2 3 6 7 8 13 17 21 28 47 49 50 51 53 54 56 57 135 140

Francis Anthony Meehan P. O. Box 309 Ugland House Grand Cayman KY1-1104 Cayman Islands 99 48 : 852 2121 7838 : 852 2186 7711 183 17 1712 1716 www.tomgroup.com 2383 2 TOM

TOM TOM2383TOM TOM TOM TOM www.tom.com TOM NBA TOM NBA NBA NBA TOM SMS MMS WAP IVR RBT J2ME TOM-Skype: TOM-Skype 3 TOM

TOM (ulechina.com) B2C TOM C2C ebay TOM TOM Comic Star DC Player TOM POPO (www.popo.tw) LifeeliPhone Android (www.gurubear.com.cn) TOM Search Home TOM DG Best 4 TOM

TOM TOM TOM TOM TOM CEO : CETV.com : m.cetv.com TOM 5 TOM

2009 2008 2007 2006 2005 ^ ^ ^ 1,062,449 1,066,690 1,085,460 1,370,862 1,370,738 867,315 1,011,734 947,544 948,063 1,034,859 353,447 464,722 440,178 391,166 412,280 208,487 152,542 184,887 209,433 88,573 78,953 2,435,753 2,728,033 2,682,615 2,798,664 3,105,317 * 105,714 95,906 101,985 377,228 397,418 # 24,514 (1,367,755) (231,651) 168,385 229,692 (60,511) (1,394,429) (331,105) 12,169 248,132 5,241,384 5,878,715 8,768,438 8,290,723 7,790,270 3,583,231 4,186,321 5,957,832 5,362,966 4,900,484 1,658,153 1,692,394 2,810,606 2,927,757 2,889,786 * EBITDA 196,593,000 # ^ 6 TOM

TOM NBA 3G NBA POPO TOM 7 TOM

8 TOM 3G NBA CBA TOM NBA(NBA.com/china) NBA (NBA.com/hongkong) NBA (NBA.com/taiwan)TOM NBA NBA NBA NBA TOM NBA NBA TOM(Chinese Basketball Association) (www.uhoop.cn) TOM

9 TOM 3G 3G TOM iphone TOM hjsm.tom.com iphone Dietmama (ulechina.com)tom B2C LG (TAITRA) TOM Pixnet

10 TOM POPO TOM POPO(www.popo.tw) POPO POPO POPO POPO POPO (www.qidian.com.tw) Lifeel iphone Android 3D Search Home (www.gurubear.com.cn) TOM

11 TOM TOM (SPH)TOM TOM TOM TOM TOM TOM TOM CEO CEO

12 TOM TV NEV

13 TOM TOM TOM TOM TOM +

14 TOM TOM (a)

(b) 15 TOM

TOM TOM TOM 16 TOM

58 Hutchison Telecommunications (Australia) Limited Easterhouse Limited Li Ka-Shing Unity Trustcorp Limited Li Ka-Shing Unity Trustee Company Limited Li Ka-Shing Unity Trustee Corporation Limited XV 45 XV Cranwood Company Limited Mckinsey & Company, Inc.6 45 17 TOM

59 Hunter College 56 Hutchison Telecommunications (Australia) Limited Partner Communications Company Ltd. Easterhouse Limited XV 57 ARA Asset Management Limited ARA Asset Management (Singapore) LimitedSuntec REIT ARA Trust Management (Suntec) Limited Suntec REIT XV 18 TOM

62 XV Worldsec Limited A FPP Golden Asia Fund Inc. Jade Asia Pacific Fund Inc. 59 61 19 TOM

Francis Anthony Meehan 59 Spring Creek Ventures Appstream Armorize E21 LiveABC Optoplex Mediostream Sina.comNetscape Communications Actra Business Systems Oracle UNIX Wyse Technology Santa Clara 39 XV Meehan Ericsson UK, New Operators 20 TOM

1720 3.13 3.13 21 TOM

93% 22 TOM

4/4 4/4 4/4 3/4 3/4 4/4 4/4 4/4 4/4 3/4 23 TOM

47 48 90% 5/5 5/5 3/5 5/5 24 TOM

(a) (b) (c) (d) (e) (f) 12,814,000662,000 25 TOM

13 26 TOM

ir@tomgroup.com 27 TOM

135 139 4 49 35 14 33 34 35 28 TOM

* * * * # * # # Francis Anthony Meehan * * # 3.13 17 20 29 TOM

13 (a) (b) 20% 30 TOM

(c) 10%388,941,336 10% 30% (d) 1% (e) (f) 5 (g) 1.78 (i) 31 TOM

(ii) (iii) (h) 32 TOM

34,544,000 (a) 7,116,000 11/2/2000 3,026,000 3,026,000 11/2/2000 1.78 10/2/2010 11/2/2000 4,090,000 4,090,000 11/2/2000 1.78 10/2/2010 7,116,000 7,116,000 20% 30% 50% 33 TOM

(b) 27,428,000 15/11/2000 15,000,000 15,000,000 15/11/2000 5.30 1 14/11/2010 9/10/2003 27,850,000 (21,850,000) 6,000,000 9/10/2003 2.505 8/10/2013 23/3/2000 1,326,000 (192,000) 1,134,000 23/3/2000 11.30 2 22/3/2010 26/6/2000 508,000 (204,000) 304,000 26/6/2000 5.89 3 25/6/2010 8/8/2000 4,982,000 (1,350,000) 3,632,000 8/8/2000 5.30 4 7/8/2010 9/10/2003 6,362,000 (5,004,000) 1,358,000 9/10/2003 2.505 5 8/10/2013 56,028,000 (28,600,000) 27,428,000 1. 2. 50% 50% 3. 50% 50% 4. (i)(ii) 34 TOM

5. (i) (ii) (iii) (iv) 1/3 : 1/3 : 1/3 (c) XVXV78 352 (a) 30,000 30,000 0.01% 44,000 44,000 0.01% 35 TOM

(b) 11/2/2000 3,026,000 11/2/2000-10/2/2010 1.78 1 9/10/2003 6,000,000 9/10/2003-8/10/2013 2.505 2 15/11/2000 15,000,000 15/11/2000-14/11/2010 5.30 3 1. 20% 30% 50% 2. 2,700,0001,100,000 1,100,0001,100,000 3. 20% 30% 50% XV XV78 352 36 TOM

336 1,429,024,545 (L) 1 2 36.70% Li Ka-Shing Unity Trustee 1,429,024,545 (L) 1 2 36.70% Corporation Limited The Li Ka-Shing Unity Discretionary Trust Li Ka-Shing Unity 1,429,024,545 (L) 1 2 36.70% Trustcorp Limited Li Ka-Shing Unity Trustee 1,429,024,545 (L) 1 2 36.70% Company Limited The Li Ka-Shing Unity Trust 1,429,024,545 (L) 1 2 36.70% Cheung Kong Investment 476,341,182 (L) 1 12.23% Company Limited 476,341,182 (L) 1 12.23% 37 TOM

Sunnylink Enterprises Limited 476,341,182 (L) 1 12.23% Romefield Limited 476,341,182 (L) 1 12.23% 952,683,363 (L) 2 24.47% 952,683,363 (L) 2 24.47% Easterhouse Limited 952,683,363 (L) 2 24.47% 991,004,363 (L) 3 4 25.45% Cranwood Company Limited 991,004,363 (L) 3 4 25.45% Schumann International 580,000,000 (L) 3 4 14.90% Limited Handel International Limited 348,000,000 (L) 3 4 8.94% (L) (1) Romefield Limited Sunnylink Enterprises Limited Cheung Kong Investment Company Limited Cheung Kong Investment Company LimitedSunnylink Enterprises Limited Romefield Limited476,341,182 38 TOM

Li Ka-Shing Unity Holdings Limited Li Ka-Shing Unity Trustee Company Limited Li Ka-Shing Unity Trustee Company Limited The Li Ka-Shing Unity TrustLi Ka-Shing Unity Trustee Company Limited The Li Ka-Shing Unity Trust Li Ka-Shing Unity Holdings Limited Li Ka-Shing Unity Trustee Corporation LimitedTDT1The Li Ka-Shing Unity Discretionary TrustDT1Li Ka-Shing Unity Trustcorp LimitedTDT2 DT2TDT1 TDT2The Li Ka-Shing Unity Trust (2) Easterhouse Limited Easterhouse Limited952,683,363 DT1 DT2 Li Ka-Shing Unity Trustee Corporation Limited Li Ka-Shing Unity Trustcorp Limited Li Ka-Shing Unity Trustee Company Limited Romefield Limited Easterhouse Limited476,341,182 952,683,363 (3) Schumann International Limited Handel International Limited Cranwood Company Limited Cranwood Company Limited Cranwood Company Limited63,004,363 Schumann International Limited Handel International Limited580,000,000 348,000,000 Cranwood Company Limited Schumann International Limited Handel International Limited63,004,363580,000,000 348,000,000 (4) Cranwood Company Limited Schumann International Limited Handel International Limited63,004,363580,000,000348,000,000 5% 39 TOM

42 (1) TOM Outdoor Media Holdings LimitedTOM Outdoor Media Holdings SPH AlphaOne Pte LtdSPH TOM Outdoor Media Group LimitedTOM OMG TOM OMG TOM Outdoor Media Holdings SPHTOM OMG 35% 60,000,000TOM OMGTOM Outdoor Media Holdings (2) (a) 1 3 9 3, 4, 5, 6B 7B1,012.19 3 1,830,040 1,685,297 1,733,180 1,733,180 (b) 3 8 1-123,074 3 5,557,792 5,118,210 5,263,6315,263,631 40 TOM

(c) 3 5 7-8656 3 1,186,048 1,092,240 1,123,2741,123,274 (d) TOM International TOM International3 9 1, 2, 6A, 7A 81,299.81 3 TOM International 2,350,057 2,164,184 2,225,674 TOM International 2,225,674 (e) TOM International The Center (48) LimitedThe Center (48) TOM International The Center (48) 99 48 25,563 33 TOM International 7,924,89610,566,52810,566,528 TOM International The Center (48)10,566,528 41 TOM

(f) 20% 15,000,000 20,000,00022,000,000 21,480,000 (g) TOM InternationalTOM International 2,000,000 (h) TOM International TOM International 25,000,000 25,000,00026,000,00024,923,000 42 TOM

(i) Cranwood Company LimitedCranwood 16 3 Cranwood Cranwood 0.5% 4,750,0009,500,000 9,500,0005,600,000Cranwood 3,600,000 (a)(b) (c) (a) (b) (c) (d) (a) 5 7 8 656 1,213,600 1,213,600 1,055,758 43 TOM

(b) 8 1-12 3,074 5,686,900 5,686,900 4,947,256 (c) TOM International 9 1-8 2,312 4,277,200 4,277,200 3,720,903 (d) 23,000,00024,000,00025,000,000 44 TOM

3GSM 3G HGC 30% 5% 45 TOM

43 37.84% 46 TOM

TOM 49 134 TOM 47 TOM

48 TOM

4 2,435,753 2,728,033 6 (1,756,267) (1,900,208) 6 (242,166) (291,056) 6 (164,489) (200,550) 6 (296,458) (346,723) 6 (4,679) (44,243) 37(a) 90,879 5 (6,700) (1,249,572) (39,545) (76,683) 8,186 13,247 24,514 (1,367,755) 7 22,005 57,379 7 (59,549) (126,800) 7 (37,544) (69,421) (13,030) (1,437,176) 8 (46,177) (37,625) (59,207) (1,474,801) 1,304 (80,372) (60,511) (1,394,429) 11 (1.55) (35.82) 49 TOM

(59,207) (1,474,801) 23,482 293,244 5,830 (280) 780 6,166 10,843 780 17,009 30,092 309,973 (29,115) (1,164,828) 5,126 (46,533) (34,241) (1,118,295) 50 TOM

14 152,961 202,152 15 2,643,106 2,634,940 16 82,368 66,897 18 (139,751) (87,904) 19 222,432 231,388 21 27,682 30,147 22 2,169 2,165 32(a) 39,011 51,843 23 31,473 6,360 3,061,451 3,137,988 21 392,916 24 106,252 118,399 25 842,316 898,428 26 45,187 2,171 27 1,186,178 1,328,813 2,179,933 2,740,727 28 1,167,806 1,180,610 35,925 36,840 30 119,680 449,533 29 119,800 1,509,381 1,443,211 3,176,364 736,722 (435,637) 3,798,173 2,702,351 51 TOM

32(b) 14,739 14,919 30 1,721,410 395,474 31(a) 26,148 29,644 1,762,297 440,037 2,035,876 2,262,314 33 389,328 389,328 1,275,069 1,309,310 36 (6,244) (6,244) 1,658,153 1,692,394 377,723 569,920 2,035,876 2,262,314 52 TOM

17 1,836,148 1,800,039 23 11,501 1,847,649 1,800,039 17 1,683,477 1,900,869 25 8,638 5,135 27 811 390 1,692,926 1,906,394 17 596,076 683,668 28 59,962 64,332 29 1,450,000 656,038 2,198,000 1,036,888 (291,606) 30 1,440,000 1,444,537 1,508,433 33 389,328 389,328 35 1,061,453 1,125,349 36 (6,244) (6,244) 1,444,537 1,508,433 TOM 53

389,328 (6,244) 3,625,981 38,354 776 123,455 (15,137) 289,267 30,879 (1,666,053) 2,810,606 687,780 3,498,386 (1,394,429) (1,394,429) (80,372) (1,474,801) 5,452 5,452 714 6,166 (904) (904) 624 (280) 260,743 260,743 32,501 293,244 10,843 10,843 10,843 16,295 260,743 (1,395,333) (1,118,295) (46,533) (1,164,828) 83 83 83 (30,879) 30,879 (72,373) (72,373) 37(b) (2,775) (2,775) 38(b) (265) (265) 4,263 4,263 (177) (177) 5,793 (5,793) 389,328 (6,244) 3,625,981 38,437 776 129,248 1,158 550,010 (3,036,300) 1,692,394 569,920 2,262,314 54 TOM

389,328 (6,244) 3,625,981 38,437 776 129,248 1,158 550,010 (3,036,300) 1,692,394 569,920 2,262,314 (60,511) (60,511) 1,304 (59,207) 1,174 1,174 (394) 780 5,377 5,377 453 5,830 19,719 19,719 3,763 23,482 1,174 19,719 (55,134) (34,241) 5,126 (29,115) (45,524) (45,524) 37(a) (151,188) (151,188) 38(b) (2,508) (2,508) 1,897 1,897 4,512 (4,512) 389,328 (6,244) 3,625,981 38,437 776 133,760 2,332 569,729 (3,095,946) 1,658,153 377,723 2,035,876 55 TOM

38(a) 202,284 310,195 (20,483) (132,452) (40,058) (62,511) 141,743 115,232 4,802 74,337 (141,598) (136,519) 3,171 2,035 3,887 (1,140) 37(a),37(b) (60,309) (3,420) 38(b) (1,960) (809) 394,117 1,170,012 (81,901) 3,493 18,071 22,340 222,534 1,046,075 38(c) 1,776,735 379,000 38(c) (2,178,469) (1,834,257) (27,464) (208,846) (45,524) (72,373) 26 (43,016) 18,005 (517,738) (1,718,471) (153,461) (557,164) 1,328,813 1,828,396 10,826 57,581 1,186,178 1,328,813 27 1,186,178 1,328,813 56 TOM

1 (a) 16 1(f) 3 1 321 1 27 2 7 8 57 TOM

1 (a) (1) 10 (1) 24 (2) 27 (1) 32 (2) 39 (1) 1 (1) 1 (1) 2 (1) 3 (1) 9 (3) 14 (2) 17 (1) 18 (1) 19 (2) 39 (1) (2) (3) 58 TOM

1 (b) 1(i)) (c) 59 TOM

1 (d) (e) 20% 50% (f) (i) 60 TOM

1 (f) (ii) 61 TOM

1 (f) 1(l) (g) 50 5 20% 33 1 /3% 5% 20% 10% 33 1 /3% 1(i) 62 TOM

1 (h) (i) (ii) 5% 33 1 /3% 28% 6% 50% 20% 100% 63 TOM

1 (i) (j) (k) (l) () 64 TOM

1 (m) (i) 65 TOM

1 (m) (ii) ( ) (iii) 12 (n) 66 TOM

1 (o) (p) 67 TOM

1 (q) (r) (s) 68 TOM

1 (t) (i) (ii) (iii) (1) (2) (3) 69 TOM

1 (u) (v) (w) 70 TOM

2 (a) (i) (ii) 71 TOM

2 (a) (ii) 243,430 128,139 1,671,065 1,167,509 1,503,067 59,962 1,982,059 126,868 316,298 369 1,179,009 1,465,016 64,052 72 TOM

2 (a) (iii) 100 19,609,000 23,536,000 100 1,392,000 100 11,957,000 13,310,000 (iv) 73 TOM

2 (a) (iv) 5% 302,000 261,000 5% 4,626,000 11,378,000 5% 15,000 29,000 5% 89,000 (v) 74 TOM

2 (a) (vi) 7 (a) (b) 7 (b) 75 TOM

2 (b) 29 119,800 1,509,381 30 1,841,090 845,007 1,960,890 2,354,388 2,035,876 2,262,314 3,996,766 4,616,702 49% 51% (c) 76 TOM

2 (c) 7 6,195 6,195 6,195 6,195 77 TOM

3 31 34 (i) 1(i) 15 6,700,000 1,190,627,00037,164,000 3,388,000 1% 11,000,000 (ii) 78 TOM

3 (iii) 42,287,00044,947,000 (iv) 103,950,000 91,691,000 79 TOM

4 135139 1,062,449 1,066,690 867,315 1,011,734 353,447 464,722 152,542 184,887 2,435,753 2,728,033 80 TOM

4 1,062,449 867,315 353,447 153,998 2,437,209 (1,456) (1,456) 1,062,449 867,315 353,447 152,542 2,435,753 84,952 143,357 (4,868) (28,670) 194,771 (30,492) (69,002) (39,148) (21,521) (160,163) 54,460 74,355 (44,016) (50,191) 34,608 90,879 90,879 (6,700) (6,700) (39,545) (39,545) 111 8,075 8,186 (39,434) 8,075 84,179 52,820 18,638 24,411 3,992 117 47,158 (2,002) (20,002) (959) (17,268) (40,231) 16,636 4,409 3,033 (17,151) 6,927 31,662 86,839 43,196 (67,342) 94,355 (107,385) (13,030) 11,418 71,334 35,183 23,326 141,261 337 141,598 81 TOM

4 2,866,331 1,149,257 856,106 159,181 5,030,875 (139,751) (139,751) 2,727 219,705 222,432 127,828 5,241,384 503,845 342,954 195,252 49,757 1,091,808 102,146 14,739 35,925 1,960,890 3,205,508 82 TOM

4 1,066,690 1,011,734 464,722 186,609 2,729,755 (1,722) (1,722) 1,066,690 1,011,734 464,722 184,887 2,728,033 121,505 171,347 (23,874) (35,328) 233,650 (58,268) (75,420) (51,495) (22,403) (207,586) 63,237 95,927 (75,369) (57,731) 26,064 (1,198,177) (37,164) (14,231) (1,249,572) (76,683) (76,683) 595 12,652 13,247 (1,274,265) 12,652 (37,164) (14,231) (1,313,008) 39,298 39,425 6,301 198 85,222 (20,900) (34,182) (1,112) (15,504) (71,698) 18,398 5,243 5,189 (15,306) 13,524 (1,192,630) 113,822 (107,344) (87,268) (1,273,420) (163,756) (1,437,176) 15,878 66,730 37,639 12,557 132,804 3,715 136,519 83 TOM

4 3,386,401 1,162,201 969,931 164,301 5,682,834 (87,904) (87,904) 3,148 228,240 231,388 52,397 5,878,715 485,517 364,067 197,274 45,850 1,092,708 117,546 14,919 36,840 2,354,388 3,616,401 84 TOM

4 15,110 17,348 14,695 5,017 1,576,502 1,723,081 2,428,626 2,496,290 844,141 987,604 579,119 584,838 2,435,753 2,728,033 3,022,440 3,086,145 85 TOM

5 6,700,000 1,190,627,000 37,164,000 3,388,000 7,550,000 10,843,000 6 627,840 468,746 14 72,750 102,830 16 88,643 106,363 19 3,986 4,896 24 464,299 542,298 () 12 538,089 591,414 59,436 62,042 143,216 193,278 12,814 15,515 25(c) 13,699 9,882 7,037 6,806 38(b) 3,215 484 13,548 25,138 18,879 25,616 370 1,727 5,687 86 TOM

7 57,578 115,227 9,621 1,971 1,952 59,549 126,800 (4,802) (31,920) (17,203) (25,459) (22,005) (57,379) 37,544 69,421 8 16.5% 16.5% 32,078 32,473 613 3,824 32(c) 13,486 1,328 46,177 37,625 87 TOM

8 (13,030) (1,437,176) 16.5% 16.5% (2,150) (237,134) (5,143) (8,450) (78,835) (11,265) 23,739 213,845 (7,623) (7,136) (6,218) (6,381) 93,602 69,960 5,174 10,467 5,624 3,037 9,475 7,801 613 3,824 7,919 (943) 46,177 37,625 9 63,896,000251,659,000 10 11 (a) 60,511,000 1,394,429,0003,893,270,558 3,893,270,558 (b) 88 TOM

12 520,363 571,801 14,581 16,208 31(b) 3,145 3,322 34(b) 83 538,089 591,414 13 (a) 50 5,000 124 338 5,512 50 3,500 20 225 3,795 100 100 100 100 100 100 100 100 50 50 50 50 50 50 50 50 700 8,500 144 563 9,907 89 TOM

13 (a) 38 4,582 50 310 4,980 50 3,383 218 3,651 31 2,522 741 401 3,695 100 100 100 100 100 100 100 100 50 50 50 50 50 50 50 50 34 1,151 6,658 517 8,360 753 11,638 7,449 1,446 21,286 90 TOM

13 (a) (b) 4,407 1,341 3,073 835 142 7,622 2,176 2,000,0012,500,000 1 1 2,500,0013,000,000 2 91 TOM

14 14,908 58,547 462,677 195,525 85,209 4,423 821,289 878 1,619 24,593 11,907 2,439 75 41,511 5,625 28,034 5,593 2,759 9,204 51,215 118 860 7,842 6 (8,826) (4,326) (66,556) (19,467) (5,706) (147) (96,202) 38(b) (315) (6,159) (446) (6,920) 15,786 61,583 449,293 195,241 84,261 4,729 810,893 15,786 61,583 449,293 195,241 84,261 4,729 810,893 144 433 3,661 1,477 422 48 6,185 3,934 16,065 4,902 1,326 6,606 32,833 19 7,855 (7,874) (11,007) (47,094) (19,378) (9,390) (140) (87,009) 38(b)) (537) (765) (58) (1,360) 15,930 54,425 421,160 190,097 76,561 3,369 761,542 3,804 41,551 368,592 93,834 62,621 570,402 241 884 20,059 5,236 1,647 28,067 737 7,399 64,091 23,058 7,545 102,830 (3,371) (66,624) (13,446) (3,920) (87,361) 38(b)) (259) (4,671) (267) (5,197) 4,782 46,463 385,859 104,011 67,626 608,741 4,782 46,463 385,859 104,011 67,626 608,741 47 338 3,372 719 322 4,798 744 5,615 39,258 20,159 6,974 72,750 (8,995) (45,902) (13,998) (7,906) (76,801) 38(b) (405) (479) (23) (907) 5,573 43,016 382,108 110,891 66,993 608,581 10,357 11,409 39,052 79,206 9,568 3,369 152,961 11,004 15,120 63,434 91,230 16,635 4,729 202,152 92 TOM

14 10,296 10,931 61 73 10,357 11,004 15 2,634,940 3,663,060 16,006 200,234 2,825 (1,140) 5 (6,700) (1,231,179) 2,643,106 2,634,940 4,504,315 4,487,502 (1,861,209) (1,852,562) 2,643,106 2,634,940 93 TOM

15 (a) 1,791,766 1,791,766 1,777,178 1,777,178 116 508,957 509,073 116 508,841 508,957 272,161 272,161 278,699 278,699 70,106 70,106 70,106 70,106 2,134,149 508,957 2,643,106 2,126,099 508,841 2,634,940 94 TOM

15 (a) ( ) 95 TOM

15 (a) 1 19.4%-22.1% 7.6%-68.3% 50% 47% 17%-59% 19%-64% 2 5% 5% 1% 1% 1% 1% 3 16.5% 20.5%-28% 7% 7% 8% 8% 4 1.35 1.5-2.85 EBIT 4 12.5 EBITDA 4 9.5 1 2 3 4 EBIT EBITDA 96 TOM

16 91,045 10,164 19,355 193,547 11,011 21,812 346,934 75,031 75,031 5,930 671 (4,550) 727 1,441 4,219 21,604 53,267 10,400 33 85,304 38(b) (2,360) (2,360) (20,728) (57,123) (77,851) 95,491 10,835 85,980 203,947 11,771 23,253 431,277 95,491 10,835 85,980 203,947 11,771 23,253 431,277 959 96 1,311 104 206 2,676 22,134 59,272 22,829 4,530 108,765 38(b) (33) (33) (14,701) (43,690) (58,391) 103,883 10,931 102,873 226,776 11,842 27,989 484,294 54,921 10,083 14,607 186,644 7,953 12,516 286,724 39,544 39,544 (7,891) 669 (4,114) 530 865 (9,941) 24,167 83 60,551 16,319 1,148 4,095 106,363 2,115 5,435 7,550 38(b) (1,557) (1,557) (8,265) (56,038) (64,303) 61,375 10,835 54,550 202,963 11,746 22,911 364,380 61,375 10,835 54,550 202,963 11,746 22,911 364,380 566 96 1,969 103 202 2,936 14,931 56,317 17,389 6 88,643 38(b) (13) (13) (10,330) (43,690) (54,020) 66,542 10,931 69,146 220,352 11,842 23,113 401,926 37,341 33,727 6,424 4,876 82,368 34,116 31,430 984 25 342 66,897 97 TOM

17 2,259,567 2,259,567 (423,419) (459,528) 1,836,148 1,800,039 135139 18 (221,652) (169,805) 81,901 81,901 (139,751) (87,904) 98 TOM

18 (a) 1.3 (b) (c) TOM Eachnet PRC Holdings (BVI) Inc. 50,000 45.9% 16,070 93,285 8,828 20,922 49,198 62,292 82,625 81,901 5,230 6,486 82,628 150,019 99 TOM

19 231,388 233,139 8,186 13,247 (17,701) (20,613) 559 5,615 222,432 231,388 (a)) 136,729 134,629 300 2,100 137,029 136,729 (a) 65,156 65,156 (25,608) (21,622) 39,548 43,534 (a) (b) 30,000,000 107,179 23,565 107,252 23,520 49% 100 30,000,000 113,072 21,054 140,437 33,926 48.5% TOM

20 21 27,682 27,682 25 842,316 842,316 22 2,169 2,169 27 1,186,178 1,186,178 26) 45,187 45,187 2,075,850 27,682 2,103,532 21 423,063 423,063 25 898,428 898,428 22 2,165 2,165 27 1,328,813 1,328,813 26) 2,171 2,171 2,231,577 423,063 2,654,640 101 TOM

20 29 119,800 30 1,841,090 28 1,167,806 3,128,696 29 1,509,381 30 845,007 28 1,180,610 3,534,998 102 TOM

20 27) 811 390 25) 8,638 5,135 17) 1,683,477 1,900,869 1,692,926 1,906,394 29) 1,450,000 30) 1,440,000 28 59,962 64,332 17) 596,076 683,668 2,096,038 2,198,000 103 TOM

21 392,916 1,558,703 1,390 (1,264) (3,944) 9,683 (235) (4,194) (390,127) (1,170,012) 392,916 30,147 32,713 294 951 4,724 (3,517) (3,990) (3,493) 27,682 30,147 27,682 423,063 (27,682) (30,147) 392,916 3.250% 4.125% 392,916 27,682 30,147 27,682 423,063 104 TOM

21 6,195 1,459 392,916 5,605 8,974 15,882 19,714 27,682 423,063 10,843,000 10,843,000 22 2,169 2,165 TOM 105

23 16,178 137 15,295 6,223 11,501 31,473 6,360 11,501 24 9,582 13,752 87,775 95,813 8,895 8,834 106,252 118,399 464,299,000542,298,000 25 c 553,456 578,457 d 288,860 319,971 8,638 5,135 842,316 898,428 8,638 5,135 (a) 106 TOM

25 (b) 29,564 28,672 8,638 5,135 25,383 22,022 540,726 587,138 236,614 257,999 10,029 2,597 842,316 898,428 8,638 5,135 (c) 133,825 142,391 31 60 140,616 173,404 61 90 102,220 104,554 90 280,745 249,799 657,406 670,148 (103,950) (91,691) 553,456 578,457 107 TOM

25 (c) 1,284 2,936 552,172 575,521 553,456 578,457 Cranwood Company LimitedCranwood 1,079,000 2,756,000 205,000 180,00042(a) 103,950,00091,691,000 176,795,000158,108,000 112,658 102,022 64,137 56,086 176,795 158,108 108 TOM

25 (c) 91,691 86,859 6 13,699 9,882 (2,226) (5,744) (4,132) 786 4,826 103,950 91,691 90 103,950 91,691 6 TOM 109

25 (d) 9,096,0005,902,000 362,000327,000 24,919,00024,890,000 Cranwood 1,015,000 692,000 23,904,000 24,198,000 26 5,501,00042,911,000 9,500,000 2,276,0009,200,000 2,171,000 45,187,0002,171,000 110 TOM

27 2,001 4,724 1,184,177 1,324,089 811 390 1,186,178 1,328,813 811 390 79,493 10,625 466 13 52,651 179,986 345 377 889,270 1,020,982 164,508 117,090 256 130 1,186,178 1,328,813 811 390 1,184,177 1,324,089 811 390 28 b 339,858 311,492 c 827,948 869,118 59,962 64,332 1,167,806 1,180,610 59,962 64,332 111 TOM

28 (a) (b) 84,235 86,357 31 60 53,733 55,425 61 90 26,829 45,253 90 175,061 124,457 339,858 311,492 22,934 18,195 316,924 293,297 339,858 311,492 2,237,0003,263,000 20,697,000 14,932,00042(b) (c) 1,946,000 14,411,000 45,223,00040,515,000 Cranwood 34,018,00032,818,000 11,205,0007,697,000 112 TOM

28 (d) 85,235 107,989 13,222 18,002 11,773 10,981 701,309 713,099 46,740 46,330 306,010 323,833 63,479 24,708 1,167,806 1,180,610 59,962 64,332 29 a 119,800 1,509,381 1,450,000 119,800 1,509,381 1,450,000 1,450,000 1,450,000 381 119,800 59,000 119,800 1,509,381 1,450,000 (a) 113 TOM

30 39 354,363 1,841,090 490,644 1,440,000 1,841,090 845,007 1,440,000 (119,680) (449,533) 1,721,410 395,474 1,440,000 119,680 449,533 122,915 117,924 1,598,495 277,308 1,440,000 1,841,090 844,765 1,440,000 242 1,841,090 845,007 1,440,000 353,911 1,440,000 1,440,000 401,090 490,644 452 1,841,090 845,007 1,440,000 2.1 1.2 114 TOM

31 Watson Wyatt (a) c 56,973 58,170 d (30,889) (28,668) 64 142 26,148 29,644 26,148 29,644 26,148 29,644 5,830 (280) 4,812 (1,018) 115 TOM

31 (b) 2,947 3,439 1,494 1,690 (1,215) (1,665) (81) (142) 12 3,145 3,322 2,188,0002,481,000 (c) 58,170 60,358 725 (858) 2,947 3,439 1,494 1,690 (4,857) (3,866) (1,506) (2,593) a 56,973 58,170 116 TOM

31 (d) 28,668 31,616 311 (315) 1,215 1,665 973 (4,146) 1,080 1,590 (1,358) (1,742) a 30,889 28,668 2,200,000 (e) 76% 78% 18% 15% 6% 7% 2.25% 2.30% 1.6% 2.75% 2.25% 7.0% 2.75% 7.0% 1.5% 3.0% 3.0% TOM 117

31 (f) (56,973) (58,170) (60,358) (55,021) (43,843) 30,889 28,668 31,616 27,230 24,730 (26,084) (29,502) (28,742) (27,791) (19,113) 3,804 5,423 (1,075) (6,423) 5,394 973 (4,559) 2,464 581 28 32 (a) 51,843 54,099 1,032 (578) c (13,864) (1,678) 39,011 51,843 7,872 11,724 118 TOM

32 (b) 14,919 14,632 198 637 c (378) (350) 14,739 14,919 14,739 14,919 (c) a (13,864) (1,678) b 378 350 8 (13,486) (1,328) 119 TOM

32 (d) 2,883 40,119 42,918 11,724 8,803 51,843 54,604 (471) 326 (1,288) 706 676 1,032 (1,083) (2,412) (9,306) (1,511) (4,558) 2,245 (13,864) (1,678) 31,139 40,119 7,872 11,724 39,011 51,843 4,028,868,000 3,582,839,000 352,420,0003,676,448,000 227 227 14,692 14,910 14,919 15,137 70 128 132 198 132 (176) (202) (350) (378) (350) 121 227 14,618 14,692 14,739 14,919 120 TOM

32 (e) 39,011 51,843 (14,739) (14,919) 24,272 36,924 33 0.1 5,000,000,000 500,000 0.1 3,893,270,558 389,328 121 TOM

34 (a) 1.78 20% 30% 50% 20% 2.50511.3 388,941,33610% 122 TOM

34 (a) 1.78 7,116,000 1.78 16,196,000 1.78 (9,080,000) 1.78 7,116,000 1.78 7,116,000 1.78 7,116,000 1.78 7,116,000 3.74 56,028,000 3.62 65,362,000 2.72 (28,600,000) 2.90 (9,334,000) 4.80 27,428,000 3.74 56,028,000 4.80 27,428,000 3.74 56,028,000 1.7811.30 27,186,000 28,932,000 2.505 7,358,000 34,212,000 34,544,000 63,144,000 1.28 3.32 123 TOM

34 (b) 2 (%) 2.07 4.22 1 7.01 (%) 0 (%) 46 64 0.55 1.16 83,000 12 124 TOM

35 4,100,475 38,600 23,565 776 (2,786,491) 1,376,925 83 83 (251,659) (251,659) 4,100,475 38,683 23,565 776 (3,038,150) 1,125,349 4,100,475 38,683 23,565 776 (3,038,150) 1,125,349 (63,896) (63,896) 4,100,475 38,683 23,565 776 (3,102,046) 1,061,453 1,021,994,000 1,085,890,000 36 3,043,771 6,244 3,043,771 6,244 125 TOM

37 (a) TOM Outdoor Media Group LimitedTOM OMG TOM Outdoor Media Holdings Limited TOM OMG 35%60,000,000 OMG TOM TOM OMG65% 100% 151,188 (90,879) 60,309 60,000 309 60,309 90,879,000 (b) 25% 5,000,000 5,600,000 75% 100% 2,775 15 2,825 5,600 3,420 2,180 5,600 126 TOM TOM

38 (a) (13,030) (1,437,176) 59,549 126,800 (22,005) (57,379) 161,393 209,193 (370) (1,727) 39,545 76,683 (8,186) (13,247) (90,879) 6,700 1,249,572 13,699 9,882 25,138 18,879 7,037 6,806 484 13,548 83 b 3,215 182,290 201,917 (16,041) 2,624 2,270 (12,992) (10,354) 27,829 40,166 13,792 58,535 2,334 (1,938) 5,072 16,975 202,284 310,195 127 TOM

38 (b) 14 453 1,723 16 20 803 10,514 3,669 2,007 809 (6,094) (6,705) (34) (2,508) (265) 4,392 a (3,215) 1,177 1,130 47 1,177 47 (2,007) (809) (1,960) (809) 128 TOM

38 (c) 3,819,932 200,138 4,020,070 379,000 379,000 (1,834,257) (1,834,257) (208,846) (208,846) (1,455,257) (208,846) (1,664,103) 8,708 8,708 (10,287) (10,287) (10,287) 8,708 (1,579) 2,354,388 2,354,388 2,354,388 2,354,388 1,776,735 1,776,735 (2,178,469) (2,178,469) (401,734) (401,734) 8,236 8,236 1,960,890 1,960,890 39 26 392,916,000353,911,000 796,000 TOM 129

40 (a) 44,000,000 10,000,000 146,000,000 35,000,000 48,000,000 11,000,000 205,000,000 49,000,000155,000,000 37,000,000 (b) 130 TOM

40 (b) 17,000,000 19,000,00011,000,000 13,000,000 41 (a) (b) 215,305 213,416 155,910 110,837 371,215 324,253 TOM 131

41 (b) Ebay International AGeBay TOMeBay TOM 51%eBay 49% ebay40,000,000312,000,000 TOM20,000,000156,000,000 TOM ebay 10,000,000 TOM 10,500,000 81,901,000 14,500,000113,100,000 113,100,000 (c) 51,076 60,150 44,307 97,667 51,735 89,083 9,025 173,455 133 5,941 185 7,845 102,944 155,174 53,517 278,967 132 TOM

42 25 28 (a) 24,973 23,854 11,530 5,413 25(c) (b) 21,576 19,485 8,985 10,382 8,518 9,372 1,655 1,404 3,234 11,611 1,723 1,897 1,897 133 TOM

42 (b) 1,900,000,000 3,600,000 28(b) 28(c) (c) 13 43 40(b) 44 45 134 TOM

tom.com enterprises Limited BVI www.tom.com 1 1 100% TOM Group International Limited tom.com 10 1 100% 10,000,000 90.002% 0.01 25,000,000 81% 1,000,000 90.002% @ 100,000,000 90.002% @ 10,000,000 90.002% @ 10,000,000 90.002% TOM 135

@ 62,800,000 90.002% @ 10,000,000 90.002% 13,000,000 90.002% 3,000,000 100% 2,000,000 90.002% @ 163.net 23,000,000 90.002% @ 10,000,000 90.002% 2 1 90.002% NBA 30,000,000 90.002% 1 BVI 100 1 45.9% TOM 4,259,654,528 90.002% 0.01 136 TOM

@ 1,000,000 100% @ 3,000,000 60% @ 6,000,000 51% @ 5,000,000 70% @ 1,000,000 100% @ 6,000,000 50% @ 11,000,000 100% @ 11,000,000 100% @ 10,000,000 60% @ 11,000,000 60% 11,000,000 100% @ 3,000,000 60% 5,000,000 51% TOM 137

@ 3,000,000 70% @ 2,500,000 60% 1,000,000 82.55% 100,00010 82.53% 2 1 100% # 30,000,000 49% BVI 4,999,563 0.01 82.55% 28,171,506 82.53% 10 986,922,602 82.53% 0.00001 2,500,000 66.02% 10 200,000 100% 138 TOM

@ 5,000,000 80% 38,994 0.3 72.36% @ 100% 3,000,000 10 1 80% 1 # @ tom.com enterprises Limited TOM Group International Limited TOM TOM 139

TOM TOM TOM 571 TOM International TOM Group International Limited TOM TOMO TOM 140 TOM