09:17     CASIL TELECOM<01185> - Results Announcement                         

    CASIL Telecommunications Holdings Limited announced on 30/03/2005:        
    (stock code: 01185 )                                                      
    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                           : 148,126            143,872           
    Profit/(Loss) from Operations      : 12,181             7,518             
    Finance cost                       : (5,124)            (5,137)           
    Share of Profit/(Loss) of                                                 
      Associates                       : (149)              N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 5,368              2,217             
    % Change over Last Period          : +142      %                          
    EPS/(LPS)-Basic (in dollars)       : 0.0054             0.0025            
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 5,368              2,217             
    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                  : 26/04/2005         to 29/04/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    (1)     The profit / (loss) after taxation & MI has been arrived at after 
    charging:                                                                 
                                                                              
                            (Audited)               (Audited)                 
                            Current Period          Last Corresponding        
                            from 1/1/2004 to        Period from 1/1/2003 to   
                            31/12/2004              31/12/2003                
                            HK$'000                 HK$'000                   
                                                                              
    Amortisation and                                                          
      depreciation          10,236                  8,167                     
    (Reversal of)                                                             
      allowance for                                                           
      doubtful debts        924                     (1,713)                   
                            ========                =========                 
                                                                              
    (2)     The calculation of the basic earnings per share is based on the   
    profit for the year of HK$5,368,000 (2003:HK$2,217,000) and the weighted  
    average number of 1,000,199,872 shares (2003: 877,331,544 shares) in issue
    during the year.                                                          
                                                                              
    For more details, please refer to the press announcement today.