09:08     IIN INT'L<08128> - Quarterly Results Announcement (2)               

                                                                              
    2.  Loss from operating activities                                        
                                                                              
    The Group's loss from operating activities is arrived at after            
    charging:                                                                 
                                                                              
                                                  For the three months        
                                                   ended 31 December          
                                                      2004        2003        
                                                   HK$'000     HK$'000        
                                               (unaudited)  (unaudited)       
                                                                              
                                                                              
    Staff costs (including directors' emoluments)    2,483       2,983        
    Depreciation                                       924         889        
    Amortisation of deferred development cost          172         344        
    Amortisation of goodwill                         1,352         859        
    Minimum lease payments under                                              
      operating leases in respect                                             
      of land and buildings                            433         257        
    Provision for bad and doubtful debts               495           -        
                                                                              
                                                                              
    3.  Loss per share                                                        
                                                                              
    The calculation of basic loss per share is based on the unaudited         
    net loss from ordinary activities attributable to shareholders            
    for the period of HK$4,827,000 (2003: HK$1,660,000) and the               
    weighted average of 1,543,160,470 (2003: 1,436,517,350) ordinary          
    shares in issue during the period.                                        
                                                                              
                                                                              
    Diluted loss per share amounts for the periods ended 31 December          
    2004 and 2003 have not been disclosed as the potential ordinary           
    shares outstanding had an anti-dilutive effect on the basic               
    loss per share for these periods.                                         
                                                                              
    4.  Dividend                                                              
                                                                              
    The Company resolved not to declare a quarter dividend in respect         
    of the period (2003:Nil).