09:18     PCPD<00432> - Results Announcement                                  

    Pacific Century Premium Developments Limited announced on 30/03/2005:     
    (stock code: 00432 )                                                      
    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  ('Million  )       ('Million  )      
    Turnover                           : 5,831              4,528             
    Profit/(Loss) from Operations      : 695                193               
    Finance cost                       : (78)               (160)             
    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       : 487                3                 
    % Change over Last Period          : +16,133   %                          
    EPS/(LPS)-Basic (in dollars)       : 0.28               0.002             
             -Diluted (in dollars)     : 0.21               N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 487                3                 
    Final Dividend                     : $0.07              NIL               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 09/05/2005         to 12/05/2005 bdi.
    Payable Date                       : 19/05/2005                           
    B/C Dates for (-)                                                         
      General Meeting                  : N/A                                  
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    The consolidated financial statements have been prepared as a continuation
    of the consolidated financial statements of the Property Group and        
    accordingly, comparative information presented for the period from January
    1, 2003 to December 31, 2003 is that of the Property Group.               
                                                                              
    For more details, please refer to the press announcement today.