08:43     TECHPACIFIC CAP<08088> - Yearly Results Announcement                

                                                                              
    Techpacific Capital Limited announced on 18 March 2005:                   
    (stock code: 08088 )                                                      
                                                                              
    Year end date                         :31 December 2004                   
    Currency                              :USD                                
    Auditors' report                      :Unqualified                        
                                                                              
                                                                              
    Important Note :                                                          
                                                                              
    This result announcement form only contains extracted information from    
    and should be read in conjunction with the detailed results announcement  
    of the issuer, which can be viewed on the GEM website at                  
    http://www.hkgem.com                                                      
                                                                              
                                                 (Audited)         (Audited)  
                                                  Current Last Corresponding  
                                                   Period            Period   
                                           from 01/01/2004   from 01/01/2003  
                                             to 31/12/2004     to 31/12/2003  
                                                     $'000             $'000  
                                                                              
    Turnover                              :         11,273             3,148  
    Profit/(Loss) from Operations         :         44,360           (4,360)  
    Finance cost                          :              0               (1)  
    Share of Profit/(Loss) of Associates  :             14              (35)  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :              0                 0  
    Profit/(Loss) after Taxation & MI     :         33,561           (4,369)  
    % Change Over the Last Period         :            N/A                    
    EPS / (LPS)                                                               
              Basic (in dollar)           :     USD 0.0127      (USD 0.0017)  
              Diluted (in dollar)         :            N/A               N/A  
    Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A  
    Profit (Loss) after ETD Items         :        33,561            (4,369)  
    Final Dividends per Share             :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for Final Dividends         :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for (-) General Meeting     :            N/A                    
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                           (bdi: both days inclusive)         
                                                                              
    For and on behalf of                                                      
    Techpacific Capital Limited                                               
                                                                              
    Signature :                                                               
    Name      : Martin Angus                                                  
    Title     : Company Secretary                                             
                                                                              
    Responsibility statement                                                  
                                                                              
    The directors of the Company (the "Directors") as at the date hereof      
    hereby collectively and individually accept full responsibility for the   
    accuracy of the information contained in this results announcement form   
    (the "Information") and confirm, having made all reasonable inquiries,    
    that to the best of their knowledge and belief the Information are        
    accurate and complete in all material respects and not misleading and     
    that there are no other matters the omission of which would make the      
    Information herein inaccurate or misleading.The Directors acknowledge     
    that the Stock Exchange has no responsibility whatsoever with regard to   
    the Information and undertake to indemnify the Exchange against all       
    liability incurred and all losses suffered by the Exchange in connection  
    with or relating to the Information.                                      
                                                                              
    Remarks:                                                                  
                                                                              
    Basis of persentation                                                     
                                                                              
    The principal acccounting policies adopted in preparing the audited       
    consolidated results conform to International Accounting Standards.       
                                                                              
    The audited consolidated results of the Group include the results of      
    all companies now comprising the Group.  All significant intra-group      
    transactions and balances have been eliminated in preparing the           
    consolidated financial statements.                                        
                                                                              
    Earnings/(loss) per share                                                 
                                                                              
    The calculation of the basic earnings/(loss) per share for the financial  
    year ended 31 December 2004 is based on the profit attributable to        
    shareholders of US$33,560,923 (2003: Loss attributable to shareholders    
    of US$4,368,714)and the weighted average number of shares of              
    2,649,626,425 (2003: 2,502,577,245).                                      
                                                                              
    No diluted earnings per share for the year ended 31 December 2004 is      
    shown as the outstanding share options were anti-dilutive                 
                                                                              
    Comparative figures                                                       
                                                                              
    Certain comparative figures have been reclassified to conform with the    
    current year's presentation.