MIRABELL INT'L<01179> - Results Announcement

Mirabell International Holdings Limited announced on 18/06/2003:
(stock code: 01179 )
Year end date: 28/02/2003
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/03/2002    from 01/03/2001
                                     to 28/02/2003      to 28/02/2002 
                               Note  ('000      )       ('000      )
Turnover                           : 625,616            637,583           
Profit/(Loss) from Operations      : 41,070             35,762            
Finance cost                       : (1,466)            (1,381)           
Share of Profit/(Loss) of 
  Associates                       : 16,304             13,852            
Share of Profit/(Loss) of
  Jointly Controlled Entities      : 0                  0                 
Profit/(Loss) after Tax & MI       : 48,685             42,519            
% Change over Last Period          : +14.5     %
EPS/(LPS)-Basic (in dollars)       : 0.191              0.167             
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 48,685             42,519            
Final Dividend                     : 4.3cents           3.6cents          
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Final Dividend                   : 01/08/2003         to 06/08/2003bdi.
Payable Date                       : 14/08/2003
B/C Dates for (-)            
  General Meeting                  : N/A          
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:

Remarks:

1) Certain comparative figures have been reclassified to conform with the current year's 
presentation.

2) The calculation of basic earnings per share is based on the Group's profit attributable 
to shareholders of HK$48,685,000 (2002: HK$42,519,000) and the weighted average of 
254,530,000 (2002: 254,530,000) ordinary shares in issue during the year.

There is no diluted earnings per share since the Company has no dilutive potential 
ordinary.