OXFORD PPT<0220> - Results Announcement

Oxford Properties & Finance Limited announced on 20/10/2000:
(stock code: 220)
Year end date: 31/1/2001
Currency: HK$                                               (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/2/2000    from 1/2/1999
                                           to 31/7/2000     to 31/7/1999

Turnover                                 : 37,657,796       34,217,017
Profit/(Loss) from Operations            : 28,046,117       25,244,478
Finance cost                             : (8,523,317)      (7,355,677)
Share of Profit/(Loss) of Associates     : 206,427          153,027
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 15,586,619       14,113,064
% Change over Last Period                : +10%
EPS/(LPS)-Basic                          : 23 cents         21 cents
         -Diluted                        : -                -
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 15,586,619       14,113,064
Interim Dividend per Share               : 8 cents          8 cents
(Specify if with other options)          : -                -
B/C Dates for Interim Dividend           : 15/11/2000 to 17/11/2000 bdi.
Payable Date                             : 15/12/2000
B/C Dates for (-) General Meeting        : N/A
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A

Remark:

For the adoption of SSAP1 "Presentation of Financial Statements", certain 
comparative figures have been reclassified to conform with the current 
period's presentation.