600410 2005

2005... 2... 3... 5... 7... 11... 15... 18... 19... 34... 36... 39... 77 1

2005 1 2 3 4 2

2005 1 BEIJING TEAMSUN TECHNOLOGY CO., LTD. Teamsun 2 3 8 A 10-11 01082733988 01082733666 E-mailsecurities@teamsun.com.cn 8 A 10-11 01082733988 01082733666 E-mailsecurities@teamsun.com.cn 4 8 A 10-11 8 A 10-11 100085 http://www.teamsun.com.cn securities@teamsun.com.cn 5 http://www.sse.com.cn 6 A A A 600410 7 2001 3 15 229 1 2004 4 26 3

2005 2 2005 6 13 1 2005-11-01 1100001514377 110108633713190 22 4

2005 : : 120,433,816.63 101,549,732.53 86,141,311.42 229,997,529.45 118,156,466.64 2,061,378.69 325,206.84-109,235.54 111,854,737.52-81,409,374.87 : : 2,702,376.79-109,235.54 13,094,159.82-278,879.96 15,408,421.11 : : 2005 2004 2003 (%) 1,127,976,233.47 915,132,613.73 23.26 658,692,598.31 120,433,816.63 90,701,253.19 32.78 65,703,723.73 101,549,732.53 82,132,935.50 23.64 60,644,415.97 86,141,311.42 81,827,804.57 5.27 50,239,940.38 0.8310 0.8738-4.90 0.8663 % 14.98 13.16 5 1.82 0.41 4.34 12.70 13.11 % 23.81 13.39 17.73 % 27.65 111,854,737.52 40,643,107.68 175.21 51,081,928.67 0.915 0.432 111.81 0.730 28.74 2005 2004 2003

2005 (%) 1,332,420,955.87 1,057,384,098.02 26.01 482,119,286.88 678,089,666.45 624,001,106.45 8.67 210,989,922.51 5.549 6.638-16.41 3.014 5.520 6.631-16.75 2.997 2005 122,200,000 2004 94,000,000 2003 70,000,000 [ /12] /2 [( )/12] [ /12] : : 94,000,000 372,889,043.43 56,888,687.38 12,248,702.23-10,794.99 87,985,468.40 624,001,106.45 28,200,000 10,995,758.02 5,006,732.01 101,549,732.53 145,752,222.56 28,200,000 461,172.53 63,002,490.03 91,663,662.56 122,200,000 344,689,043.43 67,884,445.40 17,255,434.24-471,967.52 126,532,710.90 678,089,666.45 1 2004 2004 2004 9,400 10 3 2,820 2,820 2,820 2 101,549,732.53 10,995,758.02 3 101,549,732.53 5,006,732.01 4 101,549,732.53 47,000,000 10,013,464.00 5,006,732.01 982,294.02 126,532,710.90 6

2005 1 : (%) (%) 1 70,000,000 74.47 21,000,000 21,000,000 91,000,000 74.47 8,750,000 9.31 2,625,000 2,625,000 11,375,000 9.31 61,250,000 65.16 18,375,000 18,375,000 79,625,000 65.16 2 3 4 70,000,000 74.47 21,000,000 21,000,000 91,000,000 74.47 1 24,000,000 25.53 7,200,000 7,200,000 31,200,000 25.53 2 3 4 24,000,000 25.53 7,200,000 7,200,000 31,200,000 25.53 94,000,000 100.00 28,200,000 28,200,000 122,200,000 100.00 2 (1) : : A 2004-04-12 17.14 24,000,000 2004-04-27 24,000,000 [2004]38 2004 4 12 1 2,400 17.14 41,136 1,447.10 39,688.90 2,400 37,288.90 9,400 2004 0010 7

2005 (2) 2005 4 25 2004 2004 2004 94,000,000 10 3 28,200,000 2004 122,200,000 (3) 1 : 6,418 (%) 18.62 22,750,000 5,250,000 22,750,000 0 14.15 17,290,000 3,990,000 17,290,000 0 11.91 14,560,000 3,360,000 14,560,000 0 11.17 13,650,000 3,150,000 13,650,000 0 9.31 11,375,000 2,625,000 11,375,000 0 7.45 9,100,000 2,100,000 9,100,000 0 4.41 5,392,969 4,515,264 2.03 2,479,885 2,479,885 1.86 2,275,000 525,000 2,275,000 0 1.26 1,544,701 1,544,701 5,392,969 2,479,885 1,544,701 1,354,818 1,012,233 818,143 780,430 578,706 530,000 509,836 8

2005 2 1 46 2,275 18.62% 39 EMBA 1,729 14.15% 47 1,456 11.91% 43 1,365 11.17% 1993 1 28 800 75% 25% 16 1,137.5 9.31% 55 910 7.45% 2 9

2005 3 3 10

2005 55 2004-03- 12 39 2004-03- 12 47 2004-03- 12 43 2004-03- 12 46 2004-03- 12 63 2004-03- 12 66 2004-03- 12 55 2004-03- 12 73 2004-03- 12 57 2004-03- 12 37 2004-03- 12 34 2004-03- 12 40 2004-03- 12 2004-03- 12 1 42 2004-10- 27 42 2004-03- 12 36 2004-10- 27 36 2004-10- 27 42 2005-03- 22 33 2004-10- 27 : : (, ) 2007-03-12 7,000,000 9,100,000 2,100,000 45.20 2007-03-12 13,300,000 17,290,000 3,990,000 53.28 2007-03-12 11,200,000 14,560,000 3,360,000 42.83 2007-03-12 10,500,000 13,650,000 3,150,000 32.71 2007-03-12 17,500,000 22,750,000 5,250,000 32.71 2007-03-12 0 0 0 4.00 2007-03-12 0 0 0 4.00 2007-03-12 0 0 0 4.00 2007-03-12 0 0 0 4.00 2007-03-12 0 0 0 4.00 2007-03-12 0 0 0 14.74 2007-03-12 0 0 0 28.44 2007-03-12 0 0 0 19.75 2004-10-27 2007-03-12 0 0 0 53.93 2007-03-12 0 0 0 43.36 2007-03-12 0 0 0 56.47 2007-03-12 0 0 0 33.13 2007-03-12 0 0 0 44.00 2007-03-12 0 0 0 30.27 / / / / / / / / / 550.82 12004 10 27 2004 11

2005 5 (1) (2) 63 (3) 66 2000 6 (4) 55 1993 (5) 73 15 (6) 57 (7) 37 IT (8) 34 (9) 40 2000 9 (10) 42 1994 (ACCA) IBM IBM 2002 9 12

2005 (11) 43 Avaya 2002 10 (12) 36 (13) 36 1999 2001 2001 4 (14) 42 2004 5 (15) 34 1996 7, 2000 11 2004 9 ( ) 2004 9 2003.3 2006.3 2003.3 2006.3 2003.3 2006.3 2004.12 2007.12 2003.12 2006.12 2004.12 2007.12 1998.11 2007.11 1992.1 2007.1 1 13

2005 2 4 // 2005 3 22 1 2 3 2007 3 15 2005 3 24 586 0 1 2 163 281 117 25 60 407 99 20 14

2005 15 2004 2005 1 2 3 2005 3 4 5

2005 6 2005 5 31 2005 2004 2005 7 1 6 6 0 0 6 6 0 0 6 6 0 0 2 1) 2) 586 3) 2001 0019 16

2005 4) 5) 1998 KPI KPI 17

2005 2005 4 25 2004 2005 4 26 1 1 2005 5 30 2005 2005 5 31 2 2 2005 8 1 2005 2005 8 2 18

2005 1 1 2005 IT 2005 IT 299.2 8.9% IT 275.1 3.42% IT IT 2005 IT IT 2005 IT 19

2005 2 2005 112,797.62 91,513.26 23.26%, 81,519 8% 18,468 1.1 12,811 71% 9.55% 16.37% 20.07% 8.19% 11.36% 22.41% 2005 2005 21.33%, 21.64%2005 IT 0.33 2005 34.55% 6.38% 6.96% 0.58 1,221 4.82% 2.83% 2 1,122 182.70% 2005 10,154.97 8,213.29 23.64% 9.00% 8.97%2005 7.5% 15% 2005 2.02 2.49 18.88% 1.19 1.93 38.34% 2005 2005 1.39 3.61 22.74% 41.03% 18.29 2005 20

2005 2005 11,185-15,143-4,160-8,141 2005 1.06 81% 5,479 4,700 2005 21 : : ( ) 2005.12.31 2004.12.31 335,705,907.59 412,784,420.31-77,078,512.72-18.67% 165,158,933.77 58,678,185.75 106,480,748.02 181.47% 56,402,492.06 96,199,662.77-39,797,170.71-41.37% 151,873,958.09 208,529,728.78-56,655,770.69-27.17% 519,455,195.64 238,712,116.43 280,743,079.21 117.61% 311,474.64 89,612.70 221,861.94 247.58% 73,176,796.38 15,560,043.83 57,616,752.55 370.29% 7,320,579.10 2,414,848.71 4,905,730.39 203.15% 361,513,803.77 151,020,763.38 210,493,040.39 139.38% 3,547,062.90 1,799,156.90 1,747,906.00 97.15% 810,330.47 2,162,347.08-1,352,016.61-62.53% 20,782,689.77 10,674,856.65 10,107,833.12 94.69% 395,512.44-76,038.25 471,550.69 620.15% 122,200,000.00 94,000,000.00 28,200,000.00 30.00% 126,532,710.90 87,985,468.40 38,547,242.50 43.81%

2005 2005 2004 ( ) 1,127,976,233.47 915,132,613.73 212,843,619.74 23.26% 887,398,904.02 717,059,204.40 170,339,699.62 23.76% 10,579,800.00 7,027,858.13 3,551,941.87 50.54% 1,451,848.58-1,755,568.99 3,207,417.57-182.70% 2,061,378.69 375,921.69 1,685,457.00 448.35% 18,364,704.97 8,568,317.69 9,796,387.28 114.33% 3 2005 17.35 2005 366 367 489 513 1,735 2004 234 247 323 489 1,293 2003 180 161 192 292 825 4 : : 922,754,404.00 78.46% 385,811,831.73 34.20% 5 10,000,000.00 2005 7 6 2005 992.47 105.64 1,105.64 6,630,000.00 22

2005 2005 3,541 369% 9,835-212 663 2005 950,000.00 2005 472 23 789.67 9,800,000.00 2005 2,000,000.00 2005 639 737 154 692.37 1,000,000.00 6 2005 23

2005 2005 2004 70% IT 2006 2005 IT 2 1 3G NGN IT 2006 2006 ERP SCMCRM 2 3 2006 20% 8% 2006 2006 2006 24

2005 25 2006 IT CMMI 2006 CMMI 14 2006 4

2005 1 : : (%) % 815,187,422.50 676,799,915.42 16.67 8.29 9.03-0.57 184,680,674.10 136,401,640.44 25.83 111.38 95.93 5.82 128,108,136.87 74,197,348.16 36.24 70.88 178.00-22.21 1,127,976,233.47 887,398,904.02 20.39 23.26 23.76-0.49 2 : : () 684,288,834.95 31.63 82,726,743.54-42.55 360,960,654.98 43.66 1,127,976,233.47 23.26 17,884.66 9,314.92 108.70 1 2004 39,688.90 23,063.20 15,197.00 2005 12 31 16,515.89 109.81 26

2005 2 : : 4,235 2,822.82 4,397 1,503 2,597.38 35 4,242 4,287 3,029.65 877 4,241 2,292 2,456.61 560 4,093 2,481 2,103.84 256 4,070 3,739 2,247.25 IP 3,370 3,670 1,852.80 124 3,700 2,012 2,265.16 2,920 1,015 681.97 3,183.70 827 1,698.22 325 1,237.20 1,237.2 39,688.90 / 23,063.20 21,755.70 2,177 / / 2005 1,503 816 contact center 4,287 45 2005 2,292 910 1,382 2006 27

2005 2,481 2005 3,739 2005 2005 450 IP 3,670 300 2005 2,012 2005 1,015 2006 2005 827 3 1) 2004 11 9 2004 660 60% 2005 1 3,604,112.49 2) 2003 95 95 100% 3 2005 990 2005 7 6 1,000 99% 28

2005 4) 2005 1 18 50 50% 5 2005 10 31 499.8 980 51% 1 1) 2005 3 22 2005 3 24 2) 2005 4 27 2005 2005 4 29 3) 2005 6 30 2005 2005 7 1 4) 2005 8 16 2005 8 18 5) 2005 11 8 2005 2005 11 10 6) 2005 2005 2 2004 2004 2005 4 26 2004 82,132,935.50 92,150,354.60 8,093,221.95 4,046,610.98 8,157,988.77, 2003 66,000,000 87,985,468.40 2004 9,400 10 29

2005 5 4,700 2004 9,400 10 3 2004 2005 101,549,732.53 87,985,468.40 10,013,464.00 5,006,732.01 982,294.02 2004 47,000,000.00 126,532,710.90 2005 12,220 10 5 6,110 65,432,710.90 2005 12,220 10 5 6,110 () (2006)137 2005 2005 12 31 30

2005 2005 12 31 2005 2005 2005 2005 2,385,872.00 6,079,260.00 4,958,857.00 1,265,469.00-2,144,500.01 2,144,500.01-1,423,126.33 1,423,126.33-5,831,457.08 5,756,377.08 75,080.00 2005 2006 3 9 31

2005 2005 2005 2005 2005 2005 2005 - - - - - - - - - - 1,423,126.33-1,423,126.33 75,080.00 5,756,377.08-5,831,457.08 - - - 75,080.00 7,179,503.41 - - 7,254,583.41 - - - - - - - - - - - - 1,265,469.00 6,073,380.00 4,958,857.00-2,144,500.01 2,144,500.01 2,379,992.00 5,880.00-5,880.00 - - - - - - - 1,265,469.00 8,223,760.01 1,340,549.00 15,403,263.42-7,103,357.01 2,385,872.00 - - 7,103,357.01 9,640,455.41 - - 32

2005 () 2005 [2005]120 1 [2005]120 2 3 1 2 3 2006 3 9 33

2005 1 2005 3 22 3 3 1 2004 2 2004 3 2004 4 2005 3 24 2 2005 8 16 3 3 1 2005 2 2005 2005 3 2005 2005 8 18 2005 2005 2.31 34

2005 2005 2,177 35

2005 1 2003 12 1,920 2004 7 2004 8 5 2004 8 16 2004 60%11,220,000.00 2004 8 17 2004 12 10 2004 314 800 1,920 2004 11 17 2004 12 21 2004 552 1,920 1,920 2005 1 7 2005 3 11 2004 552 1,920 2004 10 30 2005 4 5 2005 6 9,980,810.00 2005 6 29 2005 9 1 1,082,869.00 36

2005 22005 9 14 640 9 16 640 2005 9 22 2004 9 1,013,321.00 1,013,321.00 2004 11 9 2004 660 60% 2005 1 28 3,604,112.49 922,284.22 1 : : () 5,195,948.72 0.46 1,961,991.55 0.17 2 9,900,000.00 10,000,000.00 15,457,055.10 1,056,387.38 2005 4 29 37

2005 2006 3 31 6 2005 41 12006 3 2 5 1 V1.01 2005SR08131 20050722 2 V1.01 2005SR08132 20050722 3 V1.01 2005SR08133 20050722 4 V1.01 2005SR08134 20050722 5 V1.01 2005SR08135 20050722 2005IT 2005 IT 2005 IT 2005 SUN 38

2005 (2006)0353 20051231 2005 20051231 2005 2006 3 9 39

2005 : 2005 12 31 : :.1 335,705,907.59 412,784,420.31 251,521,725.07 406,979,520.08.2 165,158,933.77 58,678,185.75 165,158,933.77 58,678,185.75.3 56,402,492.06 96,199,662.77 55,873,078.87 96,199,662.77.4 1,791,000.00 1,791,000.00.5 151,873,958.09 208,529,728.78 142,852,283.26 195,854,902.10.6 13,478,620.72 11,155,835.04 19,700,308.97 11,183,762.47.7 23,656,814.64 21,980,856.11 10,884,224.96 9,570,061.20.8 519,455,195.64 238,712,116.43 354,464,542.59 231,205,109.12.9 311,474.64 89,612.70 264,624.29 55,132.80 1,266,043,397.15 1,049,921,417.89 1,000,719,721.78 1,011,517,336.29.10 686,954.95 35,357,774.10 8,980,227.74 686,954.95 35,357,774.10 8,980,227.74.11 73,176,796.38 15,560,043.83 72,040,842.98 15,560,043.83 9,370,769.25 8,097,363.70 9,064,924.88 8,097,363.70 63,806,027.13 7,462,680.13 62,975,918.10 7,462,680.13 63,806,027.13 7,462,680.13 62,975,918.10 7,462,680.13 63,806,027.13 7,462,680.13 62,975,918.10 7,462,680.13.12 1,884,576.64 1,884,576.64 1,884,576.64 1,884,576.64 1,332,420,955.87 1,057,384,098.02 1,100,937,960.62 1,027,960,244.16 : : : 40

2005 : 2005 12 31 : :.13 7,320,579.10 2,414,848.71 7,320,579.10 2,414,848.71.14 217,116,020.06 238,528,117.78 140,422,804.35 222,437,829.75.15 361,513,803.77 151,020,763.38 226,145,211.51 139,931,078.30.16 3,547,062.90 1,799,156.90 3,165,159.90 1,799,156.90 810,330.47 2,162,347.08 536,567.55 2,162,347.08.17 20,782,689.77 10,674,856.65 19,407,638.88 10,264,527.73.18 395,512.44-76,038.25 382,887.90-76,038.25.19 14,816,296.49 13,501,753.37 10,330,418.13 12,895,350.25.20 1,066,742.60 873,584.78 1,066,742.60 836,357.08.21 627,369,037.60 420,899,390.40 408,778,009.92 392,665,457.55 18,886,232.58 12,483,601.17 18,182,233.01 12,483,601.17 18,886,232.58 12,483,601.17 18,182,233.01 12,483,601.17 646,255,270.18 433,382,991.57 426,960,242.93 405,149,058.72 8,076,019.24.22 122,200,000.00 94,000,000.00 122,200,000.00 94,000,000.00 122,200,000.00 94,000,000.00 122,200,000.00 94,000,000.00.23 344,689,043.43 372,889,043.43 344,689,043.43 372,889,043.43.24 85,139,879.64 69,137,389.61 83,862,369.46 69,137,389.61 17,255,434.24 12,248,702.23 17,157,028.85 12,248,702.23.25 126,532,710.90 87,985,468.40 123,226,304.80 86,784,752.40 61,100,000.00 47,000,000.00 61,100,000.00 47,000,000.00-471,967.52-10,794.99 678,089,666.45 624,001,106.45 673,977,717.69 622,811,185.44 1,332,420,955.87 1,057,384,098.02 1,100,937,960.62 1,027,960,244.16 : : : 41

2005 : 2005 : :.26 1,127,976,233.47 915,132,613.73 1,025,901,326.05 876,136,207.24 887,398,904.02 717,059,204.40 802,384,139.89 682,966,685.24.27 10,579,800.00 7,027,858.13 9,809,602.27 7,027,858.13-229,997,529.45 191,045,551.20 213,707,583.89 186,141,663.87-12,000.00 : 78,499,481.25 58,342,479.84 73,452,420.41 58,329,166.59 31,889,732.98 44,104,465.28 24,985,335.27 42,817,604.05.28 1,451,848.58-1,755,568.99 1,317,308.45-1,813,829.18 118,156,466.64-90,354,175.07 113,964,519.76 86,808,722.41.29 2,061,378.69-375,921.69 2,035,524.94 2,310,329.43.30 325,206.84 17,206.84 42,358.98 17,206.84.31 121,979.67 242,182.47 121,979.67 242,182.47.32 231,215.21 288,232.88 231,215.21 288,232.88 120,433,816.63-90,701,253.19 115,933,168.14 89,090,208.27 18,364,704.97 8,568,317.69 17,766,635.89 8,157,988.77 519,379.13 ( ) 101,549,732.53-82,132,935.50 98,166,532.25 80,932,219.50 1. 2. 3. ( ) 4. ( ) 5. 6. : : : 42

2005 2005 : : : 101,549,732.53-82,132,935.50 98,166,532.25 80,932,219.50 87,985,468.40 92,150,354.60 86,784,752.40 92,150,354.60 189,535,200.93 174,283,290.10 184,951,284.65 173,082,574.10 10,013,464.00 8,093,221.95 9,816,653.23 8,093,221.95 5,006,732.01 4,046,610.98 4,908,326.62 4,046,610.98 982,294.02 8,157,988.77 8,157,988.77 173,532,710.90 153,985,468.40 170,226,304.80 152,784,752.40 47,000,000.00 66,000,000.00 47,000,000.00 66,000,000.00 126,532,710.90 87,985,468.40 123,226,304.80 86,784,752.40 : : : 43

2005 : 2005 : : 1,606,668,040.27 1,374,995,766.95 325,206.84 42,358.98.33 29,025,765.92 23,663,144.26 1,636,019,013.03 1,398,701,270.19 1,335,872,906.09 1,159,484,521.58 53,995,623.56 44,713,056.05 37,942,083.48 37,110,540.53.34 96,353,662.38 73,085,521.58 1,524,164,275.51 1,314,393,639.74 111,854,737.52 84,307,630.45 319,098,878.28 319,098,878.28 2,714,376.79 2,702,376.79 2,200.00 2,200.00.35 6,411,637.45 6,172,020.94 328,227,092.52 327,975,476.01 54,795,376.90 54,594,773.50 424,865,793.70 449,623,994.51 479,661,170.60 504,218,768.01-151,434,078.08-176,243,292.00 5,402,000.00 5,402,000.00 47,000,000.00 47,000,000.00 47,000,000.00 47,000,000.00-41,598,000.00-47,000,000.00-232,034.31-5,385.14-81,409,374.87-138,941,046.69 : : : 44

2005 2005 : : : 1 101,549,732.53 98,166,532.25 ( - ) 519,379.13-5,320,830.86-4,878,098.49 2,978,350.41 2,776,172.74 427,745.51 427,745.51-177,987.57-209,491.49 193,157.82 230,385.52 67,282.57 67,282.57 (: ) 32,113.40 32,113.40-4,596,368.14-4,375,635.80-2,229,179.41-2,203,325.66-289,097,617.86-131,599,203.25 ( ) 108,374,845.47 96,462,768.62 ( ) 203,464,976.67 12,893,636.21-4,330,862.15 16,516,748.32 111,854,737.52 84,307,630.45 2 3 312,175,045.44 248,838,473.39 393,584,420.31 387,779,520.08-81,409,374.87-138,941,046.69 : : : 45

2005 2005 2004.12.31 2005.12.31 1 24,163,199.20 573,714.96 29,355.42 13,094,159.82 13,123,515.24 11,613,398.92 2 23,489,293.26 295,511.72 353.42 13,094,159.82 13,094,513.24 10,690,291.74 3 673,905.94 278,203.24 29,002.20 29,002.00 923,107.18 4 167,800.72 167,800.72 7 23,896,652.04 7,031,813.28 30,928,465.32 8 12,266,726.17 6,488,294.14 18,755,020.31 9 11,629,925.87 543,519.14 12,173,445.01 10 11 12 13 14 15 16 17 18 19 20 46

2005 2005 2003.12.3 2004.12.31 1 23,497,572.89 613,437.48 29,355.42 12,670,603.32 12,699,958.74 11,411,051.63 2 22,822,197.10 353.42 12,670,603.32 12,670,956.74 10,151,240.36 3 675,375.79 613,437.48 29,002.00 29,002.00 1,259,811.27 4 167,800.72 167,800.72 7 23,896,652.04 7,011,266.63 30,907,918.67 8 12,266,726.17 6,467,747.49 18,734,473.66 9 11,629,925.87 543,519.14 12,173,445.01 10 11 12 13 14 15 16 17 18 19 20 47

2005 2001 3 15 2000 1:1 [2004]38 2400 2004 4 27 2004 2004 9,400 10 3 2,820 12,220 12,220 2005 1 2 1 1 12 31 3 4 5 6 7 48

2005 8 1 1 5% 1 2 20% 2 3 40% 3 60% 2 A B 3 / / 9 49

2005 50 10 1 2 3 : 10 4 5 11 1 5%

2005 % 40 2% 5 19% 5 19% 5 19% 5 20% 5 19% 12 3 13 1 2 3 4 51

2005 52 14 10 15 1 2 3 16 1 2 3 17

2005 18 19 50% 50% 20 1 % 4%17% 5% 7% 15% 1 2 1 17.5% 2 23.84% 2 1 15% 2 2005 7 15% 3 15% 2000 222 [2003]03810 53

2005 2000 5 1 2002 12 31 2003 1 1 2005 12 31 4 2005 10 15% 2006 1 5 [2000]187 17% 3% 6 [2002]70 17% 3% 1 2005 12 31 6,630,000.00 850,000.00-100% 100% 950,000.00 950,000.00-100% 100% 10,000,000.00 9,900,000.00-99% 99% 2,000,000.00 3,604,112.49 60% 60% 9,800,000.00 4,998,000.00 51% 51% 1,000,000.00 500,000.00 50% 50% 54

2005 2 2004 1 2004 60% 2005 1 2005 1 2 2005 1 2005.12.31 2004.12.31 23,648.12 29,218.35 312,096,280.75 392,218,944.72 23,585,978.72 20,536,257.24 335,705,907.59 412,784,420.31 77,078,512.72 18.67% 2005.12.31 2004.12.31 5,888.62 1.0403 6,125.93 50,774.15 1.0637 54,008.46 7,106,498.51 8.0702 57,350,864.28 694,845.87 8.2765 5,750,891.84 57,356,990.21 5,804,900.30 2005 12 31 335,705,907.59 23,530,862.15-2005 12 31 312,175,045.44 2004 12 31 412,784,420.31 19,200,000.00-2004 12 31 393,584,420.31 /( ) (81,409,374.87) 2005 12 31 2004 12 31 55

2005 2 1 2005.12.31 2004.12.31 165,326,734.49 10,000,000.00 - - 165,326,734.49 10,000,000.00-48,678,185.75-48,678,185.75 58,678,185.75 (167,800.72) - 165,158,933.77 58,678,185.75 A 5,300,000.00 5,579,492.19 2005 12 31 4,788,478.00 4,932,715.02 2005 12 31 4,970,000.00 5,002,852.99 2005 12 31 4,812,268.54 4,644,467.82 2005 12 31 B 2005 12 31 C 106,648,548.74 181.75% 2 2005.01.01 2005.12.31-167,800.72 - - 167,800.72 - - - - - 167,800.72 - - 167,800.72 56

2005 2005 12 31 3 2005.12.31 2004.12.31 7,975,303.88 21,687,549.83 48,427,188.18 74,512,112.94 56,402,492.06 96,199,662.77 39,797,170.71 41.37% 4 2005.12.31 2004.12.31-1,791,000.00 5 1 A 2005.12.31 2004.12.31 % % 153,636,198.33 94.51 7,681,809.98 204,688,299.77 88.22 10,234,415.01 4,004,011.75 2.46 800,802.35 26,078,833.30 11.24 12,695,766.66 3,733,722.24 2.30 1,493,488.90 960,108.97 0.41 384,043.59 1,190,317.51 0.73 714,190.51 291,780.00 0.13 175,068.00 162,564,249.83 100.00 10,690,291.74 232,019,022.04 100.00 23,489,293.26 B 2005.01.01 2005.12.31 23,489,293.26 295,511.72 353.42 13,094,159.82 10,690,291.74 a 2005 12 31 5% 2,379,992.00 5,880.00 57

2005 b 2005 12 31 62,761,225.89 38.61% c2004 2004 18,700,000.00 60% 11,220,000.00 2005 16,603,810.00 1,082,869.00 1,082,869.00, 1,013,321.00 1,013,321.00 2 A 2005.12.31 2004.12.31 % % 144,478,372.12 94.42 7,223,918.60 191,346,376.93 87.50 9,567,318.85 3,604,011.75 2.36 720,802.35 26,078,833.30 11.93 12,695,766.66 3,730,822.24 2.44 1,492,328.90 960,108.97 0.44 384,043.59 1,190,317.51 0.78 714,190.51 291,780.00 0.13 175,068.00 153,003,523.62 100.00 10,151,240.36 218,677,099.20 100.00 22,822,197.10 B 2005.01.01 2005.12.31 22,822,197.10-353.42 12,670,603.32 10,151,240.36 C 2005 12 31 5% 2,379,992.00 5,880.00 58

2005 6 1 A 2005.12.31 2004.12.31 % % 12,642,483.45 87.78 432,368.91 5,422,595.63 45.85 211,030.41 1,191,841.25 8.28 238,368.19 5,900,079.20 49.87 180,015.84 440,359.20 3.06 176,143.68 106,900.00 0.90 42,760.00 127,044.00 0.88 76,226.40 400,166.15 3.38 240,099.69 14,401,727.90 100.00 923,107.18 11,829,740.98 100.00 673,905.94 B 2005.01.01 2005.12.31 673,905.94 278,203.24 29,002.00-923,107.18 C 2005 12 31 5% D 2005 12 31 4,950,889.67 34.38% 2 A 2005.12.31 2004.12.31 % % 19,245,553.55 91.82 778,008.49 5,451,992.91 45.97 212,500.26 1,147,163.49 5.47 229,432.70 5,900,079.20 49.75 180,015.84 440,359.20 2.10 176,143.68 106,900.00 0.90 42,760.00 127,044.00 0.61 76,226.40 400,166.15 3.38 240,099.69 20,960,120.24 100.00 1,259,811.27 11,859,138.26 100.00 675,375.79 B 2005.01.01 2005.12.31 675,375.79 613,437.48 29,002.00-1,259,811.27 C 2005 12 31, 5% 59

2005 7 1 2005.12.31 2004.12.31 % % 20,532,741.35 86.79 21,683,195.45 98.64 2,907,607.62 12.29 296,585.46 1.35 215,390.47 0.91 1,075.20 0.01 1,075.20 0.01 - - 23,656,814.64 100.00 21,980,856.11 100.00 2 2005 12 31 5% 3 2005 12 31 1 8 1 2005.12.31 2004.12.31 116,764,495.31 82,190,182.14 26,292,884.86 28,781,875.76 377,617,896.58 133,376,763.58 17,759,666.26 6,311,229.04 11,948,717.95 11,948,717.95 550,383,660.96 262,608,768.47 (30,928,465.32) (23,896,652.04) 519,455,195.64 238,712,116.43 287,774,892.49 109.58 %, 2 2005.01.01 2005.12.31 12,266,726.17 6,488,294.14 - - 18,755,020.31 11,629,925.87 543,519.14 - - 12,173,445.01 23,896,652.04 7,031,813.28 - - 30,928,465.32 60

2005 9 2005.01.01 2005.12.31 55,132.80 1,106,157.92 884,666.43 276,624.29 34,479.90 48,510.51 48,140.06 34,850.35 89,612.70 1,154,668.43 932,806.49 311,474.64 221,861.94 247.58 % 10 1 2005.12.31 - - - - - - - - - 500,000.00 113,045.05 386,954.95 - - - - - 300,000.00-300,000.00-372,152.33 372,152.33 - - 1,172,152.33 485,197.38 686,954.95 (-) (-) (-) (-) - 1,172,152.33 485,197.38 686,954.95 A % 2005-500,000.0 0 (113,045.05) - (113,045.05) 386,954.95 50% -113,045.05 61

2005 B % 2005-300,000.00 300,000.00 0.6% C 2005.01.01 2005.12.31 372,152.33 - - 372,152.33 372,152.33 - - - 2 2005.12.31 - - - - 8,980,227.74 28,202,485.99 2,211,924.58 34,970,789.15-500,000.00 113,045.05 386,954.95 - - - - - - - - - 372,152.33 372,152.33-8,980,227.74 29,074,638.32 2,697,121.96 35,357,744.10 (-) (-) (-) (-) A 8,980,227.74 29,074,638.32 2,697,121.96 35,357,744.10 % 2004 7,045,820.00 - (2,117,675.28) - (183,267.54) 6,862,552.46 100% 2005-7,874,455.00 229,963.10-229,963.10 8,104,418.10 100% 2005-9,900,000.00 1,045,823.51-1,045,823.51 10,945,823.51 99% 62

2005 2005-3,231,960.16 922,284.22-922,284.22 4,154,244.38 60% 2005-4,998,000.00 (94,249.30) - (94,249.30) 4,903,750.70 51% 7,045,820.00 26,004,415.16 (13,853.75) - 1,920,553.99 34,970,789.15 B % 2005-500,000.00 (113,045.05) (113,045.05) 386,954.95 50% -126,898.80 C 2005.01.01 2005.12.31 372,152.33 - - 372,152.33 372,152.33 - - - 11 (1) 2005.01.01 2005.12.31-47,127,089.10-47,127,089.10 10,543,396.74 2,279,231.69 1,638,842.17 11,183,786.26 1,487,270.00 885,701.11 180,400.00 2,192,571.11 2,642,347.43 763,701.00-3,406,048.43-8,451,199.68-8,451,199.68 887,029.66 22,300.00 93,227.86 816,101.80 15,560,043.83 59,529,222.58 1,912,470.03 73,176,796.38 57,616,752.55 370.29% 63

2005 2 2005.01.01 2005.12.31-94,254.18-94,254.18 5,832,234.16 1,889,461.88 1,614,215.09 6,107,480.95 867,272.50 215,112.28 105,830.00 976,554.78 929,587.80 711,058.43-1,640,646.23-111,477.42-111,477.42 468,269.24 60,652.92 88,566.47 440,355.69 8,097,363.70 3,082,017.11 1,808,611.56 9,370,769.25 3 2005 12 31 12 2005.01.01 2005.12.31 2,312,322.15-2,312,322.15 427,745.51 1,884,576.64 427,745.51 3 9 13 2005.12.31 2004.12.31 2,617,704.60 2,188,553.80 4,702,874.50 226,294.91 7,320,579.10 2,414,848.71 4,905,730.39 203.15% 14 2005.12.31 2004.12.31 217,116,020.06 238,528,117.78 A 2005 12 31 5% 3,034.19 B 2005 12 31 3 703,589.20 15 2005.12.31 2004.12.31 361,513,803.77 151,020,763.38 A 2005 12 31 5% 64

2005 B 2005 12 31 43,927,354.43 C 210,493,040.39 139.38% 16 2005.12.31 2004.12.31 3,547,062.90 1,799,156.90 1,747,906.00 97.15% 17 2005.12.31 2004.12.31 10,196,724.87 5,585,848.21 1,434,197.11 957,999.49 922,862.34 (177,422.57) 7,801,108.13 4,100,766.64 427,797.32 207,664.88 20,782,689.77 10,674,856.65 10,107,833.12 94.69% 18 2005.12.31 2004.12.31 3% 395,512.44 (76,038.25) 471,550.69 620.15% 19 2005.12.31 2004.12.31 14,816,296.49 13,501,753.37 A 2005 12 31 5% B ( ) 6,545,463.71 2,244,147.00 5% Avaya International Sales ltd. 2,238,208.15 65

2005 C 3 ( ) 137,580.00 20 2005.12.31 2004.12.31 656,742.60 486,357.08 410,000.00 387,227.70 1,066,742.60 873,584.78 21 2005.12.31 2004.12.31 18,886,232.58 12,483,601.17 6,402,631.41 51.29% 22 2005.01.01 2005.12.31 1 70,000,000.00-21,000,000.00 - - 91,000,000.00 - - - - - 8,750,000.00-2,625,000.00 - - 11,375,000.00 61,250,000.00-18,375,000.00 - - 79,625,000.00 2 - - - - - 3 - - - - - 4 - - - - - - 70,000,000.00-21,000,000.00 - - 91,000,000.00 - - - - - - 1 - - - - - - 2 - - - - - - - - - - - - - - - - - - 66

2005 124,000,000.00-7,200,000.00 - - 31,200,000.00 2 - - - - -- - 3 - - - - - - 4 - - - - - - 24,000,000.00-7,200,000.00 - - 31,200,000.00 94,000,000.00-28,200,000.00 - - 122,200,000.00 (1)2004 2004 10 3 2820 2005 021 (2) 5% % 11,375,000.00 9.31 22,750,000.00 18.62 17,290,000.00 14.15 14,560,000.00 11.91 13,650,000.00 11.17 9,100,000.00 7.45 88,725,000.00 72.61 23 2005.01.01 2005.12.31 372,889,043.43-28,200,000.00 344,689,043.43 221 24 2005.01.01 2005.12.31 24,497,404.46 10,013,464.00-34,510,868.46 12,248,702.23 5,006,732.01-17,255,434.24 32,391,282.92 982,294.02-33,373,576.94 69,137,389.61 16,002,490.03-85,139,879.64 67

2005 25 : 2005.01.01 2005.12.31 87,985,468.40 101,549,732.53 63,002,490.03 126,532,710.90 1 101,549,732.53 2 47,000,000.00 10,013,464.00 5,006,732.01 982,294.02 3 6110 26 1 A 2005 2004 999,868,096.60 813,201,555.86 840,162,364.39 690,369,115.67 815,187,422.50 676,799,915.42 752,794,533.35 620,751,672.86 184,680,674.10 136,401,640.44 87,367,831.04 69,617,442.81 128,108,136.87 74,197,348.16 74,970,249.34 26,690,088.73 B 1,127,976,233.47 887,398,904.02 915,132,613.73 717,059,204.40 2005 2004 684,288,834.95 525,287,910.80 519,870,793.03 387,929,029.42 82,726,743.54 66,174,409.97 143,997,483.62 136,833,194.23 360,960,654.98 295,936,583.25 251,264,337.08 192,296,980.75 1,127,976,233.47 887,398,904.02 915,132,613.73 717,059,204.40 C 385,811,831.73 34.20% D 212,843,619.74 23.26% E 170,339,699.62 23.76% 68

2005 2 A 2005 2004 905,599,838.83 732,759,734.82 801,402,169.21 656,276,596.51 742,170,429.80 609,599,708.34 717,006,127.14 588,744,316.40 163,429,409.03 123,160,026.48 84,396,042.07 67,532,280.11 120,301,487.22 69,624,405.07 74,734,038.03 26,690,088.73 1,025,901,326.05 802,384,139.89 876,136,207.24 682,966,685.24 B 2005 2004 592,902,797.09 448,649,139.29 493,781,330.39 369,845,679.45 73,282,709.79 58,548,353.43 132,581,983.08 132,957,209.73 359,715,819.17 295,186,647.17 249,772,893.77 180,163,796.06 1,025,901,326.05 802,384,139.89 876,136,207.24 682,966,685.24 27 2005 2004 5% 6,810,026.63 4,040,906.39 7% 2,638,841.36 2,090,866.22 3% 1,130,932.01 896,085.52 10,579,800.00 7,027,858.13 3,551,941.87 50.54% 28 2005 2004 5,474,293.83 2,518,547.41 4,620,637.45 4,357,298.13 24,269.31 1,604.23 - - 573,922.89 81,577.50 1,451,848.58 (1,755,568.99) 1 69

2005 2 3,207,417.57 182.70% 29 1 2005 2004 2,023,042.62 38,805.61 2,023,042.62 38,805.61 578,289.12 337,116.08 (113,045.05) - 12,000.00 - (372,152.33) - 167,800.72 - - - 2,061,378.69 375,921.69 1,685,457.00 448.35% 2 2005 2004 2,023,042.62 38,805.61 2,023,042.62 38,805.61 552,435.37 2,271,523.82 (126,898.80) - - - (372,152.33) - 167,800.72 - - - 2,035,524.94 2,310,329.43 30 2005 2004 325,206.84 17,206.84 1 [2000]187 [2002]70 17% 3% 325,206.84 70

2005 2 308,000.00 1,789.99% 31 2005 2004 108,273.10 241,582.47 13,706.57 600.00 121,979.67 242,182.47 32 2005 2004-250,000.00 113,756.74 1,428.93 67,282.57-32,113.40-18,062.50 36,803.95 231,215.21 288,232.88 33 29,025,765.92 : 2005 19,200,000.00 2,806,532.95 2,218,790.07 34 96,353,662.38 2005 23,530,862.15 11,277,448.23 10,589,437.57 6,033,076.00 6,025,188.08 4,746,432.23 4,130,100.04 3,704,887.50 3,226,235.10 3,033,005.29 2,022,315.15 2,398,346.59 1,354,577.62 71

2005 72 35 6,411,637.45 2005 6,411,637.45 1 1 A. B. :

2005 C. 005.01.01 2005.12.31 6,630,000.00 - - 6,630,000.00-950,000.00-950,000.00-10,000,000.00-10,000,000.00 2,000,000.00 - - 2,000,000.00-9,800,000.00-9,800,000.00-5,000,000.00-5,000,000.00 D. 2005.12.31 2004.12.31 % % 6,630,000.00 100 6,630,000.00 100 950,000.00 100 - - 9,900,000.00 99 - - 3,604,112.49 60 - - 4,998,000.00 51 - - 4,500,000.00 90 - - 2 2 73

2005 A 2005 2004 5,195,948.72 2,761,346.22-426,966.09 1,961,991.55 1,928,841.77 - - B 2005 1000 1000 990 99% 10 1% 2005 7 3 2005.12.31 % 2004.12.31 % 2,385,872.00 1.47 1,265,469.00 0.55 3,034.19 0.01 4,700.86 0.01 - - 140,500.00 0.01 - - 9,000.09 0.01 2005 12 31 2006 3 31 2005 2005 12220 10 5 10 5 2006 3 9 74

2005 1 2005.01.01 4,456,412.31 300,000.00 831,683.30-201,495.34-2 2005 7,372,286.41 3,559,707.69 1,657,633.09 120,492.73 1,537,140.36 2005 2004 2005 2004 2005 2004 2005 2004 33.92 30.62 35.76 41.38 1.88 2.03 1.88 2.22 17.42 14.48 18.37 19.57 0.97 0.96 0.97 1.05 14.98 13.16 15.79 17.79 0.83 0.87 0.83 0.96 12.70 13.11 13.39 17.73 0.70 0.87 0.70 0.95 75

2005 2005 2,702,376.79 13,094,159.82 121,979.67 231,215.21 278,879.96 15,408,421.11 2006 3 9 2006 3 9 76

2005 1 2 3 4 2006 3 9 77

2005 2005 2005 2006 3 9 78