08:57     WAI KEE HOLD<00610> - Results Announcement (2)                      

    2.      EARNING PER SHARE                                                 
                                                                              
    The calculation of the basic and diluted earnings per share is            
    based on the following data:                                              
                                                                              
                                            2004            2003              
                                                            (Restated)        
                                            HK$'000         HK$'000           
                                                                              
    Earnings for the purpose of basic and diluted earnings per share          
                                            608,832         125,327           
                                            ========        =========         
                                                                              
                                               Number of shares               
    Weighted average number of ordinary shares for the                        
     purpose of basic earnings per share     791,090,495     783,770,884      
                                                                              
    Effect of dilutive potential ordinary shares:                             
     Options                                 1,552,729       5,503,864        
                                            -----------     ------------      
    Weighted average number of ordinary shares for the                        
     purpose of diluted earnings per share   792,643,224     789,274,748      
                                            ============    ============      
                                                                              
    As a result of the adjustments on adoption of SSAP 36, the comparative    
    basic and diluted earnings per share were adjusted as follows:            
                                                                              
                                            Basic           Diluted           
                                            HK Cents        HK$ Cents         
    Earnings per share:                                                       
                                                                              
    Originally stated                       15.81           15.70             
    Adjustments arising from the changes in accounting policies               
                                            0.18            0.18              
                                            ---------       ----------        
    As restated                             15.99           15.88             
                                            ========        =========         
                                                                              
    For more details, please refer to the press announcement today.