Listed Company Information
 

SHANGHAI GROWTH<00770> - Results Announcement (Summary)

Shanghai International Shanghai Growth Investment Ltd. announced on 
21/09/2004:
(stock code: 00770 )
Year end date: 31/12/2004
Currency: USD
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2004    from 01/01/2003
                                     to 30/06/2004      to 30/06/2003 
                               Note  ($         )       ($         )
Turnover                           : 1,191,162          753,718           
Profit/(Loss) from Operations      : 2,547,761          8,663             
Finance cost                       : N/A                N/A               
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       : 2,547,761          1,208,663         
% Change over Last Period          : +111      %
EPS/(LPS)-Basic (in dollars)       : 0.2861             0.1357            
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 2,547,761          1,208,663         
Interim Dividend                   : NIL                NIL               
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Interim 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:

Shanghai International Shanghai Growth Investment Limited
For the six months ended June 30, 2004
Explanatory notes on results announcement form


(1) Turnover of last corresponding period was restated due to a change in 
definition by excluding gains / losses on sale of investment in securities

(2) The calculation of basic earnings per share is based on the net profit 
for the period of US$2,547,761 (for the six months ended June 30, 2003: 
US$1,208,663) and 8,905,000 (for the six months ended June 30, 2003: 
8,905,000) ordinary shares in issue during the period.

No diluted earnings per share have been presented as the Company has no 
dilutive potential ordinary shares outstanding during both periods.