2 3 6 14 22 25 36 37 39 40 42 82 87 88 89 01

Canon s Court, 22 Victoria Street Hamilton HM12, Bermuda UFJ The Bank of Bermuda Limited http://www.cafedecoral.com 02

2,723,295 2,621,547 3.88 258,074 242,812 6.29 1,831,934 1,973,146-7.16 1,548,333 1,463,148 5.82 48.62 44.76 8.62 37.35 24.40 53.07 2.91 2.74 6.20 03

04

Any Where Any Time

6.3% 06

4.5 18 6.55 6.4 6.4 37.35 (CEPA) 07

90 08

11 6 09

9,000 010

125 10 1 136 22 22 59 1 60 5 5 13 13 224 11 1 236 011

Manchu Wok 83 112 195 Dai Bai Dang 1 1 Fan Ting 2 2 5 5 13 13 83 115 18 216 012

125 10 1 136 22 2 24 59 1 60 76 76 206 87 1 2 296 Total: 512 013

6.3% (CEPA) 35 14

18 4 120 6 30 15

60291115 5 ISO9001 HACCP 5 22 2 16

4 17

50 101 18

76 Manchu Wok China Inn China Inn Manchu Wok Manchu Wok Manchu Wok 198 1 Dai Bai Dang 2 Fan Ting 19

2 13 20

( ) 0.65% 9,000 21

NKY Holding Corporation XV 22

Loughborough University of Technology University of Surrey Wandels Investment Limited XV NKY Holding Corporation XV LBK Holding Corporation MMW Holding CorporationXV Brunel University 23

University of Surrey Macquarie University Bravo Bistro M Hotel & Catering International Management Association (U.K.) 24

82 86 36 9 6.4 6.4 67,992,000 186.55 131,292,000 27 159,871,000 13 87 22 25

25 89 92 0.10 5,966,000 5,966,000 4.700 4.350 27,103 27,103,000 26

53,103,403 9.93% 1% 27

1 (i) (ii) (iii) 28

(i) 1,500,000 1,500,000 (i) 1,500,000 1,500,000 (i) 400,000 400,000 (i) 350,000 350,000 (i) 19,750,000 (3,520,000) (ii) (340,000) 15,890,000 23,500,000 (3,520,000) (340,000) 19,640,000 (i) 2.95 (ii) 7.00 29

109(A) 30

151-16312A-C 17-27 1 116, 117, 124-149, 165, 173 174 G50 Ardley Enterprises Limited 170,000 138,000 LBK Holding CorporationLBK 108 118 A BLBK 90,000 LBK 90,000 LBK 31

352 XV (g) (a) (b) 3,120,000 88,503,394 1,500,000 93,123,394 17.53% (c) 87,626,213 350,000 87,976,213 16.56% (d) 132,000 67,880,834 68,012,834 12.80% (a) 8,936,339 51,120,000 400,000 60,456,339 11.38% (a) (e) 3,121,407 1,189,400 51,120,000 1,500,000 56,930,807 10.72% 2,927,000 2,927,000 0.55% (f) 55,000 55,000 0.01% 25,837 25,837 0.01% (a) (b) (c) (d) (e) (f) (g) 51,120,000 37,383,394 87,626,213 31,911,701 35,969,133 1,189,400 32

336 5% GZ Trust Corporation (a) 119,000,834 119,000,834 22.40% Wandels Investment Limited (b) 87,626,213 87,626,213 16.50% Barclays Private Bank & Trust Limited (c) 87,626,213 87,626,213 16.50% (d) 87,626,213 87,626,213 16.50% (e) 67,880,834 67,880,834 12.78% (f) 62,126,339 62,126,339 11.70% NKY Holding Corporation (g) 51,120,000 51,120,000 9.62% (h) 42,003,394 42,003,394 7.91% Ardley Enterprises Limited (i) 37,383,394 37,383,394 7.04% (j) 36,101,033 36,101,033 6.80% LBK Holding Corporation (k) 35,969,133 35,969,133 6.77% MMW Holding Corporation (l) 31,911,701 31,911,701 6.01% 33

(a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) GZ Trust Corporation Wandels Investment Limited Barclays Private Bank & Trust Limited (b) (b) (c) (k) (l) NKY Holding Corporation (a) GZ Trust Corporation Ardley Enterprises Limited LBK Holding Corporation (a) GZ Trust Corporation MMW Holding Corporation (a) GZ Trust Corporation XV XV 34

35

4 2,723,295 2,621,547 (2,302,148) (2,235,220) 421,147 386,327 (117,319) (114,421) 4 29,335 50,481 2,600 (7,696) (12,174) 335,763 302,517 5 (237) (9,485) 335,526 293,032 1,471 526 (23,628) (5,456) 6 313,369 288,102 7 (55,295) (45,290) 8 258,074 242,812 9 199,284 129,940 10 48.62 44.76 10 47.66 43.87 36

13 876,337 901,124 14 21,289 22,754 15 394,763 356,896 16 1,180 838 17 63,597 28,257 18 3,244 6,357 19 167,313 85,979 24 5,358 3,769 1,657 1,139,975 1,049,078 394,763 356,896 50,994 52,966 113,459 103,870 112 110 21 29,541 26,586 20 24,722 7,365 473,243 733,281 264 157 691,959 924,068 376 267 22 10,000 220,000 21 62,087 61,365 183,953 198,796 16 9,685 12,126 14,109 268,166 494,270 16 9,685 37

423,793 429,798 360 (9,418) 1,563,768 1,478,876 395,123 347,478 24 15,435 15,728 15,435 15,728 1,548,333 1,463,148 395,123 347,478 25 53,119 53,364 53,119 53,364 131,292,000 95,515,000 9, 27 1,495,214 1,409,784 342,004 294,114 1,548,333 1,463,148 395,123 347,478 38

1,456,418 1,401,594 27 6,730 9,192 1,463,148 1,410,786 27 (2,604) 27 7,409 374 7,409 (2,230) 27 258,074 242,812 27 (448) 27 (163,579) (127,761) 26, 27 10,384 223 27 (27,103) (60,234) 77,776 54,592 1,548,333 1,463,148 39

313,369 288,102 237 9,485 (13,075) (19,244) 132,380 125,986 2,704 2,704 113 (2,600) 7,696 4,566 (18,814) (150) (567) 12,174 (5,076) 4,470 (1,471) (526) 23,628 5,456 454,625 416,922 1,972 (4,130) (9,589) 44,293 (2,955) (25) (549) (144) 722 4,269 (14,843) 5,069 429,383 466,254 2,195 4,110 (61,925) (36,874) (2,123) (1,827) 367,530 431,663 40

(111,269) (116,230) 3,860 51,599 28(a) (3,352) (38,236) (944) (11,749) (5,851) 920 440 1,038 195,057 150,573 (2,625) (276,391) (236,552) 7,971 3 1,102 10,515 (15,616) (15,903) (1,657) 13,075 19,244 (238,910) (142,068) 28(b) 10,384 223 (27,103) (60,234) 545,000 (210,000) (555,000) (237) (9,485) (163,579) (127,761) (390,535) (207,257) (261,915) 82,338 1,877 (38) 733,281 650,981 473,243 733,281 41

2(l) (i) 42

(i) (ii) (iii) 43

(iv) (i) (ii) (iii) 44

(i) (ii) (iii) 45

(iv) 2.5% 12.5% 20% (v) 46

(i) (ii) (iii) 47

(i) 48

(ii) (iii) 49

(iv) 12 9,192,000 6,730,000 3,769,000 2,961,000 2,462,000 50

(i) (ii) (i) (ii) 51

(iii) (iv) 52

2,696,705 2,592,801 26,590 28,746 2,723,295 2,621,547 13,075 19,244 3,863 4,715 5,076 18,814 150 567 7,171 7,141 29,335 50,481 2,752,630 2,672,028 237 9,485 53

132,380 125,986 4,566 7,696 810,906 784,984 11 709,066 704,673 16,538,000 16,479,000 302,759 298,493 4,470 2,704 2,704 113 1,750 1,520 109 2,008 1,662 11,543 11,165 (406) (22) 11,137 11,143 8,181 10,983 445 18,814 150 567 5,076 2,600 345 333 54

17.5% 16% 16% 17.5% 56,565 40,379 2,147 2,169 1,158 (575) 24 (1,882) 3,891 1,025 57,988 46,889 209 84 (2,902) (1,683) 55,295 45,290 55

313,369 288,102 17.5% 16% 54,840 46,096 1,025 (1,126) (5,640) (6,523) 3,937 6,464 (25) (261) 1,025 1,158 (575) 190 55,295 45,290 228,000,000128,000,000 6.46.4 33,996 34,425 6.4 33,996 1818 96,263 95,515 6.55 35,029 199,284 129,940 18 6.55 56

258,074,000242,812,000 530,777,563542,510,932 541,535,007553,446,296 10,757,44410,935,364 672,533 666,946 1,350 29,337 28,315 23(b) 6,804 7,550 23(c) 392 512 709,066 704,673 57

200 200 400 400 4,931 5,011 401 408 6,144 6,887 12,076 12,906 1,000,000 1 1 1,000,0011,500,000 1 1 4,500,0015,000,000 1 5,000,0015,500,000 1 2 4 4 1,000,000 58

12(a) 1,092 467 370 392 75 50 291 1,828 909 1,000,000 2 1 59

(a) 104,900 531,424 245,777 860,827 1,742,928 2,600 2,600 2,000 2,000 545 20,145 90,579 111,269 (800) (23) (13,855) (54,974) (69,652) 106,700 531,946 252,067 898,432 1,789,145 89,634 184,210 567,960 841,804 10,401 17,972 104,007 132,380 (13,499) (47,877) (61,376) 100,035 188,683 624,090 912,808 106,700 431,911 63,384 274,342 876,337 104,900 441,790 61,567 292,867 901,124 531,946 252,067 898,432 1,682,445 106,700 106,700 106,700 531,946 252,067 898,432 1,789,145 531,424 245,777 860,827 1,638,028 104,900 104,900 104,900 531,424 245,777 860,827 1,742,928 60

(b) 50 73,000 72,500 168,315 171,248 10 50 33,700 32,400 198,893 204,073 16,887 16,993 50 10 50 47,816 49,476 106,700 104,900 431,911 441,790 FPD Savills (Hong Kong) Limited 2,600,00010,300,000 7,696,000 5,096,000 61

64,694 64,694 1,352 1,352 64,694 1,352 66,046 41,940 41,940 2,704 113 2,817 44,644 113 44,757 20,050 1,239 21,289 22,754 22,754 62

331,802 331,802 65,000 25,094 (2,039) 394,763 356,896 82 86 200 200 920 578 60 60 1,180 838 (a) 1 20% (b) (c) 63

56,250 18,014 (25,877) (2,236) 24,951 9,739 8,273 2,740 63,597 28,257 (a) Manchu Wok Enterprises, Inc 48% MWEI Manchu Wok Enterprises II Inc 48% MWEII 33% # 50% # (b) (c) 64

350 350 2,522 372 18,181 (12,174) 3,244 6,357 448 5,753 1,526 7,824 165,787 78,155 167,313 85,979 1,511 7,828 65

9,103 7,365 7,795 7,824 24,722 7,365 10,000 220,000 66

(a) 4,232 4,104 (b) 15,835 21,303 20,067 25,407 (c) 8,536 9,033 28,603 34,440 1,000 67

HSBC Life (International) Limited 106,808 106,000 (104,658) (75,094) 2,150 30,906 13,685 (9,603) 15,835 21,303 6,434 7,051 5,827 6,814 (5,457) (6,315) 11 6,804 7,550 3,774,0004,566,000 3,030,0002,984,000 23,841,0008,737,000 68

21,303 20,443 6,804 7,550 (12,272) (6,690) 15,835 21,303 5.5% 5.5% 7.0% 7.0% 4.5% 4.5% Watson Wyatt Limited 4,605 9,413 3,931 (380) 8,536 9,033 69

49 38 343 474 11 392 512 291,000153,000 101,000 359,000 9,033 8,674 392 512 (889) (153) 8,536 9,033 3.2% 3.8% 2.0% 2.0% 70

17.5% 17.5% (11,959) (7,043) 7 1,882 (4,916) (10,077) (11,959) 4,971,00018,566,000 4,971 4,971 12,502 1,093 4,971 18,566 71

5,095 4,659 2,788 5,835 1,245 1,190 9,128 11,684 (1,178) 436 (811) (3,047) 55 (1,989) (2,556) 3,917 5,095 1,977 2,788 1,245 1,245 7,139 9,128 (20,761) (18,412) (326) (315) (21,087) (18,727) 3,825 (2,349) 46 (11) 3,871 (2,360) (16,936) (20,761) (280) (326) (17,216) (21,087) 5,358 3,769 (15,435) (15,728) (10,077) (11,959) 72

0.10 1,000,000 100,000 1,000,000 100,000 533,640 53,364 545,726 54,573 26 3,520 352 100 10 (a) (5,966) (597) (12,186) (1,219) 531,194 53,119 533,640 53,364 (a) 0.105,966,000 12,186,0004.3504.7004.3255.250 27,103,00060,234,000 73

(i)(ii) 80% 100% (a) 23,500,000 24,500,000 (b) (3,520,000) (100,000) (340,000) (900,000) (c) 19,640,000 23,500,000 (c) 710,000 74

(b) 2.232 6.150 223 100,000 2.950 4.400-4.900 3,334 1,130,000 2.950 4.875-5.350 3,151 1,068,000 2.950 5.300-5.900 2,118 718,000 2.950 5.800-6.050 443 150,000 2.950 6.400-6.500 159 54,000 2.950 6.750-7.250 1,062 360,000 2.950 7.000 29 10,000 2.950 7.000 88 30,000 10,384 3,520,000 223 100,000 (c) 2.950 19,640,000 710,000 23,500,000 75

46,573 124,931 1,386 (2,470) 112,300 1,120,334 1,403,054 2(l) 6,730 6,730 46,573 124,931 1,386 (2,470) 112,300 1,127,064 1,409,784 10,032 10,032 (26,506) (26,506) 27,103 (27,103) 7,409 7,409 258,074 258,074 (163,579) (163,579) 30,099 152,034 8,795 (2,470) 85,197 1,221,559 1,495,214 131,292 1,363,922 1,495,214 30,099 152,034 522 (2,470) 85,197 1,246,516 1,511,898 920 920 8,273 (25,877) (17,604) 30,099 152,034 8,795 (2,470) 85,197 1,221,559 1,495,214 76

105,375 64,697 1,012 (2,470) 3,052 172,534 1,002,821 1,347,021 2(l) 9,192 9,192 105,375 64,697 1,012 (2,470) 3,052 172,534 1,012,013 1,356,213 213 213 (59,015) (59,015) 60,234 (60,234) (448) (448) (2,604) (2,604) 374 374 242,812 242,812 (127,761) (127,761) 46,573 124,931 1,386 (2,470) 112,300 1,127,064 1,409,784 95,515 1,314,269 1,409,784 46,573 124,931 (1,354) (2,470) 112,300 1,128,722 1,408,702 578 578 2,740 (2,236) 504 46,573 124,931 1,386 (2,470) 112,300 1,127,064 1,409,784 77

46,573 124,931 121,570 1,040 294,114 10,032 10,032 (26,506) (26,506) 27,103 (27,103) 227,943 227,943 (163,579) (163,579) 30,099 152,034 94,467 65,404 342,004 131,292 210,712 342,004 105,375 64,697 181,804 801 352,677 213 213 (59,015) (59,015) 60,234 (60,234) 128,000 128,000 (127,761) (127,761) 46,573 124,931 121,570 1,040 294,114 95,515 198,599 294,114 78

(i)(ii) (a) 2,000 1,352 3,352 (b) 159,948 230,000 223 (60,234) 545,000 (555,000) 99,937 220,000 10,384 (27,103) (210,000) 83,218 10,000 79

262,233 236,747 311,356 335,340 21,523 14,791 595,112 586,878 12,302 4,700 114,234 142,919 126,536 147,619 80

946,095,000917,000,000 21,081 25,904 25,467 33,899 46,548 59,803 81

* 600,000 100% Amigo Mio Limited 20 100% Ashlone Limited 1,320,000 100% 20 100% Bamburgh Limited 20 100% Barneston Limited 20 100% 10,000 100% Birgitta Limited 900,000 100% 500,000 100% Bravo le Café Limited 2 100% 2 100% Café de Coral Assets Limited 1 100% Café de Coral Central Processing 20 100% Limited 40,000,000 100% 82

* Café de Coral (Denmark) ApS 125,000 100% Café de Coral Development 1 100% Limited* 20 100% 44,894,967 100% 21,000,000 100% 300,000 70% Café de Coral Overseas Limited 1 100% Café de Coral Properties Limited 1 100% Charley s Chicken Limited 2 100% 200,000 100% 1,340,000 100% 2 100% 17,330,000 100% Eldoon Limited 10,000 100% 83

* Embark Developments Limited 1 100% Exo Enterprises Limited 4,000,000 100% 6,000,000 100% Gateway City Limited 20 100% 2 100% 10,000 100% 2 100% Grand Seasons (Central) Food 10,000 100% and Beverages Caterers Company Limited 2 100% Interface Consultants Limited 1 100% 6,125,000 100% 5,000,000 100% 84

* 2 100% 2 100% Maradona Limited 20 100% 2 100% Radeberg Limited 20 100% Roberto Assets Limited 1 100% Prime Deal Developments Limited 1 100% Samworth Investments Limited 1 100% Scanfoods International S.A. 3,000,000 100% 2,100,000 100% 12,000,000 100% Sheriafort Assets Limited 1 100% Sparango Limited 20 100% 2 100% 85

* Sturgate Investments Limited 1 100% 10,000,000 100% 17,025,000 A 100% 5,675,000 B 100% 1,000,000 100% 10,000 100% 2 100% 300,000 100% 6,701,560 A 100% 2,872,100 B 100% 1,200,000 100% 4,000,000 100% * Café de Coral Development Limited 86

10-16 5086 1-17 A C N95 6 352 F14A 25-37 336 55-57 DB,C D 167,171 173 223 47-51 3 68865 1262 BC 18 D 8423 B 87

36 81 1981 90 88

2,723,295 2,621,547 2,613,547 2,540,326 2,408,822 (2,302,148) (2,235,220) (2,219,469) (2,167,477) (2,039,906) 421,147 386,327 394,078 372,849 368,916 (117,319) (114,421) (119,501) (115,730) (125,225) 29,335 50,481 61,096 54,540 49,604 2,600 (7,696) (12,174) 335,763 302,517 335,673 311,659 293,295 (237) (9,485) (21,417) (25,987) (39,514) 335,526 293,032 314,256 285,672 253,781 1,471 526 1,499 731 (23,628) (5,456) 6,948 3,141 313,369 288,102 322,703 289,544 253,781 (55,295) (45,290) (42,703) (37,970) (34,963) 258,074 242,812 280,000 251,574 218,818 (163,579) (127,761) (106,523) (94,333) (78,992) 48.62 44.76 51.24 45.84 39.63 47.66 43.87 50.50 45.78 39.55 89

876,337 901,124 953,846 890,154 861,413 5,338 21,289 22,754 25,458 28,162 31,286 1,180 838 836 1,614 63,597 28,257 25,717 14,339 3,244 6,357 18,533 18,547 18,562 167,313 85,979 5,358 3,769 1,657 1,139,975 1,049,078 1,024,390 952,816 916,599 50,994 52,966 48,836 49,375 54,188 113,459 103,870 148,163 122,154 101,369 29,541 26,586 26,561 25,475 16,092 24,722 7,365 6,448 9,169 473,243 733,281 650,981 681,313 524,714 691,959 924,068 880,989 887,486 696,363 90

10,000 220,000 150,000 236,541 221,278 62,087 61,365 57,096 58,198 52,129 183,953 198,796 193,727 153,232 146,780 12,126 14,109 6,727 12,428 11,424 268,166 494,270 407,550 460,399 431,611 423,793 429,798 473,439 427,087 264,752 1,563,768 1,478,876 1,497,829 1,379,903 1,181,351 80,000 100,000 31,536 15,435 15,728 16,235 11,379 12,015 15,435 15,728 96,235 111,379 43,551 1,548,333 1,463,148 1,401,594 1,268,524 1,137,800 91

53,119 53,364 54,573 54,689 55,066 30,099 46,573 105,375 112,332 125,958 152,034 124,931 64,697 53,930 35,212 8,795 1,386 1,012 1,179 (1,186) (2,470) (2,470) (2,470) (2,470) 11,704 3,052 7,102 7,807 85,197 112,300 172,534 183,301 202,019 1,221,559 1,127,064 1,002,821 858,461 701,220 1,495,214 1,409,784 1,347,021 1,213,835 1,082,734 1,548,333 1,463,148 1,401,594 1,268,524 1,137,800 92