13:20     CAPITAL ESTATE<00193> - Results Announcement (1)                    

    Capital Estate Limited announced on 20/04/2005:                           
    (stock code: 00193 )                                                      
    Year end date: 31/07/2005                                                 
    Currency: HKD                                                             
    Auditors' Report: N/A                                                     
    Interim report reviewed by: Both Audit Committee and Auditors             
                                                                              
                                                            (Unaudited )      
                                         (Unaudited )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/08/2004    from 01/08/2003   
                                         to 31/01/2005      to 31/01/2004     
                                   Note  ('000      )       ('000      )      
    Turnover                           : 12,431             14,464            
    Profit/(Loss) from Operations      : 14,000             (719)             
    Finance cost                       : (193)              (361)             
    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       : 13,697             (1,022)           
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)       : 0.0041             (0.0005)          
             -Diluted (in dollars)     : 0.004              (0.0004)          
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 13,697             (1,022)           
    Interim Dividend                   : Nil                Nil               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Interim 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:                                                                  
                                                                              
    1. Turnover and business segments                                         
                                                                              
    For the six months ended 31st January, 2005                               
                                                                              
    Property        Financial       Property        Estate                    
    rental          Investment      sale            agency     Consolidated   
    HK$'000         HK$'000         HK$'000         HK$'000         HK$'000   
                                                                              
    TURNOVER                                                                  
    External sales                                                            
    234             -               10,050          2,147           12,431    
    =======================================================================   
                                                                              
    SEGMENT RESULT                                                            
    (274)           11,550          2,093           323             13,692    
    =======================================================                   
                                                                              
    Unallocated corporate income                                      469     
    Unallocated corporate expenses                                   (161)    
                                                                 ------------ 
                                                                              
    Profit from operations                                          14,000    
                                                                    =======   
                                                                              
                                                                              
    For the six months ended 31st January, 2004                               
                                                                              
                                                                              
    Continuing operations                     Discontinuing                   
                                              operations                      
    ----------------------------------------  ------------                    
    Property        Financial       Property  Sale of silk                    
    Rental          Investment      sale      products      Consolidated      
    HK$'000         HK$'000         HK$'000    HK$'000      HK$'000           
                                                                              
    TURNOVER                                                                  
    External sales                                                            
    455             7,645           -               6,364   14,464            
    ==================================================================        
                                                                              
    SEGMENT RESULT                                                            
    (507)           542             3,501           (400)   3,136             
    =======================================================                   
                                                                              
    Unallocated corporate expenses                         (3,855)            
                                                          ----------          
                                                                              
    Loss from operations                                    (719)             
                                                            =======