08:56     NATURAL BEAUTY<00157> - Results Announcement                        

    Natural Beauty Bio-Technology Limited announced on 20/04/2005:            
    (stock code: 00157 )                                                      
    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                           : 358,142            320,086           
    Profit/(Loss) from Operations      : 99,395             83,531            
    Finance cost                       : N/A                (6)               
    Share of Profit/(Loss) of                                                 
      Associates                       : (337)              N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 63,262             54,142            
    % Change over Last Period          : +16.84    %                          
    EPS/(LPS)-Basic (in dollars)       : 0.032              0.027             
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 63,262             54,142            
    Final Dividend                     : $0.0175            $0.015            
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 24/05/2005         to 25/05/2005 bdi.
    Payable Date                       : 10/06/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 24/05/2005         to 25/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    (1) BASIS OF PREPARATION                                                  
                                                                              
    Natural Beauty Bio-Technology Limited (the "Company") was incorporated in 
    the Cayman Islands on 29 June 2001 as an exempted company with limited    
    liability.  Its shares are listed on The Stock Exchange of Hong Kong      
    Limited.                                                                  
                                                                              
    The financial statements have been prepared under the historical cost     
    convention, as modified for the revaluation of investment properties and  
    investments in securities, and in accordance with accounting principles   
    generally accepted in Hong Kong and comply with Hong Kong Financial       
    Reporting Standards issued by the Hong Kong Institute of Certified Public 
    Accountants ("HKICPA").                                                   
                                                                              
    (2) ANALYSIS OF TURNOVER AND PROFIT FROM OPERATIONS FOR THE YEAR ENDED 31 
    DECEMBER 2004                                                             
                                                    HK$'000                   
    Turnover                                                                  
    Sales of goods                                  324,730                   
    Service income                                  28,338                    
    Entrustment fee income                          5,074                     
                                                    ---------                 
    Total                                           358,142                   
    Cost of sales                                   (82,291)                  
                                                    ---------                 
    Gross profit                                    275,851                   
                                                                              
            Other revenues                          23,097                    
            Distribution costs                      (126,921)                 
            Administrative expenses                 (63,873)                  
            Other operating expenses                (8,759)                   
                                                    ---------                 
    Profit from operations                          99,395                    
                                                    =====                     
                                                                              
    (3) EARNINGS PER SHARE                                                    
                                                                              
    The calculation of the basic earnings per share is based on the profit for
    the year of HK$63,262,000 (2003: HK$54,142,000) and on the number of 2,   
    000,000,000 (2003: 2,000,000,000) ordinary shares of the Company in issue 
    during the year.                                                          
                                                                              
    No diluted earnings per share is presented, as the Company has no dilutive
    potential ordinary shares outstanding.                                    
                                                                              
    For more details, please refer to the press announcement today.