2013/2014

2 3 5 18 19 20 22 24 25 42 43 56 www.nwd.com.hk

12 31 2013 2012 % 27,180.2 24,455.0 11.1 (1) 9,362.1 9,126.2 2.6 1,284.2 688.2 86.6 440.2 5,650.7 (92.2) 4,529.2 9,985.9 (54.6) 4,207.5 4,099.9 2.6 12 31 6 30 46,218.9 40,262.3 (2) 64,764.2 62,493.0 184,360.0 177,745.0 (3) 35.1% 35.2% (1) (2) (3) 2

(Leo Tolstoy) (André Kostolany) 40 One Step Forward 2013 The Austin EIGHT SOUTH LANE 3

2014 2 26 4

2014271 8,0204 4,020 52 1,050 201454.6% 45 2,92042 7503% 2013 20131996 4 2013 7 201242%58% 20133 2013 5

One Step Forward 2014100 117 2014140 2,72010% 8 2013 78 8 CThe Austin2013 10 26 99 The Austin EIGHT SOUTH LANE2013 12 Bohemian Urbanites 2014 1 2014 1 31 The Pavilia Hill D 2013 12 31 890 58%510 1,940 6

2013 7 12013 12 31 8 8 11 18 68 The Austin 8 EIGHT SOUTH LANE 81012 100% 56 21% 436 100% 194 100% 954 50% 576 100% 18 2,234 778,600 4,375,982 3,705,353 8,859,935 14,330,500 13,419,550 2,934,000 2,523,600 2,156,000 2,156,000 1,364,000 1,170,320 120,000 120,000 20,904,500 19,389,470 7

2013 4,070 16.7% 75% 67% 2013 2012 2013 2013 11 4.6% 20134.1%2011 2014 20147 5,4207% 8

K11 2013K11 1099% 110 2012 12 100% 2015 90% 2013 K116 28K11 K11 9

2013 2013 89%2,592 1989 60% 2014 2013 2009 20142,1102009 30% 20092014 90%2,230 87% 11 69512 31578 2013 11 30912 31162 2014 284 17 7,900 11 (Rosewood Hotel Group) 10

2012 2013 568,845 7.7% 20132013 86,013 19.8%2012 3.658,951 19.4% 130,550 17.3%2012 15.5 17.5%26.6% 80 70 2010 2013 201433 9,460 46.3% 2014 648,918 93 4% 10%51% 11

201426 490 23.7% 2012 6 2014 15% 9%9% 20% 3% 5% 20142013 13% 19% 2014 14% 13% 27% 9% 5% 99% 11% 2014 2014 834,0009% 2 13.8% 12 5 9,430 2014 12 8,000 2014 558390 12

2012 11 40% 2014 1 201412 31 456 201434% 2014Tricor Holdings LimitedTricor 44%Tricor 77% 2014 Hyva Holding B.V. 2014 21 2,5305% 3 4,99015% 3 4,550 64% 19% 15% 2% 50% 27% 23% 5 27 7 30 2014 55,000 13

12 3143 21 1,630,790 391,493,590 137,200 2009 9 12 31 (ASE) (SJC)2013 20132014 20,000 227 2014 2014CSL New World MobilityCSLNW 13% 45 600 25% 12 20 CSLNW 2014 2014 20134.1% 2011 2013 2014 14

11 2014 1.2% 1.1% 2011 6 2013 2013 11 2013 2.9% 20133%2013 3.5%2013 8 10 3.3% 2013 One Step Forward 15

2013The Austin EIGHT SOUTH LANE 2,239 The Austin 3,000 15 576 The Austin2014 (Professor Joseph Nye) (Le Corbusier) Timber HouserErnesto Bedmar Bohemian UrbanitesEIGHT SOUTH LANEFlorent Nédélec Architecture BARstudio EIGHT SOUTH LANE Bohemian Urbanites 16

2013 2014 2 26 17

2013 12 31 2013 2012 2 27,180.2 24,455.0 (15,841.7) (14,172.1) 11,338.5 10,282.9 205.6 17.7 1,284.2 688.2 (837.1) (648.4) (3,602.8) (3,264.7) 440.2 5,650.7 3 8,828.6 12,726.4 495.3 382.2 (987.6) (804.4) 8,336.3 12,304.2 1,758.6 2,251.3 10,094.9 14,555.5 4 (3,190.6) (2,215.5) 6,904.3 12,340.0 4,529.2 9,985.9 2,375.1 2,354.1 6,904.3 12,340.0 773.2 751.5 5 0.72 1.62 0.72 1.58 18

2013 12 31 2013 2012 6,904.3 12,340.0 89.2 (22.3) (18.5) (201.1) 651.6 22.5 (104.5) (126.7) (2.4) 77.8 (182.5) 275.7 (113.2) 30.9 (29.4) 758.9 1,722.0 819.5 2,008.5 7,723.8 14,348.5 5,011.5 11,358.8 2,712.3 2,989.7 7,723.8 14,348.5 19

12 31 12 31 6 30 75,711.7 71,691.2 17,361.5 15,322.9 2,197.1 2,206.8 7 16,381.0 16,541.4 8 4,898.1 4,139.3 63,044.4 60,069.7 3,795.2 4,395.3 40.6 39.9 595.2 275.9 39.5 61.4 26,516.0 27,620.1 983.7 814.2 1,613.3 2,872.0 213,177.3 206,050.1 51,273.8 45,888.3 18,541.0 16,023.4 635.9 573.5 583.5 583.5 9 21,804.6 21,245.9 0.6 0.8 81.3 19.3 75.2 168.5 46,143.7 40,091.4 139,139.6 124,594.6 10 2,405.4 1,544.4 141,545.0 126,139.0 354,722.3 332,189.1 20

12 31 12 31 6 30 11 6,443.4 6,311.6 136,298.3 130,925.5 1,893.5 773.2 143,514.9 139,130.6 40,845.1 38,614.4 184,360.0 177,745.0 12 85,972.8 79,229.9 9,074.8 8,387.2 843.8 928.6 819.0 751.6 96,710.4 89,297.3 13 38,792.2 32,895.1 12 19,010.7 17,890.9 12 9,702.9 9,291.9 6,146.1 5,068.9 73,651.9 65,146.8 170,362.3 154,444.1 354,722.3 332,189.1 67,893.1 60,992.2 281,070.4 267,042.3 21

2013 12 31 2013 12 31 7 1 6,311.6 42,422.5 74,777.6 15,618.9 139,130.6 38,614.4 177,745.0 4,529.2 4,529.2 2,375.1 6,904.3 (174.7) (174.7) (3.9) (178.6) (78.4) (78.4) (48.3) (126.7) (18.5) (18.5) (18.5) 77.8 77.8 77.8 (120.1) 279.6 159.5 116.2 275.7 19.7 19.7 11.2 30.9 496.9 496.9 262.0 758.9 (138.6) 620.9 482.3 337.2 819.5 4,390.6 620.9 5,011.5 2,712.3 7,723.8 (1,893.5) (1,893.5) (538.4) (2,431.9) 131.4 1,175.5 1,306.9 1,306.9 0.4 3.3 3.7 3.7 49.4 (49.4) 32.5 32.5 1.5 34.0 70.3 (70.3) 131.8 1,178.8 (1,773.8) (87.2) (550.4) (536.9) (1,087.3) (77.2) 17.8 (59.4) 14.8 (44.6) (17.4) (17.4) 40.5 23.1 (94.6) 17.8 (76.8) 55.3 (21.5) 131.8 1,178.8 (1,868.4) (69.4) (627.2) (481.6) (1,108.8) 12 31 6,443.4 43,601.3 77,299.8 16,170.4 143,514.9 40,845.1 184,360.0 22

2013 12 31 2012 12 31 2012 7 1 6,151.1 40,714.0 63,162.5 13,515.3 123,542.9 34,497.8 158,040.7 9,985.9 9,985.9 2,354.1 12,340.0 547.1 547.1 547.1 48.4 48.4 18.5 66.9 (1.5) (1.5) (0.9) (2.4) (182.5) (182.5) (182.5) (159.4) (159.4) 46.2 (113.2) (17.9) (17.9) (11.5) (29.4) 1,138.7 1,138.7 583.3 1,722.0 1,372.9 1,372.9 635.6 2,008.5 9,985.9 1,372.9 11,358.8 2,989.7 14,348.5 (1,723.7) (1,723.7) (505.6) (2,229.3) 5.1 44.3 49.4 49.4 101.8 1,084.1 1,185.9 1,185.9 68.6 68.6 2.3 70.9 11.4 (11.4) (27.8) 27.8 24.7 24.7 106.9 1,128.4 (1,740.1) 85.0 (419.8) (478.6) (898.4) 139.7 139.7 11.6 11.6 (29.0) (17.4) (22.3) (22.3) 152.6 130.3 (10.7) (10.7) 263.3 252.6 106.9 1,128.4 (1,750.8) 85.0 (430.5) (215.3) (645.8) 2012 12 31 6,258.0 41,842.4 71,397.6 14,973.2 134,471.2 37,272.2 171,743.4 23

2013 12 31 2013 2012 6,609.0 3,274.5 (8,129.8) (4,422.0) 7,541.8 3,244.1 6,021.0 2,096.6 39,585.3 27,344.7 276.4 294.6 45,882.7 29,735.9 45,882.7 29,735.9 24

1. 2013 12 31 34 166 30 2013 6 30 (a) 2014 6 30 1 7 10 11 12 13 10 11 12 192011 272011 282011 20 2009-2011 10 10 11 11 25

1. (a) 13 13 (b) 2014 7 1 7 9 9 9 14 10 12 27 2011 19 2011 32 36 39 21 9 9 7 39 2010 2012 2011 2013 26

2. 12 31 2013 2012 14,027.2 12,751.5 1,190.4 1,068.2 2,800.0 1,173.4 3,488.4 3,796.8 1,264.0 1,178.6 1,874.4 1,874.0 2,031.0 2,029.9 376.3 390.8 128.5 191.8 27,180.2 24,455.0 27

2. 2013 12 31 14,027.2 1,286.2 9,665.5 1,264.0 1,874.4 2,031.0 400.6 128.5 30,677.4 (95.8) (3,377.1) (24.3) (3,497.2) 14,027.2 1,190.4 6,288.4 1,264.0 1,874.4 2,031.0 376.3 128.5 27,180.2 4,965.7 804.0 446.7 636.4 276.0 377.6 8.3 88.8 7,603.5 (23.9) 77.9 17.4 690.4 (58.9) (6.7) (0.8) 588.8 1,284.2 384.4 55.8 440.2 8,828.6 495.3 8,336.3 174.2 479.9 281.1 738.1 (29.8) 129.1 (14.0) 1,758.6 10,094.9 (3,190.6) 6,904.3 (499.3) (987.6) 12 31 112,371.5 74,416.6 11,614.9 16,794.0 12,345.8 7,352.1 3,144.3 6,315.3 244,354.5 13,331.2 14,123.0 16,059.9 17,558.5 1,336.0 635.8 63,044.4 47,323.4 354,722.3 22,803.0 1,127.1 6,022.2 674.7 1,015.8 6,136.6 203.8 1,628.0 39,611.2 130,751.1 170,362.3 2013 12 31 a 5,853.2 3,319.7 83.2 8.5 1,491.2 699.2 73.8 510.1 12,038.9 36.9 56.8 66.2 373.9 245.6 146.7 26.8 16.0 968.9 35.9 11.5 47.4 28

2. 2012 12 31 12,751.5 1,184.0 7,141.1 1,178.6 1,874.0 2,029.9 414.7 191.8 26,765.6 (115.8) (2,170.9) (23.9) (2,310.6) 12,751.5 1,068.2 4,970.2 1,178.6 1,874.0 2,029.9 390.8 191.8 24,455.0 4,234.0 708.4 660.9 609.2 325.5 361.1 4.0 (28.2) 6,874.9 7.4 400.0 167.9 119.2 (32.2) 25.9 688.2 5,473.5 177.2 5,650.7 (487.4) 12,726.4 382.2 (804.4) 12,304.2 (18.1) 1,008.1 220.9 692.7 10.9 121.2 215.6 2,251.3 14,555.5 (2,215.5) 12,340.0 6 30 106,697.6 72,575.5 10,626.9 16,828.3 11,511.6 6,446.5 678.4 5,599.8 230,964.6 11,003.0 14,379.5 12,067.5 17,780.2 1,370.5 2,426.4 1,042.6 60,069.7 41,154.8 332,189.1 20,700.2 1,049.3 3,808.6 590.8 965.8 4,859.4 223.2 1,449.4 33,646.7 120,797.4 154,444.1 2012 12 31 a 4,654.0 1,455.9 71.9 3.8 658.0 115.5 69.9 7.9 7,036.9 30.1 11.3 65.8 345.6 205.6 188.4 22.1 8.8 877.7 0.2 0.2 29

2. 2013 12 31 a 12 31 11,387.2 67,859.2 15,483.9 72,963.5 309.1 2,242.7 27,180.2 143,065.4 2012 12 31 a 6 30 14,682.9 68,717.2 9,667.3 67,872.9 104.8 2,199.3 24,455.0 138,789.4 a 3. 12 31 2013 2012 594.3 135.5 194.9 56.1 (8.5) (1.6) (18.8) 285.8 (127.1) (8,696.8) (5,316.6) (968.9) (877.7) (47.4) (0.2) 30

4. 12 31 2013 2012 525.1 625.0 1,021.7 979.0 1,489.7 378.0 154.1 233.5 3,190.6 2,215.5 16.5% 201216.5% 9% 25% 20129% 25% 30% 60% 201230% 60% 658.6 2012421.3 31

5. 12 31 2013 2012 4,529.2 9,985.9 174.3 (1.4) 4,527.8 10,160.2 12 31 2013 2012 6,311.8 6,159.3 251.6 7.1 13.4 6,318.9 6,424.3 12 31 6. 2013 12 316,422.5 20122,758.7 302.6 2012105.3 7. 7 1 16,541.4 208.9 (369.3) 12 31 16,381.0 32

8. 7 1 2,111.2 614.9 387.1 31.4 492.6 502.1 4,139.3 18.8 18.8 693.4 60.6 63.7 817.7 (35.9) (35.9) (10.7) (1.9) (13.6) (15.6) (41.8) 12 31 2,823.4 675.5 404.2 29.5 479.0 486.5 4,898.1 9. 12 31 6 30 30 3,114.5 2,183.5 3160 548.3 316.6 60 1,755.2 1,547.0 5,418.0 4,047.1 33

10. 12 31 6 30 7.8 7.8 a 743.6 b 793.0 c 2,397.6 2,405.4 1,544.4 a. 2 25 13.8% 12 13.8% b. 2012 11 20 508.04 9 285.07 c. 12 20Upper Start Holdings LimitedUpper Start CSL New World Mobility LimitedCSLNW Telstra Holdings (Bermuda) No. 2 LimitedTelstra Bermuda Telstra Corporation LimitedTelstra Bermuda Upper Start CSLNW 2,425.0 18,866.5 Upper Start 572.3 4,452.5 2014 3 34

11. 12 31 6 30 1.00 10,000.0 10,000.0 10,000.0 10,000.0 1.00 6,311.6 6,311.6 6,151.1 6,151.1 a 131.4 131.4 147.1 147.1 0.4 0.4 13.4 13.4 6,443.4 6,443.4 6,311.6 6,311.6 a. 131,422,824 9.94462013 b. 2006 11 24 2012 3 13 2006 11 2410%366,388,464 2012 3 19107,300,0009.770 2012 11 169,400,000 11.996 12 31 95,261,4122013 12 311,878,110 379,000 35

12. 12 31 6 30 26,663.4 28,061.0 44,265.5 38,962.0 72.0 70.9 128.0 126.6 24,429.8 20,726.7 7,513.5 7,292.1 1,911.3 1,881.5 104,983.5 97,120.8 (19,010.7) (17,890.9) 85,972.8 79,229.9 5,374.2 4,419.3 2,531.7 3,091.7 5.0 5.0 1,792.0 1,775.9 9,702.9 9,291.9 19,010.7 17,890.9 28,713.6 27,182.8 114,686.4 106,412.7 13. 12 31 6 30 30 8,792.2 7,365.7 3160 1,232.5 1,202.3 60 1,399.2 1,162.8 11,423.9 9,730.8 36

14. (a) 5 27 1,250.01,582.3 2013 7 30 1,582.3 (1,574.0) 8.3 1,898.7 28.5 (28.5) (324.7) 1,574.0 (1,582.3) 28.5 (1,553.8) 8 12013 12 31 37.432.1 7 15.5 3.9 683.5 37

14. (b) 11 280.0354.4 354.4 198.0 552.4 14.7 5.8 45.9 28.9 4.5 (297.8) (198.0) (354.4) 4.5 (349.9) 11 272013 12 31 52.824.6 2013 7 185.3 12.5 38

15. 12 31 6 30 2,366.9 2,402.0 1,840.7 1,757.6 9.3 1,550.4 1,460.9 542.3 668.8 6,300.3 6,298.6 472.7 451.1 10.9 108.0 580.7 462.0 1,017.6 877.8 713.4 696.3 1,731.0 1,574.1 39

16. 12 31 6 30 1,883.7 1,595.3 7,170.4 5,141.0 64.7 101.7 1,803.3 1,784.1 10,922.1 8,622.1 16.7 20.4 40

17. 12 31 2013 2012 59.4 84.8 412.9 187.6 22.1 139.2 148.3 63.4 62.7 280.4 48.8 56.1 351.0 39.0 32.3 32.3 64.1 32.9 4.3 56.7 2013 7 1 2013 12 31 41

12 31 6 30 64,764.2 62,493.0 0659 9,277.8 9,911.3 0917 15,837.3 15,127.7 0825 (2,506.5) (2,300.2) 42,155.6 39,754.2 12 31 5,800.0 600.0 4,662.0 2013 12 31 1,000.01,282.1 12 3146,218.96 3040,262.3 64,764.26 3062,493.035.1%2013 6 30 0.1% 12 31103,072.22013 12 31 7,910.912 31 1 26,921.6 2 29,103.2 3 5 39,648.7 5 15,309.6 110,983.1 2013 12 31184,360.06 30177,745.0 42

13.20 13.22 12 31 2013 12 31 2013 6 30 17,406.0 16,893.2 7,180.5 5,141.0 3,054.6 2,788.0 27,641.1 24,822.2 (a) 6,010.06 305,487.0 0.875% 10%6 30 0.875% 10% (b) 13.2212 31 79,916.6 39,127.9 42,696.9 22,898.9 (28,062.1) (15,562.0) 94,551.4 46,464.8 (53,693.6) (25,791.0) 40,857.8 20,673.8 2013 12 31 2014 3 24 2014 6 30 0.12 2014 4 11 2014 5 23 43

2014 3 182014 3 24 2014 3 17 28 26 12 312013 12 31 1. 5 27 1,250.01,582.3 2013 7 30 2. 11 280.0354.4 3. 12 20Upper Start Holdings LimitedUpper Start CSL New World Mobility LimitedCSLNW Telstra Holdings (Bermuda) No. 2 Limited Telstra Bermuda Telstra Corporation LimitedTelstra Bermuda Upper Start CSLNW 2,425.0 18,866.5Upper Start 572.3 4,452.5 2014 3 12 31 12 31 14 A.6.4 A.6.4 A.6.410 4.8 44

2013 12 31 13.51B(1) 1. 2014 1 19 13 2012 12 10 2. 2013 9 27 12 314.8 45

12 31352 (A) 1.00 450,000 450,000 0.01 1,500,000 (1) 1,500,000 0.02 658,765 (2) 658,765 0.01 7,822 7,822 0.00 90,000 90,000 0.00 Dragon Fortune Limited 1.00 15,869 (3) 15,869 27.41 0.10 29,985,826 4,387,500 117,610,200 (4) 151,983,526 1.75 1,254,663 1,317,000 (1) 2,571,663 0.03 755,961 755,961 0.01 387,448 387,448 0.00 45,000 45,000 0.00 168,400 168,400 0.00 0.10 20,000 20,000 0.00 92,000 92,000 0.01 1.00 18,349,571 12,000,000 (4) 30,349,571 0.82 3,477,834 8,330,782 (1) 11,808,616 0.32 268,492 5,421,204 (5) 5,689,696 0.15 15,000 15,000 0.00 1.00 4,040,000 10,710,000 (6) 14,750,000 61.46 1.00 500 (7) 500 50.00 46

(A) (1) (2) 40.0% (3) 4,102 11,767 61.46% (4) (5) (6) 49.58% (7) (B) 12 31 (1) 7 1 7 1 12 31 2012 3 19 (1) 10,014,956 10,014,956 9.756 2012 3 19 (1) 3,505,234 3,505,234 9.756 2012 3 19 (1) 3,505,234 3,505,234 9.756 (2) 2012 3 19 (1) 500,747 (500,747) (2) 9.756 2012 3 19 (1) 500,747 500,747 9.756 2012 3 19 (1) 500,747 500,747 9.756 2012 3 19 (1) 500,747 500,747 9.756 2012 3 19 (1) 500,747 500,747 9.756 2012 3 19 (1) 500,747 500,747 9.756 2012 3 19 (1) 500,747 500,747 9.756 2012 3 19 (1) 3,004,486 3,004,486 9.756 2012 3 19 (1) 500,747 500,747 9.756 2012 3 19 (1) 3,004,486 3,004,486 9.756 (3) 2012 3 19 (1) 2,203,496 (3) 2,203,496 9.756 27,040,372 2,203,496 (500,747) 28,743,121 47

(B) (1) (1) 2012 3 192013 3 192014 3 192015 3 192016 3 18 (2) 2013 7 22 (3) 2013 7 1 (4) 10.0 7 1 7 1 (5) 12 31 2012 3 19 (1) 61,846,080 500,747 (3) (2,203,496) (4) (379,000) (551,206) 59,213,125 9.756 2012 11 16 (2) 8,632,070 (1,326,904) 7,305,166 11.979 70,478,150 500,747 (2,203,496) (379,000) (1,878,110) 66,518,291 (1) 2012 3 192013 3 192014 3 192015 3 192016 3 18 (2) 2012 11 162013 11 162014 11 162015 11 162016 11 15 (3) 2013 7 22 (4) 2013 7 1 (5) 11.355 (6) 10.0 48

(B) (2) 2002 11 26 2002 2002 2011 11 22 2011 2002 2002 12 3120022011 2002 7 1 7 1 12 31 2011 1 18 (1) 2,077,922 2,077,922 3.036 2011 1 18 (1) 831,169 (4) (498,702) (5) (332,467) 3.036 2011 1 18 (2) 935,066 935,066 3.036 2011 1 18 (1) 831,169 831,169 3.036 2011 1 18 (1) 311,688 311,688 3.036 2008 12 29 (3) 785,269 785,269 1.290 4,941,114 831,169 (498,702) (332,467) 4,941,114 (1) 2011 2 192012 2 192013 2 192014 2 192015 2 192016 2 18 (2) 2013 2 192014 2 192015 2 192016 2 18 (3) 2009 1 302010 1 302011 1 302012 1 302013 1 302014 1 29 (4) 2013 7 1 (5) 7 17 3.24 (6) 10.0 49

(B) (2) 2002 (1) 7 1 7 1 (2) 12 31 2008 7 312008 8 27 68,369 (26,052) (42,317) 3.148 2008 11 122008 12 9 140,933 (140,933) 1.447 2008 12 22008 12 29 59,070 (59,070) 1.290 2009 2 32009 3 2 165,850 (162,568) 3,282 1.703 2009 6 262009 7 23 3,130,605 (306,000) (116,301) 2,708,304 3.913 2009 11 192009 12 16 1,996,493 (1,309,584) (103,896) 583,013 2.953 2010 1 122010 2 2 2,749,325 (1,668,244) (77,381) 1,003,700 2.878 2010 5 182010 6 14 327,750 (124,681) 203,069 2.262 2010 5 312010 6 25 476,597 (248,000) 228,597 2.349 2010 11 102010 12 7 2,328,805 (303,049) 2,025,756 3.013 2011 1 182011 2 14 9,175,376 (831,169) (3) (1,110,702) 7,233,505 3.036 2011 5 32011 5 30 868,530 (409,393) (259,823) 199,314 2.753 2011 7 262011 8 22 1,447,662 (224,000) 1,223,662 2.705 22,935,365 (831,169) (6,092,276) (599,718) 15,412,202 50

(B) (2) 2011 (1) 7 1 (4) (2) 12 31 2012 5 32012 5 30 7,246,680 (1,523,960) (241,800) 5,480,920 2.450 2012 10 222012 11 16 722,000 (54,000) 668,000 3.370 2013 1 72013 2 1 5,378,700 (310,000) 5,068,700 3.880 2013 4 22013 4 29 2,156,000 (40,000) 2,116,000 3.350 2013 6 242013 6 25 1,390,000 (52,000) 1,338,000 2.762 2013 10 152013 10 17 1,900,000 1,900,000 4.010 16,893,380 1,900,000 (1,669,960) (551,800) 16,571,620 (1) 20.0% (2) 20022011 3.949 3.879 (3) 2013 7 1 (4) 10 15 3.96 (5) 10.0 4.01 1.53 1.19%5.0851.49% 1.89% 51

(B) (3) 2011 11 21 2011 2011 (4) 7 1 7 1 12 31 2007 11 27 (1) 1,000,000 (1,000,000) 8.66 2007 11 27 (1) 500,000 (500,000) 8.66 2007 11 27 (1) 250,000 (2) (250,000) 8.66 1,500,000 250,000 (1,750,000) (1) 2008 11 272009 11 272010 11 272011 11 272012 11 27 2013 11 26 20.0% (2) 2013 7 1 (3) 1.0 7 1 7 1 12 31 2007 11 27 (1) 10,268,000 (250,000) (3) (10,018,000) 8.66 2008 3 25 (2) 2,060,000 2,060,000 8.44 12,328,000 (250,000) (10,018,000) 2,060,000 52

(B) (4) (1) 2008 11 272009 11 272010 11 272011 11 272012 11 27 2013 11 26 20.0% (2) 2009 3 252010 3 252011 3 252012 3 252013 3 252014 3 24 20.0% (3) 2013 7 1 (4) 1.0 (C) (1) Fita International LimitedFita Fita 12 31 2,900,000 1,240,000 (1) 4,140,000 0.55 1,000,000 1,000,000 2,000,000 0.27 1,000,000 3,900,000 1,240,000 6,140,000 (1) 53

(C) (2) 12 31 129,000,000 516,830,000 (1) 645,830,000 8.85 10,000,000 (2) 10,000,000 0.14 129,000,000 526,830,000 655,830,000 (1) (2) (3) NWD (MTN) LimitedNWD (MTN) NWD (MTN) 12 31 4,000,000 4,000,000 0.11 (4) Rosy Unicorn LimitedRosy Unicorn Rosy Unicorn 12 31 51,500,000 22,840,000 (1) 74,340,000 14.87 (1) 2013 12 31 352 54

3362013 12 31 Cheng Yu Tung Family (Holdings) Limited CYTFH (1) 2,685,018,399 2,685,018,399 41.67 Cheng Yu Tung Family (Holdings II) Limited CYTFH-II (2) 2,685,018,399 2,685,018,399 41.67 Chow Tai Fook Capital Limited CTFC (3) 2,685,018,399 2,685,018,399 41.67 (4) 2,685,018,399 2,685,018,399 41.67 (5) 2,441,633,923 243,384,476 2,685,018,399 41.67 (1) CYTFHCTFC 48.98% CTFC (2) CYTFH-IICTFC 46.65% CTFC (3) CTFC 78.58% (4) 100% (5) 12 31 336 55

JP JP JP JP Eversheds 28 26 18 30 (852) 2523 1056 (852) 2810 4673 UFJ 0017 0017.HK 17 HK 18 30 (852) 2523 1056 (852) 2810 4673 ir@nwd.com.hk www.nwd.com.hk 56