16:33     SHELL ELECTRIC<00081> - Results Announcement (1)                    

    Shell Electric Mfg. (Holdings) Co. Limited announced on 06/04/2005:       
    (stock code: 00081 )                                                      
    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  : 2,051,306          2,000,425         
    Profit/(Loss) from Operations   1  : (91,591)           89,564            
    Finance cost                       : (22,060)           (25,609)          
    Share of Profit/(Loss) of                                                 
      Associates                       : 31,339             14,552            
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 137,883            87,819            
    % Change over Last Period          : +57       %                          
    EPS/(LPS)-Basic (in dollars)    2  : 0.3105             0.1980            
             -Diluted (in dollars)     : N/A                0.1980            
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 137,883            87,819            
    Final Dividend                     : 7 cents            7 cents           
      per Share                                                               
    (Specify if with other             : with scrip option  N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 06/05/2005         to 11/05/2005 bdi.
    Payable Date                       : 08/06/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 06/05/2005         to 11/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1.                                                                        
                                                                              
    Turnover and profit from continuing operations and discontinued operations
                                            Turnover                          
                                            2004            2003              
                                            HK$'000         HK$'000           
    Continuing operations                   1,987,944       1,865,738         
    Discontinuing operations                63,362          134,687           
                                            ----------      ----------        
                                            2,051,306       2,000,425         
                                            ==========      ==========        
                                                                              
                                            Profit/(Loss) from operation      
                                            2004            2003              
                                            HK$'000         HK$'000           
    Continuing operations                   (72,902)        109,263           
    Discontinuing operations                (2,231)         1,959             
                                            ---------       --------          
                                            (75,133)        111,222           
    Unallocated corporate expenses          (38,737)        (35,191)          
    Other operating income excluding                                          
      interest income                       1,625           4,297             
    Interest income                         20,654          9,236             
                                            ---------       ---------         
    (Loss)/Profit from operation            (91,591)        89,564            
                                            =========       =========