08:58     LUNG KEE<00255> - Results Announcement                              

    Lung Kee (Bermuda) Holdings Limited announced on 01/04/2005:              
    (stock code: 00255 )                                                      
    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                           : 1,599,505          1,209,613         
    Profit/(Loss) from Operations      : 287,583            214,485           
    Finance cost                       : (19,290)           (29,084)          
    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       : 220,113            157,255           
    % Change over Last Period          : +39.97    %                          
    EPS/(LPS)-Basic (in dollars)       : 0.3581 (Note 1)    0.2575(Note 1 & 2)
             -Diluted (in dollars)     : 0.3579 (Note 1)    0.2568(Note 1 & 2)
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 220,113            157,255           
    Final Dividend                     : 10 cents           8 cents (Note 2)  
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 04/05/2005         to 09/05/2005 bdi.
    Payable Date                       : 19/05/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 04/05/2005         to 09/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1. EARNINGS PER SHARE                                                     
                                                                              
    The calculation of the basic and diluted earnings per share is based on   
    the following data:                                                       
                                                                              
                                    2004            2003                      
    Profit attributable to                                                    
     shareholders (HK$'000)         220,113         157,255                   
                                                                              
    Number of shares                                                          
                                                                              
    Weighted average number of                                                
      ordinary shares for the                                                 
      purpose of basic earnings                                               
      per share                     614,584,024     610,813,509(Note 2)       
                                                                              
    Effect of dilutive potential                                              
      ordinary shares on exercise of share                                    
      options of the Company        467,577         1,591,252(Note 2)         
                                    -------------   ----------                
    Weighted average number of                                                
      ordinary shares for the purpose of diluted                              
      earnings per share            615,051,601     612,404,761(Note 2)       
                                    =============   ===========               
                                                                              
    The weighted average number of ordinary shares for the year ended 31st    
    December, 2003 for the purpose of basic earnings per share had been       
    adjusted for the bonus issue on 3rd May, 2004.                            
                                                                              
    2. These figures have been adjusted to reflect the bonus share issue      
    on 3rd May, 2004.                                                         
                                                                              
    For more details, please refer to the press announcement today.