09:51 MEDIA PARTNERS<08072> - Quarterly Results Announcement (1) Media Partners International Holdings Inc. announced on 12/05/2005: (stock code: 08072 ) 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 : 75,564 68,502 Profit/(Loss) from Operations : (178) 2,835 Finance cost : (2,912) (3,664) Share of Profit/(Loss) of Associates : 1,364 1,322 Share of Profit/(Loss) of Jointly Controlled Entites : 7,115 5,158 Profit/(Loss) after Taxation & MI : 2,400 1,415 % Change Over the Last Period : +69.61% EPS / (LPS) Basic (in dollar) : HKD 0.0028 HKD 0.0017 Diluted (in dollar) : HKD 0.0027 N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit (Loss) after ETD Items : 2,400 1,415 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 Media Partners International Holdings Inc. Signature : Name : Mr. Stephen Cheuk Kin LAW Title : Company Secretary 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. Principal accounting policies and basis of presentation The consolidated profit and loss account for the three months ended 31st March, 2005 has not been audited by the Company's auditors but has been reviewed by the Company's audit committee. The financial information presented has been prepared in accordance with accounting policies which conform with all applicable Hong Kong Financial Reporting Standards (which includes all applicable Statements of Standard Accounting Practice and Interpretations) issued by the Hong Kong Institute of Certified Public Accountants ("HKICPA"), accounting principles generally accepted in Hong Kong and the disclosure requirements of the GEM Listing Rules of the Hong Kong Stock Exchange as applicable to quarterly reports. All significant intra-group transactions and balances have been eliminated on consolidation.