TABLE-Northeast Electric Q1 net drops 97 pct

April 30 (Reuters) - Three months ended March 31, 2008

(in million yuan unless stated)

Shr (yuan) 0.0003 vs 0.009

Net 234.44 vs 8,109.27

Company name Northeast Electric Development Co. Ltd.

NOTE - Northeast Electric (0042.HK) (000585.SZ) is an
investment holding company.

The figures are prepared in accordance with the PRC
Accounting Standards ("PRC GAAP").
(Reporting by Jimmy Tsim in Hong Kong; Editing by Keiron
Henderson)