13:18     CHINA EB INT'L<00257> - Results Announcement (2)                    

    No provision for Hong Kong Profits Tax has been made as the Group         
    sustained a loss for Hong Kong Profits Tax purposes during the year.      
    Taxation for PRC operations is charged at the appropriate current rates of
    taxation ruling in the PRC.                                               
                                                                              
    3.      Earnings per share                                                
                                                                              
    (a)     Basic earnings per share                                          
    The calculation of basic earnings per share is based on the profit        
    attributable to shareholders of HK$86,776,000 (2003:HK$56,837,000) and the
    weighted average number of 2,548,418,257 ordinary shares (2003: 2,548,311 
    ,700 ordinary shares) in issue during the year.                           
                                                                              
    (b)     Diluted earnings per share                                        
    The calculation of diluted earnings per share is based on the profit      
    attributable to ordinary shareholders of HK$86,776,000 (2003:HK$56,837,   
    000) and the weighted average number of 2,587,073,527 ordinary shares (   
    2003: 2,551,060,407 ordinary shares) after adjusting for the effects of   
    all dilutive potential ordinary shares under the Company's share option   
    scheme.                                                                   
                                                                              
    4.      Dividend                                                          
    Dividends attributable to the year                                        
                                                    2004            2003      
                                                    HK$'000         HK$'000   
    Interim dividend declared and paid of                                     
    0.4 cent per share (2003: $Nil)                 10,193          -         
    Final dividend proposed after the balance                                 
    sheet date of 0.6 cent per share (2003: $Nil)   15,293          -         
                                                    ---------       --------- 
                                                    25,486          -         
                                                    =========       ========= 
                                                                              
    The final dividend proposed after the balance sheet date has not been     
    recognised as a liability at the balance sheet date.