| Langfang Oriental Education Facilities Development Co., Ltd. |
| Nature of Business: |
Leasing of student dormitories |
| Headquarters: |
Langfang, Hebei |
| Type of Company: |
Co-operative joint-venture (JV) |
| JV Period: |
20 years |
| JV Incorporation Date: |
29 May 2002 |
| Total Investment of JV: |
US$20.00 million |
| Investment Cost: |
US$5.00 million |
| Company's Interest: |
25% (31/12/2009) |
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| Hansen Enterprises Limited - Shenzhen Mankam Square |
| Nature of Business: |
Shop investment |
| Headquarters: |
Shenzhen, Guangdong |
| Entitled Gross Floor Area: |
5,262 sq. m. |
| Type of Company: |
Limited company |
| Date of Investment: |
April 1994 |
| Investment Cost: |
US$4.30 million |
| Company's Interest: |
35% (31/12/2009) |
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| China Merchants Plaza (Shanghai) Property Co., Ltd. |
| Nature of Business: |
Office & commercial |
| Headquarters: |
Shanghai |
| Entitled Gross Floor Area: |
49,438 sq. m. |
| Type of Company: |
Limited liability company |
| Date of Investment: |
October 1994 |
| Investment Cost: |
US$5.685 million |
| Company's Interest: |
Effective 19.8% (31/12/2009) |
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