NOBLE LINK HOLD<0254> - Results Announcement

Noble Link Holdings Limited anounced on 3/2/2000:
(stock code: 254)

The accounts which contain the following results are modified by the 
Company's auditor.  For more details, please refer to the press 
announcement issued by the Company on 8/2/2000.

Year end date: 30/6/1999
Currency: HKD
                                                            Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/7/1998    from 1/7/1997
                                           to 30/6/1999     to 30/6/1998
                                           ('000)           ('000)
Turnover/Interest Income                 : 288,118          284,910
Profit-Continuing Operations
    - Operating Profit                   : 1,320            8,316
    - Exceptional Items                  : (108,966)        (1,467)
    - Discontinued Operations            : (132,045)        (34,817)
Total Operating Profit/(Loss)            : (239,691)        (27,968)
Share of Profit/(Loss) of
  Associated Companies                   : (23,004)         58
Profit/(Loss) after Tax & MI             : (254,333)        (16,286)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : ($1.21)          (7.8 cents)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : (254,333)        (16,286)
Final Dividend per Share                 : Nil              Nil
(Specify if with other options)          : N/A              N/A
B/C Dates for Final Dividend             : N/A
Payable Date                             : N/A
B/C Dates for (-) General Meeting        : N/A
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A

Remarks:

(1) Details of exceptional items before taxation are as follow:

EXCEPTIONAL ITEMS

                                                 1999           1998
                                                HK$'000        HK$'000

Continuing operations:
 Deficit on revaluation of investment properties49,302            -
 Provision for permanent diminutions in values
 of properties under development and
 deposits paid for investment properties        12,748            -
Loss on disposal of investment properties
 and leasehold land and buildings               29,328          1,467
Provision for doubtful debts                     5,882            -
Provision for diminution's in values of a
 jointly-controlled entity                      11,706            -
                                               ---------     ----------
                                                108,966         1,467

Discontinued operations:
Gain on disposal of subsidiaries                (71,598)          -
Amounts due from former subsidiaries
 written off                                    163,681           -
Expenses incurred for restructuring               4,145           -
Provision for diminmutions in values
 of short term listed investments                  -            3,687
Provision for doubtful debts                      6,500           -
                                              ----------      ---------
                                                102,728         3,687
                                               ---------      --------
                                                211,694         5,154
                                                =======         =====

(2) Negative Statement (Calculation of Diluted Earnings Per Share)

Diluted loss per share for the years ended 30th June, 1998 and 1999 has
not been calculated as no diluting events existed during these two years.


For more details, please refer to the press announcement today.