8 A-1 A-1 A-1 8 365 2002 2003 2004 1506.67 2014.42 3004.72 EBIT 134.49 183.79 267.23 EBITDA 248.93 277.34 412.81 1476.7 3017.6 4191.64 958.6 2589.62 2881.90 3094.23 5552.81 7195.79 (%) 20.07 17.97 18.12 EBIT (%) 8.93 9.12 8.89 EBIT (x) 4.45 3.16 2.63 / (%) 47.72 54.34 58.25 2002-2004 0086-021-53061122 0086-021-63848585 www.fareast-cr.com E-mail: fareast@fareast-cr.com

1958 1996 15 40 2005 500 357 4 30 100 75.04 30.04 () 60 150 2004 30.05 3.6 17 2003 7 80% 20%

1 GDP 1 1 GDP 120012004 3,000 2,500 2,000 1,500 1,000 500 0 2874 2477 2054 1990 1647 1193 1448 1640 2001 2002 2003 2004 Wind 2004 4950 2003 15.1% 5439 2003 13.2% 2003 2004 2 1 /GDP

220032004 6000 5000 4000 3000 2000 1000 0 5439 4806 4950 4300 2003 2004 2007 2010 2015 6000 7000 9000 3 2015 9000 3300 330 2004 42 320072015 2003 2007 2010 2015 4806 6000 7000 9000 241 300 380 450 1271 1400 1700 2300 227 300 350 480 30 80 160 240 328 450 550 700 /645 850 950 1200 / 796 1050 1250 1600 802 1000 1200 1500

GDP 2003 GDP 1000 42004 5000 4000 3000 2000 1000 970 2305 1180 4455 25% 20% 15% 10% 5% 0 0% 4 2004 732 21.39% 75.46% 1230 31.13% 2004 40% 96.87 17.66% 2004 22%52%26% 5 10% 60%

52004 22% 52% 26% 2000 5.7 150 2004 2010 2

2 40% 4 17

+ ERP 8614 2258 586 5770 26.2% 6.8%67% 2002 5 3 40 13

15% 1 2 4

6 7 6 2001 2002 2003 2004 4.55% 3.69% 4.97% 8.78% 3.4% 3.2% 3.0% 3.18% 72004 750369 300472 16553 1585029 706461 84744 392185 262629 37369 266148 151221 961 218763 118906 3263

2004 1238 58.47% 3.2 9 107 2000 150 6.67 70 40% 80% ISO 586 40 APMP 2003

12 10.2 10 27 63 65% 8 8 2004 2005 2004 2004 %2005 343600 347778 101.22 387908 83000 76930 92.69 81565 63000 64880 102.98 100000 36200 28770 79.48 40000 10000 12220 122.20 11600 10000 10562 105.62 10800 545800 551139 100.98 631873 2004 78.64 30.04 55 150 2004 30.05 9 2001 70.04% 9 2002-2004 100 80 60 40 20 0 2002 2003 2004 35% 30% 25% 20% 15% 10% 5% 0% 200220032004

2004 6623 4752 761 1110 2004 10 86.19% 2003 78.95% 20032004 17.97%18.12% 10 2004 0.03% 10.98% 1.56% 1.23% 86.19% 2004 12 10.2 20 2004 78.64 20032002 28.43%118.36% 2004 3.82% 11

EBIT 2003 2004 3.16 2.63 EBITDA EBITDA 11 000488600308600163600103 3004.72 7064.61 2626.3 1512.21 1189.06 EBIT 267.23 1091.81 420.93 77.2 51.93 4499.54 7262.24 1050.5 1222.56 328.6 2881.90 5668.1 674.12 1058.53 200.22 EBITDA 412.81 1594.05 723.83 105.48 89.29 EBIT (%) 8.89% 15.45% 16.03% 5.11% 4.37% EBIT (x) 2.63 4.47 8.91 1.14 2.69 / (%) 58.25% 52.38% 31.64% 51.53% 16.50% 2004 12 122002-2004 2500 2000 1500 1000 500 0 2002 2003 2004 70% 60% 50% 40% 30% 20% 10% 0% / (%) 200220032004 2004 / 59.97%

52.18 13 2004 45 2003 2002 35.45%144.96% 13 2002 2003 2004 19.84 35.88 45.00 36.01 61.23 75.04 % 55.09 58.60 59.97 200220032004 2004 34.41% 2002-2004 14.39% 6.99%16.66% 14 2001 150 14 2004 2003 2002 (%) 42.12 34.74 47.52 (%) 120.01 123.99 97.99 (%) 81.38 72.44 74.32 200220032004 2004 1.151 1.61:1

15 2004 4.64 26.6% 15 2002-2004 / 2002 2003 2004 182,087.08 229,548.13 339,315.12 120.85% 113.95% 112.93% 16,381.8 3,547.71 46,374.42 17.24% 3.06% 26.60% 20022004 16 16 2002-2004 0.09% 49.71% 50.20% 20022004

8 4 4 2005-2007 11.28 2005-2007 17 8.34 172005-2007( ) 2005 2006 2007 4,195,499 5,852,629 7,538,389 3,620,870 5,051,034 6,505,907 574,629 801,595 1,032,482 2,600 2,800 3,000 598,380 450,000 80,000-595,780-447,200-77,000 3,096,130 3,200,000 3,000,000 2,548,624 2,981,107 3,348,317 547,506 218,893-348,317 526,355 573,287 607,164

1 2100% 3 2005 2007 42005 20 520041231

1 = EBIT = = = + + = / * 100% EBIT = EBIT / * 100% EBIT = EBIT / + EBITDA = EBIT + + / = / * 100%

2 A-1 + A-1 A-2 A-3 B C