13:28     HKEX<00388> - Results Announcement (1)                              

    Hong Kong Exchanges and Clearing Limited announced on 28/02/2005:         
    (stock code: 00388 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: HKD                                                             
    Auditors' Report: Unqualified                                             
                                                            (As restated)     
                                                            (Audited   )      
                                         (Audited   )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/01/2004    from 01/01/2003   
                                         to 31/12/2004      to 31/12/2003     
                                   Note  ('000      )       ('000      )      
    Turnover                           : 2,393,937          2,019,825         
    Profit/(Loss) from Operations      : 1,237,641          796,098           
    Finance cost                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Associates                       : 12,884             8,642             
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 1,056,884          692,686           
    % Change over Last Period          : +53       %                          
    EPS/(LPS)-Basic (in dollars)       : 1.00               0.66              
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 1,056,884          692,686           
    Final Dividend                     : $0.47              $0.42             
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 07/04/2005         to 12/04/2005 bdi.
    Payable Date                       : 25/04/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 07/04/2005         to 12/04/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1.      The Group's income is derived solely from business activities in  
    Hong Kong.  An analysis of the Group's income and results for the year by 
    business segments is as follows:                                          
                                                                              
                                            2004                              
            Cash       Derivatives  Clearing        Information               
            Market     Market       Business        Services        Group     
            $'000      $'000        $'000           $'000           $'000     
    Income  1,058,306  327,430      698,052         310,149         2,393,937 
    Costs   543,972    145,128      389,288         77,908          1,156,296 
            ---------  --------     ----------      ----------      ----------
                                                                              
    Segment                                                                   
     results 514,334    182,302      308,764         232,241         1,237,641
    Share of                                                                  
     profits                                                                  
     less                                                                     
     losses                                                                   
     of                                                                       
     associates (12)    -            12,896          -               12,884   
            ---------  --------     ----------      ----------      ----------
                                                                              
    Segment                                                                   
     profits                                                                  
     before                                                                   
     taxation 514,322   182,302      321,660         232,241         1,250,525
    Taxation                                                        (193,641) 
                                                                    ----------
                                                                              
    Profit                                                                    
     attributable                                                             
     to                                                                       
     shareholders                                                   1,056,884 
                                                                    ==========