OXFORD PPT<0220> - Results Announcement

Oxford Properties & Finance Limited announced on 26/5/2000:
(stock code: 220)
Year end date: 31/1/2000
Currency: HK$                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/2/1999    from 1/2/1998
                                           to 31/1/2000     to 31/1/1999
                                           ('000)           ('000)
Turnover
    - Continuing                         : 66,265           81,863
    - Discontinued                       : -                -
Operating Profit/(Loss)
  (after deduction of finance cost)
    - Continuing                         : 31,670           51,020
    - Discontinued                       : -                -
Total Operating Profit/(Loss)            : 31,670           51,020
Share of Profit/(Loss) of
  Associated Companies                   : 269              208
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 24,604           40,135
% Change over Last Period                : -38.70%
EPS/(LPS)-Basic                          : 36.3 cents       59.2 cents
         -Diluted                        : -                -
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 24,604           40,135
Final Dividend per Share                 : 20 cents         30 cents
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : 3/7/2000 to 14/7/2000 bdi.
Payable Date                             : 11/8/2000
B/C Dates for Annual General Meeting     : 3/7/2000 to 14/7/2000 bdi.                
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : -  

Remark:

Further to the release of final results announcement on teletext on 
26/5/2000, the Company subsequently notified the Exchange that the book 
closing dates for Annual General Meeting should be 3/7/2000 to 14/7/2000 
(both dates inclusive).

For more details, please refer to the press announcement today.