TAI SANG LAND<0089> - Results Announcement

Tai Sang Land Development Limited announced on 30/3/2001:
(stock code: 89)
Year end date: 31/12/2000
Currency: HKD                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2000    from 1/1/1999
                                           to 31/12/2000    to 31/12/1999
                                           ('Million)       ('Million)
Turnover                                 : 256.7            196.0 
Profit/(Loss) from Operations            : 131.0            92.8 
Finance cost                             : (34.0)           (32.1)
Share of Profit/(Loss) of Associates     : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 85.5             50.4 
% Change over Last Period                : +69.6%
EPS/(LPS)-Basic                          : 29.7 cents       17.5 cents
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 85.5             50.4
Final Dividend per Share                 : 8 cents          7 cents
(Specify if with other options)          : N/A              N/A
B/C Dates for Final Dividend             : 25/5/2001 to 1/6/2001 bdi.
Payable Date                             : At the close of business of 
                                           1/6/2001
B/C Dates for (-) General Meeting        : N/A
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A

Remark:

The comparative figures for 1999 has been restated to exclude finance 
cost.