08:51     IDT INT'L<00167> - Results Announcement                             

    IDT International Limited announced on 03/02/2005:                        
    (stock code: 00167 )                                                      
    Year end date: 31/03/2005                                                 
    Currency: HKD                                                             
    Auditors' Report: N/A                                                     
    Interim/Quarterly report reviewed by: Audit Committee                     
                                                                              
                                                            (Unaudited )      
                                         (Unaudited )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/04/2004    from 01/04/2003   
                                         to 31/12/2004      to 31/12/2003     
                                   Note  ('Million  )       ('Million  )      
    Turnover                           : 2,402.4            2,304.9           
    Profit/(Loss) from Operations      : 298.7              311.7             
    Finance cost                       : (8.2)              (3.0)             
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                1.7               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 229.3              228.1             
    % Change over Last Period          : +1        %                          
    EPS/(LPS)-Basic (in dollars)       : 0.11               0.11              
             -Diluted (in dollars)     : 0.11               0.11              
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 229.3              228.1             
    3rd Quarter Dividend               : NIL                NIL               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      3rd Quarter Dividend             : N/A                                  
    Payable Date                       : N/A                                  
    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.      Basis of preparation                                              
    The Directors are responsible for the preparation of the Group's unaudited
    quarterly financials. These unaudited quarterly financials have been      
    prepared in accordance with Statement of Standard Accounting Practice No. 
    25 "Interim Financial Reporting", issued by the Hong Kong Institute of    
    Certified Public Accountants.  These condensed accounts should be read in 
    conjunction with the audited accounts for the year ended March 31, 2004.  
                                                                              
    The principal accounting policies and methods of calculations used in the 
    preparation of these condensed accounts are consistent with those used in 
    the annual accounts for the year ended March 31, 2004.                    
                                                                              
    2.      Earnings per share                                                
    The calculation of the basic and diluted earnings per share is based on   
    the following data:                                                       
                                                                              
                                            Nine months ended                 
                                            December 31,                      
                                            2004            2003              
                                            HK$'m           HK$'m             
    Net profit for the period attributable                                    
      to shareholders and earnings for the                                    
      purposes of basic earnings per share  229.3           228.1             
                                                                              
    Effect of dilutive potential ordinary                                     
      shares:                                                                 
        Adjustment to the share of profits                                    
          of a subsidiary based on dilution                                   
          of its earnings per share         -               (0.2)             
                                            ----------      ---------         
    Earnings for the purpose of diluted                                       
      earnings per share                    229.3           227.9             
                                            ==========      =========         
                                                                              
    Number of ordinary shares:                                                
                                                                              
    Weighted average number of ordinary                                       
      shares for the purpose of basic                                         
      earnings per share                    2,084,316,475   2,075,868,820     
    Effect of dilutive potential ordinary                                     
      shares: Share options                 3,300,752       5,340,573         
                                            -------------   --------------    
    Weighted average number of ordinary                                       
      shares for the purpose of diluted                                       
      earnings per share                    2,087,617,227   2,081,209,393     
                                            ==============  ===============   
                                                                              
    For more details, please refer to the press announcement today.