09:03     SPREADPROSPECTS<00572> - Results Announcement (1)                   

    Spread Prospects Holdings Limited announced on 12/04/2005:                
    (stock code: 00572 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: RMB                                                             
    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                           : 425,716            337,588           
    Profit/(Loss) from Operations      : 117,377            101,407           
    Finance cost                       : (2,744)            (2,871)           
    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       : 90,135             78,718            
    % Change over Last Period          : +14.5     %                          
    EPS/(LPS)-Basic (in dollars)       : 0.223              0.228             
             -Diluted (in dollars)     : 0.222              N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 90,135             78,718            
    Final Dividend                     : RMB0.030           RMB0.040          
      per Share                          (HK$0.028)         (HK$0.038)        
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 30/05/2005         to 03/06/2005 bdi.
    Payable Date                       : 23/06/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 30/05/2005         to 03/06/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1.      BASIS OF PREPARATION & PRINCIPAL ACCOUNTING POLICIES              
                                                                              
    The Company is incorporated as an exempted company with limited liability 
    in the Cayman Islands on 21 October 2002 under the Companies Law of the   
    Cayman Islands.  Its shares are listed on the Main Board of The Stock     
    Exchange of Hong Kong Limited (the "Stock Exchange").  The Company's      
    ultimate holding company is Fu Teng Global Limited ("Fu Teng"), a company 
    incorporated in the British Virgin Islands.                               
                                                                              
    The Company is an investment holding company.  The principal activities of
    the Group are the manufacture and sale of tinplate cans for the packaging 
    of food and beverage in the People's Republic of China (the "PRC"), and   
    provision of tinplate lacquering and printing services.                   
                                                                              
    In 2004, the Hong Kong Institute of Certified Public Accountants issued a 
    number of new or revised Hong Kong Accounting Standards and Hong Kong     
    Financial Reporting Standards ("HKFRSs") (hereinafter collectively        
    referred to as "new HKFRSs") which are effective for accounting periods   
    beginning on or after 1 January 2005.  The Group has not early adopted    
    these new HKFRSs in the financial statements for the year ended 31        
    December 2004.                                                            
                                                                              
    The Group has commenced considering the potential impact of the new HKFRSs
    but is not yet in a position to determine whether the new HKFRSs would    
    have a significant impact on how its results of operations and financial  
    position are prepared and presented.  The new HKFRSs may result in changes
    in the future as to how the results and financial position are prepared   
    and presented.                                                            
                                                                              
    The financial statements have been prepared under the historical cost     
    convention and in accordance with accounting principles generally accepted
    in Hong Kong.                                                             
                                                                              
    2.      DIVIDEND                                                          
                                                                              
    The final dividend for the year ended 31 December 2004 of HK$0.028 (      
    equivalent to approximately RMB0.03) (2003: HK$0.038 (equivalent to       
    approximately RMB0.04)) per share has been proposed by the directors and  
    is subject to approval by the shareholders in general meeting.