13:26     EARNEST INV<00339> - Results Announcement                           

    Earnest Investments Holdings Limited announced on 18/04/2005:             
    (stock code: 00339 )                                                      
    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  ($         )       ($         )      
    Turnover                           : 541,814            1,175,919         
    Profit/(Loss) from Operations      : (6,142,836)        (3,813,105)       
    Finance cost                       : N/A                N/A               
    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       : (6,142,836)        (3,813,105)       
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)       : (0.0171)           (0.0106)          
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : (6,142,836)        (3,813,105)       
    Final Dividend                     : Nil                Nil               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : N/A                                  
    Payable Date                       : N/A                                  
    B/C Dates for (-)                                                         
      General Meeting                  : N/A                                  
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
                                                                              
    Loss per share                                                            
                                                                              
    The calculation of basic loss per share is based on the net loss for the  
    year of HK$6,142,836 (2003: HK$3,813,105) and 360,000,000 (2003:          
    360,000,000) ordinary shares in issue during the year.                    
                                                                              
    No diluted loss per share is presented for the current and prior year as  
    the Company had no dilutive potential ordinary shares in issue.