2005 2005 1

LUOYANG BEARING SCIENCE TECHNOLOGY CO.,LTD. 2005

2005 2005 1

2005 2.4.4.5.7.7.10.11. 11 2

2005 1 LUOYANG BEARING SCIENCE TECHNOLOGY CO.,LTD. BEARING-SCITECH 2 002046 3 6 471039 http: www.zys.com.cn stock@zys.com.cn 4 5 002046 037964881139 037964880216 037964881139 037964881518 037964881518 037964881518 stock@zys.com.cn zykj@zys.com.cn stock@zys.com.cn 6 http://www.cninfo.com.cn 7 1 2001 12 9 20041214 3

2005 2 4100001005819 410311733861107 3 27 A12 % 241,286,683.53 99,353,365.46 143.02% 49,156,027.77 44,747,753.31 9.85% 315,210,131.37 169,766,580.53 85.67% 262,144,103.60 101,108,827.22 159.27 4.03 2.53 59.29% 4.03 2.53 59.29% 20051-6 2004 1-6 % 13,195,362.41 10,929,986.64 20.73% 13,361,449.51 10,062,712.88 32.78% 4,731,656.32 619,432.09 663.87% 5.03% 12.03% 7 0.20 0.27-25.93% 44,653.14 243,000.00-32,259.76-166,087.10 % / 25,958,147.63 9.90% 19.61% 0.40 0.59 13,393,709.27 5.11% 10.12% 0.21 0.30 13,195,362.41 5.03% 9.96% 0.20 0.30 13,361,449.51 5.10% 10.10% 0.21 0.30 + 4

2005 1. 40,000,000 40,000,000 28,350,000 28,350,000 11,650,000 11,650,000 2. 3. 4. 40,000,000 40,000,000 1. 25,000,000 25,000,000 25,000,000 2. 3. 4. 25,000,000 25,000,000 25,000,000 40,000,000 25,000,000 25,000,000 65,000,000 [2005]14 2005427 511 1.00 2500 6.39 6500 2004 6 30 1 9,650 % 27,200,000 41.85 6,450,000 9.92 2,400,000 3.69 + 1,171,173 1.95 + 881,501 1.47 650,000 1.00 650,000 1.00 650,000 1.00 500,000 0.77 500,000 0.77 500,000 0.77 500,000 0.77 ABH 1,171,173 A 881,501 A 445,952 A 5

2005 407,000 A 372,660 A 270,363 A 117,000 A 100,032 A 90,000 A 80,300 A 407,000 0.63% 270,363 0.42% 677,369 1.05% 2 3 19586 3743 4 ( ) 6

2005 19971 20.5 1 1 2 3 1 % 78,431,248.21 67,560,183.39 16.09% 25,958,147.63 19,145,750.50 35.58% 13,195,362.41 10,929,986.64 20.73% 4,731,656.32 619,432.09 663.87% 1 16.09%,, 32%,. (2) 35.58%,,. 20051-6 32%,. 3 20.73%,, 7

2005 56%, 11 4 664 2 % 241,286,683.53 99,353,365.46 142.86% 49,156,027.77 44,747,753.31 9.85% 315,210,131.37 169,766,580.53 85.67% 262,144103.60 101,108,827.22 159.27% 1 142.86% 2 9.85% 3 85.67% 4 159.27% 1 2 1 32% 2 1 % % 8

2005 % % 69,383,483.21 47,455,669.45 31.60% 18.03% 8.56% 5.97 9,047,765.00 4,418,661.16 51.16% 3.84% 3.14% 0.03 3,622,525.00 1,851,834.78 48.88% 7566.72% 7439.88% 0.86 2 % % % % 49,241,240.55 32,011,730.48 34.99% 32.39% 21.81% 5.65 6,970,532.74 4,498,781.83 35.46% 9.02% 16.63% 4.21 9,126,021.41 8,172,352.17 10.45% -23.93% -25.72% 2.15 4,045,688.51 2,772,804.97 31.46% 26.49% 7.65% 12 9,047,765.00 4,418,661.16 51.16% 3.08% 3.14% 0.03 78,431,248.21 51,874,330.61 33.86% 16.09% 8.07% 0.86 3,622,525.00 1,851,834.78 48.88% 7566.72% 7439.88% 5.65 3 % 12,160,618.54 65.26% 23,280,276.56-4.35% 24,697,811.52 11.71% 2,802,182.24 22.67% 9,061,747.56 40.98% 6,428,611.79 27.51% 3 4 5 10% 10% 6 60% 1 22,820,071.12 1 61,524.206 92.286 9

2005 189 12.6 / 11,628,074.93 2053 2 25 2004 12 31 11,074,320.00 ;2 8,454,777.12 ;(3) 3,290,974.00. 200412 11,074,320.00 807,946.12, 10,937,805.00. 2 1 646,317.39 2 423,461.8 3 200412 2000 2004129 2006128, 5.76% 2005 4 16 2005 5 22 2005 6 24 2000 4 1 147,839,913.97 10,937,805.00 22,820,071.12 132,000,000 10,937,805.00 22,820,071.12 17.28% 0 2,006.12 15,610,000 0 0 0 0 2008.6 147,610,000 10,937,805.00 22,820,071.12 15.46% 0 10

2005 2000,,. 2 3 4200576 2005 5 22 2004 2005 2000 2004 12 2005 6 27 22820071.12 2000 2005 6 27 2000 2000 1 2 11

2005 3 1 1 - - 1 - - 1 - - 1 - - 1 - - 1 - - 1 - - 1 - - 1 - - 1 2005 1-6 2004 1-6 - - - - - - - - 225,000.00 100% 225,000.00 100% 3,622,525.00 40.03% 47,250.00 0.54% 210,597.59 100% 210,597.59 100% 1 2002 300,000 150,000 1-6 225,000 2 2002 10 297,414.00 10 123,781.18 1-6 12

2005 210,597.59 32005 1-6 7, 4,782,525,1-6 3,622,525 (4) 2004 1-6, 47,250.00 2 3 1 2 3 5% 5% [2003]56 [2003]56 2005 1~6. 2005 630 13

2005 2004-12-31 2005-06-30 1 31,637,685.61 154,012,614.55 - - 2 2,307,000.00 2,504,364.60 - - - - 3 15,343,748.48 24,644,461.05 4 1,644,172.53 4,195,451.95 5 6,011,853.09 12,836,660.63 - - 6 42,408,905.75 42,648,009.39 7-606,246.33 - - - - 99,353,365.46 241,447,808.50 : - - - - - - 8 61,195,272.63 64,099,626.43 8 32,722,433.53 35,007,547.14 28,472,839.10 29,092,079.29 - - 28,472,839.10 29,092,079.29 - - 9 21,298,847.15 24,498,866.76 - - 49,771,686.25 53,590,946.05 10 18,996,520.30 18,800,536.30 11 1,645,008.52 1,370,840.52 - - 20,641,528.82 20,171,376.82 - - 169,766,580.53 315,210,131.37 : : : 14

2005 () 2004-12-31 2005-06-30 12-13 577,980.38 813,615.97 14 11,005,606.74 8,735,918.47 15 19,976,892.50 20,459,471.81 - - 6,833,249.66 7,681,296.92 - - 16 1,022,888.59 1,131,142.17 17 28,945.54 47,287.85 18 5,302,189.90 8,790,035.72-1,497,258.86 - - - - - - 44,747,753.31 49,156,027.77 19 20,000,000.00 - - - - - 20 3,910,000.00 3,910,000.00 23,910,000.00 3,910,000.00 : - - 68,657,753.31 53,066,027.77 21 40,000,000.00 65,000,000.00 22 3,439,704.92 126,279,618.89 23 11,024,668.14 13,663,740.62 : 5,512,334.07 6,831,870.31 24 46,644,454.16 57,200,744.09 - - 101,108,827.22 262,144,103.60 169,766,580.53 315,210,131.37 : : : 15

2005 2004 1-6 2005 1-6 25 67,560,183.39 78,431,248.21 26 47,999,750.56 51,874,330.61 27 414,682.33 598,769.97 19,145,750.50 25,958,147.63 28 3,356.66 20,728.63 2,065,580.83 2,297,548.52 6,737,591.21 10,478,619.96 29-538,637.82-191,001.49 10,884,572.94 13,393,709.27 - - 30 45,413.70 44,653.14 31 243,000.00 10,929,986.64 13,195,362.41 - - 10,929,986.64 13,195,362.41 : : : 16

2005 2004 1-6 2005 1-6 10,929,986.64 13,195,362.41 29,705,949.95 46,644,454.16 40,635,936.59 59,839,816.57 : 243 1,319,536.24 24 1,319,536.24 40,635,936.59 57,200,744.09 : 40,635,936.59 57,200,744.09 1 - - 2 - - 3 - - 4 - - 5 - - 6 - - : : : 17

2005 2004 1-6 0.21 0.22 0.48 0.48 0.12 0.13 0.27 0.27 0.12 0.13 0.27 0.27 0.11 0.12 0.25 0.25 2005 1-6 0.10 0.20 0.40 0.59 0.05 0.10 0.21 0.30 0.05 0.10 0.20 0.30 0.05 0.10 0.21 0.30 1 = 2 = 3 = P E0+NP2+EiMiM0-EjMjM0 P NP E0 Ei Ej M0 Mi Mj 4 = P S0+S1+SiMiM0-SjMjM0 P S0 S1 Si Sj M0 Mi Mj 5. 2004 1-6 2005 1-6 - - - 2004 1-6 2005 1-6 10,929,986.64 13,195,362.41 45,413.70 44,653.14 243,000.00 -- 690,000.00 131,860.06 32259.76 867,273.76-166087.10-867,273.76-166087.10 10,062,712.88 13,361,449.51 18

2005 2004 1-6 2005 1-6 58,311,864.62 59,171,426.72 33 932,300.39 79,132.12 59,244,165.01 59,250,558.84 40,620,892.01 32,298,205.22 10,143,047.18 10,858,143.61 4,065,201.57 5,637,800.94 34 3,795,592.13 5,724,752.75 58,624,732.92 54,518,902.52 619,432.09 4,731,656.32 - - - - - - - 22,900.00 - - - 22,900.00 8,806,623.88 11,069,541.35 - - 8,806,623.88 11,069,541.35-8,806,623.88-11,046,641.35 - - 147,839,913.97 20,000,000.00-2,690,000.00 20,000,000.00 150,529,913.97 10,000,000.00 20,000,000.00 279,927.14 -- 1,840,000.00 10,279,927.14 21,840,000.00 9,720,072.86 128,689,913.97 1,532,881.07 122,374,928.94 19

2005 2004 1-6 2005 1-6 1 10,929,986.64 13,195,362.41 615,478.99 1,386,918.20 1,793,489.95 2,685,878.75 125,822.00 296,984.00 274,168.00 274,168.00-598,977.09-606,246.33 435,597.59 1,497,258.86-45,413.70-12,853.14 279,927.14-1,129,695.57-239,103.64-10,981,838.12-15,749,043.59-1,079,113.74 2,050,492.95-48,160.15 619,432.09 4,731,656.32 2 3 32,945,445.73 154,012,614.55 31,412,564.66 31,637,685.61 1,532,881.07 122,374,928.94 : : : 20

2005 2004.1.1 2004.12.31 3,891,883.77 245,692.01 84,033.03-4,053,542.75 3,613,713.18 245,692.01-3,859,405.19 278,170.59-84,033.03-194,137.56 - - - - - - - - - - - - - - - 864,604.13 - - - 864,604.13 103,077.70 - - - 103,077.70 761,526.43 - - - 761,526.43 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2005.01.01 2005.06.30 4,053,542.75 1,419,177.96 5,472,720.71 3,859,405.19 1,256,334.55 5,115,739.74 194,137.56 162,843.41 356,980.97 - - - 864,604.13-32,259.76 832,344.37 103,077.70-10,550.11 92,527.59 761,526.43-21,709.65 739,816.78 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - : : : 21

2005 2004 2005 1-6 40,000,000.00 40,000,000.00-25,000,000.00 - - 40,000,000.00 65,000,000.00 3,439,704.92 3,439,704.92-122,839,913.97 - - - - 3,439,704.92 126,279,618.89 3,395,021.05 5,512,334.07 2,117,313.02 1,319,536.24 2,117,313.02 1,319,536.24 2,117,313.02 1,319,536.24 - - 5,512,334.07 6,831,870.31 5,512,334.07 6,831,870.31 3,395,021.05 5,512,334.07 2,117,313.02 1,319,536.24 2,117,313.02 1,319,536.24-5,512,334.07 6,831,870.31 29,705,949.95 46,644,454.16 21,173,130.25 13,195,362.41 4,234,626.04 2,639,072.48 46,644,454.16 57,200,744.09 : : : 22

2005 20011142 2001 12 9 6 4000 2001 12 25 2004 4 8 2003 [2005]14 25,000,000.00 A 2005 5 18 2500 A 6.39 [2005]15 25,000,000 122,839,913.97 2005 5 26 2001 12 2 200134 4100733861107 1. 2002 1 1 23

2005 2. 1 1 12 31 3. 4., 5. ( ),, 6. [1995]11 7. 8.,, 9. 1 ; 24

2005 % 1 5 1 2 15 2 3 40 3 4 60 4 5 80 5 100 10.,, a b c d e.6 11. 12. (1) / (2) 3 25

2005 10 200310 -- 4 13. (1) :, (2) :,, 14. (1) 2,000 (2) 2001613 (3) ( 3%5 %) 26

2005 () 35 271 % 814 6791188 68 118816.17 414 6.7924.25 (4).7 15., 1 3 2 3.8 16. 1 2 A. B C D 27

2005 17. 3 18. 5 5 5 19. (1) (2) 20. (1) (2) (3) 21. 28

2005 1 A. B. 2 A B 24 22. 23 1 29

2005 2 3 24 4 25. 26 1 2 10% 3 10% 4 5 27. A B C 17% *1 5% *2 7% 3% 33% *3 *1. 17 30

2005 [1997]8 [2002]7 [2003]222 2004 4% *2.2005 1 1 [2004]825 2005 1-6 6761000 338050 *3. 200236 50% 20042 2004 1 9 20041 2001 2005 2004 2005 1-6 1. 2004-12-31 2005-06-30 12,818.55 15,185.57 31,624,867.06 153,997,428.98 10,821.31 48,828.69 8.2765 8.2765 89,562.60 404,130.65 - - 31,637,685.61 154,012,614.55 2. 2004-12-31 2005-06-30 27,000.00-2,280,000.00 2,504,364.60 2,307,000.00 2,504,364.60 2005 6 30 3. 31

2005 2004-12-31 (%) (%) 1 13,760,228.25 71.66 5 688,011.41 1 2 1,551,342.31 8.08 15 232,701.35 2 3 808,928.71 4.21 40 323,571.48 3 4 800,574.19 4.16 60 480,344.51 4 5 736,518.87 3.84 80 589,215.10 5 1,545,561.34 8.05 100 1,545,561.34 19,203,153.67 100.00 3,859,405.19 2005-06-30 (%) (%) 1 21,991,788.76 73.90 5 1,099,589.44 1 2 2,445,300.40 8.22 15 366,795.06 2 3 2,098,923.57 7.05 40 839,569.43 3 4 622,112.38 2.09 60 373,267.43 4 5 827,786.49 2.78 80 662,229.19 5 1,774,289.19 5.96 100 1,774,289.19 29,760,200.79 100.00 5,115,739.74 2005 6 30 : 1,389,183.53 1 1,252,613.02 1 1,088,539.90 1 990,000.00 1 33 827,800.00 1 5,548,136.45 18.64% 2005 6 30 5% 2005 6 30 4. 1 2004-12-31 (%) (%) 1 915,779.00 49.82 5 45,788.95 1 2 884,735.29 48.12 15 132,710.29 32

2005 2 3 35,595.80 1.94 40 14,238.32 3 4 2,000.00 0.11 60 1,200.00 4 5 - - 80 0.00 5 200.00 0.01 100 200.00 1,838,310.09 100.00 194,137.56 2005-06-30 (%) (%) 1 3,459,141.83 75.98 5 172,957.09 1 2 1,046,453.29 22.99 15 156,968.00 2 3 6,556.00 0.14 40 2,622.40 3 4 39,159.80 0.86 60 23,495.88 4 5 922.00 0.02 80 737.60 5 200.00 0.00 100 200.00 4,552,432.92 100.00 356,980.97 2005 6 30 2,635,000.00 2 600,000.00 1-3 296,897.68 1 106,700.00 1 100,000.00 1 3,738,597.68 82.12% 2005 6 30 5% (2) 2004-12-31 2005-06-30 *1 645,000.00 2,635,000.00 246,230.00 54,379.00 *2 600,000.00 600,000.00 402,505.18 347,080.09 860,548.74 1,838,310.09 4,552,432.92 *1 *2 5. 33

2005 2004-12-31 2005-06-30 (%) (%) 1 3,344,021.12 55.62 9,863,876.10 76.84 1 2 2,667,831.97 44.38 2,972,784.53 23.16 6,011,853.09 100.00 12,836,660.63 100.00 2005 6 30 2004 194.97% 1-2 2005 6 30 2005 06 30 3,453,628.78 1 1,520,000.00 1-2 1,000,000.00 1 928,515.00 1 636,815.97 1 7,538,959.75 58.73% 2005 6 30 5% 6 6. 2004-12-31 2005-6-30-12,644.95-106,040.05-487,561.33-606,246.33 7. 2004-12-31 2005-06-30 11,110,363.91 10,107,268.63 9,075,290.71 11,981,758.95 262,544.54 260,361.56 29,730,069.23 28,382,352.81-6,904,758.51-7,251,388.19 43,273,509.88 43,480,353.76 103,077.70 92,527.59 761,526.43 739,816.78 864,604.13 832,344.37 34

2005 42,408,905.75 42,648,009.39 2005 1-6 9,762,560.73 2005 1-6 27.04% 92,527.59 739,816.78 8. 2005-1-1 2005-06-30 19,866,370.66 19,866,370.66 *1 29,274,632.22 2,835,040.00 125562.00 31,984,110.22 1,723,586.00 372,562.00 2,096,148.00 10,330,683.75 110,913.80 288,600.00 10,172,997.55 61,195,272.63 3,318,515.80 414,162.00 64,099,626.43 8,207,765.06 1,457,545.11-9,665,310.17 17,008,236.54 743,441.08 121,795.00 17,629,882.62 558,026.16 105,779.83-663,805.99 6,948,405.77 379,112.73 278,970.14 7,048,548.36 32,722,433.53 2,685,878.75 400,765.14 35,007,547.14 28,472,839.10 29,092,079.29 - - - - 28,472,839.10 29,092,079.29 2005 6 30 17,578,208.48 11,445,672.48 476,710.00 5,655,826.00 9 29,000,000.00 160,000,000.00 189,000,000.00 20,158,960.63 331,940.40 807,946.12 21,298,847.15 191,975.21 191,975.21 35

2005 * 459,217.39 2,740,802.22 3,200,019.61-592,000.00 592,000.00- - - - - 20,618,178.02 331,940.40 3,548,748.34 24,498,866.76 2003 5.58% 2003 10 11 2000 2004 2004 2005 6 30 2004 12 31 18.82%. 2005 1-6 5.76% 592,000.00 2005 6 30 10. 2005-01-01 2005-06-30 A*1 6,345,600.00 6,083,281.95 0-99,930.00 362,248.05 5,983,351.95 B*2 1,821,042.59 1,757,261.35 0-18,588.00 82,369.24 1,738,673.35 C*3 1,174,320.00 11,074,320.00 0 119,672.00 119,672.00 10,954,648.00 *4 23,180.00 9,657.00 0-6,954.00 20,477.00 2,703.00 *5 172,800.00 72,000.00 0-51,840.00 152 640.00 20,160.00 *6 55,000.00 0.00 55,000.00 0 0 55,000.00 *7 46,000.00 0.00 46,000.00 0 0 46,000.00 19,537,942.59 18,996,520.30 101,000.00-296,984.00 737,406.29 18,800,536.30 *1 2002 8 13 7,932,029.85 2002 10 7 2045 7 24 2002 9 30, 634.56 2003 10 31 2003 03-50070 *2 2003 3 19 1,821,042.59 2003 3 29 2053 2 25 2003 4 1 2003 12 11 2003 03-50081 *3 2004 7 23 36

2005 61,524.206 92.286 189 12.6 / 11,628,074.93 2053 2 25 2004 12 31 11,074,320.00 *4 2003 4 CAD 23,180.00 3 *5 2003 4 AutoCAD Mechanical 6 172,800.00 3 *6 2005 1 55000 3 *7 2005 4 CAD 46000 3.16 2005 6 30 11. 2005-1-1 *1 1,250,000.00 720,000.00 - - *2 1,562,370.02 925,008.52 - - 2,812,370.02 1,645,008.52 - - 2005-06-30 120,000.00 650,000.00 600,000.00 2 6 154,168.00 791,529.50 770,840.52 2 5 274,168.00 1,441,529.50 1,370,840.52 *12002 2003 1,250,000.00 5 *2 20022003 5 12. 2005 6 30 13. 2004-12-31 2005-06-30 577,980.38 813,615.97 577,980.38 813,615.97 2005 6 30 5% 14. 37

2005 2004-12-31 2005-06-30 % % 1 9,372,472.99 85.16 7,075,238.06 80.99 1 2 942,467.49 8.56 591,535.10 6.77 2 3 371,399.47 3.37 647,147.83 7.41 3 4 210,384.61 1.92 290,015.36 3.32 4 5 70,593.58 0.64 83,285.02 0.95 5 38,288.60 0.35 48,697.10 0.56 11,005,606.74 100.00 8,735,918.47 100 2005 6 30 928,515.00 1 905,223.99 1 581,001.66 1 1-2 412,770.00 1 1-2 412,393.00 1 3,239,903.65 37.09% 2005 6 30 5% 6 2005 6 30 3 15. 2004-12-31 2005-06-30 (%) 1 15,300,958.81 76.58 17,305,127.74 84.58 1 2 3,740,738.72 18.73 1,903,108.69 9.30 2 3 354,772.59 1.78 544,664.90 2.66 3 4 147,374.75 0.74 124,056.68 0.61 4 5 105,729.57 0.53 226,712.65 1.11 5 327,318.06 1.64 355,801.15 1.74 19,976,892.50 100.00 20,459,471.81 100 (%) 2005 6 30 38

2005 13,476,500.00 1 1-2 963,600.00 1 1-2 680,710.00 1 646,000.00 1 502 600,000.00 1 16,366,810.00 80.00% 2005 6 30 5% 6 2005 06 30 1 16. 2004-12-31 2005-06-30 855,829.13 1,088,444.48 100,000.00 5,140.50 67,539.46 110,333.48 - -73,256.29-480.00 480 1,022,888.59 1,131,142.17 17 2004-12-31 2005-06-30 28,945.54 47,287.85 28,945.54 47,287.85 18 (1) 2004-12-31 2005-06-30 % % 1 2,777,692.95 52.39 6,453,743.11 84.02 1 2 1,380,976.70 26.05 719,953.91 9.37 2 3 1,143,520.25 21.56 693,138.70 9.01 5,302,189.90 100.00 7,866,835.72 100.00 2005 6 30 196,313.10 1-2 39

2005 600,000.00 1-3 2,690,000.00 1 3,486,313.10 44.32% *1 2005 06 30 5% 6 2 2004-12-31 2005-06-30 *1 1,124,914.99 *2 600,000.00 600,000.00 *3 1,877,284.15 2,725,487.95 375,052.41 501,885.12 344,901.50 413,899.14 13,960.00 *4-2,690,000.00 124,420.00 966,076.85 1,734,343.51 5,302,189.90 8,790,035.72 *1 25 2001 4-12 1,721,014.65 2002 1 1 *2 4 *3 [1998]129 15%-20% 5-10% 2005 1-6 20% *4 19 2004-12-31 2005-06-30-435,597.59-695,798.83-365,862.44-1,497,258.86 40

2005 20. 2004-12-31 2005-06-30 20,000,000.00-20,000,000.00-2004 12 31 2004 12 9 2006 12 8, 5.76% 2005 4 16 2005 5 22 2005 6 24 21. 2004-12-31 2005-06-30 240,000.00 240,000.00 70,000.00 70,000.00 *1 3,600,000.00 3,600,000.00 3,910,000.00 3,910,000.00, *12003 3 6 2003 [2003]205 2003 3,600,000.00 200218 < > 22. 2004-12-31 2005-06-30 40,000,000.00 65,000,000.00 2005 6 30 % 27,200,000.00 41.85 650,000.00 1.00 500,000.00 0.77 6,450,000.00 9.92 41

2005 2,400,000.00 3.69 650,000.00 1.00 650,000.00 1.00 500,000.00 0.77 500,000.00 0.77 500,000.00 0.77 25,000,000.00 38.46 65,000,000.00 100.00 4000 2001 037-1 2500 [2005] 15 23 2004-12-31 2005-06-30 * 3,438,704.92 122,839,913.97-126,278,618.89 1,000.00 - - 1,000.00 3,439,704.92 122,839,913.97-126,279,618.89 * 43,438,704.92 40,000,000.00 3,438,704.92 122,839,913.97,, [2005]15 24. 2004-12-31 2005-06-30 5,512,334.07 1,319,536.24-6,831,870.31 5,512,334.07 1,319,536.24-6,831,870.31 - - - - 11,024,668.14 2,639,072.48-13,663,740.62 25. 42

2005 2004 2005 1-6 29,705,949.95* 46,644,454.16 21,173,130.25 13,195,362.41 50,879,080.20 59,839,816.57 : 1. 10% 2,117,313.02 1,319,536.24 *. 2004 2003 12 31 29,705,949.95 2004 1 1 2. 10% 2,117,313.02 1,319,536.24 3 4 5. 46,644,454.16 57,200,744.09 26. 2004 1-6 2005 1-6 58,783,101.79 69,383,483.21 8,777,081.60 9,047,765.00 67,560,183.39 78,431,248.21 37,193,449.28 49,241,240.55 6,393,886.20 6,970,532.74 11,997,463.21 9,126,021.41 3,198,303.10 4,045,688.51 7,540,600.00 8,366,000.00 760,000.00-476,481.60 681,765.00 67,560,183.39 78,431,248.21 43

2005 3,160,109.59 2,658,521.91 7,358,483.66 12,160,618.54 24,339,049.90 23,280,276.56 6,427,752.65 9,061,747.56 2,284,347.02 2,802,182.24 22,108,748.08 24,697,811.52 1,881,692.49 3,770,089.88 67,560,183.39 78,431,248.21 2005 1-2 16816073.11 21.44% 2005 1-2 16.09% 27. 2004 1-6 2005 1-6 43,715,666.99 47,455,669.45 4,284,083.57 4,418,661.16 47,999,750.56 51,874,330.61 26,280,891.26 32,011,730.48 3,857,431.54 4,498,781.83 11,001,673.76 8,172,352.17 2,575,670.42 2,772,804.97 3,919,603.57 4,277,535.80 265,848.00 98,632.00 141,125.36 47,999,750.56 51,874,330.61 2,211,257.86 1,743,759.31 4,943,096.31 9,002,537.26 18,217,426.81 15,822,602.88 4,417,467.79 5,291,247.32 1,536,352.98 1,827,829.90 15,262,209.65 15,577,324.32 44

2005 1,411,939.16 2,609,029.62 47,999,750.56 51,874,330.61 2005 1-2 2004 8.07% 28. 2004 1-6 2005 1-6 41,457.83 30,838.32 281,312.88 397,550.73 91,911.62 170,380.92 414,682.33 598,769.97 29. 2004 1-6 2005 1-6 751.11 13,860.24 2,605.55 6,868.39 3,356.66 20,728.63 30. 2004 1-6 2005 1-6 282,667.64-818,564.96 *1 195,873.63 406.55 5,876.56-3,147.05-1,004.42-538,637.82-191,001.49 *1 [2003]8 2003 3 2004 6 550,000.00 [2004]2 2004 1 2004 6 3 140,000.00 2004 11 8 280,000.00 31. 2004 1-6 2005 1-6 45,413.70 12,853.14 - - 45

2005-31,800.00 45,413.70 44,653.14 32. 2004 1-6 2005 1-6 - - - - - - - 243,000.00-243,000.00 33. 2004 1-6 2005 1-6 818,564.96 42,332.12 86,718.00 27,017.43 36,800.00 932,300.39 79,132.12 34. 2004 1-6 2005 1-6 165,967.74 382,993.36 194,874.80 229,905.70 225,591.13 223,697.69 446,339.85 364,548.00 208,297.89 166,084.91-73,908.02 144,428.50 110,875.00-78,891.32-100,000.00-75,232.07-156,278.00 371,905.78 439,456.90 423,895.16 553,920.00 383,149.80 1,269,870.28 1,231,141.48 1,499,091.50 3,795,592.13 5,724,752.75 46

2005 1 * * 2 2005-1-1 2005-06-30 27,437,226.27 - - 27,437,226.27 3 2005-1-1 2005-06-30 % % % % 27,200,000.00 68.00 - - - - 27,200,000.00 41.85 4 5 A 47

2005 B 20042005 1-6 C 2004 525,000.00 D 20042005 1-6 E 2005 1-6 7, 4,782,525,1-6 3,622,525 2004 1-6, 47,250.00 2004 1-6 2005 1-6 * 47250.00 3,622,525.00 47250.00 3,622,525.00 F 2002 7654 10, 297,414.00 2002, 21986 10 5.63/ 123,781.18 2004 1-6 2005 1-6 148707.00 148,707.00 61890.59 61,890.59 G 2002, 2004 1-6 2005 1-6 150,000.00 150,000.00 - - 75000.00 75,000.00 48

2005 225,000.00 225,000.00 H 12 2004 2005 1-6 945,000.00 449,802.00 I 6 2004-12-31 2005-06-30 % % - - 10,800,000.00 54.06 11,960,000.00 58.46-332,743.43 3.02 245,818.53 2.81 - - - 1,355,421.53 25.56 352,313.10 4.48 2005 6 30 2005 6 30 2005 6 30 2005 6 30 2005 6 30 49

2005 2004 1-6 2005 1-6 0.12 0.05 % 41.95 16.84 1.77 4.91 1.19 4.04 / 2.63 2.92 / 1.39 1.20 0.02 0.12 2.27 4.03 50