BENEFUN INT'L<01130> - Results Announcement (Summary)

Benefun International Holdings Limited announced on 10/10/2003:
(stock code: 01130 )
Year end date: 30/06/2003
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/07/2002    from 01/07/2001
                                     to 30/06/2003      to 30/06/2002 
                               Note  ('000      )       ('000      )
Turnover                           : 163,559            137,914           
Profit/(Loss) from Operations      : 4,199              (36,605)          
Finance cost                       : (901)              (1,953)           
Share of Profit/(Loss) of 
  Associates                       : N/A                (26)              
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 2,883              (38,856)          
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : 0.003              (0.0474)          
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 2,883              (38,856)          
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:

Earnings/(loss) per share

The calculation of basic earnings/(loss) per share is based on the 
consolidated profit/(loss) attributable to shareholders of HK$2,883,000 
(2002: loss of HK$38,856,000) divided by the weighted average of 
961,929,000 ordinary shares (2002: 819,463,000 ordinary shares) in issue 
during the year.  Diluted figures are not shown as there is no dilutive 
effect for the year ended 30 June, 2003 (2002: Nil).