32 342C 4.683.754.68 1%0.004%0.005%3.75 3.754.68 *

32 342C 4.683.754.68 1%0.004%0.005%3.75 3.754.68 *

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(1) (2) (3) (4) www.eipo.com.hk (5) 4.68 4.681% 0.004%0.005% (6) 1,000,000 1,000,000 1,000,000 (7) ii

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13530300 17.7% 5,691.3 7,883.7 185.2254.5146.1260.1 AC 29.1 AC 71.1 AC 22.8 1,969.41,216.6 2,600.4 2,535.214.9%44.4% 12 53 59.4%64.6%71.2%73.8% 307.1346.7380.2 363.3 1

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- (i)(ii) (iii)(iv) 3

Unif 4

5

..................... 5,691,258 6,537,450 7,883,692 4,177,163 4,453,182................. (3,849,029) (4,383,229) (5,555,752) (2,946,307) (2,967,278)..................... 1,842,229 2,154,221 2,327,940 1,230,856 1,485,904.. 2,398 3,660 (1,104) 9,626 4,087................. 49,169 32,379 68,791 27,840 17,115....... (1,447,100) (1,636,708) (1,849,036) (960,583) (1,081,531)................. (218,533) (249,553) (280,780) (141,646) (118,448)................. 228,163 303,999 265,811 166,093 307,127................. 7,067 7,074 13,708 7,679 8,634................. (13,584) (14,509) (33,064) (16,487) (13,410)........... (6,517) (7,435) (19,356) (8,808) (4,776)..... (16,051) (17,202) (70,909) (22,470) (13,400)........... 205,595 279,362 175,546 134,815 288,951............... (20,392) (24,907) (29,476) (15,297) (28,840)........... 185,203 254,455 146,070 119,518 260,111............... 185,203 254,455 146,070 119,518 260,111..................... 12,017 27,692 6

................. 128,636 125,465 122,312 151,916......... 2,021,493 2,094,957 2,059,412 1,989,843................. 1,685 1,149 111,181 84,314..... 49,930 32,728 276,182 262,782......... 4,612 41,662 183,696 198,810........... 8,150 12,889 13,398 42,603 2,214,506 2,308,850 2,766,181 2,730,268..................... 361,388 451,865 502,716 456,421....... 277,182 295,971 268,066 361,247........... 133,821 167,709 152,168 186,072........... 135,000 580,000 55,000 88,000............. 2,000........... 6,718 5,807 21,316 552......... 597,809 683,149 841,123 1,303,161 1,511,918 2,186,501 1,840,389 2,395,453 3,726,424 4,495,351 4,606,570 5,125,721 7

.............. 2,288,285 2,522,357 2,532,230 2,999,695............. 8,001 7,873 10,041 9,357............. 45,644 19,125........... 575 190 8,001 7,873 56,260 28,672....... 379,124 528,051 467,846 652,377... 400,874 519,564 734,183 913,092..................... 637,144 889,273 714,511 396,245................. 10,137 22,154 39,709 39,709... 54,988 55,487........... 2,859 6,079 6,843 40,444 1,430,138 1,965,121 2,018,080 2,097,354 1,438,139 1,972,994 2,074,340 2,126,026 3,726,424 4,495,351 4,606,570 5,125,721 81,780 221,380 (177,691) 298,099 2,296,286 2,530,230 2,588,490 3,028,367 8

..................... 3,382.3 4,223.3 5,617.0 3,089.8 3,286.0............... 1,969.4 2,209.6 2,600.4 1,467.3 1,440.6................. 1,216.6 1,770.9 2,535.2 1,375.4 1,616.8 (1)................. 196.3 242.8 481.4 247.1 228.6................... 2,290.5 2,290.9 2,211.5 1,064.4 1,139.5 (2)................... 18.5 23.3 55.2 23.0 27.7..................... 5,691.3 6,537.5 7,883.7 4,177.2 4,453.2..................... 59.4 64.6 71.2 74.0 73.8............... 34.6 33.8 33.0 35.1 32.4................. 21.4 27.1 32.2 32.9 36.3 (1)................. 3.4 3.7 6.0 6.0 5.1................... 40.2 35.0 28.1 25.5 25.6 (2)................... 0.4 0.4 0.7 0.5 0.6..................... 100.0 100.0 100.0 100.0 100.0 (1) (2) 9

14 6..................... 3,382,308 2,290,463 18,487 5,691,258........ 307,062 (26,604) (10,002) (42,293) 228,163........... (6,517)..... (1,636) (14,415) (16,051)........... 205,595............... (20,392)................. 185,203..................... 4,223,344 2,290,881 23,225 6,537,450........ 346,713 21,570 (12,823) (51,461) 303,999........... (7,435)..... (1,927) (15,275) (17,202)........... 279,362............... (24,907)................. 254,455 10

..................... 5,617,016 2,211,472 55,204 7,883,692........ 380,176 (52,386) (8,056) (53,923) 265,811........... (19,356)..... (32,678) (38,231) (70,909)........... 175,546............... (29,476)................. 146,070..................... 3,286,006 1,139,534 27,642 4,453,182........ 363,298 (9,371) (11,004) (35,796) 307,127........... (4,776)..... (13,400) (13,400)........... 288,951............... (28,840)................. 260,111 11

(1).......... 411.0 (2)(3)..................... 0.1160.122 (1) (2) 3,526,810,000 (3) 1.00 0.9526 (1)................ 13,225.5 16,505.5 (2).................. 30.8 38.4 (3).............. 1.40 1.54 (1) 3,526,810,000 (2) 3.754.68 (3) 3,526,810,0003.754.68 12

3.75 1,880.91,791.74.68 2,356.12,244.4 4.22 3.754.682,121.0 2,020.5 754.3718.6 36% 598.4570.0 28% 734.8700.0 35% 33.532.0 1% 481.1458.3600.4 571.9 30%29%39%2% 13

4.223.754.68 30% 29%39%2%4.223.75 4.68 30%29%39%2% 3.75 1,330.91,267.8 4.68 1,661.01,582.2 14

15

82594.37% Uni-President Asia Holdings Ltd * 50%50% 16

29,999,999.99 2,999,999,999 223 Cayman President Holdings Ltd. Uni-President China Holdings Ltd. * 17

Grahamstowe Investments LimitedHoneybush Limited Tameega International Ltd Elevatech Limited C 18

eipo 10% 19

32 88,172,000 793,548,000 20

90% 50% 50% (BVI) Kai Nan (BVI) Investment Co., Ltd.(BVI) * BVI Kai Yu (BVI) Investment Co., Ltd.(BVI) * 50% 21

15% the Société de la Bourse de Luxembourg, S.A. 22

132,258,000 15% 23

50% 144A S S 144A 144A 24

354,910,000 571 0.01 25

322 (UBS AG) 1216 26

eipo eipo www.eipo.com.hk eipo www.eipo.com.hk eipo 9% *................................................ 17.7808.............................................. 10.9526.............................................. 17.4160.............................................. 14.3608 27

24 24 15 500PET 62PET 12 30 ERP HACCP 25% PET RTD 28

Tetra Top 3 29

30

(i)(ii) (iii)(iv) 80.1%56.0%24.1% 84.3%29.2%55.1% 31

24.4% 21.4%20.8% 32

33

7.0%10.5%19.6%19.3% 70%PET 34

75.0%72.3% 177.7 50%9% 917.6298.1 35

(i)(ii) Unif Unif (i) 30%(ii) 0.05% Unif Unif 30050%136.4 36

9% 70.9 30.6 (i)(ii) (iii) 37

718.5 9% 113 26.6 25.5 23.0 38

AC 14.8%121 AC2.4%106 39

PET 40

41

0.5% 0.3%0.5%3.0% 1.5% 20% 20% 25% 42

1.1 43

H5N1 44

2.754.223.75 4.68 45

46

47

6D (a) (b) (i) 250(ii)43,000,000(iii) 50,000,000 (c) 100 (d) 3(2) 3 48

2003/71/EC 58 Commissione Nazionale per le societàe la Borsa11971 (i)100 1152231(2) (ii) 10033 (a) 385 (b) 151618 (c) 25 49

(i)289 274(ii) 275(1)275(1A) 275(iii) 275 (a) (b) 4A 275 (i) 274 275(2) 200,000 275 50

(ii) (iii) 31/1990 652a 652a 84 102B 85 21(1) 51

21 (i)(ii) 19 (iii)49 (ii)(iii) 144A S903904 S144A 40 52

30 132,258,000 15% (i) (ii) (iii) (i)(ii)(iv) (v)(vi) (ii)(iii)(iv)(v) 53

132,258,000 54

Butterfield Bank (Cayman) LimitedButterfield House, 68 Fort Street, PO Box 705 George Town, Grand Cayman, Cayman Islands 183 171712-1716 55

1483 189892001 1483 106 862 26 1314 56

7 55C1 41C 9A 56012 110 37511 5 B 57

58 8 52 30 8 52 16-20 10 3 24103 200030 Maples and Calder 1 1504 226 106

15 9 15 9 1515 20 200040 22 23 1 388 15 10 59

P.O. Box 309 GT Ugland House South Church Street George Town Grand Cayman Cayman Islands 1027 33 18 141428 www.upch.com.cn (CPA, FCCA, FCPA, ACIS, AHKICS) (CPA, FCCA, FCPA, ACIS, AHKICS) 60

189892001 3101003 41C 9A 16-18 26 Butterfield Bank (Cayman) Limited Butterfield House 68 Fort Street PO Box 705 George Town Grand Cayman Cayman Islands 183 171712-1716 61

10.3% 7.4%............. 1,449.1 9.1% 546.0 11.3%............. 1,594.3 10.0% 603.3 10.5%............. 1,755.0 10.1% 682.0 13.0%............. 1,937.6 10.4% 689.7 1.1%............. 2,144.7 10.7% 727.5 5.5%......... 10.3% 7.4% EIU 62

181 4.3%97-1.4%............. 390,543 833,347 1,223,890 31.9 68.1............. 412,295 823,965 1,236,260 33.4 66.6............. 433,915 813,695 1,247,610 34.8 65.2............. 455,594 802,266 1,257,860 36.2 63.8............. 477,311 790,119 1,267,430 37.7 62.3............. 498,891 777,379 1,276,270 39.1 60.9............. 518,738 765,792 1,284,530 40.4 59.6............. 536,380 755,891 1,292,270 41.5 58.5.............. 554,498 745,382 1,299,880 42.7 57.3.............. 571,491 736,069 1,307,560 43.7 56.3.......... 4.3% -1.4% 0.7%.......... 645,297 700,702 1,345,998 47.9 52.1 Euromonitor Euromonitor 43.7%47.9% 63

1.52 AC 472 12.9%121 14.8% 64

25.2 300 250 262 223 200 189 189 150 100 154 121 50 0 25 EuromonitorEIU AC................. 17,934 38.0% 9.6%....................... 11,835 25.1% 12.5%................... 7,431 15.7% 14.0%..................... 7,400 15.7% 32.2%................... 2,601 5.5% -3.1%................... 47,201 100.0% 12.9% AC 65

................. 4,451 36.9% 10.4%................... 3,556 29.4% 15.9%....................... 2,292 19.0% 17.1%................. 1,452 12.0% 36.2%................... 327 2.7% -11.0%................... 12,079 100.0% 14.8% AC AC 32.2%14.0%12.5% AC 12.5% 118AC 2317.1% 25% 25%99%100%AC 100%71.1%13.4% 6.1%9.3%100% 100% 66

AC 7432.2% 15 36.2%................................................. 22.3%................................................. 35.2%................................................. 142.3%................................................. 32.2% AC 67

73.9%.............. 23.8% 23.9% 23.8% 21.5% 20.8%............ 11.1% 15.2% 18.6% 20.2% 21.6%.............. 14.0% 13.9% 13.3% 12.9% 13.3%................ 10.1% 10.1% 11.2% 12.5% 11.6%................ 6.5% 6.2% 6.2% 7.2% 6.5%................ 65.5% 69.2% 73.1% 74.3% 73.9% 88.0%77.4%.............. 33.4% 32.9% 32.6% 30.7% 29.1%............ 15.6% 20.9% 25.7% 29.1% 30.3%.............. 19.7% 18.9% 18.0% 18.1% 18.0%................ 8.4% 7.3% 6.4% 6.3% 6.2%.............. 7.4% 5.9% 4.9% 4.5% 4.3%................ 84.5% 85.9% 87.7% 88.7% 88.0% AC 68

92.9%.............. 45.9% 45.9% 50.4% 52.1% 51.3%.............. 25.7% 27.7% 25.1% 23.3% 22.8%.............. 13.7% 12.0% 10.7% 10.9% 11.7%............ 6.1% 6.4% 5.7% 5.2% 5.5%.............. 2.2% 1.8% 1.5% 1.5% 1.5%................ 93.6% 93.8% 93.5% 93.0% 92.8% AC AC 1197.0% 2.40% 68.5%1.0 1.01.4 1.4 69

78.0% 64.3%73.7%59.7%.............. 31.4% 30.9% 33.5% 38.7% 38.9%................ 13.1% 15.3% 14.4% 14.1% 14.2%.............. 15.2% 13.5% 12.8% 11.3% 11.2%................ 5.1% 8.2% 8.8% 7.3% 7.1%.............. 9.0% 7.5% 6.3% 6.5% 6.6%................ 73.7% 75.4% 75.7% 77.8% 78.0% AC.............. 18.1% 17.6% 20.2% 24.7% 24.7%................ 14.7% 16.8% 16.4% 16.3% 16.2%.............. 13.1% 11.9% 12.4% 11.5% 11.4%................ 7.4% 11.3% 12.0% 10.1% 9.9%.............. 11.6% 9.6% 8.2% 8.9% 9.0%................ 65.0% 67.3% 69.1% 71.5% 71.2% AC 70

71

72

(GB5749)(GB2759) (GB5749-2006) 73

(i) (ii) 74

13530300 17.7% 5,691.3 7,883.7 185.2254.5146.1260.1 AC 29.1 AC 71.1 AC 22.8 1,969.41,216.6 2,600.4 2,535.214.9%44.4% 12 53 59.4%64.6%71.2%73.8% 307.1346.7380.2 363.3 260 75

1.4 AC 11.211.4%AC 1150 40.2%35.0%28.1%25.6% 26.652.49.4 21.6 10.0 12.88.111.0 14 6 31-76

AC 30015 (Uni-President) 530 31 77

15 75.0% 78

79

80

175350 100AC 81

71.2%28.1% 73.8%25.6%..................... 3,382.3 4,223.3 5,617.0 3,089.8 3,286.0............... 1,969.4 2,209.6 2,600.4 1,467.3 1,440.6................. 1,216.6 1,770.9 2,535.2 1,375.4 1,616.8 (1)................. 196.3 242.8 481.4 247.1 228.6................... 2,290.5 2,290.9 2,211.5 1,064.4 1,139.5 (2)................... 18.5 23.3 55.2 23.0 27.7..................... 5,691.3 6,537.5 7,883.7 4,177.2 4,453.2..................... 59.4 64.6 71.2 74.0 73.8............... 34.6 33.8 33.0 35.1 32.4................. 21.4 27.1 32.2 32.9 36.3 (1)................. 3.4 3.7 6.0 6.0 5.1................... 40.2 35.0 28.1 25.5 25.6 (2)................... 0.4 0.4 0.7 0.5 0.6..................... 100.0 100.0 100.0 100.0 100.0 (1) (2) 82

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28.1%25.6%AC 11.2%11.4% 260 100 85115 1.02.0 60120 2.0 3.0 5.0 30600.5 1.0 1.4 1.4 85

100 3.03.5 22.4% 100 100100 1.41.5100 3.03.5 100 21.7% 1.21.72.53.0 8.8% 1.01.4 30% 0.81.0 2.5 1.2 29% 86

0.8 0.5 1.0 AC 2.02.54.55.0 2.0 24.1%21.1%PET 56.0%56.7% 55.1%57.4% 29.2%27.2% 87

88

PET PET PET PETPET PET 38.7% 22.1%22.1%36.0% 14.8% 10.7%10.6%13.7% 51,800,000122,875,000287,378,000 239,320,0003045 5% 4.5 5.25.7(i) (ii) 89

1.431.47 1.481.75 5% ph GB5749 90

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2,000 530 3,859 2,366 6090 4.37% 5.08% 3.81% 3.59%1.30% 1.36% 1.04%0.80% 5% 92

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7 PET 32,590 52,152 PET:19,394 PET:60 6 TP 8,125 TP:3,113 TP:39 23,395 14,188 61 11 PET 23,592 82,192 PET:19,196 PET:81 6 AC 7,513 AC:3,810 AC:51 19,965 8,583 43 TP 13,000 TP:7,549 TP:58 1 PET 10,993 41,456 PET:6,989 PET:64 6 26,047 12,995 50 3 15,248 33,523 6,263 41 3 PET 19,835 62,070 PET:13,278 PET:67 5 AC 8,376 AC:1,463 AC:17 23,031 9,357 41 5 PET 40,194 29,374 PET:29,365 PET:73 TP 4,905 TP:2,273 TP:46 1 PET 11,665 20,776 PET:10,103 PET:87 3 11,751 2,692 23 1 PET 11,919 31,836 PET:10,594 PET:89 2 6,183 1,827 30 2 PET 23,958 27,225 PET:18,834 PET:79 4 16,378 10,381 63 1 (6) TT/3 13,934 4,609 TT/3:7,367 TT/3:53 94

(1) TC PET PETTP AC TT/3 Tetra Top 3 (2) (3) (4) (5) (6) 95

60%22 5319PET30 1Tetra Top 321 30%PETPET PET PET PETPET 60 96

OEM (i)(ii) 143.9178.3460.2 221.43.7%4.1%8.3% 7.5%7.0% 10.5%19.6%19.3% 97

98

50% 99

0.05% 30,585,000 4.37% 1.92 6.8210 0.540.51 37% 19,034,000 100

9% 850857Rich Keen Limited 5 13,364,000 50% 50% 2,093,000 101

15% 85%Sanwa Shoji Co. Ltd. 10% 510,0003.8 20%10 10.074.2 102

AC 20.8% 21.6% AC 22.8% AC 11.2%11.4% 38.9% 24.7% 10.3211.24 9.435.41 0.2%0.2%0.1%0.1% 66 5214 PET 103

ISO 90012000 HACCP 177 104

0.8552% 359,669230,958 10 11.7 105

3314 1,291,811.719 12179157619,229.0 22 31177 30 10,002.0 156513,571.6 21 21 186 179,577.7 29,373.6 718.5 9% 113.3 106

18680113,456 80 3743 377 77 17,600 80 182186182 1823168 11 3244 9 13 18280 113,310,000 182 (i) (ii) 107

500,000 23 (i) (ii) 108

(1) BVI28.57% (2) 9,890,00073.3 (BVI) (3) 80%9,800,00073.3 (BVI) 80% (4) 94.49%3,070,00022.8 (BVI) 94.49% 109

(5) 2,660,00019.7 (BVI) (6) 999,999 (7) 90% 900,000 90% (8) BVI (9) 248,160,0001,840.4 (10) (11) (12) 110

45% 75 25 1. 354,910,000 2. 50%40%15% 3. 10% 4. 4.37%1.8% 111

5. 5.4% 6. 1.8% 7. 10%25%55% Guangzhou Guang Bai Joint Stock Company LimitedCarrefour China Holdings B.V 10% (BVI)10% 7-11Presicarre Corp.President Drug Store 73,803 16,924 257,66759,0876,235 1,430 200 Uni-President Food Corp. Pt. ABC President Indonesia 1. 2. (1) 3. (1) 112

4. 5. 6. (1) 7. 8. (1)............................................................................................................... 90% 113

247,991,00053.4 4,338,015,000 284,440,000994.865.2 0.03%0.03%0.16%0.08% 0.49% 0.44% 0.38% 0.14% 69,377,724 26,427,260731,799 205,314,00047.1 124,279,000 28.56,090,0001.4 50% 114

Kikkoman Corporation (1) (2) (3) (1) 10% 115

(2) 30% (3) (4) 15% (2) 30% (2) 10%15% 116

(3) 117

14A 118

(i) (ii) (iii) 119

20014 62 405 4.29%0.08%0.89% 0.03%0.01% 120

Unif (i) 0.05% (ii) 121

ERP 0.4%0.2%0.3%0.2% 0.03%0.03%0.16%0.08% 0.28%0.31%0.48%0.37% 1.4%2.8%5.2%8.1% 1.60%3.34%6.37%10.16% 122

14A.11 20% 123

75.0% 1 14A.33 2 14A.34 3 14A.35 4 14A.35 Unif 124

Unif 100 41.7% 44.3%38.8%37.7% (i)30%(ii) 0.05% 75.0%10% 14A.33(3) 125

ERP ERPERP ERP ERP 54,349,00056,002,000 34,437,0000 0%0.02%0.15%0.14% 126

ERP.............. 3.0 18.0 18.0................. 3.2 2.6 3.0..................... 6.2 20.6 21.0 14A.47 127

20,126,00013,578,00025,557,0007,651,000 0.4%0.2%0.3%................. 61.0 301.4 445.4 14A.4714A.48 14A.54 128

600 51,800,000122,875,000287,378,000239,320,000 1.4% 2.8%5.2% 129

................. 652.7 840.2 968.6 14A.4714A.48 14A.54 14A.42(3) 14A 14A 130

14A (i) (ii) 131

8.12 8.12 (a) (b) (c) 3A.19 (d) () (e) (f) 132

50 21 43 55 29 79 1435 133

65 6235 64 36 40 50 22 Nortel Networks Asia/Pacific 134

52 25 46 12 59 135

63 32 3 51 China Enterprise Capital Limited 3.10(2) 55 136

50 25 48 18 45 21 50 22 45 21 137

47 20 3.24 138

18,18514,83014,69914,727........................................... 5,386....................................... 6,225............................. 436................................................. 2,680................................................. 14,727 110 139

6,00030,000 48,000110,000 12,000 136,000167,000 920,000 6,000 602,000688,0003,202,000 1,548,000 150,000 140

3A.19 3A.23 (a) (b) (c) (d) 141

50,000,000,000 500,000,000 1 0.01 2,999,999,999 29,999,999.99 526,810,000 5,268,100.00 3,526,810,000 35,268,100.00 132,258,000 3,659,068,000 142

20% 10% 143

144

1 100% 2,645,090,000 75% XV23 5% 2,645,090,000 75% (1) 2,645,090,000 75% (1) 2,645,090,000 145

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12 53 59.4%64.6%71.2%73.8% 260 1.4 AC 11.211.4%AC 11 50 40.2%35.0%28.1%25.6% 31 147

100% 28.57%1074 537 248.22,107.6 999,999 148

47.9%15.9% 52.7%25.3% 4.1% 2.8% 1.2%................. 48,990 72,444 47.9 110,623 52.7 60,518 67,891 12.2................... 72,723 84,291 15.9 105,600 25.3 58,957 56,565 (4.1)....................... 5,660 8,642 52.7 28,300 227.5 14,316 14,148 (1.2)................. 127,373 165,377 29.8 244,523 47.9 133,791 138,604 3.6..................... 100,611 97,829 (2.8) 96,657 (1.2) 47,843 50,873 6.3 149

................. 24.8 24.4 (1.6) 22.9 (6.3) 22.7 23.8 4.8................... 27.1 26.2 (3.2) 24.6 (6.1) 24.9 25.5 2.4....................... 34.7 28.1 (19.0) 17.0 (39.4) 17.3 16.2 (6.4)................. 26.6 25.5 (3.8) 23.0 (10.0) 23.1 23.7 2.6..................... 22.8 23.4 2.9 22.9 (2.3) 22.2 22.3 0.5 84.1%84.0%81.2% 79.4% 57.8%59.2%56.0%56.7% 27.4%29.6%29.2%27.2% 24.5%23.8% 24.1%21.1%58.9%55.7%55.1% 57.4% 150

PET PET30% PET 5,800 4,800 3,800 2,800 1,800 2004 2005 2006 2007 25,000 20,000 15,000 10,000 5,000 2005 2006 2007 151

6,800 6,300 5,800 5,300 4,800 4,300 3,800 2004 2005 2006 2007 24,000 23,000 22,000 21,000 20,000 19,000 18,000 2004 2005 2006 2007 13,000 12,000 11,000 10,000 9,000 8,000 2004 2005 2006 2007 1 152

36.2%44.4% 39.6%32.7% 100 21.7% 21.4% 153

307.1 346.7 380.2 26.6 52.4 10.012.8 8.1 14 6 22 60% 154

155

20 10 35 5 156

28 9 12 157

1.21.8 2.91.22.8 158

3.312.1 4.25.9 1.8 159

................. 3,382,308 4,223,344 5,617,016 3,089,830 3,286,006............... 1,969,419 2,209,597 2,600,365 1,467,283 1,440,613................. 1,216,610 1,770,945 2,535,186 1,375,371 1,616,809................... 196,279 242,802 481,465 247,176 228,584............... 2,290,463 2,290,881 2,211,472 1,064,374 1,139,534..................... 18,487 23,225 55,204 22,959 27,642.................... 5,691,258 6,537,450 7,883,692 4,177,163 4,453,182 % % % % %................. 59.4 64.6 71.2 74.0 73.8............... 34.6 33.8 33.0 35.1 32.4................. 21.4 27.1 32.2 32.9 36.3................... 3.4 3.7 6.0 6.0 5.1............... 40.2 35.0 28.1 25.5 25.6..................... 0.4 0.4 0.7 0.5 0.6..................... 100.0 100.0 100.0 100.0 100.0 160

3,849.0 4,383.25,555.82,967.3 (1)......... 3,238.4 3,680.0 4,509.1 2,356.2 (2)....................... 523.8 595.7 734.1 393.8............... 121.8 152.2 370.0 157.2................. (35.0) (44.7) (57.4) 60.1......................... 3,849.0 4,383.2 5,555.8 2,967.3 (1) (2) 2.43.7 1.1 9.6 4.1 161

................. 24,621 11,595 22,592 8,009 7,489............... 5,329 9,318 25,070 10,143 2,569............. 12,842 4,040 10,461 4,660 3,951............. 2,177 2,377 2,345 1,309 1,701............. 1,808 1,869 4,369 1,569 247............. 265 147 1,380 415..................... 2,127 3,033 2,574 2,150 743 49,169 32,379 68,791 27,840 17,115 162

................. 290,337 332,789 433,705 238,980 221,879........... 782,513 878,022 891,146 463,524 572,845............. 235,030 266,487 346,372 173,208 192,582............... 23,682 25,475 27,471 14,008 16,435..................... 115,538 133,935 150,342 70,863 77,790 1,447,100 1,636,708 1,849,036 960,583 1,081,531 163

12,400,000 55% 55% 100% 100% 3,000,000 50% 50% 50% 50% 50% 50% 600,000,000 1.61.92.10.4 14.415.3 38.2 30.613.0 10%33% 164

15% 24% 15% 10% 15% 10% 12% 10% 15% 24% 15% 15% 10% 165

15% 15% 24% 12% 15% 15% 30% 9.9%8.9%16.8%10.0% 25% 25% 166

5,691,258 6,537,450 7,883,692 4,177,163 4,453,182................. (3,849,029) (4,383,229) (5,555,752) (2,946,307) (2,967,278) 1,842,229 2,154,221 2,327,940 1,230,856 1,485,904.. 2,398 3,660 (1,104) 9,626 4,087................. 49,169 32,379 68,791 27,840 17,115....... (1,447,100) (1,636,708) (1,849,036) (960,583) (1,081,531)................. (218,533) (249,553) (280,780) (141,646) (118,448) 228,163 303,999 265,811 166,093 307,127................. 7,067 7,074 13,708 7,679 8,634................. (13,584) (14,509) (33,064) (16,487) (13,410)........... (6,517) (7,435) (19,356) (8,808) (4,776)..... (16,051) (17,202) (70,909) (22,470) (13,400) 205,595 279,362 175,546 134,815 288,951............... (20,392) (24,907) (29,476) (15,297) (28,840) 185,203 254,455 146,070 119,518 260,111............... 185,203 254,455 146,070 119,518 260,111 167

..................... 100.0 100.0 100.0 100.0 100.0................. (67.6) (67.0) (70.5) (70.5) (66.6)..................... 32.4 33.0 29.5 29.5 33.4.. 0.0 0.1 (0.0) 0.2 0.1................. 0.9 0.5 0.9 0.7 0.4....... (25.5) (25.1) (23.4) (23.0) (24.3)................. (3.8) (3.8) (3.6) (3.4) (2.7)................. 4.0 4.7 3.4 4.0 6.9................. 0.1 0.1 0.2 0.2 0.2................. (0.2) (0.2) (0.4) (0.4) (0.3)........... (0.1) (0.1) (0.2) (0.2) (0.1)..... (0.3) (0.3) (1.0) (0.6) (0.3)........... 3.6 4.3 2.2 3.2 6.5............... (0.3) (0.4) (0.3) (0.3) (0.7)........... 3.3 3.9 1.9 2.9 5.8............... 3.3 3.9 1.9 2.9 5.8 168

.................. 3,089.8 3,286.0 2,092.8 2,040.3 997.0 1,245.7 32.3 37.9 %... 74.0 73.8 71.0 68.8 81.0 83.8................ 1,064.4 1,139.5 836.7 903.0 227.7 236.5 21.4 20.8 %... 25.5 25.6 28.4 30.4 18.5 15.9.............. 23.0 27.7 16.8 24.0 6.2 3.7 26.7 13.6 %... 0.5 0.6 0.6 0.8 0.5 0.3.................. 4,177.2 4,453.2 2,946.3 2,967.3 1,230.9 1,485.9 29.5 33.4 4,177.26.6% 4,453.2 196.26.3%75.1 7.1% 2,946.30.7% 2,967.3 66.37.9% 52.52.5% 70.5% 66.6% 1,230.920.7% 1,485.9 29.5% 33.4% 5.6% 0.6%13.1% 218.2 66.5%363.3 22.1 57.6%9.4 169

................... 3,089.8 100.0 3,286.0 100.0............... 2,092.8 67.7 2,040.3 62.1......... 519.2 16.8 430.1 13.1......... 1,219.6 39.5 1,156.3 35.2............... 76.0 2.5 76.2 2.3....... 43.0 1.4 44.7 1.4........... 114.0 3.6 115.1 3.4................. 1,971.8 63.8 1,822.4 55.5......... 188.1 6.1 153.4 4.7......... (67.1) (2.2) 64.5 2.0................... 997.0 32.3 1,245.7 37.9....... 1,375.4 1,616.8 17.6............. 60.5 67.9 12.2..... 22.7 23.8 4.8....... 1,467.3 1,440.6 (1.8 )............. 59.0 56.6 (4.1 )..... 24.9 25.5 2.4....... 247.2 228.6 (7.5 )............. 14.3 14.1 (1.2 )..... 17.3 16.2 (6.4 )....... 3,089.8 3,286.0 6.3........... 133.8 138.6 3.6..... 23.1 23.7 2.6 170

3,089.86.3%3,286.0 241.4 17.6%26.71.8% 133.8 3.6%138.6 60.5 12.2%67.9 59.04.1%56.6 23.12.6% 23.722.74.8% 23.8 24.92.4% 25.5 2,092.82.5% 2,040.3 1,245.7 997.0248.724.9% 32.3% 37.9% 171

................... 1,064.4 100.0 1,139.5 100.0............... 836.7 78.6 903.0 79.2......... 464.1 43.6 518.6 45.5......... 244.0 22.9 245.4 21.5............... 40.8 3.8 35.7 3.1....... 34.1 3.2 35.1 3.1........... 42.3 4.0 47.3 4.2................. 825.3 77.5 882.1 77.4......... 3.2 0.3 3.8 0.3......... 8.2 0.8 17.1 1.5................... 227.7 21.4 236.5 20.8....... 1,064.4 1,139.5 7.1........... 47.8 50.8 6.3..... 22.2 22.4 0.9 1,064.47.1%1,139.5 47.86.3% 50.8 16.121.9% 19.6 172

22.2 22.4 836.77.9% 903.0 227.78.83.9% 236.5 21.4% 20.8% 9.6 57.5%4.1 1.9 27.8 38.5%17.1 7.6 960.612.6% 1,081.5 109.319.4 17.1 141.6 16.4%118.4 173

166.1 84.9%307.1 4.0% 6.9% 8.845.8%4.8 2.9 5.7 22.540.4% 13.4 13.0 0.4 1.2 21.3 134.8114.3% 289.0 141.09.1 15.388.5% 28.8 27.6 11.3%10.0% 119.5117.6%260,1 2.9% 5.8% 174

.................. 4,223.3 5,617.0 2,639.3 3,781.5 1,584.0 1,835.5 37.5 32.7 %... 64.6 71.2 60.2 68.1 73.5 78.8................ 2,290.9 2,211.5 1,731.1 1,738.7 559.8 472.8 24.4 21.4 %... 35.0 28.1 39.5 31.3 26.0 20.3.............. 23.3 55.2 12.8 35.6 10.5 19.6 44.9 35.4 %... 0.4 0.7 0.3 0.6 0.5 0.9.................. 6,537.5 7,883.7 4,383.2 5,555.8 2,154.3 2,327.9 33.0 29.5 6,537.520.6% 7,883.7 1,393.733.0% 79.43.5% 4,383.2 26.8%5,555.8 1,142.143.3% 67.0% 70.5% 2,154.38.1% 2,327.9 33.0% 29.5% 4.8% 3.0% 346.7 9.7%380.2 21.6 52.4 175

................. 4,223.3 100.0 5,617.0 100.0............. 2,639.3 62.5 3,781.5 67.3....... 628.5 14.9 912.4 16.2....... 1,562.9 37.0 2,118.4 37.7............. 140.8 3.3 149.4 2.7..... 71.6 1.7 102.1 1.8......... 126.6 3.0 202.7 3.6............... 2,530.4 59.9 3,485.0 62.0....... 140.5 3.3 363.1 6.5....... (31.6) (0.7) (66.6) (1.2)................. 1,584.0 37.5 1,835.5 32.7....... 1,770.9 2,535.2 43.2............. 72.4 110.6 52.7..... 24.4 22.9 (6.3)....... 2,209.6 2,600.4 17.7............. 84.3 105.6 25.3..... 26.2 24.6 (6.1)....... 242.8 481.4 98.3............. 8.6 28.3 227.5..... 28.1 17.0 (39.4)....... 4,223.3 5,617.0 33.0............. 165.4 244.5 47.8..... 25.5 23.0 (10.0) 176

4,223.3 5,617.0 33.0%764.3 43.2%390.817.7% 165.447.8% 244.5 72.452.7% 110.6 84.325.3% 105.6 1.52.0 25.510.0% 23.024.46.3% 22.9 26.26.1% 24.6 18 177

2,639.343.3% 3,781.5 45.2% 1,835.5 1,584.0251.515.9% 37.5% 32.7%................. 2,290.9 100.0 2,211.5 100.0............. 1,731.1 75.6 1,738.7 78.6....... 964.3 42.1 958.3 43.3....... 512.5 22.4 507.1 22.9............. 82.5 3.6 84.2 3.8..... 71.7 3.1 72.7 3.3......... 89.9 4.0 88.9 4.1............... 1,720.9 75.2 1,711.2 77.4......... 11.7 0.5 6.9 0.3......... (1.5) (0.1) 20.6 0.9................. 559.8 24.4 472.8 21.4....... 2,290.9 2,211.5 (3.5)............. 97.8 96.7 (1.2)..... 23.4 22.9 (2.3) 178

2,290.93.5%2,211.5 97.81.2% 96.7 23.4 22.9 1,731.10.4% 1,738.7 472.8 559.887.015.5% 24.4% 21.4% 3.74.8 1.17.1 5.2 13.9 32.4 36.468.8 11.0 15.8 179

1,636.713.0% 1,849.0 100.9 25.1% 23.4% 249.6 12.5%280.8 11.9 45 304.0 12.6%265.8 4.7% 3.4%. 7.412.0 19.4 13.26.6 17.2 70.9 38.2 30.6 15.31.9 180

279.437.2% 175.5 38.253.7 24.929.5 8.9% 16.8% 254.542.6% 146.13.9% 1.9%.................. 3,382.3 4,223.3 2,044.1 2,639.3 1,338.2 1,584.0 39.6 37.5 %... 59.4 64.6 53.1 60.2 72.6 73.5................ 2,290.5 2,290.9 1,793.1 1,731.1 497.4 559.8 21.7 24.4 %... 40.2 35.0 46.6 39.5 27.0 26.0.............. 18.5 23.3 11.8 12.8 6.7 10.5 36.0 44.9 %... 0.4 0.4 0.3 0.3 0.4 0.5.................. 5,691.3 6,537.5 3,849.0 4,383.2 1,842.3 2,154.3 32.4 33.0 5,691.314.9% 6,537.5 841.024.9% 181

3,849.0 13.9%4,383.2 595.229.1% 1,842.3 16.9%2,154.3 32.4% 33.0% 21.7% 24.4% 39.6%37.5%................. 3,382.3 100.0 4,223.3 100.0............. 2,044.1 60.4 2,639.3 62.5....... 500.3 14.8 628.5 14.9....... 1,180.9 34.9 1,562.9 37.0............. 130.2 3.9 140.8 3.3..... 65.5 1.9 71.6 1.7......... 81.8 2.4 126.6 3.0............... 1,958.7 57.9 2,530.4 59.9....... 115.0 3.4 140.5 3.3....... (29.6) (0.9) (31.6) (0.7)................. 1,338.2 39.6 1,584.0 37.5 307.1 12.9%346.7 26.621.6 182

........... 1,216.6 1,770.9 45.6................. 49.0 72.4 47.9......... 24.8 24.4 (1.6)........... 1,969.4 2,209.6 12.2................. 72.7 84.3 15.9......... 27.1 26.2 (3.2)........... 196.3 242.8 23.7................. 5.7 8.6 52.7......... 34.7 28.1 (19.0)........... 3,382.3 4,223.3 24.9................. 127.4 165.4 29.8......... 26.6 25.5 (3.8) 3,382.324.9%4,223.3 1,216.645.6% 1,770.9 1,969.412.2% 2,209.6 49.047.9% 72.4 72.715.9% 84.3 2.0 183

26.63.8% 25.5 24.81.6% 24.4 27.13.2% 26.2 2,044.129.1% 2,639.3 1,584.0 1,338.2245.8 18.4% 39.6%37.5%................. 2,290.5 100.0 2,290.9 100.0............. 1,793.1 78.3 1,731.1 75.6....... 1,056.7 46.1 964.3 42.1....... 490.6 21.4 512.5 22.4............. 82.1 3.6 82.5 3.6..... 61.9 2.7 71.7 3.1......... 90.0 4.0 89.9 4.0............... 1,781.3 77.8 1,720.9 75.2....... 6.8 0.3 11.7 0.5....... 5.0 0.2 (1.5) (0.1)................. 497.4 21.7 559.8 24.4 184

........... 2,290.5 2,290.9 0.0................. 100.6 97.8 (2.8)......... 22.8 23.4 (2.9) 2,290.5 2,290.9 100.62.8% 97.8 22.823.4 100 1,793.13.5% 1,731.1 8.7% 1,056.7 964.3 559.8 497.462.4 12.5% 21.7%24.4% 2.4 1.33.7 3.2 185

49.2 16.832.4 13.0 8.84.0 1,447.113.1% 1,636.7 95.5 42.5 218.5 14.2%249.6 228.2 33.2%304.0 4.0% 4.7% 6.50.9 7.4 17.5157.2% 12.9 16.1 17.2 15.3 1.9 14.41.6 205.635.9% 279.4 75.8 20.424.9 9.9%8.9% 186

185.237.4% 254.5 3.3%3.9% 2,858.6..... 522,764 669,802 517,062 358,941 917,564..... (399,137) (836,591) (114,829) (233,075) (144,300)............... 70,153 252,129 (244,259) (80,407) (311,226)............... 193,780 85,340 157,974 45,459 462,038............. 404,029 597,809 683,149 683,149 841,123............. 597,809 683,149 841,123 728,608 1,303,161 187

917.6 289.0 628.6319.5 184.5152.9 91.4 517.1 175.5341.6 304.8 70.964.0 41.936.2 80.847.2 25.1 669.8 279.4 390.4296.6 148.9110.3 29.893.3 38.9 30.9 522.8 205.6 317.2280.7 157.0 28.866.8 44.126.6 144.3162.2 53.7 399.1836.6114.8 188

311.21,074.3 756.0 244.3 1,799.510.1 1,564.8 252.1 1,926.8 1,634.640.0 70.2 1,252.2 40.01,222.0......................... 193.0 237.8 189.4 89.3....................... 90.1 138.0 221.8 32.1......................... 1.1 0.8 2.1 0.8....................... 5.5 15.9 24.2 15.1................. 289.7 392.5 437.5 137.3 222.0 137.3 189

............... (12,423) (300,000)........... (46,786) (136,364) 12.4 50% 46.8 4.99% 300.0 50%136.49.0% 12................. 80,479 107,883 85,025 99,295................. 18,396 19,647 22,311 18,175................... 185,640 230,326 287,720 227,631................. 76,873 94,009 107,660 111,320 361,388 451,865 502,716 456,421 190

......... 31.0 33.9 31.4 29.7 365 184 6090........... 17.8 16.9 14.0 13.8 365184 191

0 90......... 232,980 83.9 242,268 80.1 222,271 78.4 319,119 86.8 91 180....... 36,886 13.3 43,097 14.2 44,341 15.7 32,191 8.8 181 360...... 6,491 2.3 14,469 4.8 7,925 2.8 9,205 2.5 360....... 1,296 0.5 2,875 0.9 8,771 3.1 6,968 1.9 277,653 100.0 302,709 100.0 283,308 100.0 367,483 100.0 12.819.721.918.8 715 3045........... 38.0 37.8 32.7 34.7 365184 192

38.0 32.7 0180........ 373,702 98.6 492,877 99.0 451,643 98.0 617,369 98.8 181 365...... 1,977 0.5 1,156 0.2 3,070 0.7 3,575 0.6 1......... 3,445 0.9 3,792 0.8 5,933 1.3 3,989 0.6 379,124 100.0 497,825 100.0 460,646 100.0 624,933 100.0 (1)................. 87,366 204,819 177,852 134,693 113,065................... 509,778 684,454 536,659 261,552 190,075 597,144 889,273 714,511 396,245 303,140...... 40,000.................... 637,144 889,273 714,511 396,245 303,140 (1) 193

637.1 889.3714.5396.2303.1..................... 62,000 436,000 498,580 223,733 133,000....................... 503,308 344,147 215,931 172,512 170,140....................... 31,836 109,126 597,144 889,273 714,511 396,245 303,140..................... 40,000.................... 637,144 889,273 714,511 396,245 303,140................... 4.647% 4.749% 5.185% 5.186%..................... 2.924% 4.860% 5.965% 5.930%..................... 3.820%................... 4.658% 4.419% 4.677% 5.046%..................... 2.888% 4.777% 5.868% 5.846%..................... 2.474% 4.888%................... 3.000% 194

.................. 727,888 1,417,583 1,640,191 1,920,000 2,411,001.................... 164,019 345,690 648,773 483,179 399,179.................... 44,311 50,235 48,718 48,417 891,907 1,807,584 2,339,199 2,451,897 2,858,597 24.6150.7116.852.0 90.0 45.090.0 50/50 195

177.7....................... 361,388 451,865 502,716 456,421......... 277,182 295,971 268,066 361,247............. 133,821 167,709 152,168 186,072............. 135,000 580,000 55,000 88,000................. 2,000............. 6,718 5,807 21,316 552........... 597,809 683,149 841,123 1,303,161 1,511,918 2,186,501 1,840,389 2,395,453......... 379,124 528,051 467,846 652,377..... 400,874 519,564 734,183 913,092....................... 637,144 889,273 714,511 396,245................... 10,137 22,154 39,709 39,709..... 54,988 55,487............. 2,859 6,079 6,843 40,444 1,430,138 1,965,121 2,018,080 2,097,354 81,780 221,380 (177,691) 298,099 221.4 177.7 300.050% 136.49%273.8 298.1 196

36 23 3.9%1.8%1.5% 13.13 13.19 197

198

(1)..................... 772.0............................................... 53.5......................................... (12.9)............................................... (0.4)....................... 812.2....................... 385.9........................... 1,198.1 (1) 411.0 199

(1).......................... 411.0 (2)(3)....................... 0.116 0.122 (1) 3 (2) 3,526,810,000 (3) 1.00 0.9526 200

3.75................ 2,915,381 1,791,716 4,707,097 1.33 1.40 4.68................ 2,915,381 2,244,425 5,159,806 1.46 1.54 (1) 2,999,695,00084,314,000 (2) 3.754.68 1.000.9526 (3) 3,526,810,000 (4) 1.000.9526 (5) 385,940,000 24,360,000 (6) 201

3.75 1,880.91,791.74.68 2,356.1 2,244.44.22 3.754.68 2,121.02,020.5 754.3718.6 36% 598.4570.0 28% 734.8700.0 35% 33.532.0 1% 481.1458.3600.4 571.9 30%29%39%2% 202

4.223.754.68 30%29%39%2%4.22 3.754.68 30%29%39%2% 3.75 1,330.91,267.8 4.68 1,661.0 1,582.2 203

204

(1) (a) (b) (c) (d) (e) (f) (g) 205

(h) (2) (a) H5N1 (b) (c) (d) () (e) (f) 206

(1) (2) (3) (4) 10.07(1)(a) (b)(a) 10.08 (a) 207

(b) (c) (a)(b) (d) 25% (a) (b) (c) (a)(b) (d), 208

(a)(d) (a) 155 (b) ( ) (a) (b) (c) (a)(b) 209

(d) (a)(d) 2.75% 30 132,258,000 15% 4.223.754.68 0.004%0.005% 10297 210

88,172,000 144A S793,548,000 144A S 4.68 3.75 211

212

www.upch.com.cn www.hkex.com.hk (a) (b) (c) 155 213

88,172,000 881,720,00010% 2% 4.683.75 4.681.0%0.005% 0.004%4.68 88,172,000 44,086,00044,086,000 5 5 88,172,00050%44,086,000 214

(i)1550 (ii)50100(iii)100 264,516,000352,688,000440,860,000 30% (i)40%(ii)50%(iii) 793,548,000 90% 438,638,000354,910,000354,910,000 10.1% 100% 75.0% 144A S 30 132,258,000 15% 215

20,000,000 4.22 36,875,000 4.6%4.2% 1.0% Elevatech LimitedElevatech20,000,000 4.22 Elevatech36,875,000 4.6%4.2% 1.0% GIC20,000,000 4.22 GIC36,875,000 4.6%4.2% 1.0% Grahamstowe Investments LimitedGrahamstowe 20,000,000 4.22Grahamstowe 36,875,0004.6% 4.2% 1.0% 216

Honeybush LimitedHoneybush20,000,000 4.22 Honeybush36,875,000 4.6%4.2% 1.0% Tameega International LtdTameega20,000,000 4.22Tameega36,875,000 4.6%4.2% 1.0% 4.221.00 7.7808 GICGIC GIC 1,000 GrahamstoweLuff Deer Group LimitedLuff Deer Group LimitedLeslie Lee AlexanderLeslie Lee Alexander Houston Rockets Honeybush 217

Tameega International Ltd Elevatech 10% 218

219

(i)(ii)eipo eipo(iii) eipo 18 eipo eipo eipo eipo 220

S (1) 30 (2) 852 (3) 111 (4) 2817 (5) 183323204-07 (6) 8 28 (7) 3 27 221

(8) 141 1 1065 B1-11 82-84 673 1 38-46 150-160 1 (9) 88 88 50-52 3-4 1027 31 A 222

2-16 32C 2325 3308E G37-40 (10) 10 399 399 326328 1-3 526 720722 418 1 239243 6266 82217B 199 2 223

(a) (b) (c) (d) (i) (ii) 224

(i) (ii) (i) (ii) 225

(i) www.eipo.com.hkeipo eipo (ii) eipowww.eipo.com.hk eipo (iii) eipoeipo www.eipo.com.hk (iv) eipoeipo eipo (v) eipo1,000 1,000 www.eipo.com.hk (vi) eipoeipo (vii) www.eipo.com.hk eipo eipo www.eipo.com.hk (viii) eipoeipo eipo 226

eipo eipo www.eipo.com.hkeipo eipo eipoeipo www.eipo.com.hk eipo www.eipo.com.hkeipo24 www.eipo.com.hk 227

www.upch.com.cnwww.hkex.com.hk www.upch.com.cn www.hkex.com.hk 24www.iporesults.com.hk www.iporesults.com.hkwww.upch.com.cn www.iporesults.com.hk 2862 8669 228

(a) (i) (ii) (b) (i) (ii) (iii) 1%0.004%0.005% 1,000,000 229

183171712-1716 1,000,000 1,000,000 230

1,000,000 1,000,000 1,000,000 www.eipo.com.hkeipoeipo 1,000,000 183171712-1716 eipo www.eipo.com.hk1,000,000 eipo eipo eipo 231

2979 7888 https://ip.ccass.com 199 2 (a) (b) (i) 232

(ii) (iii) (iv) (v) (vi) (vii) (viii) (ix) (x) (xi) (xii) 233

(xiii) 40 (xiv) (xv) (xvi) 234

1,0001,000 (1) 24 235

236

1%0.004%0.005% 40 (i)(ii) 237

eipo eipo eipo www.eipo.com.hkeipo eipo eipoeipo eipoeipo eipoeipo eipoeipo eipoeipo eipoeipo eipoeipo 238

50% eipo eipo 239

40 eipo eipoeipo 240

50% www.eipo.com.hkeipo 4.68 1% 0.004%0.005% 1,000 4,727.22 1%0.004%0.005% 241

1% 0.004%0.005% 1%0.004%0.005% 1,000220 242

IIV II1 II110 I-1

1 II2 3.340 2410 I-2

II2 II2 34 I-3

II2............. 7 128,636 125,465 122,312 151,916..... 8 2,021,493 2,094,957 2,059,412 1,989,843............. 9 1,685 1,149 111,181 84,314. 10 49,930 32,728 276,182 262,782..... 11 4,612 41,662 183,696 198,810....... 12 8,150 12,889 13,398 42,603 2,214,506 2,308,850 2,766,181 2,730,268................. 13 361,388 451,865 502,716 456,421... 14 277,182 295,971 268,066 361,247....... 15 133,821 167,709 152,168 186,072....... 36(e) 135,000 580,000 55,000 88,000........... 2,000....... 16 6,718 5,807 21,316 552..... 17 597,809 683,149 841,123 1,303,161 1,511,918 2,186,501 1,840,389 2,395,453............... 3,726,424 4,495,351 4,606,570 5,125,721 I-4

..... 18 2,288,285 2,522,357 2,532,230 2,999,695......... 19 8,001 7,873 10,041 9,357......... 20 45,644 19,125....... 12 575 190 8,001 7,873 56,260 28,672... 21 379,124 528,051 467,846 652,377........... 22 400,874 519,564 734,183 913,092................. 23 637,144 889,273 714,511 396,245............. 18(c) 10,137 22,154 39,709 39,709......... 20 54,988 55,487....... 2,859 6,079 6,843 40,444 1,430,138 1,965,121 2,018,080 2,097,354............... 1,438,139 1,972,994 2,074,340 2,126,026....... 3,726,424 4,495,351 4,606,570 5,125,721........ 81,780 221,380 (177,691) 298,099..... 2,296,286 2,530,230 2,588,490 3,028,367 I-5

............... 6 5,691,258 6,537,450 7,883,692 4,177,163 4,453,182........... 26 (3,849,029) (4,383,229) (5,555,752) (2,946,307) (2,967,278)............... 1,842,229 2,154,221 2,327,940 1,230,856 1,485,904............ 24 2,398 3,660 (1,104) 9,626 4,087........... 25 49,169 32,379 68,791 27,840 17,115. 26 (1,447,100) (1,636,708) (1,849,036) (960,583) (1,081,531)........... 26 (218,533) (249,553) (280,780) (141,646) (118,448)........... 228,163 303,999 265,811 166,093 307,127........... 7,067 7,074 13,708 7,679 8,634........... (13,584) (14,509) (33,064) (16,487) (13,410)..... 28 (6,517) (7,435) (19,356) (8,808) (4,776) 10 (16,051) (17,202) (70,909) (22,470) (13,400)..... 205,595 279,362 175,546 134,815 288,951......... 29 (20,392) (24,907) (29,476) (15,297) (28,840)..... 185,203 254,455 146,070 119,518 260,111.......... 185,203 254,455 146,070 119,518 260,111............... 31 12,017 27,692 I-6

........ 18(a) 1,761,818 11,806 76,713 252,745 2,091,276 11,806.............. 18(b) 24,285 (24,285) 185,203 185,203.... 1,773,624 100,998 413,663 2,288,285.... 18(a) 640 640.... 18(b) 24,645 (24,645).......... 254,455 254,455.......... 18(c) (12,017) (12,017) 11....... (9,736) (9,736) 12....... 730 730........ 18(a) 1,762,247 2,170 (9,006) 125,643 643,473 2,522,357 2,170...... 18(d) 18(b) (117,150) 26,800 (26,800) (117,150).................. 18(e) 1,161 146,070 1,161 146,070.......... 18(c) (27,692) (27,692) 11....... 5,670 5,670 12....... (356) (356).... 1,619,575 (2,531) 152,443 762,743 2,532,230.... 18(a) 194,335 194,335.................. (362) 362 260,111 260,111 11....... 15,114 15,114 12....... (2,095) (2,095)...... 1,813,910 10,126 152,443 1,023,216 2,999,695 I-7

.... 1,762,247 (9,006) 125,643 643,473 2,522,357.......... 119,518 119,518...... 11,776 11,776...... (944) (944)...... 1,762,247 1,826 125,643 762,991 2,652,707 I-8

.............. 32 551,901 716,497 575,100 385,465 951,569.... 7,067 7,074 13,708 7,679 8,634........... (13,231) (28,073) (42,744) (18,976) (15,715)......... (22,973) (25,696) (29,002) (15,227) (26,924).......... 522,764 669,802 517,062 358,941 917,564........ 10 (12,423) (300,000).......... 33 29,818... 7 (1,544).............. (280,690) (385,785) (259,056) (110,934) (162,154)....... (1,636) (201) (27,637) (478) (28,637).... 36(e) (116,000) (445,000) 525,000 (17,500) (33,000).... 4,963 9,543 25,360 9,246 682.... 8,193 31,638 28,050 22,955 25,111.... 18(a) 170,848.... 18(d) (117,150).......... (46,786) (136,364) (136,364).......... (399,137) (836,591) (114,829) (233,075) (144,300) I-9

.. 1,252,168 1,926,759 1,564,763 791,620 756,012...... (1,222,015) (1,634,630) (1,799,525) (861,890) (1,074,278)..... 36(d) 40,000 (40,000).. 640 7,040.... (10,137) (10,137)...... 70,153 252,129 (244,259) (80,407) (311,226)...... 193,780 85,340 157,974 45,459 462,038.... 17 404,029 597,809 683,149 683,149 841,123.... 17 597,809 683,149 841,123 728,608 1,303,161 I-10

PO Box 309GT, Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands TSEC 28.57 1005,000,000 39,050,00010,000,00078,100,000 25,420,000 194,335,000 10,000 100% 100% i) 248,160,000 100% 100% 100% 100% (ii) I-11

15,500,000 100% 100% 100% 100% (ii) 12,400,000 55% 55% 100% 100% ii,iii 20,000,000 100% 100% 100% 100% (ii) 44,000,000 100% 100% 100% 100% (ii) 29,600,000 100% 100% 100% 100% (ii) 48,000,000 100% 100% 100% 100% (ii) 19,900,000 100% 100% 100% 100% (ii) 10,000,000 100% 100% 100% 100% (ii) 15,000,000 100% 100% 100% 100% (ii) 100% 100% 100% 100% (ii) 22,000,000 17,500,000 100% 100% 100% 100% (ii) 12,000,000 100% 100% 100% 100% (ii) 10,000,000 100% 100% 100% 100% (ii) 100% 100% ii,iv 2,000,000 I-12

12,000,000 100% 100% 100% 100% (ii) 3,500,000 100% 100% 100% 100% (ii) 600,000 100% 100% 100% (ii) 1,000,000 100% 100% i (i) (ii) iii I-13

iv (iii) 55% 24,972,000 45% 45% (iv) 1 33(b) I-14

3.340 5 8 23 112 12 I-15

-13 1419 19 14 3.6 (a) I-16

I-17 (b) 20 10 35 5 (a) (b) 5 (c) 28

I-18 (a) (b) (c) 12

I-19 12

I-20 (a) (b) (c) (d) (e) 2070

(a) (i) 1723 5 5%*.......... 25,224 20,953 9,594 7,652 5%........... (25,224) (20,953) (9,594) (7,652) * (ii) 11 11 17%22% 10% 877,0001,625,000 1,588,000 11 P/E BV/EBDITA EBITDA3257 I-21

P/EBV/EBITDAP/EBV/EBITDA 10% 11,865,00013,875,000 8,383,00015,522,000 (iii) 36(e)17 23 10%*......... (1,041) (2,476) (3,946) (1,783) 10%.......... 1,041 2,476 3,946 1,783 * (b) *..... BBB+ 179,183 205,998 169,064 427,220..... BBB 99,891 100,672 113,461 308,395......... BBB+ 47,562 48,607 133,434 103,555 326,636 355,277 415,959 839,170 * S&P I-22

(c).................. 637,144 (i)........ 5,051.... 379,124.......... 400,874.................. 889,273 (i)........ 13,248.... 528,051............ 519,564.................. 714,511 (i)........ 10,160.... 467,846.......... 734,183.......... 56,003 48,552.................. 396,245 (i)........ 5,172.... 652,377............ 913,092.......... 56,003 20,551 (i) I-23

2050%...................... 1,417,142 1,936,888 2,017,172 2,036,326 17....... (597,809) (683,149) (841,123) (1,303,161).................... 819,333 1,253,739 1,176,049 733,165...................... 2,288,285 2,522,357 2,532,230 2,999,695...................... 3,107,618 3,776,096 3,708,279 3,732,860................ 26.37% 33.20% 31.71% 19.64% 23 11 42,603,000 190,000 12 I-24

25% 1% 1,214,00071,000 90%..................... 3,382,308 2,290,463 18,487 5,691,258........ 307,062 (26,604) (10,002) (42,293) 228,163........... (6,517)..... (1,636) (14,415) (16,051)........... 205,595............... (20,392)................. 185,203............... 165,074 112,213 3,719 3,193 284,199..................... 1,699,963 1,109,521 81,808 785,202 3,676,494..... 10,783 39,147 49,930................... 3,726,424..................... 424,634 340,225 6,404 666,876 1,438,139................... 1,438,139................. 193,009 90,044 1,121 5,523 289,697 I-25

..................... 4,223,344 2,290,881 23,225 6,537,450........ 346,713 21,570 (12,823) (51,461) 303,999........... (7,435)..... (1,927) (15,275) (17,202)........... 279,362............... (24,907)................. 254,455............... 186,748 106,081 3,646 4,031 300,506..................... 1,852,595 1,123,027 76,093 1,410,908 4,462,623..... 8,857 23,871 32,728................... 4,495,351..................... 629,796 405,288 10,853 927,057 1,972,994................... 1,972,994................. 237,772 137,974 812 15,928 392,486 I-26

..................... 5,617,016 2,211,472 55,204 7,883,692........ 380,176 (52,386) (8,056) (53,923) 265,811........... (19,356)..... (32,678) (38,231) (70,909)........... 175,546............... (29,476)................. 146,070............... 209,576 109,760 3,522 3,713 326,571................. 10,801 1,140 11,941..................... 1,941,495 1,103,776 99,952 1,185,165 4,330,388..... 276,182 276,182................... 4,606,570..................... 698,732 462,278 17,846 895,484 2,074,340................... 2,074,340 189,423 221,838 2,045 24,168 437,474 I-27

..................... 3,286,006 1,139,534 27,642 4,453,182........ 363,298 (9,371) (11,004) (35,796) 307,127........... (4,776)..... (13,400) (13,400)........... 288,951............... (28,840)................. 260,111............... 102,704 75,499 1,841 1,963 182,007..................... 2,100,974 931,598 92,822 1,737,545 4,862,939..... 262,782 262,782................... 5,125,721..................... 1,166,207 461,505 15,182 483,132 2,126,026................... 2,126,026................. 89,272 32,061 810 15,129 137,272 I-28

..................... 3,089,830 1,064,374 22,959 4,177,163........ 218,178 (22,086) (4,237) (25,762) 166,093........... (8,808)..... (1,165) (21,305) (22,470)........... 134,815............... (15,297)................. 119,518............... 104,420 46,779 1,897 2,522 155,618..................... 2,234,588 937,146 87,552 1,653,555 4,912,841..... 7,692 2,566 10,258................... 4,923,099..................... 1,097,118 313,691 8,262 851,321 2,270,392................... 2,270,392................. 72,344 17,432 938 23,992 114,706 33 I-29

.................... 130,255 128,636 125,465 122,312........................ 1,544 8 31,206 26............... (3,163) (3,171) (3,153) (1,602)................ 128,636 125,465 122,312 151,916........................ 155,182 155,182 155,182 186,388.................... (26,546) (29,717) (32,870) (34,472).................... 128,636 125,465 122,312 151,916 50 *.................. 20,530 20,179 19,829 19,654 1050 *.................. 108,106 105,286 102,483 132,262................ 128,636 125,465 122,312 151,916 * I-30

................... 760,190 1,420,833 520,774 2,782 321,287 3,025,866............... (179,672) (584,980) (229,101) (565) (994,318)........... (404) (404)............... 580,518 835,449 291,673 2,217 321,287 2,031,144........... 580,518 835,449 291,673 2,217 321,287 2,031,144................... 9,529 49,466 80,732 146,790 286,517............. 55,181 285,736 23,005 1,405 (365,327)................... (6,312) (4,756) (3,349) (14,417) 26........... (35,467) (158,511) (85,182) (1,546) (280,706) 26....... (1,045) (1,045)........... 603,449 1,006,339 306,879 2,076 102,750 2,021,493................... 816,834 1,744,743 608,266 4,187 102,750 3,276,780............... (213,385) (736,955) (301,387) (2,111) (1,253,838)........... (1,449) (1,449)............... 603,449 1,006,339 306,879 2,076 102,750 2,021,493........... 603,449 1,006,339 306,879 2,076 102,750 2,021,493................... 7,749 28,032 49,033 307,471 392,285............. 92,449 241,871 39,849 1,063 (375,232)................... (11,031) (4,798) (6,394) (22,223) 26........... (39,474) (159,989) (95,792) (1,343) (296,598)........... 653,142 1,111,455 293,575 1,796 34,989 2,094,957................... 900,041 1,992,041 669,772 5,250 34,989 3,602,093............... (246,899) (879,162) (376,197) (3,454) (1,505,712)........... (1,424) (1,424)............... 653,142 1,111,455 293,575 1,796 34,989 2,094,957 I-31

........... 653,142 1,111,455 293,575 1,796 34,989 2,094,957................... 4,115 34,936 52,419 182,351 273,821............. 6,878 60,653 21,130 932 (89,593) 33... 18,477 3,953 604 23,034................... (8,090) (8,481) (9,902) (26,473) 26........... (44,886) (174,143) (84,512) (1,231) (304,772) 26....... (1,155) (1,155)........... 611,159 1,041,742 276,663 1,497 128,351 2,059,412................... 893,783 2,062,992 718,542 6,182 128,351 3,809,850............... (282,624) (1,018,671) (441,879) (4,685) (1,747,859)........... (2,579) (2,579)............... 611,159 1,041,742 276,663 1,497 128,351 2,059,412........... 611,159 1,041,742 276,663 1,497 128,351 2,059,412................... 3,820 16,837 24,151 39 91,789 136,636........... 28,393 80,292 14,093 (122,778) 7.... (31,206) (31,206)................... (1,931) (15,252) (5,349) (22,532) 26........... (21,356) (86,391) (44,539) (616) (152,902) 26..... 454 (19) 435........... 620,085 1,037,682 265,000 920 66,156 1,989,843................... 922,270 2,126,348 718,719 6,221 66,156 3,839,714............... (302,185) (1,086,541) (453,700) (5,301) (1,847,727)........... (2,125) (19) (2,144)............... 620,085 1,037,682 265,000 920 66,156 1,989,843 (a)............. 212,774 223,890 236,014 118,056 113,429... 23,682 25,475 27,471 14,008 16,435............. 44,250 47,233 41,287 21,635 23,038 280,706 296,598 304,772 153,699 152,902 I-32