EXCEL TECH<08048> - Results Announcement

Excel Technology International Holdings Limited announced on 21/03/2005:
(stock code: 08048 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: Unqualified

Important Note:

This result announcement form only contain extracted information
from and should be read in conjunction with the detailed results 
announcement of the issuer, which can be view on the GEM website
at http://www.hkgem.com

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2004    from 01/01/2003
                                     to 31/12/2004      to 31/12/2003
                               Note  ('000      )       ('000      )
Turnover                           : 162,888            184,713           
Profit/(Loss) from Operations      : (26,845)           (27,285)          
Finance cost                       : (382)              (417)             
Share of Profit/(Loss) of 
  Associates                       : 4,727              2,107             
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : (20,962)           (26,529)          
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : (0.0213)           (0.0269)          
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : (20,962)           (26,529)          
Final Dividend                     : N/A                N/A
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Final 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   


	For and on behalf of 
	Excel Technology International Holdings Limited
  
Name :  Zee Chan Mei Chu, Peggy
Title : Chairman  

Responsibility statement 
  
The directors of the Company (the "Directors") as at the date hereof
hereby collectively and individually accept full responsibility for
the accuracy of the information contained in this results announcement
form (the "Information") and confirm, having made all reasonable 
inquiries, that to the best of their knowledge and belief the 
Information are accurate and complete in all material respects and
not misleading and that there are no other matters the omission of
which would make the Information herein inaccurate or misleading. The
Directors acknowledge that the Stock Exchange has no responsibility
whatsoever with regard to the Information and undertake to indemnify
the Exchange against all liability incurred and all losses suffered
by the Exchange in connection with or relating to the Information. 

Remarks:

1. Basis of presentation

   The financial information has been prepared in accordance with all applicable
   Statements of Standard Accounting Practice (¡§SSAP¡¨) and Interpretations
   issued by the Hong Kong Institute of Certified Public Accountands 
   (the "HKICPA"), accounting principles generally accepted in Hong Kong 
    and the disclosure requirements of the Hong Kong Companies Ordinance.
   
   The financial information also complies with the applicable disclosure
   requirements of the Growth Enterprise Market operated by The Stock
   Exchange of Hong Kong Limited.

   The measurement basis used in the preparation of the financial information
   is historial cost modified by the marking to market of certain investments
   in securities at the balance sheet date.

   All significant intra-group transactions and balances have been
   eliminated on consolidation.

2. Potential impact arising from the recently issued accounting 
       standards

    In 2004, the HKICPA issued a number of new or revised Hong
    Kong Accounting Standards ("HKASs") and Hong Kong 
    Financial Reporting Standards ("HKFRSs") (herein collectively  
    referred to as "new HKFRSs") which are effective for accounting
    periods beginning on or after 1 January 2005.  The Group has not
    early adopted these new HKFRSs in the financial statements for the 
    year ended 31 December 2004.

   The Group has commenced considering the potential impact of these new 
   HKFRSs but is not yet in a position to determine whether these HKFRSs  
   would have a significant impact on how its results of operations and 
   financial position are prepared and presented.  These HKFRSs may result 
   in changes in the future as to how the results and financial position are 
   prepared and presented.

3. Turnover

   The principal activities of the Group are engaged in the development, 
   sales and implementation of enterprise software and the provision of 
   systems integration, professional services and ASP services.

   Turnover represents the aggregate of the net amounts received and
   receivable from the sale of enterprise software products, and the provision
   of application, systems integration and professional services during the year.

4. Loss per share

   The calculation of the basic loss per share is based on the net loss attributable
   to shareholders of HK$20,962,000 (2003: HK$26,529,000) and the
    985,050,000 (2003: 985,050,000) shares in issue during the year.
 
   No diluted loss per share has been presented as the exercise price of the
   options was higher than the average market price per share.  Thus no exercise
   of the Company's outstanding options is assumed .