08:44     ASIA TELEMEDIA<00376> - Results Announcement                        

    Asia TeleMedia Limited announced on 27/04/2005:                           
    (stock code: 00376 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: HKD                                                             
    Auditors' Report: Modified                                                
                                                                              
                                                            (Audited   )      
                                         (Audited   )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/01/2004    from 01/01/2003   
                                         to 31/12/2004      to 31/12/2003     
                                   Note  ($         )       ($         )      
    Turnover                           : 7,595,117          5,595,802         
    Profit/(Loss) from Operations      : (16,370,503)       (31,959,850)      
    Finance cost                       : (4,365,041)        (4,575,774)       
    Share of Profit/(Loss) of                                                 
      Associates                       : (394,920)          96,977            
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : (21,130,464)       (37,767,572)      
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)       : (0.0152)           (0.0303)          
             -Diluted (in dollars)     : (0.0152)           (0.0303)          
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : (21,130,464)       (37,767,572)      
    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 Annual                                                      
      General Meeting                  : To Be Announced                      
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    For more details, please refer to the press announcement today.