09:51     TELEEYE HOLDING<08051> - Quarterly Results Announcement             

    TeleEye Holdings Limited announced on 12/05/2005:                         
    (stock code: 08051 )                                                      
    Year end date: 30/06/2005                                                 
    Currency: HKD                                                             
    Auditors' Report: N/A                                                     
    Interim report reviewed by: Audit Committee                               
                                                                              
    Important Note:                                                           
                                                                              
    This result announcement form only contain extracted information          
    from and should be read in conjunction with the detailed results          
    announcement of the issuer, which can be view on the GEM website          
    at http://www.hkgem.com                                                   
                                                            (Unaudited )      
                                         (Unaudited )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/07/2004    from 01/07/2003   
                                         to 31/03/2005      to 31/03/2004     
                                   Note  ('000      )       ('000      )      
    Turnover                           : 19,878             21,890            
    Profit/(Loss) from Operations      : (2,049)            (650)             
    Finance cost                       : 0                  0                 
    Share of Profit/(Loss) of                                                 
      Associates                       : 0                  0                 
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : (1,877)            (685)             
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)       : (0.0104)           (0.0038)          
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : (1,877)            (685)             
    3rd Quarter Dividend               : N/A                N/A               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
    B/C Dates for                                                             
      3rd Quarter 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                                  
                                                                              
            For and on behalf of                                              
            TeleEye Holdings Limited                                          
    Name :  DR. CHAN CHOK KI                                                  
    Title : CHAIRMAN & CEO                                                    
                                                                              
    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 unaudited third quarterly results have been prepared in               
    accordance with the applicable disclosure requirements of Chapter         
    18 of the Rules Governing the Listing of Securities on the Growth         
    Enterprise Market of The Stock Exchange of Hong Kong Limited.             
                                                                              
    2. Principal accounting policies                                          
    The Quarterly Financial Information has been prepared under the           
    historical cost convention as modified for the revaluation of             
    investment in securities.                                                 
                                                                              
    The accounting policies adopted in preparing the                          
    Quarterly Financial Information are consistent with those followed        
    in the preparation of the Group's annual financial statements for         
    the year ended 30 June 2004.                                              
                                                                              
    3. Basic loss per share                                                   
    The calculation of basic loss per share is based on the loss              
    for the nine months ended 31 March 2005 of approximately                  
    HK$1,877,000 (nine months ended 31 March 2004: a loss of                  
    approximately HK$685,000) and 180,000,000 ordinary shares                 
    in issue during the nine months ended 31 March 2005 (nine                 
    months ended 31 March 2004: 180,000,000 ordinary shares).                 
                                                                              
    No disclosure of diluted loss per share for the                           
    nine months ended 31 March 2005 and 2004 is shown as                      
    the effect of the potential ordinary shares in issue would result         
    in a decrease in loss per share for both periods presented.