SHAW BROTHERS<00080> - Results Announcement

Shaw Brothers (Hong Kong) Limited announced on 22/06/2006:
(stock code: 00080 )
Year end date: 31/03/2006
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/04/2005    from 01/04/2004
                                     to 31/03/2006      to 31/03/2005
                               Note  ($         )       ($         )
Turnover                           : 54,156,000         72,516,000        
Profit/(Loss) from Operations      : (5,503,000)        (2,734,000)       
Finance cost                       : N/A                N/A               
Share of Profit/(Loss) of 
  Associates                       : 302,907,000        185,034,000 (Note 4)      
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 297,404,000        182,300,000       
% Change over Last Period          : +63.14    %
EPS/(LPS)-Basic (in dollars)       : 0.75               0.46              
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 297,404,000        182,300,000       
Final Dividend                     : 34.0 cents         22.0 cents
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Final Dividend                   : 01/09/2006         to 06/09/2006 bdi.
Payable Date                       : 26/10/2006
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 year of HK$297,404,000 (2005: 
HK$182,300,000) and on 398,390,400 ordinary shares in issue throughout the 
two years ended 31st March 2006

3.      Distributable reserves          
                                                                        
Distributable reserves of the Company at 31st March 2006, calculated under 
Section 79B of the Hong Kong Companies Ordinance, amounted to HK$1,579,
259,000 (2005: HK$1,576,835,000)

4.      The adoption of HKAS 1 has affected the presentation of share of 
net after-tax results of associates and other disclosures.  In prior 
years, the Group's share of taxation of associates accounted for using the 
equity method was included as part of the Group's income tax in the 
consolidated income statement.  With effect from 1st April 2005, in 
accordance with the implementation guidance in HKAS 1, the Group has 
changed the presentation and includes the share of taxation of associates 
accounted for using the equity method in the respective share of the
associates' profits less losses reported in the consolidated income 
statement before arriving at the Group's profit or loss before income tax.