09:02     TIANJINTIANLIAN<08290> - Yearly Results Announcement (1)            

                                                                              
    Tianjin Tianlian Public Utilities Company Limited announced on 30/03/2005:
    (stock code: 08290 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: RMB                                                             
    Auditors' Report: Unqualified                                             
                                                                              
    Important Note:                                                           
                                                                              
    This result announcement form only contain extracted information          
    from and should be read in conjunction with the detailed results          
    announcement of the issuer, which can be view on the GEM website          
    at http://www.hkgem.com                                                   
                                                                              
                                                            (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                           : 37,378             43,300            
    Profit/(Loss) from Operations      : 11,677             27,340            
    Finance cost                       : (2,498)            (1,153)           
    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       : 4,899              23,319            
    % Change over Last Period          : -79       %                          
    EPS/(LPS)-Basic (in dollars)       : 0.005              0.0336            
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 4,899              23,319            
    Final Dividend                     : N/A                N/A               
      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                  : 22/04/2005         to 25/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
                                                                              
            For and on behalf of                                              
            Tianjin Tianlian Public Utilities Company Limited                 
                                                                              
    Name :  KWOK SHUN TIM                                                     
    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:                                                                  
                                                                              
    1.        GENERAL                                                         
                                                                              
    The Company was established in Tianjin, the People's Republic of China    
    (the "PRC") as a joint stock limited company. The Company's overseas-     
    listed foreign shares ("H Shares") were listed on the Growth              
    Enterprises Market (the "GEM") of The Stock Exchange of Hong Kong         
    Limited (the "Stock Exchange") on 9 January 2004.                         
                                                                              
    The principal activities of the Company are the operation and             
    management of gas pipeline infrastructure and the sale and                
    distribution of piped gas. The principal activity of its subsidiary is    
    the sale of gas and gas appliances.                                       
                                                                              
    2.        POTENTIAL IMPACT ARISING FROM THE RECENTLY ISSUED ACCOUNTING    
    STANDARDS                                                                 
                                                                              
    In 2004, the Hong Kong Institute of Certified Public Accountants (the     
    "HKICPA") issued a number of new or revised Hong Kong Accounting          
    Standards and Hong Kong Financial Reporting Standards (herein             
    collectively referred to as "new HKFRSs") which are effective for         
    accounting periods beginning on or after 1 January 2005. The Group has