08:57     ASIA FINANCIAL<00662> - Results Announcement                        

    Asia Financial Holdings Limited announced on 21/03/2005:                  
    (stock code: 00662 )                                                      
    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                        a  : 1,058,791          1,017,700         
    Profit/(Loss) from Operations      : 264,798            227,192           
    Finance cost                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Associates                       : 2,715              332               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : 9,622              2,665             
    Profit/(Loss) after Tax & MI       : 240,108            203,204           
    % Change over Last Period          : +18.2     %                          
    EPS/(LPS)-Basic (in dollars)       : 0.227              0.192             
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 240,108            203,204           
    Final Dividend                     : 7.5 cents          7.2 cents         
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 20/05/2005         to 26/05/2005 bdi.
    Payable Date                       : 02/06/2005                           
    B/C Dates for (-)                                                         
      General Meeting                  : N/A                                  
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    (a) Turnover represents the aggregate of gross premiums on                
    fire, marine, general accident and life insurance; and net interest       
    income, commissions, fees, investment income and other revenue earned from
    the Group's banking business.                                             
                                                                              
    For more details, please refer to the press announcement today.