SHAW BROTHERS<00080> - Results Announcement (Summary)

Shaw Brothers (Hong Kong) Limited announced on 4/12/2002:
(stock code: 80)
Year end date: 31/3/2003
Currency: HK$
Auditors' Report: N/A
Review of Interim Report by: Audit Committee

                                                            (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/2002    from 1/4/2001
                                           to 30/9/2002     to 30/9/2001
 
Turnover                                 : 30,721,000       33,895,000
Profit/(Loss) from Operations            : (1,157,000)      303,000
Finance cost                             : (1,000)          (6,000)
Share of Profit of Associates            : 49,618,000       79,090,000
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 40,686,000       64,611,000
% Change over Last Period                : -37.03%
EPS      -Basic                          : 0.10             0.16
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit after ETD Items                   : 40,686,000       64,611,000
Interim Dividend per Share               : 5.0 cents        10.0 cents
(Specify if with other options)          : N/A              N/A
B/C Dates for Interim Dividend           : 4/1/2003 to 22/1/2003 bdi.
Payable Date                             : 22/1/2003
B/C Dates for (-) General Meeting        : -
Other Distribution for Current Period    : -
B/C Dates for Other Distribution         : -

Remarks:
                                                        
1.      Turnover and profit / (loss) from operations            
                                                        
Turnover and profit / (loss) from operations are wholly derived 
from continuing operations.             
                                                        
                                        6 months ended 30th September   
                                        2002            2001            
                                        HK$             HK$             
Turnover                          30,721,000.00         33,895,000.00   
                                  =============         =============
(Loss) / profit from operations  (1,157,000.00)         303,000.00
                                 ==============         ==========
                                                                        
                        
2.      EPS - Basic (Note )             
                                                                        
                                        6 months ended 30th September   
                                        2002            2001            
                                        HK$0.10         HK$0.16
                                        =======         =======         
Note:                                                          
                                                                        
The calculation of earnings per share - basic is based on the Group's 
profit attributable to shareholders for the period of HK$40,686,000 
(2001:HK$64,611,000) and on 398,390,400 ordinary shares in issue 
throughout the two six-month periods ended 30th September.