12:58     WONSON INT'L<00651> - Results Announcement                          

    Wonson International Holdings Limited announced on 27/04/2005:            
    (stock code: 00651 )                                                      
    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                           : 4,347              4,058             
    Profit/(Loss) from Operations      : (15,744)           (6,438)           
    Finance cost                       : (2,379)            (5,600)           
    Share of Profit/(Loss) of                                                 
      Associates                       : 1,027              (6,309)           
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : (282)              (292)             
    Profit/(Loss) after Tax & MI       : (2,215)            (199,424)         
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)       : (0.0003)           (0.029)           
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : (2,215)            (199,424)         
    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 (-)                                                         
      General Meeting                  : N/A                                  
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1.  LOSS PER SHARE                                                        
                                                                              
    The calculation of basic loss per share is based on the net loss for      
    the year of approximately HK$2,215,000 (2003: HK$199,424,000) and         
    6,837,422,389 (2003: 6,837,422,389) shares in issue.                      
                                                                              
    No diluted loss per share has been presented in 2004 as the exercise of   
    the convertible note would result in a decrease in loss per share and it  
    was redeemed in full upon maturity during the year.                       
                                                                              
    No diluted loss per share had been presented in 2003 as the exercise of   
    the convertible note would result in a decrease in loss per share.        
                                                                              
                                                                              
    2.  LOSS BEFORE TAXATION INCLUDED THE FOLLOWING ITEMS:-                   
                                                                              
                                                2004          2003            
                                                ----          ----            
                                                HK$ '000      HK$ '000        
                                                                              
     -  Impairment loss recognised              NIL           (153,410)       
            in respect of interests                                           
            in associates                                                     
                                                                              
     -  Gain on disposal of associates         12,254           NIL           
                                                                              
    The Stock Exchange has received a message from Premium Land Limited which 
    is reproduced as follows:-                                                
                                                                              
    "ODD LOTS ARRANGEMENT                                                     
                                                                              
    In order to facilitate the trading of odd lots of the New Shares arising  
    from the Capital Reorganisation and the change in board lot size, the     
    Company has procured an agent to arrange the sale and purchase of odd lots
    on behalf of the Shareholders. Holders of odd lots of New Shares who wish 
    to take advantage of this trading facility to dispose of or top up odd    
    lots should contact Ms. Rosita Kiu of Kingston Securities Limited at Suite
    2801, 28th Floor, One International Finance Centre, 1 Harbour View Street,
    Central, Hong Kong (telephone number: 2298-6215) during the period from   
    Thursday, 21 April 2005 to Friday, 13 May 2005, both dates inclusive.     
                                                                              
    Shareholders should note that successful matching of the sale and purchase
    odd lots of the Shares is not guaranteed.                                 
                                                                              
    Shareholders are recommended to consult their licensed securities dealer, 
    bank manager, solicitor, professional accountant or other professional    
    adviser if they are not sure about the matching service described above."