OCEAN INFORM<0497> - Results Announcement

Ocean Information Holdings Limited announced on 2/12/1999:
(stock code: 497)
Year end date: 31/3/2000
Currency: HK$
                                                            Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/1999    from 1/4/1998
                                           to 30/9/1999     to 30/9/1998
                                           ('000)           ('000)
Turnover                                 : 494,140          586,035
Profit-Continuing Operations
    - Operating Profit/(Loss)            : 31,314           21,651
    - Exceptional Items                  : (2,620)          (7,850)
    - Discontinued Operations            : -                -
Total Operating Profit/(Loss)            : 28,694           13,801
Share of Profit/(Loss) of
  Associated Companies & Jointly
  Controlled Entity                      : 420              (822)
Profit/(Loss) after Tax & MI             : 26,046           11,542
% Change over Last Period                : +125.7%
EPS/(LPS)-Basic                          : 8.20 cents       3.65 cents
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 26,046           11,542
Interim Dividend per Share               : 1.5 cents        1 cent
(Specify if with other options)          : N/A              N/A
B/C Dates for Interim Dividend           : 17/12/1999 to 24/12/1999 bdi.
Payable Date                             : 31/12/1999
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)  Exceptional item represent write down of short term investments to 
market value.

(2)  Diluted earnings per share is not disclosed as it would not be 
materially different from the basic earnings per share had it been 
calculated on the basis that the share options outstanding as at
30th September, 1999 were exercised in full.