08:55     BEIJING N STAR<00588> - Results Announcement                        

    Beijing North Star Company Limited announced on 26/01/2005:               
    (stock code: 00588 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: RMB                                                             
    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  ($         )       ($         )      
    Turnover                           : 2,395,825,000      2,326,810,000     
    Profit/(Loss) from Operations      : 400,432,000        441,317,000       
    Finance cost                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : 1,403,000          1,045,000         
    Profit/(Loss) after Tax & MI       : 261,908,000        287,271,000       
    % Change over Last Period          : -8.8      %                          
    EPS/(LPS)-Basic (in dollars)       : 0.14               0.15              
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 261,908,000        287,271,000       
    Final Dividend                     : RMB 0.15           RMB 0.035         
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 28/02/2005         to 30/03/2005 bdi.
    Payable Date                       : 13/04/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 28/02/2005         to 30/03/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1)      Turnover                                                          
                                                                              
    Turnover represents sales or provision of services, net of sales tax, by  
    the Group to third parties in the People's Republic of China.             
                                                                              
    2)      Earnings per share                                                
                                                                              
    The Company has no dilutive potential ordinary shares in 2004 and 2003.   
    The calculation of basic earnings per share is based on the Group's profit
    attributable to shareholders of RMB261,908,000 (2003:RMB287,271,000) and  
    1,867,020,000 shares (2003:1,867,020,000 shares) in issue during the year.
                                                                              
    For more details, please refer to the press announcement today.