HONG KONG, Dec. 16 /Xinhua-PRNewswire-FirstCall/ -- Emperor International
Holdings Limited (Stock code: 163; ADR Symbol: EPRRY) and Emperor
Entertainment Hotel Limited (Stock code: 296) announced their interim results
for the six months ended 30 September 2005 (''Review Period'').

    Highlights
    Emperor International Holdings Limited
     -- Turnover rose 18.9% from last corresponding period to HK$496.9 million
     -- Profit attributable to shareholders surged 168.5% to HK$446.6 million
     -- Rental income increased substantially
     -- Strong gains from the revaluation of existing investment properties
        and development projects in Hong Kong
     -- Interim dividend of 5 HK cents

    Emperor Entertainment Hotel Limited
     -- The Grand Emperor Hotel will commence business in January 2006
     -- Gaming vessel the "Golden Princess" achieved promising results
     -- Shanghai project received revaluation gain
     -- Interim dividend of 1 HK cent

    Emperor International Holdings Limited (''the Group'' or ''EIH'')
For the six months ended 30 September 2005, EIH recorded turnover growth of
18.9% putting its turnover at HK$496.9 million (2004: HK$417.9 million).
Profit attributable to shareholders surged 168.5% to reach HK$446.6 million
(2004: HK$166.3 million).
    Ms. Vanessa Fan, Managing Director of the Group, said, ''We are delighted
to report that we have achieved encouraging results during the review period.
This was mainly due to increased rental income against a recovering property
market and gains from the revaluation of our existing investment properties
and development projects in Hong Kong.  The increased returns from the
securities brokerage and consultancy business also contributed to the profit
surge.''
    Ms. Fan continued, ''to ensure our long-term development, we strategically
disposed of part of our non-core business during the said period.  The move
has enabled us to reallocate resources and concentrate on the property and
financial businesses with higher profit margins and greater potential for
growth.''

    Property Development and Investment
    This business segment accounted for 12.6% of the Group's total turnover.
    As the Hong Kong market continued to improve in the first half of 2005,
the Group's property-related operations have seen income growing steadily and
significantly. The total income of these related segments amounted to HK$62.8
million (2004: HK$44.5 million) and profit reached HK$511.2 million (2004:
HK$187.9 million).  Among the contributions, turnover from leasing investment
properties rose 42% to approximately HK$62.6 million (2004: HK$44.2 million)
while profit soared 46% to approximately HK$54.3 million (2004: HK$37.2
million).  The Group also received contribution from property revaluation of
HK$457.3 million.
    The total value of the Group's property portfolio in Hong Kong, of an
aggregate gross floor area of over 800,000 square feet, exceeded HK$4.4
billion.
    The Group had recently acquired two properties in Macau for long term
rental income.  It also planned to commence construction of Phase II of
Riverside Garden at Xiamen, PRC in the first half of 2006.  During the Period,
the Group had completed the basement excavation and foundation works of the
commercial complex redevelopment at the Lido, Repulse Bay.  In addition, the
Group had acquired an additional 23,555 square feet land adjacent to its
development site in DD210 in Sai Kung.  The Group plans to develop high-end
residences at the site with a total floor area increasing to 32,670 square
feet.

    Hotel
    The Emperor (Happy Valley) Hotel reported a turnover of approximately
HK$28.6 million making up mainly of rental income from its 150 guest rooms,
karaoke lounge and Chinese restaurant.  Subsequent to the completion of
guestroom refurbishment, profit reached HK$501,000 and cashflow amounted to
HK$7.4 million.
    Answering to the popular demand for karaoke facilities, the Group had
converted a floor in the Emperor Hotel in December 2005 into karaoke rooms and
it expects these additional karaoke rooms to bring in higher revenue.

    Securities Brokerage and Consultancy Services
    This business segment accounted for 12.7% of the Group's total turnover.
The financial market sustained growth momentum during the review period, a
major contributing factor to the segment's strong performance.  Turnover of
the segment reached HK$63.0 million (2004: HK$55.8 million) with profit
amounted to HK$43.4 million (2004: HK$35.5 million).
    The Group will expand in the trading of commodity futures and is preparing
to diversify its revenue stream by launching asset management services.

    Disposal of non-core businesses
    In September 2005, the Group announced the disposal and discontinuation of
non-core businesses in its bid to focus on major and more profitable
operations.  Those businesses include wholesaling and retailing of furniture,
publishing and printing, restaurant and sales of marine products.  The
disposals and discontinuation were expected to generate capital resources of
approximately HK$100 million to the Group.

    Mr. Donald Cheung, Property Director of the Group, commented, ''We are
confident that this strategic move will enable us to streamline our overall
operation on a more focused business model.  More importantly, we will enjoy
more fruitful results with the key business sectors, especially property
development and investment which is flourishing, benefiting from the reviving
economy of Hong Kong and the PRC.  Going forward, we are awaiting government
approval to enlarge the scales of our luxurious sea view residential
development project in Sai Kung.  We are also ironing out the final
construction plans and development issues of the Lido projects with government
bodies.''
    Ms Fan added, ''We are also expecting to receive contributions from our
partially-owned Emperor Entertainment Hotel Limited, whose Macau hotel will
commence business in January 2006, as well as strong cashflow through dividend
by the subsidiary.''

    Emperor Entertainment Hotel Limited (''EEH'')
    EEH's gaming vessel the ''Golden Princess'' contributed to its earnings
for the full six-month period, boosting EEH's consolidated turnover to HK$67.6
million (2004: Nil).  Profit amounted to HK$18.7 million, compared to HK$15.7
million in the previous corresponding period, due to an increase in fair value
of investment property of HK$20.4 million.

    Ms. Vanessa Fan, Executive Director of the EEH, said, ''EEH has been in
full gear preparing the launch of its flagship entertainment project in Macau,
namely the Grand Emperor Hotel.  It has also started the construction works of
its PRC investment property, primarily a shopping arcade, in Shanghai.''
    ''Embraced with unique market niches and strengths, EEH is well poised for
grasping the lucrative business opportunities ahead in Macau's gaming
industry.  Aiming to provide premium accommodation and gaming services, the
Grand Emperor Hotel will commerce business in January 2006.  Besides, the
booming commercial property market in China will create a conducive background
for our property project in Shanghai.  We will also continue to identify
suitable opportunities to complement our organic growth.  I look forward to
seeing further growth in our business,'' Ms. Fan concluded.

    About Emperor International Holdings
    Emperor International Holdings Limited is an investment holding company,
which is principally engaged in property development and investment business.
Its subsidiaries are also engaged in hotel and financial and brokerage
services operations.

    About Emperor Entertainment Hotel Limited
    Emperor Entertainment Hotel Limited is the gaming business platform of its
parent company Emperor International Holdings Limited.  The company owns the
Golden Princess, a casino cruise liner with a capacity of 570 guests.  EEH is
building a hotel in Macau, offering VIP gaming and entertainment services,
food and beverage as well as retail outlets.  The company has also reactivated
a development project for a prime shopping arcade in Shanghai and continues to
look for potential business opportunities worldwide.

    For Enquiries:

     Sidney Luk
     Tel:   +852-2835-6715
     Email: sidneyluk@emperor.com.hk
     IR websites: http://www.emp163.com
                  http://www.emp296.com

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