KING PACIFIC<0072> - Results Announcement

King Pacific International Holdings Limited announced on 8/5/2001:
(stock code: 72)

Please refer to the press announcement for the details of the 
audit committee's review report on the interim financial statement, to be 
issued by the Company on 9/5/2001.

Year end date: 31/3/2001
Currency: HKD                                               (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/2000    from 1/4/1999
                                           to 30/9/2000     to 30/9/1999

Turnover                                 : 307,773,000      1,314,392,000
Profit/(Loss) from Operations            : (20,839,000)     13,954,000
Finance cost                             : (6,795,000)      (6,235,000)
Share of Profit/(Loss) of Associates     : -                (222,000)
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                (3,458,000)
Profit/(Loss) after Tax & MI             : (27,634,000)     5,805,000
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : (3.01 cents)     0.71 cent
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit/(Loss) after ETD Items            : (27,634,000)     5,805,000
Interim Dividend per Share               : NIL              NIL
(Specify if with other options)          : N/A              N/A
B/C Dates for Interim Dividend           : N/A              
Payable Date                             : N/A
B/C Dates for (-) General Meeting        : N/A              
Other Distribution for Current Period    : N/A              
B/C Dates for Other Distribution         : N/A

Remarks:

(1) Following the release of the interim results announcement of the 
Company on teletext on 8/5/2001, the Company subsequently notified the 
Exchange that due to clerical mistake made by the Company, the Basic 
Earnings per Share for the current period should be (3.01 cents) instead 
of (3.00 cents).

(2) Accordingly to adoption to HKSSAP 1, certain comparative figure has 
been reclassified to conform with current year's presentation.            
  
For more details, please refer to the press announcement today.