MEDIANATION<08160> - Results Announcement (Final, 2004, Summary)


MediaNation Inc. announced on 21/03/2005:
(stock code: 08160 )

Year end date                         :31/12/2004
Currency                              :HKD
Auditors' report                      :Unqualified


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

                                             (Audited)         (Audited)
                                              Current Last Corresponding
                                               Period            Period
                                       from 01/01/2004   from 01/01/2003
                                         to 31/12/2004     to 31/12/2003
                                                 $'000             $'000

Turnover                              :        439,601           375,568
Profit/(Loss) from Operations         :       (20,147)         (158,018)
Finance cost                          :           (29)           (1,568)
Share of Profit/(Loss) of Associates  :         31,005            23,264
Share of Profit/(Loss) of Jointly
         Controlled Entites           :            N/A               N/A
Profit/(Loss) after Taxation & MI     :          2,526         (143,775)
% Change Over the Last Period         :            N/A
EPS / (LPS)
          Basic (in dollar)           :     HKD 0.0014      (HKD 0.1325)
          Diluted (in dollar)         :            N/A               N/A
Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A
Profit (Loss) after ETD Items         :         2,526          (143,775)
Final Dividends per Share             :            NIL               NIL
(specify if with other options)       :            N/A               N/A
B/C Dates for Final 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
MediaNation Inc.

Signature :
Name      : Cheng Ka Chung, Michael
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. Profit/(loss) per share
    The calculation of basic profit/(loss) per share is based on
    the Group's net profit/(loss) attributable to shareholders
    of approximately HK$2,526,000 (2003: loss of HK$143,775,000)
    and the weighted average of 1,803,488,985 ordinary shares in
    issue during the year (2003: weighted average of
    1,085,387,435 ordinary shares after the Open Offer). The
    diluted profit per share for the year ended 31 December 2004
    is not presented because the effect of the assumed conversion
    of all potential dilutive securities is anti-dilutive.