08:59     PROSTICKS INT'L<08055> - Quarterly Results Announcement (1)         

                                                                              
    ProSticks International Holdings Limited announced on 09/05/2005:         
    (stock code: 08055 )                                                      
                                                                              
    Year end date                         :31/12/2005                         
    Currency                              :HKD                                
    Auditors' report                      :N/A                                
    1st Quarterly Report Reviewed by       Audit Committee                    
                                                                              
    Important Note :                                                          
                                                                              
    This result announcement form only contains extracted information from    
    and should be read in conjunction with the detailed results announcement  
    of the issuer, which can be viewed on the GEM website at                  
    http://www.hkgem.com                                                      
                                                                              
                                               (Unaudited)       (Unaudited)  
                                                  Current Last Corresponding  
                                                   Period            Period   
                                           from 01/01/2005   from 01/01/2004  
                                             to 31/03/2005     to 31/03/2004  
                                                     $'000             $'000  
                                                                              
    Turnover                              :          3,554             1,649  
    Profit/(Loss) from Operations         :          (538)           (2,631)  
    Finance cost                          :           (94)              (48)  
    Share of Profit/(Loss) of Associates  :            N/A               N/A  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :            N/A               N/A  
    Profit/(Loss) after Taxation & MI     :          (632)           (2,679)  
    % Change Over the Last Period         :            N/A                    
    EPS / (LPS)                                                               
              Basic (in dollar)           :    (HKD 0.001)      (HKD 0.0052)  
              Diluted (in dollar)         :            N/A               N/A  
    Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A  
    Profit (Loss) after ETD Items         :          (632)           (2,679)  
    1st Quarter Dividends per Share       :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for 1st Quarter Dividends   :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for (-) General Meeting     :            N/A                    
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                           (bdi: both days inclusive)         
                                                                              
    For and on behalf of                                                      
    ProSticks International Holdings Limited                                  
                                                                              
    Signature :                                                               
    Name      : Li Ching Ping Vincent                                         
    Title     : Chairman                                                      
                                                                              
    Responsibility statement                                                  
                                                                              
    The directors of the Company (the "Directors") as at the date hereof      
    hereby collectively and individually accept full responsibility for the   
    accuracy of the information contained in this results announcement form   
    (the "Information") and confirm, having made all reasonable inquiries,    
    that to the best of their knowledge and belief the Information are        
    accurate and complete in all material respects and not misleading and     
    that there are no other matters the omission of which would make the      
    Information herein inaccurate or misleading.The Directors acknowledge     
    that the Stock Exchange has no responsibility whatsoever with regard to   
    the Information and undertake to indemnify the Exchange against all       
    liability incurred and all losses suffered by the Exchange in connection  
    with or relating to the Information.                                      
                                                                              
    Remarks:                                                                  
                                                                              
    1.  Basis of preparation                                                  
    The accounts have been prepared in accordance with the                    
    accounting principles generally accepted in Hong Kong and                 
    complied with accounting standards issued by                              
    Hong Kong Institute of Certified Public Accountants.                      
                                                                              
    The basis of preparation and accounting policies adopted in the           
    preparation of the quarterly accounts are consistent with those           
    followed in the Company's annual financial statements for                 
    the year ended 31 December 2004.                                          
                                                                              
    The unaudited condensed consolidated financial statements for the three   
    months ended 31 March 2005 have not been audited by the Company's         
    auditors, but have been reviewed by the Company's audit committee.