KING PACIFIC<0072> - Results Announcement

King Pacific International Holdings Limited announced on 30/1/2001:
(stock code: 72)

The auditors' report on the financial statements which contain the 
following result is qualified by the Company's auditors.  For more 
details, please refer to the press announcement to be issued by the 
Company on 31/1/2001.

Year end date: 31/3/2000
Currency: HK$                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/1999    from 1/4/1998
                                           to 31/3/2000     to 31/3/1999
             
Turnover                                 : 1,964,022,929    1,733,508,622
Profit/(Loss) from Operations            : (169,692,552)    (170,902,069)
Finance cost                             : (19,221,352)     (18,392,870)
Share of Profit/(Loss) of Associates     : (3,052,672)      (3,476,924)
Share of Profit/(Loss) of
  Jointly Controlled Entities            : N/A              (9,579,573)
Profit/(Loss) after Tax & MI             : (190,527,415)    (200,843,324)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : (22.56 cents)    (30.04 cents)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit/(Loss) after ETD Items            : (190,527,415)    (200,843,324)
Final Dividend per Share                 : Nil              Nil
(Specify if with other options)          : N/A              N/A
B/C Dates for Final Dividend             : N/A
Payable Date                             : N/A
B/C Dates for Annual General Meeting     : 20/2/2001 to 26/2/2001 bdi.
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A

Remark:

Accordingly to adoption to HKSSAP1, certain comparative figure has been 
reclassified to conform with current year's presentation.