WING LUNG BANK<00096> - Results Announcement

Wing Lung Bank Limited announced on 23/02/2005:
(stock code: 00096 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2004    from 01/01/2003
                                     to 31/12/2004      to 31/12/2003
                               Note  ('000      )       ('000      )
Net Interest Income                : 1,071,560          1,119,830         
Profit/(Loss) from Operations      : 1,215,385          1,007,041         
Finance cost                       : N/A                N/A               
Share of Profit/(Loss) of 
  Associates                       : 415                438               
Share of Profit/(Loss) of
  Jointly Controlled Entities      : 11,495             2,600             
Profit/(Loss) after Tax & MI       : 1,031,685          858,804           
% Change over Last Period          : +20.1     %
EPS/(LPS)-Basic (in dollars)       : 4.44               3.70              
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 1,031,685          858,804           
Final Dividend                     : $1.98              $1.38
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Final Dividend                   : 15/04/2005         to 23/04/2005 bdi.
Payable Date                       : 23/04/2005
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.      The accounting policies used in preparing these annual results are 
consistent with those adopted in the 2003 annual accounts.

2.       The calculation of earnings per share is based on the Group's 
profit attributable to shareholders of HK$1,031,685,000 
(2003: HK$858,804,000) and 232,190,115 (2003: 232,190,115) shares in issue 
during the year.