16:47     E2-CAPITAL<00378> - Results Announcement                            

    E2-Capital (Holdings) Limited announced on 20/01/2005:                    
    (stock code: 00378 )                                                      
    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                           : 316,387            51,703            
    Profit/(Loss) from Operations      : 56,037             (136,472)         
    Finance cost                       : (2,893)            (2,746)           
    Share of Profit/(Loss) of                                                 
      Associates                       : 21,799             17,565            
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 67,062             (124,398)         
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)       : 0.1674             (0.3105)          
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 67,062             (124,398)         
    Final Dividend                     : 5 cents            NIL               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 14/03/2005         to 16/03/2005 bdi.
    Payable Date                       : 22/03/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 14/03/2005         to 16/03/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    Earnings / (loss) per share                                               
                                                                              
                                                                              
    The calculation of basic earnings per share is based on the Group's profit
    attributable to shareholders of HK$67,062,000 (2003: loss of              
    HK$124,398,000).                                                          
                                                                              
    The basic earnings / (loss) per share is based on the weighted average of 
    400,633,217 (2003: 400,633,217 as restated) ordinary shares               
    in issue during the period.