10:16     LONGLIFE GROUP<08037> - Quarterly Results Announcement (2)          

                                                                              
    The unaudited condensed results have been prepared in accordance with     
    accounting principles generally accepted in Hong Kong and comply with     
     Hong Kong Financial Reporting Statements issued by the Hong Kong         
    Institute of Certified Public Accountants. The unaudited condensed        
    results have been prepared under the historical cost convention. The      
    accounting policies and methods of computation adopted are consistent     
    with those followed in the preparation of the Group's audited             
    financial statements set out in the annual report for                     
    the year ended 30 September 2004.                                         
                                                                              
                                                                              
    2. DIVIDENDS                                                              
                                                                              
    The Board did not recommend the payment of any interim dividend for       
    the periods ended 31 March 2005 (periods ended 31 March 2004: nil)        
    and proposed that the profit to be retained.                              
                                                                              
                                                                              
    3. EARNINGS PER SHARE                                                     
                                                                              
    Basic earnings per share                                                  
                                                                              
    The calculations of basic earnings per share for the three months and     
    six months ended 31 March 2005 are based on the unaudited consolidated    
    net profit from ordinary activities attributable to shareholders for the  
    periods of approximately HK$12,214,000 and HK$22,036,000,                 
    respectively and on 500,000,000 ordinary shares that have                 
    been in issue throughout the periods.                                     
                                                                              
    For information only, the calculations of basic earnings                  
    per share for the three months and six months ended 31 March 2004         
    are based on the unaudited combined net profit from ordinary activities   
    attributable to shareholders for the periods of approximately             
    HK$12,186,000 and HK$20,169,000, respectively and on 350,500,000          
    ordinary shares that have been in issue throughout the periods on the     
    assumption that the Group Reorganisation and the capitalisation           
     issue had been completed on 1 October 2003.                              
                                                                              
    Diluted earnings per share                                                
                                                                              
    The calculations of diluted earnings per share for the three months       
    and six months ended 31 March 2005 are based on the results of            
    HK$12,214,000 and HK$22,036,000, respectively and on adjusted number      
    of share of approximately 501,264,000 and 501,299,000 ordinary shares     
    that have been in issue throughout the periods respectively               
    on the assumption that the 50,000,000 share options had been exercised    
    on date of grant.                                                         
                                                                              
    For information only, the calculations of diluted earnings per share for  
    the three months and six months ended 31 March 2004 are based on the      
    adjusted results of approximately HK$12,443,000 and HK$20,685,000,        
    respectively, after adjusted the interest on exchangeable bonds           
    ("Exchangeable Bonds") with CITIC Investment Limited,                     
    the principal terms of which are set out in the Prospectus, of            
    approximately HK$257,000 and HK$516,000 respectively and on               
    adjusted number of share of 375,000,000 ordinary shares that have been    
     in issue throughout the periods on the assumption that the Group         
    Reorganisation and the capitalisation issue of 350,500,000 shares of      
    the Company had been effective on 1 October 2003 taking into account      
    the weighted average number of 24,500,000 to be issued upon               
    conversion of Exchangeable Bonds in accordance with the terms             
    of the deed poll constituting the Exchangeable Bonds dated                
    18 September 2003.