08:54     SOFTBANK INV<00648> - Results Announcement (1)                      

    Softbank Investment International (Strategic) Limited announced on 17/03/ 
    2005:                                                                     
    (stock code: 00648 )                                                      
    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                        2  : 106,403            171,597           
    Profit/(Loss) from Operations      : 24,254             (109,415)         
    Finance cost                       : (3,751)            (8,612)           
    Share of Profit/(Loss) of                                                 
      Associates                       : (1,049)            (229)             
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : (7,091)            (277)             
    Profit/(Loss) after Tax & MI       : 10,122             (118,424)         
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)    3  : 0.0025             (0.0426)          
             -Diluted (in dollars)  3  : 0.0024             N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 10,122             (118,424)         
    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                  : 09/05/2005         to 11/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1.      ACCOUNTING POLICIES                                               
                                                                              
    The accounts have been prepared in accordance with accounting principles  
    generally accepted in Hong Kong and comply with accounting standards      
    issued by the Hong Kong Institute of Certified Public Accountants ("      
    HKICPA") (formerly known as Hong Kong Society of Accountants). They have  
    been prepared under the historical cost convention except that certain    
    investment properties and investments in securities are stated at fair    
    value. The accounting policies adopted are consistent with those described
    in the Company's 2003 Annual Report.                                      
                                                                              
    The HKICPA has issued a number of new and revised Hong Kong Financial     
    Reporting Standards and Hong Kong Accounting Standards ("new HKFRSs")     
    which are effective for accounting periods beginning on or after 1 January
    2005.                                                                     
                                                                              
    The Group has not early adopted these new HKFRSs in the accounts for the  
    year ended 31 December 2004. The Group has already commenced an assessment
    of the impact of these new HKFRSs but is not yet in a position to state   
    whether these new HKFRSs would have a significant impact on its results of
    operations and financial position.                                        
                                                                              
    2.      TURNOVER                                                          
                                                                              
    Profit And Loss Account                                                   
    For the year ended 31 December 2004                                       
                                                            Consulting,       
                                                            marketing &       
                            Investment      Financial       technology        
                            holding         services        services          
                            HK$'000         HK$'000         HK$'000           
    Turnover                                                                  
    Segment total           10,334          14,646          16,970            
    Inter-segment           (9,233)         -               (310)             
                            ---------       ---------       --------          
    Total                   1,101           14,646          16,660            
                                                                              
    Dividend income         7,081