SOUNDWILL HOLD<0878> - Further Results Announcement

Further to the release of final results announcement of Soundwill Holdings 
Limited (the "Company") on Teletext today (23/5/2000), the Company 
subsequently notified the Exchange that the remark on Loss for Continuing 
Operation is as follows:-

"Loss for Continuing Operation

The provision for diminution in value of properties of HK$488,268,000, 
provision for doubtful debts of HK$16,226,000, loss on disposal of land 
and buildings, plant and equipment of HK$8,976,000 and loss on disposal of 
subsidiaries of HK$37,406,000 were already included in the loss for 
continuing operation of HK$694,691,000 for the year ended 31 December 
1999.