13:29     THEME INT'L<00990> - Results Announcement                           

    Theme International Holdings Limited announced on 18/04/2005:             
    (stock code: 00990 )                                                      
    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                           : 201,265            172,065           
    Profit/(Loss) from Operations      : (6,313)            (15,606)          
    Finance cost                       : (4,673)            (4,068)           
    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       : (8,183)            (19,889)          
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)       : (0.003)            (0.008)           
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : (8,183)            (19,889)          
    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 Annual                                                      
      General Meeting                  : 25/05/2005         to 31/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
                                                                              
    1. Loss per share                                                         
                                                                              
    The calculation of basic and diluted loss per share for the year December 
    31, 2004 together with the comparative figures for 2003 are calculated as 
    follows:                                                                  
                                                                              
                                                    2004            2003      
                                                    HK$'000         HK$'000   
                                                                              
    Loss for the purpose of basic and diluted                                 
            loss per share                          (8,183)         (19,889)  
                                                                              
    Weighted average number of ordinary shares for the purpose of basic loss  
    per share                                     Number        Number        
                                                   ------        ------       
                                                 2,914,962,037   2,627,773,659
                                                                              
    Effect of dilutive potential ordinary shares assumed conversion of        
    convertible notes                                                         
                                                    N/A             N/A       
                                                                              
    Weighted average number of ordinary shares for the purpose of diluted loss
    per share                                                                 
                                                                              
                                                 2,914,962,037   2,627,773,659
                                                                              
    The weighted average number of ordinary shares for the year ended December
    31, 2003 for the purposes of basic and diluted loss per share has been    
    adjusted for the open offer of the Company's shares to qualifying         
    shareholders on the basis of one offer share for every existing share held
    on October 25, 2004, which was completed on November 17, 2004.            
                                                                              
    The calculation of diluted loss per share for both years did not assume   
    the conversion of the Company's convertible notes as the conversion price 
    of those convertible notes were higher than the average market price of   
    shares.