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

Benefun International Holdings Limited announced on 5/10/2001:
(stock code: 1130)
Year end date: 30/6/2001
Currency: HKD                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/7/2000    from 1/7/1999
                                           to 30/6/2001     to 30/6/2000
                                           ('000)           ('000)
Turnover                                 : 122,907          95,673
Profit/(Loss) from Operations            : (22,892)         (14,249)
Finance cost                             : (3,424)          (3,948)
Share of Profit/(Loss) of Associates     : (48)             (194)
Share of Profit/(Loss) of
  Jointly Controlled Entities            : NIL              NIL
Profit/(Loss) after Tax & MI             : (26,150)         (19,123)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : ($0.038)         ($0.036)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : NIL              NIL
Profit/(Loss) after ETD Items            : (26,150)         (19,123)
Final Dividend per Share                 : NIL              NIL
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : NIL
Payable Date                             : -
B/C Dates for (-) General Meeting        : NIL
Other Distribution for Current Period    : NIL
B/C Dates for Other Distribution         : NIL

Remark:

Loss per share

The calculation of basic loss per share is based on the consolidated loss 
attributable to shareholders of $26,150,000 (2000:$19,123,000) divided by 
the weighted average of 684,068,000 ordinary shares (2000: 526,881,000 
ordinary shares) in issue during the year.  Fully diluted figures are not 
shown as there is no potential dilutive effect for the year ended 30 June, 
2001.