MAGNUM INT'L<0305> - Results Announcement

Magnum International Holdings Limited announced on 5/9/2000:
(stock code: 305)
Year end date: 31/12/2000
Currency: HK$                                               (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2000    from 1/1/1999
                                           to 30/6/2000     to 30/6/1999
             
Turnover - Continuing Operation          : 24,614,155       11,323,842
              - Discontinued Operation   : 0                2,252,260
Profit/(Loss) from Operations 
              - Continuing Operation     : 1,682,707        (8,106,101)
              - Discontinued Operation   : 0                (29,413,152)
Finance cost                             : (5,682,192)      (3,204,325)
Share of Profit/(Loss) of Associates     : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : (4,335,295)      (41,068,748)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : (0.70 cent)      (6.68 cents)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : (4,335,295)      (41,068,748)
Interim Dividend per Share               : Nil              Nil
(Specify if with other options)          : -                -
B/C Dates for Interim Dividend           : -
Payable Date                             : -
B/C Dates for (-) General Meeting        : -
Other Distribution for Current Period    : -
B/C Dates for Other Distribution         : -

Remark:

Due to the adoption of the new Statements of Standard Accounting Practice 
("SSAPs") during the current period, the presentation of the profit and 
loss account has been revised to comply with the new requirements.  
Accordingly, certain comparative figures have been reclassified to conform 
with the current period's presentation.