13:21     COFCO INTL<00506> - Results Announcement (1)                        

    COFCO International Limited announced on 06/04/2005:                      
    (stock code: 00506 )                                                      
    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                           : 16,792,623         13,694,462        
    Profit/(Loss) from Operations      : 509,675            565,694           
    Finance cost                       : (84,265)           (53,797)          
    Share of Profit/(Loss) of                                                 
      Associates                       : 28,801             105,296           
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI    2  : 300,702            412,652           
    % Change over Last Period          : -27       %                          
    EPS/(LPS)-Basic (in dollars)    1  : 0.171              0.253             
             -Diluted (in dollars)  1  : 0.171              0.238             
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 300,702            412,652           
    Final Dividend                     : 3.74 cents         5.00 cents        
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 03/05/2005         to 09/05/2005 bdi.
    Payable Date                       : 18/05/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 03/05/2005         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 calculations of basic and diluted earnings per share are based on:    
                                            2004            2003              
                                            HK$             HK$               
                                                            (Restated)        
    Earnings                                                                  
                                                                              
    Net profit attributable to shareholders,                                  
      used in the basic earnings per share                                    
      calculations                          300,702,000     412,652,000       
                                                                              
    Deemed saving in finance costs on the                                     
      convertible notes                     -               3,537,000         
                                            -------------   ------------      
    Adjusted net profit attributable to                                       
    shareholders, used in the diluted                                         
    earnings per share calculations         300,702,000     416,189,000       
                                            =============   =============     
                                                                              
                                            Number of shares                  
    Shares                                  2004            2003              
    Weighted average number of ordinary                                       
      shares in issue during the year                                         
      used in basic earnings per share                                        
      calculation                           1,754,088,687   1,630,482,912     
                                                                              
    Weighted average number of ordinary                                       
     shares:                                                                  
      Assumed issued at no consideration                                      
        on deemed exercise of all share                                       
        options outstanding during the year 4,735,036       21,430,176        
    Assumed issued on the deemed conversion                                   
    of the convertible notes                -               99,726,027        
                                            -------------   --------------    
    Weighted average number of ordinary                                       
      shares used in the Diluted earnings                                     
      per share calculation                 1,758,823,723   1,751,639,115     
                                            =============   ===============