08:54     GLOBAL GREEN<00274> - Results Announcement (1)                      

    Global Green Tech Group Limited announced on 25/04/2005:                  
    (stock code: 00274 )                                                      
    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                           : 624,894            633,586           
    Profit/(Loss) from Operations      : 158,754            124,534           
    Finance cost                       : (7,663)            (2,304)           
    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       : 105,096            92,238            
    % Change over Last Period          : +13.94    %                          
    EPS/(LPS)-Basic (in dollars)       : 0.1201             0.1236            
             -Diluted (in dollars)     : 0.1167             0.1214            
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 105,096            92,238            
    Final Dividend                     : 2 cents            2 cents           
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 24/05/2005         to 27/05/2005 bdi.
    Payable Date                       : 08/07/2005                           
    B/C Dates for (-)                                                         
      General Meeting                  : N/A                                  
    Other Distribution for             : bonus issue of one 2007 warrant and  
      Current Period                     one 2008 warrant for every 10 shares 
                                                                              
                                         on record date 27/05/05              
    B/C Dates for Other                                                       
      Distribution                     : 24/05/2005         to 27/05/2005 bdi.
                                                                              
                                                                              
    Remarks:                                                                  
                                                                              
                                                                              
    1.  PRINCIPAL ACCOUNTING POLICIES                                         
                                                                              
    The financial statements have been prepared in accordance with all        
    applicable Hong Kong Financial Reporting Standards (which includes all    
    applicable Statements of Standard Accounting Practice and Interpretations)
    issued by the Hong Kong Institute of Certified Public Accountants         
    ("HKICPA"), accounting principles generally accepted in Hong Kong and the 
    disclosure requirements of the Hong Kong Companies Ordinance. These       
    financial statements also comply with the applicable provisions of the    
    Rules Governing the Listing of Securities of The Stock Exchange. The      
    financial statements have been prepared under the historical cost         
    convention except that, as disclosed in the accounting policies below,    
    certain investment properties, leasehold land and buildings and other     
    investments are stated at fair value.                                     
                                                                              
    HKICPA has issued a number of new and revised Hong Kong Financial         
    Reporting Standards and Hong Kong Accounting Standards ("new HKFRSs")     
    which are effective for accounting periods beginning on or after          
    1 January 2005.                                                           
                                                                              
    The Group has not adopted these new HKFRSs in the financial statements for
    the year ended 31 December 2004. The Group has already assessed the impact
    of these new HKFRSs but is not yet in a position to state whether these   
    new HKFRSs would have a significant impact on its results of operations   
    and financial position.