08:56     GEELY AUTO<00175> - Results Announcement                            

    Geely Automobile Holdings Limited announced on 28/04/2005:                
    (stock code: 00175 )                                                      
    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                           : 41,123             39,872            
    Profit/(Loss) from Operations      : (12,730)           (12,577)          
    Finance cost                       : (53)               (153)             
    Share of Profit/(Loss) of                                                 
      Associates                       : 100,213            68,350            
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 84,394             57,486            
    % Change over Last Period          : +46.8     %                          
    EPS/(LPS)-Basic (in dollars)       : 0.02               0.016             
             -Diluted (in dollars)     : 0.02               N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 84,394             57,486            
    Final Dividend                     : 1.0 cent           NIL               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 23/05/2005         to 25/05/2005 bdi.
    Payable Date                       : 08/07/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 23/05/2005         to 25/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
                                                                              
    1.      An analysis of turnover and profit/(loss) from discontinued       
    operations                                                                
                                                                              
    The operations of information technology were discontinued from 30th March
    2004, which contributed approximately HK$9,220,000 to the Group's turnover
    and loss from operations of approximately HK$794,000.                     
                                                                              
    2.      Earning per share                                                 
                                                                              
    The calculation of the basic earning per share is based on the net profit 
    for the year of approximately HK$84,394,000 (2003: HK$57,486,000) and on  
    4,120,264,902 (2003: weighted average number of 3,614,785,000) shares in  
    issue during the year.                                                    
                                                                              
    Diluted earnings per share for the year ended 31st December, 2004 does not
    assume the exercise of share options as the exercise price of the share   
    options were higher than the average market price.                        
                                                                              
    No diluted earnings per share for the year ended 31st December, 2003 had  
    been presented as there was no potential ordinary share in existence      
    during the year.                                                          
                                                                              
    For more details, please refer to the press announcement today.