SOUNDWILL HOLD<00878> - Further Results Announcement

Market Participants are requested to note that further to the final 
results announcement of Soundwill Holdings Limited (the "Company") 
released on AMS/3 trading terminal, the Company subsequently notified the 
Exchange the remarks as follows:

"(1) Profit/(loss) per share

The calculation of basic and diluted profit/(loss) per share are based on 
current year's profit attributable to shareholders for the year of 
HK$61,806,000 (31 December 2002: loss of HK$411,771,000).

The basic profit/(loss) per share is based on the weighted average of 
62,942,243 shares (31 December 2002: 62,328,043 shares, restated) in issue 
during the year.

On 4 April 2003, every 50 issued shares of the Company was consolidated 
into 1 issued share (the "Issued Share Consolidation") and the deemed 
weighted average number of shares for the year ended 31 December 2002 as 
if the Issued Share Consolidation had been occurred on 1 January 2002 was 
62,328,043 (3,116,402,151 before restatement) shares.

The diluted profit per share is based on 62,964,997 shares which is the 
weighted average number of shares in issue during the year plus the 
weighted average of 22,754 shares deemed to be issued if all the 
outstanding potential ordinary shares representing 820,000 share options 
granted with an exercise price of HK$1.5 per share were exercised. 

No diluted loss per share has been calculated for the corresponding year 
ended 31 December 2002 because the conversion / exercise of the 
outstanding potential ordinary shares would have been anti-dilutive for 
the year.

(2) Dividend
The Board is pleased to announce final dividend of HK$0.02 (2002: Nil) per 
share for the year ended 31 December 2003 to shareholders whose names 
appear on the register of members on 31 May 2004 (the "Record Date").  
Subject to the approval of the shareholders at the forthcoming annual 
general meeting, the final dividend will be dispatched on or before 18 
June 2004.

(3) Bonus issue of shares 

On 21 April 2004, the Board announced that it proposed to make a bonus 
issue of shares (the "Bonus Issue") on the basis of one bonus shares for 
every 5 shares of HK$0.10 each held by the shareholders of the Company 
whose names appear on the register of members of the Company on the Record 
Date.  Details of the Bonus Issue will be contained in the circular to be 
dispatched to the shareholders as soon as practicable.

(4) Change in presentation if comparative figures
Certain comparative figures have been restated to conform with the current 
period's presentation. There is no impact on the Group's results for the 
pervious year."