MELCO INT'L DEV<00200> - Results Announcement

Melco International Development Limited announced on 16/9/2003:

(stock code: 00200 )

Year end date: 31/12/2003

Currency: HKD

Auditors' Report: N/A

Review of Interim Report by: Audit Committee

(Unaudited )

(Unaudited ) Last

Current Corresponding

Period Period

from 1/1/2003 from 1/1/2002

to 30/6/2003 to 30/6/2002

Note ('000 ) ('000 )

Turnover : 58,377 44,325

Profit/(Loss) from Operations : (20,405) (8,117)

Finance cost : (344) 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 : (14,883) (7,288)

% Change over Last Period : N/A %

EPS/(LPS)-Basic (in dollars) : (0.1024) (0.0602)

-Diluted (in dollars) : (0.1023) N/A

Extraordinary (ETD) Gain/(Loss) : N/A N/A

Profit/(Loss) after ETD Items : (14,883) (7,288)

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:

The calculations of basic and diluted loss per share are based on the

Group's net loss attributable to shareholders of HK$14,883,000 (2002:

HK$7,288,000).

The basic loss per share is based on the 145,287,134 (2002: 121,087,134)

ordinary shares in issue during the period. The diluted loss per share is

based on 145,287,134 ordinary shares in issue during the period plus the

weighted average number of 257,961 ordinary shares deemed to be issued at

no consideration if all outstanding options with dilutive effect on the

basic loss per share had been exercised.

A diluted loss per share amount for the period ended 30th June 2002 has

not been disclosed as the share options outstanding during such period had

an anti-dilutive effect on the basic loss per share for such period.