ROAD KING INFRA<1098> - Results Announcement

Road King Infrastructure Limited announced on 5/4/2000:
(stock code: 1098)
Year end date: 31/12/1999
Currency: HKD                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/1999    from 1/1/1998
                                           to 31/12/1999    to 31/12/1998
                                           ('000)           ('000)
Turnover
    - Continuing                         : 243,150          303,301
    - Discontinued                       : -                -
Operating Profit/(Loss)
    - Continuing                         : 388,236          271,727
    - Discontinued                       : -                -
Total Operating Profit                   : 388,236          271,727
Share of Profit/(Loss) of
  Associated Companies                   : -                -
Share of Operating Profit/(Loss) of
  Infrastructure Joint ventures          : 370,679          348,848
Profit after Tax & MI                    : 610,333          480,355
% Change over Last Period                : +27.06%
EPS/(LPS)-Basic                          : $1.07            $0.84
         -Diluted                        : $1.03            $0.83
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit after ETD Items                   : 610,333          480,355
Final Dividend per Share                 : $0.22            $0.23
(Specify if with other options)          : N/A              N/A
B/C Dates for Final Dividend             : 2/5/2000 to 8/5/2000 bdi.
Payable Date                             : 15/5/2000
B/C Dates for Annual General Meeting     : 2/5/2000 to 8/5/2000 bdi.
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A

Remarks:

(1) Earnings per share

The calculation of the basic and diluted earnings per share is based on 
the following data:

                                           1/1/1999         1/1/1998
                                           to               to
                                           31/12/1999       31/12/1998
                                           HK$'000          HK$'000

Profit for the year                        610,333          480,355
Convertible preference shares              (38,879)         (21,623)
 dividend

Earnings for the purposes of basic
 earnings per share                        571,454          458,732

Effect of dilutive potential
 ordinary shares:
 Convertible preference shares              38,879            21,623
 dividend

Earnings for the purposes of
 diluted earnings per share                610,333          489,355
                                           =======          =======

Weighted average number                    533,106,846      542,994,630
 of ordinary shares for
 the purposes of basic earnings
 per share

Effect of dilutive potential
 ordinary shares:
 Convertible preference shares             60,558,411       33,680,431
 Options                                       17,891       41,654

Weighted average number of
 ordinary shares for the purposes
 of diluted earnings per share             593,683,148      576,716,715
                                           ===========      ===========


(2) Comparative figures have been reclassified to conform with the 
requirements of Statements of Standard Accounting Practice (SSAP 1 
(Revised)).