13:16     CLEAR MEDIA<00100> - Results Announcement                           

    Clear Media Limited announced on 10/03/2005:                              
    (stock code: 00100 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: HKD                                                             
    Auditors' Report: Unqualified                                             
                                                                              
                                                            (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                           : 538,434            488,175           
    Profit/(Loss) from Operations      : 129,308            111,865           
    Finance cost                       : (10,177)           (8,129)           
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 95,128             81,784            
    % Change over Last Period          : +16.3     %                          
    EPS/(LPS)-Basic (in dollars)       : 0.1896             0.1630            
             -Diluted (in dollars)     : 0.1856             0.1626            
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 95,128             81,784            
    Final Dividend                     : Nil                Nil               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : N/A                                  
    Payable Date                       : N/A                                  
    B/C Dates for Annual                                                      
      General Meeting                  : 25/05/2005         to 27/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    Earnings per Share                                                        
                                                                              
    The calculation of basic earnings per share is based on the net profit    
    from ordinary activities attributable to shareholders for the year of HK$ 
    95,128,000 (2003: HK$81,784,000) and the weighted average of 501,608,500  
    (2003: 501,608,500) ordinary shares.                                      
                                                                              
    The calculation of diluted earnings per share is based on the net profit  
    from ordinary activities attributable to shareholders for the period of   
    HK$95,128,000 (2003: HK$81,784,000). The weighted average number of       
    ordinary shares used in the calculation is the 501,608,500 (2003: 501,608 
    ,500) ordinary shares, as used in the basic earnings per share            
    calculation; and the weighted average of 10,855,831 (2003: 1,341,933)     
    ordinary shares assumed to have been issued at no consideration on the    
    deemed exercise of all share options with dilutive effect during the      
    period.                                                                   
                                                                              
    For the year ended 31 December 2004, the effect of the Group arising from 
    the exercise of the convertible bonds was anti-dilutive.