09:05     MP LOGISTICS<08239> - Quarterly Results Announcement (1)            

                                                                              
    MP Logistics International Holdings Limited announced on 4/2/2005:        
    (stock code: 08239 )                                                      
                                                                              
    Year end date                         :31/03/2005                         
    Currency                              :HKD                                
    Auditors' report                      :N/A                                
    3rd Quarterly Report Reviewed by      :Audit Committee                    
                                                                              
    Important Note :                                                          
                                                                              
    This result announcement form only contains extracted information from    
    and should be read in conjunction with the detailed results announcement  
    of the issuer, which can be viewed on the GEM website at                  
    http://www.hkgem.com                                                      
                                                                              
                                               (Unaudited)       (Unaudited)  
                                                  Current Last Corresponding  
                                                   Period            Period   
                                           from 01/04/2004   from 01/04/2003  
                                             to 31/12/2004     to 31/12/2003  
                                                     $'000             $'000  
                                                                              
    Turnover                              :         59,594            35,581  
    Profit/(Loss) from Operations         :        (3,361)               684  
    Finance cost                          :          (310)             (216)  
    Share of Profit/(Loss) of Associates  :              0                 0  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :              0                 0  
    Profit/(Loss) after Taxation & MI     :        (3,671)               372  
    % Change Over the Last Period         :            N/A                    
    EPS / (LPS)                                                               
              Basic (in dollar)           :   (HKD 0.0122)        HKD 0.0012  
              Diluted (in dollar)         :            N/A               N/A  
    Extraordinary (ETD) Gain/(Loss)       :             0                 0   
    Profit (Loss) after ETD Items         :        (3,671)              372   
    3rd Quarter Dividends per Share       :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for 3rd Quarter Dividends   :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for (-) General Meeting     :            N/A                    
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                           (bdi: both days inclusive)         
                                                                              
    For and on behalf of                                                      
    MP Logistics International Holdings Limited                               
                                                                              
    Signature :                                                               
    Name      : Yeung Leung Kong                                              
    Title     : Director                                                      
                                                                              
    Responsibility statement                                                  
                                                                              
    The directors of the Company (the "Directors") as at the date hereof      
    hereby collectively and individually accept full responsibility for the   
    accuracy of the information contained in this results announcement form   
    (the "Information") and confirm, having made all reasonable inquiries,    
    that to the best of their knowledge and belief the Information are        
    accurate and complete in all material respects and not misleading and     
    that there are no other matters the omission of which would make the      
    Information herein inaccurate or misleading.The Directors acknowledge     
    that the Stock Exchange has no responsibility whatsoever with regard to   
    the Information and undertake to indemnify the Exchange against all       
    liability incurred and all losses suffered by the Exchange in connection  
    with or relating to the Information.                                      
                                                                              
    Remarks:                                                                  
                                                                              
    1. BASIS OF PREPARATION                                                   
                                                                              
    The unaudited consolidated results have been prepared under               
    the historical cost convention and in accordance with                     
    accounting principles generally accepted in Hong Kong and                 
    comply with Statements of Standard Accounting Practice                    
    issued by the Hong Kong Institute of Certified Public                     
    Accountants ("HKICPA"). The accounting policies adopted                   
    are consistent with those set out in the annual financial                 
    statements for the year ended 31 March 2004.                              
                                                                              
    All significant transactions and balances within the Group                
    have been eliminated on consolidation.                                    
                                                                              
    2. (LOSSES)/EARNINGS PER SHARE                                            
                                                                              
    The calculations of basic (losses)/earnings per share for                 
    the three months and nine months ended 31 December 2004 are               
    based on the unaudited consolidated net loss from ordinary                
    activities attributable to shareholders for the three months              
    and nine months ended 31 December 2004 of approximately                   
    HK$3,791,000 and HK$3,671,000 respectively (unaudited                     
    consolidated net profit from ordinary activities attributable             
    to shareholders for the three months and nine months ended                
    31 December 2003: approximately HK$6,000 and HK$372,000