JUSCO STORES<0984> - Results Announcement

Jusco Stores (Hong Kong) Company, Limited announced on 12/5/1999:
(stock code: 984)
Year end date: 28/2/1999
Currency: HK$
                                                            Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/3/1998    from 1/3/1997
                                           to 28/2/1999     to 28/2/1998
                                           ('000)           ('000)
Turnover/Interest Income                 : 2,765,658        2,397,468
Profit-Continuing Operations
    - Operating Profit/(Loss)            : 4,835            72,095
    - Exceptional Items                  : (19,027)         (9,586)
    - Discontinued Operations            : Nil              Nil
Total Operating Profit/(Loss)            : (14,192)         62,509
Share of Profit/(Loss) of
  Associated Companies                   : N/A              N/A
Profit/(Loss) after Tax & MI             : (23,280)         51,483
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : (8.95 cents)     19.80 cents
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit/(Loss) after ETD Items            : (23,280)         51,483
Final Dividend per Share                 : Nil              7 cents
(Specify if with other options)          : Nil              Nil
B/C Dates for Final Dividend             : N/A              
Payable Date                             : N/A
B/C Dates for Annual General Meeting     : 9/6/1999 to 16/6/1999 bdi.
Other Distribution for Current Period    : Nil
B/C Dates for Other Distribution         : N/A

Remark:

The exceptional item of HK$19,027,000 represents pre-operating expenses 
written off.