10:15     TRASY GOLD EX<08063> - Quarterly Results Announcement               

    TRASY GOLD EX LIMITED announced on 12/05/2005:                            
    (stock code: 08063 )                                                      
    Year end date: 31/12/2005                                                 
    Currency: HKD                                                             
    Auditors' Report: N/A                                                     
    Interim report reviewed by: Auditors                                      
                                                                              
    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 01/01/2005    from 01/01/2004   
                                         to 31/03/2005      to 31/03/2004     
                                   Note  ('000      )       ('000      )      
    Turnover                           : 306                601               
    Profit/(Loss) from Operations      : (1,639)            899               
    Finance cost                       : 0                  0                 
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : (1,639)            899               
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)       : (0.00059)          0.00032           
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : (1,639)            899               
    1st Quarter Dividend               : N/A                N/A               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
    B/C Dates for                                                             
      1st 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                                              
            TRASY GOLD EX LIMITED                                             
                                                                              
    Name :  CHAN KEE CHEE, KEITH                                              
    Title : DIRECTOR                                                          
                                                                              
    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:                                                                  
                                                                              
    (Loss) / Earnings per share                                               
                                                                              
    (a) Basic (loss) / earnings per share                                     
                                                                              
    The calculation of basic loss per share for the three                     
    months ended 31 March 2005 is based on the unaudited                      
    consolidated loss attributable to shareholders of                         
    approximately HK$1,639,000 (2004: profit attributable                     
    to shareholders of approximately HK$899,000) and the                      
    weighted average number of 2,779,000,000 (2004: 2,779,000,000)            
    ordinary shares in issue during the three months ended                    
    31 March 2005.                                                            
                                                                              
    (b) Diluted earnings per share                                            
                                                                              
    Diluted loss per share for the three months ended 31 March 2005           
    and 2004 has not been presented as the exercise of share                  
    options granted by the Company would have an anti-dilutive                
    effect.  Besides, as the exercise price of the share options              
    under the Pre-IPO Share Option Plan (the "Pre-IPO Plan")                  
    is higher than the average market value during the period                 
    from 1 January to 31 March respectively in 2005 and 2004,                 
    no potential ordinary share under the Pre-IPO Plan is deemed              
    to be issued; hence, no diluted earnings per share for the                
    three months ended 31 March 2005 and 2004 is provided.