09:00     IDS<02387> - Results Announcement (2)                               

                                                                              
    2       Profit from Operations                                            
                                                                              
            Profit from Operations after (charging)/crediting the following   
    other (expenses)/income, net:                                             
                                                                              
                                            2004            2003              
                                            US$'000         US$'000           
                                                                              
    Gain on disposal of other investments   -               234               
    (Loss)/gain on disposal of subsidiaries, associated companies and change  
    in structure, net                       (227)           866               
    Reversal of provision in respect of amount due from related companies     
                                            -               700               
    Reversal of loss on property, plant and equipment, net                    
                                            -               3,528             
                                            ----------------------------      
    Other (expenses)/income, net            (227)           5,328             
                                            ============================      
                                                                              
    3       Finance costs, net                                                
                                                                              
                                            2004            2003              
                                            US$'000         US$'000           
                                                                              
    Interest expense on bank loans and overdrafts                             
                                            2,229           2,272             
    Interest expense of finance leases      14              15                
    Interest expense on balances with related companies                       
                                            185             488               
                                            ---------------------------       
                                            2,428           2,775             
    Interest income from bank deposits      (1,336)         (385)             
    Interest income from related parties    (405)           (1,055)           
                                            --------------------------        
                                            687             1,335             
                                            ==========================        
                                                                              
    4       Earnings per share                                                
                                                                              
            The calculations of basic and diluted earnings per share are based
    on the Group's profit attributable to shareholders of US$10,546,000  (    
    2003: US$8,368,000).                                                      
                                                                              
            The basic earnings per share is based on the weighted average     
    number of 244,488,000 (2003: 240,000,000) ordinary shares in issue during 
    the year. In determining the weighted average number of ordinary shares   
    deemed to be in issue, a total of 239,880,000 ordinary shares were deemed 
    to be in issue since 1 January 2003 after taking into consideration of the
    effect of the Reorganization.                                             
                                                                              
            No diluted earnings per share has been presented for the year     
    ended 31 December 2004 as the exercise of share options would be anti-    
    dilutive.                                                                 
                                                                              
    For more details, please refer to the press announcement today.