SHAW BROTHERS<00080> - Results Announcement (Summary)

Shaw Brothers (Hong Kong) Limited announced on 5/12/2001:
(stock code: 80)
Year end date: 31/3/2002
Currency: HK$                                               (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/2001    from 1/4/2000
                                           to 30/9/2001     to 30/9/2000
                  
Turnover                                 : 33,895,000       12,730,000
Profit from Operations                   : 303,000          470,044,000
Finance cost                             : (6,000)          (294,000)
Share of Profit of Associates            : 79,090,000       68,886,000
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit after Tax & MI                    : 64,611,000       527,243,000
% Change over Last Period                : -87.75%
EPS  -Basic                              : $0.16            $1.32
     -Diluted                            : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit after ETD Items                   : 64,611,000       527,243,000
Interim Dividend per Share               : 10.0 cents       10.0 cents
(Specify if with other options)          : N/A              N/A
B/C Dates for Interim Dividend           : 5/1/2002 to 22/1/2002 bdi.
Payable Date                             : 22/1/2002
B/C Dates for (-) General Meeting        : -
Other Distribution for Current Period    : -
B/C Dates for Other Distribution         : -

Remarks:

                                6 months                6 months
                                ended                   ended
                                30/ 9/ 2001             30/ 9/ 2000
                                HK$                     HK$
                                                
1. Turnover                                             
     - Continuing               33,895,000              12,730,000 
                                ============            ==========
                                                
2. Profit from Operations before finance cost                         

                                        HK$             HK$
        - Continuing                                    
       Profit / (Loss) from Ordinary Activities                         
                                        303,000         (1,936,000)
       Gain on disposal of film library                                 
                                          -             471,980,000
                                ------------------    -----------------
Total Operating Profit before finance cost                             
                                        303,000         470,044,000 
                                      ===========       ===========
                                                
3.  EPS - Basic (Note)                  HK$0.16             HK$1.32
                                       =========            =======
Note:                                          
                                                
The calculation of earnings per share - basic, is based on earnings 
for the period and on 398,390,400 ordinary shares in issue throughout the 
two six-month periods ended 30th September.