Chi.indb

2011 3 3132011 9 30 2011 12 5 2011 7 20 22 2011 9 30 2009 3 31 2010 3 31 2011 3 31 2011 9 30 3 31 2009 2010 2011 9 30 2011 2010 12 13 1 100% 100% 100% * 2011 6 20 1 100% 100% 2011 3 3 1 100% 100% 100% 2011 3 2 1 100% 100% 100% I-1

3 31 2009 2010 2011 9 30 2011 2005 4 6 10 100% 100% 100% 100% 100% American Overseas Investment Inc. American Overseas 1973 1 26 10 100%^ 100%^ 2010 6 29 2,000,000 60% 60% 60% 2008 1 10 10,000 100% 100% 100% 100% 100% 1961 3 6 350,000,000 100% 100% 100% 100% 100% 2003 9 19 100 100% 100% 100% 100% 100% 2011 2 7 1 100% 100% 100% 2006 1 5 10,000 100% 100% 100% 100% 100% 1979 2 23 500,000 100% 100% 100% 100% 100% 2005 5 7 10,000 100% 100% 100% 100% 100% 1971 10 15 200 100%^ 100%^ 2008 1 2 1 100% 100% 100% 100% 100% 2010 12 30 10 60% 60% 60% I-2

3 31 2009 2010 2011 9 30 2011 2007 7 18 1 100% 100% 100% 100% 100% 2007 9 25 1 100% 100% 100% 100% 100% 2004 11 24 100 100% 100% 100% 100% 100% 2005 5 26 5,000,000 100% 100% 100% 100% 100% 2006 1 5 10,000 100% 100% 100% 100% 100% 2009 3 17 5,000,000 67.5% 67.5% 100% 100% 100% 2005 8 17 30,000 100% 100% 100% 100% 100% Zlotowski s Diamond Cutting Works Proprietary Limited Zlotowski 1951 10 25 10,020,000 84%^ 84%^ 2006 4 25 10,000,000 100% 100% 100% 100% 100% 2010 5 21 10,000,000 51% 51% 51% 2006 11 13 5,000,000 100% 100% 100% 100% 100% 2004 3 26 10,000,000 50% # 50% # 50% # 2007 9 17 10,000,000 51% 51% 51% 51% 51% I-3

3 31 2009 2010 2011 9 30 2011 2003 4 16 1,000,000 100%^ 100%^ 2008 12 25 10,000,000 100% 100% 100% 100% 100% 2011 11 10 5,000,000 51% 2011 7 2 5,000,000 50% # 50% # 2010 4 20 3,000,000 65% 65% 65% 2008 12 25 1,000,000 100% 100% 97% 70% 70% 2008 12 25 5,000,000 100% 100% 51% 51% 51% 2008 12 25 5,000,000 100% 50% # 50% # 50% # 50% # 2008 12 23 2,000,000 100% 100% 100% 100% 100% 2009 11 27 1,000,000 100% 100% 100% 100% 2002 4 2 40,000,000 100% 100% 100% 100% 100% 2006 1 11 10,000,000 100% 100% 100% 100% 100% 2008 1 29 2,500,000 100% 100% 100% 100% 100% I-4

3 31 2009 2010 2011 9 30 2011 2010 4 21 5,000,000 100% 100% 100% 2011 7 25 10,000,000 100% 100% 2000 1 4 3,500,000 100% 100% 100% 100% 100% 2009 12 4 5,000,000 100% 100% 100% 100% 2010 12 16 3,000,000 55% 55% 55% 2007 3 14 5,000,000 100% 100% 100% 100% 100% 1988 11 9 14,430,000 100%^ 100%^ 2007 12 10 5,000,000 100% 100% 100% 100% 100% 2003 2 28 10,000,000 50% # 50% # 50% # 50% # 50% # 2009 4 14 500,000 70% 70% 70% 70% 2009 8 19 1,500,000 50% # 50% # 50% # 50% # 2011 4 21 3,000,000 70% 70% 2010 8 25 8,000,000 70% 70% 70% I-5

2010 1 26 5,000,000 3 31 2009 2010 2011 9 30 2011 51% 51% 51% 51% 2006 5 25 2,000,000 50% # 50% # 50% # 50% # 50% # 2003 1 20 5,000,000 70% 70% 70% 70% 70% 2006 3 31 10,000,000 100% 100% 100% 100% 100% 2000 1 5 10,000,000 60% 60% 60% 60% 60% 2011 7 19 1,000,000 51% 51% 2011 6 27 100,000,000 100% 100% 2008 8 11 2,000,000 60% 55% 55% 55% 55% 2007 4 19 8,000,000 50% # 50% # 50% # 50% # 50% # 2003 11 26 15,000,000 70% 70% 70% 70% 70% 2009 8 24 3,000,000 51% 51% 51% 51% 2009 8 3 1,000,000 100% 100% 100% 100% 2010 12 3 3,000,000 50% # 50% # 50% # I-6

3 31 2009 2010 2011 9 30 2011 2010 3 4 2,000,000 50% # 50% # 50% # 50% # 2011 9 2 8,000,000 51% 51% 2007 6 11 20,000,000 51% 51% 51% 51% 51% 2011 3 11 3,000,000 50% # 50% # 50% # 2010 12 3 3,000,000 51% 51% 51% 2011 11 17 20,000,000 51% 1993 8 13 33,004,060 25% 25% 25% 25% 25% * # ^ 2011 9 30 E 32 I-7

2011 3 31 2008 12 31 2009 12 31 2011 3 31 2009 3 31 2010 3 31 2011 3 31 2008 12 31 2009 12 31 2011 3 31 2008 12 31 2009 12 31 2011 3 31 2009 3 31 2010 3 31 2011 3 31 2008 12 31 2009 12 31 2011 3 31 2009 12 31 2011 3 31 2008 12 31 2009 12 31 2011 3 31 2011 3 31 2008 12 31 2009 12 31 2011 3 31 2008 12 31 2009 12 31 2011 3 31 2008 12 31 2009 12 31 2011 3 31 2010 12 31 I-8

2008 12 31 2009 12 31 2010 12 31 2010 12 31 2010 12 31 2009 12 31 2010 12 31 2009 12 31 2010 12 31 2010 12 31 2009 12 31 2010 12 31 2009 12 31 2010 12 31 2009 12 31 2010 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2010 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2009 12 31 2010 12 31 2009 12 31 2010 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 I-9

2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2009 12 31 2010 12 31 2010 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 2008 12 31 2009 12 31 2010 12 31 I-10

3.340 2009 3 312010 3 31 2011 3 312011 9 30 E 1 E 1 2011 9 30 2009 3 312010 3 312011 3 312011 9 30 2010 9 30 2010 9 30 24102010 9 30 2010 9 30 2010 9 30 2010 9 30 I-11

A. E 3 31 9 30 2009 2010 2011 2010 2011................................ 7 18,410.9 22,933.6 35,042.5 13,315.0 23,874.5............................... (13,084.9) (16,378.6) (25,114.9) (9,613.8) (16,733.6).................................. 5,326.0 6,555.0 9,927.6 3,701.2 7,140.9............................... 8 160.9 176.1 194.6 89.6 124.9......................... 9 (0.4) (1.1) 39.9 10.9 79.1......................... (2,434.7) (3,197.9) (4,401.9) (1,756.2) (2,864.4)............................... (508.8) (643.1) (911.4) (432.6) (709.6)............................... (163.7) (116.9) (122.1) (21.3) (36.2)............................... 10 (157.1) (62.0) (102.2) (29.6) (116.7)..................... 1.3 8.5 (4.7)............................. 11 2,223.5 2,718.6 4,619.8 1,562.0 3,618.0.................................. 13 (309.1) (511.8) (947.3) (338.8) (797.1)......................... 1,914.4 2,206.8 3,672.5 1,223.2 2,820.9............... 80.8 1.3 360.0 131.0 243.8............. 2.3 2.1 1.0 3.6 83.1 1.3 362.1 132.0 247.4................. 1,997.5 2,208.1 4,034.6 1,355.2 3,068.3....................... 1,896.7 2,138.6 3,537.6 1,175.5 2,691.5......................... 17.7 68.2 134.9 47.7 129.4 1,914.4 2,206.8 3,672.5 1,223.2 2,820.9....................... 1,978.2 2,139.9 3,886.5 1,303.1 2,925.8......................... 19.3 68.2 148.1 52.1 142.5 1,997.5 2,208.1 4,034.6 1,355.2 3,068.3........................ 14 21.2 23.9 39.5 13.1 30.1 I-12

B. E 3 31 I-13 2009 2010 2011 2011 9 30 2011 9 30. 16 714.6 834.6 1,165.3 1,618.5..... 17 87.3 101.6............. 18 86.2 51.1 231.7 211.3. 19 39.3 47.8 45.2 48.8. 20 30.0 80.0......... 21 35.1 35.2 16.0 15.5 905.2 1,048.7 1,545.5 1,995.7............. 22 8,094.2 9,274.8 17,100.8 28,877.8........... 23 1,365.9 2,435.8 3,227.7 3,505.5. 20 2,134.7 1,782.3 1,278.3 88.0......... 21 136.0 136.1 135.3 133.7....... 24 24.8..... 25 164.7....... 15.9... 26 467.7 225.9 156.3 186.9... 26 1,289.9 2,106.7 5,604.8 3,205.4 13,504.3 15,961.6 27,503.2 36,186.8........... 27 815.7 1,306.7 2,049.6 3,138.4. 20 4,726.8 4,639.8 7,833.3 8,458.6..... 28 27.9 84.1 164.7 238.6......... 39.0 130.8 353.0 756.9......... 29 113.6 160.3 2,881.0 9,021.7......... 30 2,060.8 2,189.2 3,931.6 4,960.8 7,783.8 8,510.9 17,213.2 26,575.0......... 5,720.5 7,450.7 10,290.0 9,611.8..... 6,625.7 8,499.4 11,835.5 11,607.5..... 35 183.8 164.0 162.6 190.9 183.8 164.0 162.6 190.9............. 6,441.9 8,335.4 11,672.9 11,416.6....... 31 692.8 698.1 700.1................ 5,650.0 7,458.7 10,606.8 10,926.6. 6,342.8 8,156.8 11,306.9 10,926.6........... 99.1 178.6 366.0 490.0 6,441.9 8,335.4 11,672.9 11,416.6

C. E 31 a b 2008 4 1................ 687.8 678.7 342.5 368.1 2,577.0 4,654.1 73.9 4,728.0............ 79.2 79.2 1.6 80.8............ 2.3 2.3 2.3...................... 1,896.7 1,896.7 17.7 1,914.4.............. 81.5 1,896.7 1,978.2 19.3 1,997.5...................... 5.0 5.0 5.0........ 5.9 5.9........ 147.5 (142.0) 5.5 5.5......................... 18.5 (18.5)......................... (300.0) (300.0) (300.0) 2009 3 31............... 692.8 826.2 361.0 449.6 4,013.2 6,342.8 99.1 6,441.9............ 1.3 1.3 1.3...................... 2,138.6 2,138.6 68.2 2,206.8.............. 1.3 2,138.6 2,139.9 68.2 2,208.1...................... 5.3 5.3 5.3........ 14.0 14.0.......... 179.1 (206.3) (27.2) (27.2)......................... 8.7 (8.7)......................... (304.0) (304.0) (2.7) (306.7) 2010 3 31............... 698.1 1,005.3 369.7 450.9 5,632.8 8,156.8 178.6 8,335.4 I-14

E 31 a b 2010 4 1................ 698.1 1,005.3 369.7 450.9 5,632.8 8,156.8 178.6 8,335.4............ 346.8 346.8 13.2 360.0............ 2.1 2.1 2.1...................... 3,537.6 3,537.6 134.9 3,672.5.............. 348.9 3,537.6 3,886.5 148.1 4,034.6 E 32....... 22.9 22.9....................... 0.3 0.3 (1.9) (1.6)...................... 2.0 2.0 2.0........ 20.9 20.9........ 446.0 (428.0) 18.0 18.0......................... 27.3 (27.3)......................... (756.7) (756.7) (2.6) (759.3) 2011 3 31............... 700.1 1,451.3 397.0 799.8 7,958.7 11,306.9 366.0 11,672.9............ 230.7 230.7 13.1 243.8............ 3.6 3.6 3.6...................... 2,691.5 2,691.5 129.4 2,820.9.............. 234.3 2,691.5 2,925.8 142.5 3,068.3 E 32....... 2.3 2.3.................. (700.1) 700.1........ 3.6 3.6.......... (1.1) (1.1) 1.5 0.4........ 348.1 (347.6) 0.5 0.5......................... 0.3 (0.3)......................... (3,305.5) (3,305.5) (25.9) (3,331.4) 2011 9 30............... 2,499.5 397.3 1,034.1 6,995.7 10,926.6 490.0 11,416.6 I-15

E 31 a b 2010 4 1................ 698.1 1,005.3 369.7 450.9 5,632.8 8,156.8 178.6 8,335.4............ 126.6 126.6 4.4 131.0............ 1.0 1.0 1.0...................... 1,175.5 1,175.5 47.7 1,223.2.............. 127.6 1,175.5 1,303.1 52.1 1,355.2 E 32....... 22.9 22.9....................... 0.3 0.3 (1.9) (1.6)...................... 2.0 2.0 2.0........ 8.6 8.6........ 185.0 (152.2) 32.8 32.8......................... 0.3 (0.3)......................... (6.8) (6.8) (2.6) (9.4) 2010 9 30.................. 700.1 1,190.3 370.0 578.5 6,649.3 9,488.2 257.7 9,745.9 (a) 2008 4 12009 3 312010 3 312011 3 312010 9 30 2011 9 30 (i)(ii) (b) I-16

D. E 3 31 9 30 2009 2010 2011 2010 2011...................... 2,223.5 2,718.6 4,619.8 1,562.0 3,618.0.................... (88.6) (77.0) (70.3) (34.5) (37.6).................... 157.1 62.0 102.2 29.6 116.7.......... (1.3) (8.5) 4.7........ 17.8 483.8 725.7 413.6 343.4........ (164.7)........................ 160.5 225.8 246.8 112.6 153.6.......... 32 (17.2) (17.2).......... 7.9 2.3 4.6... 16.5 2.3 5.6 1.9 1.1..................... 3.3.................. 20.1 (12.9) 5.5 11.6 31.9........ 2,505.6 3,394.1 5,630.7 2,081.9 4,070.3............................ (821.5) (1,185.5) (7,507.8) (5,742.0) (11,365.6)........ 177.0 (1,068.9) (675.3) (213.1) (165.8)........ (385.4) 490.2 676.6 172.2 849.9.................... (6.8) (6.9) (6.9) (1.8) (3.6)................ 1,468.9 1,623.0 (1,882.7) (3,702.8) (6,614.8)...................... (190.4) (139.6) (246.5) (21.0) (47.3).................. (175.1) (259.4) (483.1) (195.8) (356.6)........ 1,103.4 1,224.0 (2,612.3) (3,919.6) (7,018.7)........................ 88.6 77.0 70.3 34.5 37.6........ (390.1) 241.8 68.3 82.6 (28.9)............ (2,143.3) (253.4) (108.1) (13.0).............. 70.9 555.8 692.1 183.0 1,190.3.................... (484.8) (272.2) (768.9) (504.9) (410.2)........ (47.7) (55.0) (25.8)... 1.0 7.1 2.4 0.4 2.4.............. (6.1) (6.3) (6.1) (2.9).......... 12.7 6.1 26.1 10.5 5.0...................... (24.8)... 32 3.0 3.0 43.5........ (2,851.1) 308.2 (75.9) (229.7) 812.0 I-17

3 31 9 30 2009 2010 2011 2010 2011.................................. (157.1) (62.0) (102.2) (29.6) (116.7).............................. 1,326.1 2,596.5 4,278.9 1,182.6 7,525.3.............................. (4,726.8) (2,549.8) (1,601.5) (88.0) (1,441.1)........................ 5,248.2 747.6 7,134.5 4,115.6 4,440.9............................ (831.8) (1,161.8) (4,673.0) (1,675.9) (7,364.6).................... 5.9 14.0 20.9 8.6 3.6... (1.6) (1.6).......................... 5.0 5.3 2.0 2.0.................................. (6.7) (9.3) (9.3) (31.4)............................ 1,084.5 1,614.6 2,436.4 938.8 2,264.0.............................. (761.5) (1,970.0) (1,452.3) (74.2) (1,623.1)............... 24.9 67.9 94.3 58.2 107.2.................. (11.7) (19.8) (14.3) (11.1)................. 1,217.4 (716.1) 6,107.3 4,412.9 3,753.0................. (530.3) 816.1 3,419.1 263.6 (2,453.7).................... 1,802.4 1,289.9 2,106.7 2,106.7 5,604.8................................ 17.8 0.7 79.0 20.0 54.3... 1,289.9 2,106.7 5,604.8 2,390.3 3,205.4 I-18

E. 1. 2011 9 30 Chow Tai Fook (Holding) LimitedCTF Holding Centennial Success Limited (a) (b) (c) (d) 2011 9 302009 3 312010 3 312011 3 312011 9 30 American Overseas Zlotowski 32 2011 9 272011 9 27 2011 9 27 I-19

2011 9 27 2. 2011 4 1 1 1 7 1 9 2 10 2 11 2 12 2 13 2 1 4 12 3 19 (2011 2 27 (2011 2 28 (2011 2 20 2 1 2011 7 1 2 2013 1 1 3 2012 1 1 4 2012 7 1 10 27 10 10(a) (b) (c) 10 1010 10 I-20

3. I-21

20......................... 10%................... 20% 33 1 / 3 %....................... 20%.............................. 25% I-22

39 36 36 I-23

39 I-24

I-25

I-26

I-27

4. I-28

5. 3 I-29

6. 3 3 31 2009 2010 2011 2011 9 30........ 4,779.3 5,640.8 9,084.0 5,802.1.................... 24.8.................. 164.7 4,779.3 5,640.8 9,084.0 5,991.6........................ 5,160.2 5,404.9 11,468.0 18,775.9...................... 2,060.8 2,189.2 3,931.6 4,960.8 7,221.0 7,594.1 15,399.6 23,736.7 I-30

2009 3 31 2010 3 312011 3 31 2010 9 302011 9 30 1.4% 1.0% 0.9% 1.0% 0.8% 2009 3 312010 3 312011 3 31 2010 9 30 2011 9 307.1% 4.8% 6.8% 10.7% 11.3% 5%5% 5% 3 31 9 30 2009 2010 2011 2010 2011.. 8.7 6.6 7.9 8.9 18.6 I-31

% 2009 3 31........................ 291.9 291.9 291.9............................ 5.0 506.5 506.5 506.5.......................... 4,220.3 4,220.3 4,220.3............................ 5.3 7.2 7.2 7.1.......................... 20.8 20.8 20.8.................................. 5.5 113.9 113.9 113.6.................................. 1.9 2,064.6 2,064.6 2,060.8 7,225.2 7,225.2 7,221.0 2010 3 31........................ 520.7 520.7 520.7............................ 5.0 433.4 433.4 433.4.......................... 4,206.4 4,206.4 4,206.4............................ 5.3 7.2 7.2 7.1.......................... 77.0 77.0 77.0.................................. 3.5 60.6 102.0 162.6 160.3.................................. 1.3 2,192.8 2,192.8 2,189.2 7,498.1 102.0 7,600.1 7,594.1 2011 3 31........................ 589.0 589.0 589.0............................ 5.0 380.3 380.3 380.3.......................... 7,453.0 7,453.0 7,453.0............................ 6.1 9.3 9.3 9.1.......................... 155.6 155.6 155.6.................................. 2.9 1,701.0 1,198.7 2,899.7 2,881.0.................................. 1.8 2,884.5 1,080.0 3,964.5 3,931.6 13,172.7 2,278.7 15,451.4 15,399.6 2011 9 30........................ 1,057.0 1,057.0 1,057.0.......................... 8,458.6 8,458.6 8,458.6............................ 6.1 30.4 30.4 29.9.......................... 208.7 208.7 208.7.................................. 2.5 7,358.0 1,746.0 9,104.0 9,021.7.................................. 1.8 3,746.2 1,247.6 4,993.8 4,960.8 20,858.9 2,993.6 23,852.5 23,736.7 (i) (ii) I-32

2009 3 312010 3 312011 3 312011 9 30 10% 206.1 247.7 460.6 773.5 I-33

1 3 1 2 3 2009 3 31............................ 2,060.8 2,060.8 2010 3 31............................ 2,189.2 2,189.2 2011 3 31............................ 3,931.6 3,931.6 2011 9 30.......................... 24.8 24.8........................ 164.7 164.7............................ 4,960.8 4,960.8 (i) 1 (ii) 21 (iii) 3 1 2009 3 31 2010 3 312011 3 31 1 2 7. 8 I-34

(a) 2009 3 31........... 6,758.0 8,168.1 14,926.1 14,926.1 #........... 3,247.2 237.6 3,484.8 3,484.8 10,005.2 8,405.7 18,410.9 18,410.9 *........... 775.2 775.2 (775.2) 10,005.2 9,180.9 19,186.1 (775.2) 18,410.9 * #.................. 1,324.5 813.6 2,138.1 (4.5) 2,133.6.................. 88.6.......... 1.3................ 2,223.5 2010 3 31........... 9,355.4 10,167.8 19,523.2 19,523.2 #........... 3,273.6 136.8 3,410.4 3,410.4 12,629.0 10,304.6 22,933.6 22,933.6 *........... 1,207.1 1,207.1 (1,207.1) 12,629.0 11,511.7 24,140.7 (1,207.1) 22,933.6 * #.................. 1,539.9 1,103.8 2,643.7 (10.6) 2,633.1.................. 77.0.......... 8.5................ 2,718.6 I-35

2011 3 31........... 14,595.1 15,438.0 30,033.1 30,033.1 #........... 4,876.7 132.7 5,009.4 5,009.4 19,471.8 15,570.7 35,042.5 35,042.5 *........... 2,345.5 2,345.5 (2,345.5) 19,471.8 17,916.2 37,388.0 (2,345.5) 35,042.5 * #.................. 2,253.4 2,321.5 4,574.9 (20.7) 4,554.2.................. 70.3.......... (4.7)................ 4,619.8 2010 9 30........... 5,504.0 5,747.1 11,251.1 11,251.1 #........... 2,016.8 47.1 2,063.9 2,063.9 7,520.8 5,794.2 13,315.0 13,315.0 *........... 1,167.5 1,167.5 (1,167.5) 7,520.8 6,961.7 14,482.5 (1,167.5) 13,315.0 * #.................. 755.5 782.7 1,538.2 (10.7) 1,527.5.................. 34.5................ 1,562.0 I-36

2011 9 30........... 9,212.8 10,398.5 19,611.3 19,611.3 #........... 4,158.6 104.6 4,263.2 4,263.2 13,371.4 10,503.1 23,874.5 23,874.5 *........... 1,714.2 1,714.2 (1,714.2) 13,371.4 12,217.3 25,588.7 (1,714.2) 23,874.5 * #.................. 1,825.3 1,770.4 3,595.7 (15.3) 3,580.4.................. 37.6................ 3,618.0 3 (b) 2009 3 31............. 37.7 251.8 289.5......................... 736.2 10.4 746.6......................... 556.1 519.8 1,075.9 2010 3 31............. 60.7 310.4 371.1......................... 986.5 12.2 998.7......................... 773.8 546.0 1,319.8 I-37

2011 3 31............. 98.9 403.5 502.4......................... 1,480.2 13.6 1,493.8......................... 1,024.6 796.4 1,821.0 2010 9 30............. 38.5 203.6 242.1......................... 584.9 5.3 590.2......................... 420.3 331.8 752.1 2011 9 30............. 49.1 235.6 284.7......................... 941.0 9.2 950.2......................... 742.3 627.2 1,369.5 (c) 2009 3 31............. 679.9 34.7 714.6......................... 2,510.6 5,583.6 8,094.2 2010 3 31............. 774.3 60.3 834.6......................... 3,888.1 5,386.7 9,274.8 2011 3 31................. 1,095.7 69.6 1,165.3............................ 7,603.2 9,497.6 17,100.8 I-38

2011 9 30................. 1,503.7 114.8 1,618.5............................ 11,349.1 17,528.7 28,877.8 (d) 3 31 9 30 2009 2010 2011 2010 2011........ 5,488.5 6,625.7 8,962.9 3,526.4 5,642.7 K...... 2,688.3 3,574.5 4,869.4 2,125.3 3,713.9........... 9,077.9 11,124.7 18,724.7 6,517.5 12,690.4............... 1,156.2 1,608.7 2,485.5 1,145.8 1,827.5 18,410.9 22,933.6 35,042.5 13,315.0 23,874.5 10% 3 31 2009 2010 2011 2011 9 30............................... 766.1 825.4 1,414.8 1,816.6............ 34.7 60.3 69.5 114.8 800.8 885.7 1,484.3 1,931.4 I-39

8. 3 31 9 30 2009 2010 2011 2010 2011............... 21.8 14.7 13.7 4.7 11.6.... 60.9 56.5 51.6 27.4 23.8........... 5.9 5.8 5.0 2.4 2.2................ 23.7 23.3 36.7 18.2 35.5.................. 2.5 15.5 12.1 6.7 13.1 32.......... 17.2 17.2.............. 32.7 46.3 41.5 9.9 34.2..................... 13.4 14.0 16.8 3.1 4.5 160.9 176.1 194.6 89.6 124.9 9. 3 31 9 30 2009 2010 2011 2010 2011.. (16.5) (2.3) (5.6) (1.9) (1.1).............. 16.4 1.3 41.8 13.2 82.1..................... (0.3) (0.1) 3.7 (0.4) (1.9) (0.4) (1.1) 39.9 10.9 79.1 10. 3 31 9 30 2009 2010 2011 2010 2011........... 100.6 7.2 37.4 4.7 69.8........... 28.9 33.1 46.2 15.6 39.0.... 27.6 21.7 18.6 9.3 7.9 157.1 62.0 102.2 29.6 116.7 I-40

11. 3 31 9 30 2009 2010 2011 2010 2011 12.......... 23.4 25.1 25.6 11.6 16.0.. 73.5 95.5 138.4 61.3 104.4.............. 979.0 1,199.2 1,657.0 679.2 1,249.1 1,075.9 1,319.8 1,821.0 752.1 1,369.5.......... 7.9 2.3 4.6................ 3.6 3.6 7.6 1.8 3.7........ 13,011.3 15,832.3 24,043.1 8,949.1 15,934.7..................... 160.5 225.8 246.8 112.6 153.6..................... 163.7 116.9 122.1 21.3 7.9........ 17.8 483.8 725.7 413.6 343.4........ (6.7) 224.6 123.0 151.7...... 289.5 371.1 502.4 242.1 284.7.................. 746.6 998.7 1,493.8 590.2 950.2 12. 3 31 9 30 2009 2010 2011 2010 2011.................. 6.0 6.0...... 10.9 12.0 16.2 7.0 10.1........... 5.6 6.2 8.4 4.4 5.4.... 0.9 0.9 1.0 0.2 0.5 23.4 25.1 25.6 11.6 16.0 I-41

3 31 9 30 2009 2010 2011 2010 2011........... 3.5 3.5...... 1.7 1.6 2.0 0.9 1.2........... 0.9 0.9 1.1 0.6 0.7.... 0.1 0.1 0.1 6.2 6.1 3.2 1.5 1.9................. 0.8 1.5 0.7 1.0........... 0.7 0.8 0.4 0.5.... 0.1 1.5 2.4 1.1 1.5................. 1.9 2.0 2.5 1.1 1.5........... 1.1 1.0 1.5 0.8 1.0.... 0.2 0.2 0.2 0.1 0.1 3.2 3.2 4.2 2.0 2.6 I-42

3 31 9 30 2009 2010 2011 2010 2011................................................. 0.8 0.9 1.2 0.5 0.8........... 0.4 0.4 0.5 0.3 0.4.... 0.1 0.1 0.1 0.1 1.3 1.4 1.8 0.8 1.3................. 1.3 1.4 1.8 0.7 1.1........... 0.6 0.6 0.8 0.4 0.5.... 0.1 0.1 0.1 0.1 0.1 2.0 2.1 2.7 1.2 1.7................. 1.3 1.3 1.8 0.8 1.1........... 0.7 0.7 1.0 0.5 0.6.... 0.1 0.1 0.1 2.1 2.1 2.9 1.3 1.7................. 1.0 1.0 1.3 0.5 0.8........... 0.4 0.4 0.5 0.3 0.3.... 0.1 0.1 0.1 0.1 1.5 1.5 1.9 0.8 1.2................. 0.8 0.8 1.1 0.5 0.7........... 0.4 0.4 0.6 0.3 0.4.... 0.1 0.1 0.1 0.1 1.3 1.3 1.8 0.8 1.2 I-43

3 31 9 30 2009 2010 2011 2010 2011........... 2.5 2.5...... 0.8 0.9 1.2 0.5 0.8........... 0.4 0.4 0.6 0.3 0.4.... 3.7 3.8 1.8 0.8 1.2................. 1.3 1.3 1.8 0.8 1.1........... 0.7 0.7 1.0 0.5 0.6.... 0.1 0.1 0.1 2.1 2.1 2.9 1.3 1.7..................... 23.4 25.1 25.6 11.6 16.0 (i) (ii) 2011 3 312010 9 302011 9 30 2009 3 312010 3 312011 3 31 2010 9 30 2011 9 30 3 31 9 30 2009 2010 2011 2010 2011...... 20.8 24.1 10.7 5.4 10.1........... 2.7 2.7 0.8 0.4 0.5.... 0.3 0.3 0.1 23.8 27.1 11.6 5.8 10.6 I-44

3 31 9 30 2009 2010 2011 2010 2011 4,000,001 4,500,000... 1 1 4,500,001 5,000,000... 1 1 5,500,001 6,000,000... 1 6,500,001 7,000,000... 1 1 8,000,001 8,500,000... 1 10,500,001 11,000,000.. 1 11,000,001 11,500,000.. 1 11,500,001 12,000,000.. 1 13. 3 31 9 30 2009 2010 2011 2010 2011........ 164.7 323.1 519.1 162.7 406.1............ 121.0 153.2 366.5 155.0 316.2............ 18.0 25.2 55.9 21.1 47.7 303.7 501.5 941.5 338.8 770.0........ 1.4 7.6 5.8............ 4.0 2.7 27.1 5.4 10.3 5.8 27.1 309.1 511.8 947.3 338.8 797.1 16.5% 2008 1 1 25%2008 1 1 5 18% 25% 2007 12 312008 12 31 2009 12 31 2010 12 31 I-45

200920102011 12 3115% 15% 25% 12% 2009 3 31.......................... 1,378.0 685.6 159.9 2,223.5 25% 16.5%12%........... 344.5 113.1 19.2 476.8.............. 12.0 7.4 19.4.............. (0.5) (0.8) (1.3).......... 39.4 39.4.......... (2.8) (2.8)... (263.3) (263.3)... 38.0 2.5 40.5.................... 1.4 4.0 5.4............................... (5.4) 1.6 (1.2) (5.0)........................ 166.1 125.0 18.0 309.1 2010 3 31.......................... 1,928.4 556.5 233.7 2,718.6 25% 16.5%12%........... 482.1 91.8 28.0 601.9.............. 0.9 60.9 61.8.............. (7.4) (1.5) (8.9).......... 0.7 0.7.......... (20.8) (20.8)... (164.1) (164.1)... 32.1 0.3 32.4.................... 7.6 2.7 10.3............................... (0.4) 1.7 (2.8) (1.5)........................ 330.7 155.9 25.2 511.8 I-46

2011 3 31.......................... 2,510.8 1,615.6 493.4 4,619.8 25% 16.5%12%........... 627.7 266.6 59.2 953.5.............. 3.0 95.2 98.2.............. (22.3) (0.1) (22.4).......... 1.1 0.2 1.3.......... (18.1) (18.1)... (141.4) (141.4)... 76.2 3.7 79.9 5.8 5.8............................... (7.1) 0.9 (3.3) (9.5)........................ 524.9 366.5 55.9 947.3 2010 9 30.......................... 901.6 484.1 176.3 1,562.0 25% 16.5%12%........... 225.4 79.9 21.2 326.5.............. 0.3 74.5 74.8.............. (16.6) (0.4) (17.0).......... 2.9 2.9.......... (7.6) (7.6)... (79.8) (79.8)... 35.8 0.7 36.5............................... 2.3 0.3 (0.1) 2.5........................ 162.7 155.0 21.1 338.8 I-47

2011 9 30.......................... 1,664.6 1,551.8 401.6 3,618.0 25% 16.5%12%........... 416.1 256.0 48.2 720.3.............. 4.5 59.0 63.5.............. (38.3) (6.3) (44.6).......... 0.3 0.3.......... (0.2) (0.1) (0.3)... (72.5) (72.5)... 95.9 8.6 104.5.................... 27.1 27.1............................... 0.3 (1.0) (0.5) (1.2)........................ 406.1 343.3 47.7 797.1 2009 3 312010 3 312011 3 312011 9 30 154.2 73.7 7.4 7.8 3 31 2009 2010 2011 2011 9 30 2013....................... 7.7 2014....................... 146.5 70.8 2015....................... 2.9 2.1 1.5 2016....................... 5.3 6.3 154.2 73.7 7.4 7.8 2009 3 312010 3 312011 3 312011 9 30 624.4 854.6 1,430.1 2,100.9 2008 1 1 2009 3 312010 3 312011 3 312011 9 30 2,320.1 4,010.8 6,602.4 8,643.4 14. I-48

8,950,000,000 A 2008 4 1 15. 2009 3 312010 3 312011 3 31 2011 9 30300.0 306.7 759.3 3,331.4300.0 300.0 750.0 3,300.0 2009 3 312010 3 31 2011 3 312011 9 30 I-49

16. 2008 4 1........... 355.5 20.9 205.8 96.9 10.7 689.8................. 0.9 0.1 0.4 0.1 1.5.................... 111.9 6.3 67.4 105.4 0.7 114.0 405.7.................... 88.5 (88.5).................... (2.0) (13.4) (17.8) (1.1) (34.3) 2009 3 31.......... 556.8 25.2 259.9 184.9 10.3 25.6 1,062.7................. 0.1 0.2 0.3.................... 19.2 9.3 119.3 179.5 2.3 25.4 355.0.................... 50.7 (50.7).................... (0.9) (20.9) (0.4) (22.2) 2010 3 31.......... 626.8 33.6 358.3 364.6 12.2 0.3 1,395.8................. 34.2 1.8 9.0 20.7 0.6 0.6 66.9 32.............. 0.3 0.3.................... 130.8 14.3 174.7 140.7 8.5 71.6 540.6.................... 51.4 (51.4).................... (1.8) (19.7) (0.1) (21.6) 2011 3 31.......... 843.2 47.9 522.6 526.0 21.2 21.1 1,982.0................. 25.2 1.5 8.3 17.0 0.6 3.9 56.5 32.............. 62.7 24.9 15.4 3.4 1.2 34.9 142.5.................... 4.8 13.2 121.2 84.8 8.3 198.3 430.6.................... 8.7 (8.7).................... (0.2) (0.6) (8.3) (0.5) (1.7) (11.3) 2011 9 30.......... 944.4 86.9 659.2 630.7 29.6 249.5 2,600.3 2008 4 1........... 28.2 4.8 151.7 7.2 4.7 196.6................. 0.1 0.1 0.4 0.6................. 21.0 2.3 43.4 91.8 2.0 160.5................. (0.2) (8.4) (0.2) (0.8) (9.6) 2009 3 31.......... 49.3 6.9 186.8 99.2 5.9 348.1................. 0.1 0.1................. 26.0 3.0 51.9 143.4 1.5 225.8................. (0.1) (12.4) (0.3) (12.8) 2010 3 31.......... 75.3 9.8 226.3 242.7 7.1 561.2................. 4.1 0.4 3.4 14.2 0.2 22.3................. 32.6 4.1 100.4 106.7 3.0 246.8................. (1.0) (12.5) (0.1) (13.6) 2011 3 31.......... 112.0 13.3 317.6 363.6 10.2 816.7................. 3.5 0.4 3.4 11.8 0.2 19.3................. 19.8 2.5 67.9 61.0 2.4 153.6................. (6.4) (1.4) (7.8) 2011 9 30.......... 135.3 16.2 382.5 436.4 11.4 981.8 2009 3 31.......... 507.5 18.3 73.1 85.7 4.4 25.6 714.6 2010 3 31.......... 551.5 23.8 132.0 121.9 5.1 0.3 834.6 2011 3 31.......... 731.2 34.6 205.0 162.4 11.0 21.1 1,165.3 2011 9 30.......... 809.1 70.7 276.7 194.3 18.2 249.5 1,618.5 I-50

3 31 2009 2010 2011 2011 9 30............................... 6.5 6.2 5.9 5.7............................... 501.0 545.3 725.3 801.5............................... 1.9 507.5 551.5 731.2 809.1 17. 3 31 2009 2010 2011 2011 9 30...................... 97.9........................ 3.1 2.9............................ 102.7 32...... 16.7............ (7.9) (4.6)...................... 97.9 112.9.................. 97.9 112.9............... 10.6 11.3...................... 87.3 101.6 18. 97.9 112.9 3 31 2009 2010 2011 2011 9 30.............. 86.2 3.4 231.7 211.3.................... 47.7 86.2 51.1 231.7 211.3 19. 3 31 2009 2010 2011 2011 9 30............................ 7.8 7.8 7.8 7.8........ 31.5 40.0 37.4 41.0 39.3 47.8 45.2 48.8 I-51

25% 2011 3 31 3 31 2009 2010 2011 2011 9 30............................ 374.0 253.8 190.3 195.5............................ (216.8) (62.8) (9.6) (0.3)............................ 157.2 191.0 180.7 195.2.......... 39.3 47.8 45.2 48.8 3 31 9 30 2009 2010 2011 2010 2011..................... 433.6 912.6........ 5.3 33.8 (18.9).............. 9.1 8.6 4.0 14.5.... 1.3 8.5 (4.7)............ 2.3 2.1 1.0 3.6 3.6 8.5 (2.6) 1.0 3.6 20. 3 31 2009 2010 2011 2011 9 30 (i) (ii)..................... 1,466.0 1,095.0 945.0 (iii).................. 668.7 657.3 233.3 (iv).................... 30.0 110.0 100.0 88.0 2,164.7 1,862.3 1,278.3 88.0...................... 30.0 80.0........................ 2,134.7 1,782.3 1,278.3 88.0 2,164.7 1,862.3 1,278.3 88.0 (i) CTF Holding (ii) 12 2009 3 312010 3 312011 3 312011 9 I-52

(iii) (iv) 30566.0 195.0 45.0 2.5%5.0% 2009 3 312010 3 312011 3 3112 1.0% 4.80% 3 31 2009 2010 2011 9 30 2011...................... 2,205.6 2,308.1 1,765.2 1,178.3...................... 30.0 110.0 110.0 100.0 2,235.6 2,418.1 1,875.2 1,278.3 3 31 2009 2010 2011 2011 9 30..................... 506.5 433.4 380.3.................... 4,220.3 4,206.4 7,453.0 8,435.8.......... 14.5.................. 8.3 4,726.8 4,639.8 7,833.3 8,458.6 5.0% 21. 2009 3 312010 3 312011 3 312011 9 30 2.50% 3.75% I-53

2010 3 31 130.0 2010 3 2011 3 2012 3 12 130.0 22. 3 31 2009 2010 2011 2011 9 30.................... 1,477.5 1,225.8 2,972.6 8,399.3 K................... 76.1 135.1 103.3 207.7........................ 490.7 818.8 1,874.0 2,492.2 2,044.3 2,179.7 4,949.9 11,099.2.................... 3,353.8 3,566.5 6,327.0 7,981.6 K................... 457.3 996.9 1,251.4 2,140.2........................ 1,572.2 1,713.6 3,336.9 5,821.5............................ 664.8 808.8 1,223.6 1,822.9 6,048.1 7,085.8 12,138.9 17,766.2............................ 1.8 9.3 12.0 12.4 8,094.2 9,274.8 17,100.8 28,877.8 23. 3 31 2009 2010 2011 2011 9 30........................ 540.2 1,053.9 1,632.4 1,956.4.................. 389.0 861.6 881.1 759.9............................... 75.7 102.8 107.9 122.8............ 10.6 11.3...................... 215.3 196.8 334.8 438.9............................... 145.7 220.7 260.9 216.2 1,365.9 2,435.8 3,227.7 3,505.5 2009 3 312010 3 312011 3 312011 9 30 24.7 49.6 68.6 55.3 2009 3 312010 3 312011 3 312011 9 30 I-54

202.3 585.4 485.8 30 3 31 2009 2010 2011 2011 9 30 0 30............................ 453.4 941.2 1,376.4 1,733.1 31 90........................... 24.4 70.2 216.8 159.1 91 180.......................... 40.9 19.0 3.0 38.7 180.......................... 21.5 23.5 36.2 25.5 540.2 1,053.9 1,632.4 1,956.4 2009 3 312010 3 312011 3 312011 9 30 68.0 70.7 45.6 79.0 3 31 2009 2010 2011 2011 9 30 61 90........................... 5.6 28.2 6.4 14.8 91 180.......................... 40.9 19.0 3.0 38.7 180.......................... 21.5 23.5 36.2 25.5 68.0 70.7 45.6 79.0 24. 2011 9 30 3,000,000 8% 2014 12 31 2011 9 30 I-55

25. 2009 3 312010 3 312011 3 312011 9 30 287.7 674.4 2,939.2 2009 3 312010 3 312011 3 31 2011 9 30 164.7 26. 200920102011 3 31 2011 9 30 0.01% 0.36% 0.01% 0.36% 0.01% 0.36% 0.36% 0.50% 2009 3 312010 3 312011 3 312011 9 30 548.6 1,174.8 2,058.6 1,636.4 3 31 2009 2010 2011 2011 9 30............................... 631.1 454.1 428.9 271.4 27. 3 31 2009 2010 2011 2011 9 30........................ 212.3 380.8 384.1 755.1.................... 404.1 522.6 1,137.6 1,208.1........................ 10.6 8.3 24.2 188.7............................... 40.4 134.5 131.1 289.8........................ 68.7 120.6 167.7 394.8 32 150.0............................... 79.6 139.9 204.9 151.9 815.7 1,306.7 2,049.6 3,138.4 I-56

7180 3 31 2009 2010 2011 2011 9 30 0 30............................ 132.6 102.8 154.1 462.5 31 90........................... 14.1 222.0 7.0 267.9 91 180.......................... 30.5 33.5 198.1 24.7 180.......................... 35.1 22.5 24.9 212.3 380.8 384.1 755.1 2009 3 312010 3 312011 3 312011 9 30 58.7 206.9 187.2 2009 3 312010 3 312011 3 312011 9 30 14.5 22.2 28.5 1.9 2009 3 312010 3 312011 3 312011 9 30 28.7 60.1 52.8 13.0 28. 3 31 9 30 2009 2010 2011 2011..................... 7.1 7.1 9.1 29.9.................... 20.8 77.0 155.6 208.7 27.9 84.1 164.7 238.6 2009 3 312010 3 312011 3 312011 9 30 5.31% 5.31% 6.06% 6.06% 29. 3 31 9 30 2009 2010 2011 2011............................ 113.6 160.3 2,881.0 9,021.7............................. 700.0 1,950.0............................. 113.6 160.3 2,181.0 7,071.7 113.6 160.3 2,881.0 9,021.7 I-57

0.30% 1.25% 90% 110% 2009 3 312010 3 312011 3 312011 9 30 5.51% 2.0% 4.37% 0.77% 5.60% 0.97% 6.89% 30. 2009 3 312010 3 31 2011 3 31 2011 9 301.25% 2.30% 1.25% 1.30% 1.25% 3.50% 1.25% 3.50% 3 31 2009 2010 2011 2011 9 30............................... 1,740.2 1,590.9 2,024.0 2,645.1 31. 2011 7 20 50,000 50,00011 1 2008 4 1 2009 3 31 I-58

2010 3 31 2011 3 31 2011 9 30 32. 2010 550%5.7 17.2 2011 9 : (a) American Overseas 14.5 American Overseas Zlotowski 84% Zlotowski (b) 150.0 (c) 24.4 : 2011 3 31 2011 9 30 American Overseas.................... 5.7 14.5 150.0 24.4 American Overseas2011 9 30 2011 9 30 I-59

2011 3 31 2011 9 30 American Overseas.................... 0.3 16.4 122.6 3.5........................ 16.7.................... 16.1............................... 35.2 168.7.................. 6.7 24.2 2.3 0.6...................... 8.7 7.6 29.8 6.1.................. (1.1) (3.7) (21.2) (1.7)............................ (1.1) (0.4) (0.2).................... (197.9) (0.5)............................ (4.0) 45.8 14.2 149.3 24.4 2011 3 31 2011 9 30 American Overseas............................ 5.7 14.5 150.0 24.4 a........... 22.9 2.3...................... (45.8) (14.2) (149.3) (24.4) b........... (17.2) 2.6 0.7....... 8.7 7.6 29.8 6.1............ (5.7) 3.0 7.6 29.8 6.1 (a) (b) 2011 3 31 : 2011 3 31 I-60 2011 9 30 American Overseas............................... 14.6............................. 79.3

2010 4 1 2011 3 31 35,063.1 3,675.3 American Overseas 2011 4 1 2011 9 30 23,884.2 2,836.7 2010 4 12011 4 1 33. 3 31 2009 2010 2011 2011 9 30............................. 229.6 362.6 380.0 508.3.......... 301.6 451.8 437.4 606.6............................ 3.4 49.4 29.8 19.8 534.6 863.8 847.2 1,134.7 3 31 2009 2010 2011 2011 9 30............................. 3.6 6.4 2.6 3.6.......... 7.9 6.5 5.6 3.6 14.3 9.1 9.2 I-61

34. 3 31 2009 2010 2011 2011 9 30........................ 302.4.......... 28.5 22.2 30.0 71.8................ 43.4 28.5 65.6 30.0 71.8 35. 2000 12 2000 12 1 5% 1,000 1995 6525% 40% I-62

2011 62011 9 3027 29 3 31 9 30 2009 2010 2011 2010 2011................... 2.0% 2.9% 2.9% 2.4% 1.4%.......... 3.5% 3.5% 3.5% 3.5% 3.5%................... 0% 0% 0% 0% 0% 3 31 9 30 2009 2010 2011 2010 2011............ 2.9 3.1 2.6 0.6 1.1................ 4.6 3.6 4.6 1.3 2.3............ 12.6 (19.6) (1.7) 9.7 28.5 20.1 (12.9) 5.5 11.6 31.9 3 31 2009 2010 2011 2011 9 30................ 183.8 164.0 162.6 190.9 3 31 2009 2010 2011 2011 9 30.......................... 170.5 183.8 164.0 162.6............................ 2.9 3.1 2.6 1.1............................ 4.6 3.6 4.6 2.3...................... 12.6 (19.6) (1.7) 28.5.......................... (6.8) (6.9) (6.9) (3.6).......................... 183.8 164.0 162.6 190.9 I-63

36. (i) 3 31 9 30 2009 2010 2011 2010 2011.. 6.3 5.6 7.0 2.5 2.1.. 73.8 81.8 114.2 39.2 66.2.......... 6.1 10.2 13.6 5.8 9.9.............. 5.0 12.4 8.6 3.7 3.6.. 50.6 57.5 79.6 36.5 44.9................ 23.2 55.6 36.8 16.4 30.0...... 58.5 53.2 46.7 24.3 22.6...... 1.2 3.3 4.7 3.0 1.2................ 119.6 137.8 182.2 90.1 126.2.......... 418.9 356.0 482.7 292.3 304.6........ 492.2 909.2........ 73.4 4.9................ 27.6 21.7 18.6 9.3 7.9................ 5.7 5.7 14.5 24.4............ 11.8.... 158.7 112.8 38.5 20.3 6.5 I-64

(ii) 12 (iii) 29 30 F. CTF Holding Chow Tai Fook Capital Limited G. 2012 3 31 40.4 H. 2011 9 30 (a) (b) (c) 2011 11 16 1,200.01,200.0 2011 11 5.1 CTF Holding 1.6% 2011 11 172011 11 29 2011 11 172011 11 29 (i) (ii) 50,000,000,000 1.00 50,000,000,000 CTF Holding 780 780 1.00 50,000 1.00 8,949,999,220 I-65

8,949,999,220 2011 11 15 (iii) D I. 2011 9 30 2011 12 5 I-66