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External sources (not reviewed)

The Avestan language is an Indo-Germanic tongue and belongs more specifically to the Iranian group, the other members being the Old Persian of the cuneiform inscriptions, the Pahlavi, and Pazend (or Middle Iranian), and the later dialects, New Persian, Kurdish, Afghan, etc. The Avestan speech is very closely related to Sanskrit; in fact, we are able to transpose any word from one language into the other by the application of special phonetic laws.

Having presented with the opportunity for the Company to enjoy the benefits of the Agreement as discussed in the paragraph headed ‘‘Benefits of the Agreement’’ in particular, the potential surge in value of the Post-IPO Interest and the benefits in turning the Company’s investment in the Associate from anunlistedinvestmenttoalistedinvestment upon completion of Proposed IPO, while enjoying all the benefits associated with the restoration to the Initial Interests at no extra cost if the Qualified IPO could not be completed within 24 months from the date of execution of the Agreement, we are of the opinion that negotiation with existing shareholders of the Associate and the Associate to enter into the Agreement appears to be a preferred alternative than maintaining the Initial Interest.

I wish to quote part of the article written by Prof LANG Hsienping entitled "Disproving WUERKAIXI's article 'On One Democratic China'", which was posted in the Oriental Daily News recently: "The ultimate goal of the Taiwanese people's quest for democracy is not pure democracy, it is a quest mixed up with a bona fide quest for the independence of Taiwan.

(b) replace the Federal Republic of Yugoslavia (FRY) in the list of Contracting States in the Order with Montenegro and the Republic of Serbia.

Looking around the world, we can see that although the Bosnian Muslims have been living with the Bosnian Serbs for the greater part of a century, there has been no harmony between them, thus leading to the current irreversible tragedy of ethnic cleansing.

b. Meanwhile, Russia encouraged Pan-Slavism in the Balkans while the Turkish Empire continued to decline rapidly, revolts broke out first in Herzegovina, then in Bosnia, Serbia, Montenegro and Bulgaria in 1875.

[...] liabilities of Towngas BVI weredetermined [...][...]

During the year ended 31 December 2010, Towngas BVI contributed HK$194,078,000 to the Group’s turnover and HK$43,188,000 to the Group’s profit for the period between the date of acquisition and the end of the reporting period.

Also, we will hopefully witness the start of the long-awaited project of 37 km bike routes across the Bega river, which crosses the city and connects with the Serbian city of Zrenjanin.

Having considered the above, in particular the Subcontractor is not obligated to provide the Production Service and the profit margins (being the Subcontracting Fee) for the Production Services as provided by the Subcontractor to the High Fashion Group under the Subcontracting Agreement are comparable to other listed garment manufacturers, we consider that the terms of the Subcontracting Agreement are fair and reasonable insofar as the Company and the Independent Shareholders are concerned.

[...] [...] aggregate amount to a Large Open Position as determined by the board of the HKFE, you shall report to us, or if required by us, the HKFE immediately of such Large Open Position and provide us or the HKFE (as the case may be) with such information as we or the HKFE (as the case may be) may require in connection therewith (including your name and the ultimate beneficiary or in the case of a company or body corporate, the individuals who are the ultimate beneficial owners of the share capital of the company or body corporate, including a beneficiary holding an interest through a nominee or trust) of such Large Open Position and also provide us or the HKFE (as the [...]

[...] [...] Industry Standard of the PRC, (ii) the Valuer has the relevant experiences and qualification to understand the Reserve Report based on our assessment stated in the paragraphs headed ‘‘Profile of the Valuer and the valuation standards adopted by the [...][...]

This letter is issued for the information for the Independent Board Committee and the Independent Shareholders solely in connection with their consideration of the grant of the General Mandate and, except for its inclusion in the Circular, is not to be quoted or referred to, in whole or in part, nor shall this letter be used for any other purposes, without prior written consent.

[...] [...] the occurrence of an Insolvency Event in relation to any of the joint Account holder all credit balance or balances and properties in all the Accounts and all monies due by us to the joint Account holders under any Transactions and Services to the order of the surviving joint Account holder (in case of death of all of the joint Account holders, to the executors or administrators of the last surviving joint Account holder) and any paymentby us aboveshall be an absolute full and conclusive dischargeof us as against the joint Account holders (including the deceased and [...][...]

Taking into account the optimistic view of the Directors on the EMS business of the Group, in particular in view of its recent focus of development, expected enhancement of its production capacity and existing contracts with customers in the EMS business, as detailed in the section headed “Business of the Group” and “Information of Ever Tech” above, and the increasing trend of production and sales of automobiles in the PRC as detailed in the section headed “Overview of automotive industry in the PRC” above, and the Acquisition represents an opportunity for the Group to consolidate control over the EMS business and acquire technologies complementary and synergetic to the existing business operations of the Group, we consider that the Acquisition is in line with the business development of the Group and in the ordinary and usual course of business of the Company.

Under the leadership of Olivier Bernheim, President and Chief Executive Officer and more recently joined by his son Elie (Marketing Director) and Pierre (Sales Manager) - small son of Mr. Raymond Weil, the company continues to grow and innovate in the areas of product research and development, marketing and communication.

Application can be made to BVI courts for an order that the BVIBC disregard the action of a foreign government which expropriates or imposes confiscatory taxes upon the shares or other interests in a BVIBC and to treat as members those persons whose shares or interests are subject to the action by the foreign government.