SHAW BROTHERS<00080> - Results Announcement

Shaw Brothers (Hong Kong) Limited announced on 29/11/2006:
(stock code: 00080 )
Year end date: 31/03/2007
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/04/2006    from 01/04/2005
                                     to 30/09/2006      to 30/09/2005
                               Note  ($         )       ($         )
Turnover                           : 20,141,000         30,570,000        
Profit/(Loss) from Operations      : (7,072,000)        (2,217,000)       
Finance cost                       : N/A                N/A               
Share of Profit/(Loss) of 
  Associates                    3  : 120,040,000        139,477,000       
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 112,968,000        137,260,000       
% Change over Last Period          : -17.7     %
EPS/(LPS)-Basic (in dollars)       : 0.28               0.34              
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 112,968,000        137,260,000       
Interim Dividend                   : 5 CENTS            6 CENTS
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Interim Dividend                 : 13/01/2007         to 25/01/2007 bdi.
Payable Date                       : 25/01/2007
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 equity holders of the Company for the period of 
HK$112,968,000 (2005: HK$137,260,000) and on 398,390,400 ordinary shares 
in issue throughout the two six-month periods ended 30th September 2006 
and 2005.  No fully diluted earnings per share is presented as there were 
no potentially dilutive shares outstanding.  
        
3.              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.  Following the adoption of HKAS 1, the 
Group 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.