
      Associates                       : 5,240              4,849             
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 50,482             22,497            
    % Change over Last Period          : +124.39   %                          
    EPS/(LPS)-Basic (in dollars)    1  : 0.1254             0.0559            
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 50,482             22,497            
    Final Dividend                     : 3 cents            3 cents           
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 24/02/2005         to 28/02/2005 bdi.
    Payable Date                       : 07/04/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 24/02/2005         to 28/02/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1.      Earnings per share                                                
                                                                              
    The calculation of the basic earnings per share is based on the net profit
    attributable to shareholders of HK$50,482,000 (2003: HK$22,497,000) and   
    the weighted average of 402,726,918 shares (2003: 402,726,918 shares) in  
    issue during the year.                                                    
                                                                              
    No diluted earnings per share has been presented because the exercise     
    prices of the Company's options were higher than the average market prices
    of the  shares for both financial years.