BENEFUN INT'L<01130> - Results Announcement

Benefun International Holdings Limited announced on 13/10/2006:
(stock code: 01130 )
Year end date: 30/06/2006
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/07/2005    from 01/07/2004
                                     to 30/06/2006      to 30/06/2005
                               Note  ('000      )       ('000      )
Turnover                           : 219,447            206,911           
Profit/(Loss) from Operations      : (5,019)            10,220            
Finance cost                       : (93)               (546)             
Share of Profit/(Loss) of 
  Associates                       : N/A                N/A               
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : (6,130)            5,994             
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : (0.0046)           0.0047            
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : (6,130)            5,994             
Final Dividend                     : NIL                NIL
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Final Dividend                   : N/A   
Payable Date                       : N/A
B/C Dates for (-)            
  General Meeting                  : N/A   
Other Distribution for             : N/A
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A   
  
Remarks:

1.      (Loss)/earnings per share

The calculation of basic (loss)/earnings per share is based on the 
consolidated loss attributable to shareholders of HK$6,130,000 (2005: 
profit HK$5,994,000) divided by the weighted average of 1,331,929,000 
ordinary shares (2005: 1,262,888,000 ordinary shares) in issue during the 
year.  Diluted figures are not shown as there is no dilutive effect for 
the years ended 30 June 2005 and 2006.

2.      Certain comparative figures have been restated due to changes in 
accounting policies.