SHAW BROTHERS<00080> - Results Announcement

Shaw Brothers (Hong Kong) Limited announced on  1/12/2004:
(stock code: 00080 )
Year end date: 31/3/2005
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/4/2004      from 1/4/2003  
                                     to 30/9/2004       to 30/9/2003  
                               Note  ($         )       ($         )
Turnover                           : 46,096,000         25,127,000        
Profit/(Loss) from Operations      : 1,783,000          (3,203,000)       
Finance cost                       : N/A                N/A               
Share of Profit/(Loss) of 
  Associates                       : 66,675,000         44,165,000        
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 57,339,000         35,744,000        
% Change over Last Period          : +60.42    %
EPS/(LPS)-Basic (in dollars)       : 0.14               0.09              
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 57,339,000         35,744,000        
Interim Dividend                   : 5.0 cents          5.0 cents         
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Interim Dividend                 : 8/1/2005           to 26/1/2005 bdi.
Payable Date                       : 26/1/2005 
B/C Dates for (-)            
  General Meeting                  : N/A          
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:

                                                
1.      Turnover and profit from operations are wholly derived from 
continuing operations.
                                                        
2.      EPS - Basic             
                                                                        
The calculation of earnings per share - basic is based on the Group's 
profit attributable to Shareholders for the period of HK$57,339,000 (2003: 
HK$35,744,000) and on 398,390,400 ordinary shares in issue throughout the 
two six-month periods ended 30th September 2004 and 2003.