09:07     LONGLIFE GROUP<08037> - Quarterly Results Announcement (2)          

                                                                              
    The unaudited condensed results have been prepared in accordance with     
    accounting principles generally accepted in Hong Kong and comply with     
    Hong Kong Financial Reporting Standards issued by the Hong Kong           
    Institute of Certified Public Accountants. The unaudited condensed        
    result  has been prepared  under the historical cost convention.          
    The accounting policies and  methods  of computation adopted              
    are consistent with those followed in the preparation of the Group's      
    audited financial statements set out in the annual report for the         
    year ended 30 September 2004.                                             
                                                                              
    2. Dividend                                                               
                                                                              
    The Board did not recommend the payment of an interim dividend            
    for the period from 1 October 2004 to 31 December 2004 (2003: nil)        
    and proposed that the profit to be retained.                              
                                                                              
    3. Earnings per share                                                     
                                                                              
    Basic earnings per share                                                  
                                                                              
    The calculation of basic earnings per share for the three months          
    ended 31 December 2004 is based on the unaudited                          
    consolidated net profit from ordinary activities attributable to          
    shareholders for the periods of approximately HK$9,822,000                
    and on 500,000,000 ordinary shares that have been in issue throughout     
    the period.                                                               
                                                                              
    For information only, the calculation of basic earnings per share for     
    the three months ended 31 December 2003 is based                          
    on the unaudited combined net profit from ordinary activities             
    attributable to shareholders for the period of approximately              
    HK$7,983,000 and on 350,500,000 ordinary shares                           
    that have been in issue throughout the period on the                      
    assumption that the group reorganisation and the capitalisation issue     
    had been completed on 1 October 2003.                                     
                                                                              
    Diluted earnings per share                                                
    The calculation of diluted earnings per share for the                     
    three months ended 31 December 2004 is based on the results               
    of HK$9,822,000 and on adjusted number of share of approximately          
    500,035,000 ordinary shares that have been in issue throughout the        
    period on the assumption that the 50,000,000 share options had been       
    exercised on 1 October 2004.                                              
                                                                              
    For information only, the calculation of diluted earnings per share       
    for the three months ended 31 December 2003 is based on the adjusted      
    results of HK$8,242,000, after adjusted the interest on exchangeable      
    bonds ("Exchangeable Bonds") with CITIC Investment Limited,the principal  
    terms of which are set out in the Prospectus, of HK$259,000 and on        
    adjusted number of share of 375,000,000 ordinary shares that have been    
    in issue throughout the period on the assumption that the group           
    reorganisation, capitalisation issue of 350,500,000 shares of the Company 
    had been effective on 1 October 2003 taking into account the weighted     
    average number of 24,500,000 to be issued upon conversion of Exchangeable 
    Bonds in accordance with the terms of the deed poll constituting the      
    Exchangeable Bonds dated 18 September 2003.