HENDERSON CHINA<0246> - Results Announcement

Henderson China Holdings Limited announced on 23/3/2000:
(stock code: 246)
Year end date: 30/6/2000
Currency: HKD                                               (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/7/1999    from 1/7/1998
                                           to 31/12/1999    to 31/12/1998
                                         
Turnover
    - Continuing                         : 128,779,000      186,287,000
    - Discontinued                       : N/A              N/A
Operating Profit/(Loss)
    - Continuing                         : 61,915,000       56,401,000
    - Discontinued                       : N/A              N/A
Total Operating Profit/(Loss)            : 61,915,000       56,401,000
Share of Profit/(Loss) of
  Associated Companies                   : (26,482,000)     16,288,000
Share of Profit/(Loss) of
  Jointly Controlled Entities            : Nil              Nil
Profit/(Loss) after Tax & MI             : 33,944,000       72,410,000
% Change over Last Period                : -53%
EPS/(LPS)-Basic                          : $0.07            $0.15
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : Nil              Nil
Profit/(Loss) after ETD Items            : 33,944,000       72,410,000
Interim Dividend per Share               : $0.06            $0.10
(Specify if with other options)          : -                -
B/C Dates for Interim Dividend           : 18/4/2000 to 19/4/2000 bdi.
Payable Date                             : 26/4/2000
B/C Dates for (-) General Meeting        : -              
Other Distribution for Current Period    : Nil            
B/C Dates for Other Distribution         : -               

Remark:

The calculation of earnings per share is based on the profit attributable 
to shareholders of HK$33,944,000 (1998 - HK$72,410,000) and on
496,776,205 ordinary shares (1998 - 496,776,205 ordinary shares) in issue 
during the period under review.