08:50     RIVERHILL HOLD<08127> - Quarterly Results Announcement (2)          

                                                                              
    2.  Turnover                                                              
    Turnover represents the value of services rendered and the net            
    invoice value of goods sold, after allowances for returns, trade          
    discounts and sales tax.                                                  
                                                                              
    3.  Earnings/loss per share                                               
    The calculation of the basic earnings per share for the three months      
    ended 31 March 2005 is based on the net profit attributable to            
    shareholders for the period of approximately HK$161,000 (2004:            
    Loss of approximately HK$275,000)and on issued number of 415,000,000      
    (2004: 415,000,000) ordinary shares in issue during the period.           
                                                                              
    The calculation of the basic earnings per share for the nine months       
    ended 31 March 2005 is based on the net profit attributable to            
    shareholders for the period of approximately HK$165,000 (2004:            
    Loss of approximately HK$9,650,000)and on the issued number of            
    415,000,000 (2004: 415,000,000) ordinary  shares in issue during          
    the period.                                                               
                                                                              
    The diluted earnings per share has not been presented as the              
    outstanding options had an anti-dilutive effect on the basic              
    earnings per share for the period.                                        
                                                                              
    4.  Third quarter dividends                                               
    The directors do not recommend the payment of any third quarter           
    dividend in respect of the nine months ended 31 March 2005.               
    (2004:Nil)