UDL HOLDINGS<0620> - Results Announcement

UDL Holdings Limited anounced on 29/11/2000:
(stock code: 620)

The auditors' report on the financial statements which contain the 
following result is qualified by the Company's auditors.  For more 
details, please refer to the press announcement issued by the Company 
on 30/11/2000.

Year end date: 31/3/1999
Currency: HKD
                                                            Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/1998    from 1/4/1997
                                           to 31/3/1999     to 31/3/1998
                                           ('000)           ('000)
Turnover/Interest Income                 : 549,284          1,944,126
Profit-Continuing Operations
    - Operating Profit                   : (244,077)        (186,346)
    - Exceptional Items                  : (133,315)        (534,680)
Discontinuing Operations
    - Operating Loss                     : (137,295)        (92,160)
    - Exceptional Items                  : (457,324)        (924,836)
Total Operating Profit                   : (972,011)        (1,738,022)
Share of Profit/(Loss) of
  Associated Companies                   : (2,386)          (339)
Profit/(Loss) after Tax & MI             : (969,943)        (1,689,392)
% Change over Last Period                : N/A              N/A
EPS/(LPS)-Basic                          : ($23.1)          ($44.2)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit/(Loss) after ETD Items            : (969,943)        (1,689,392)
Final Dividend per Share                 : NIL              NIL
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : N/A
Payable Date                             : N/A
B/C Dates for (-) General Meeting        : N/A
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A

For the remarks on the exceptional items and the calculation of earnings 
per share, please refer to the press announcement today.

For more details, please refer to the press announcement today.