A MAJOR PROPERTIES UNDER DEVELOPMENT

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42 A MAJOR PROPERTIES UNDER DEVELOPMENT Total Group s Expected Main Gross Attributable Stage of Completion Site Area Usage Floor Area Interest Completion Date Location (sq.m.) (sq.m.) (%) HONG KONG IL8870, 3,045 R 15,225 60.1 Superstructure 2001 The Summit, 41C Stubbs Road KIL11080, 13,386 R 128,845 60.1 Superstructure 2003 Airport Railway Kowloon Station Package Four Development NKIL 6338, 14,900 R 96,850 * 51.1 Foundation 2003 Hing Wah Street West, C 22,350 West Kowloon Reclamation KIL11152, 20,200 R 131,300 60.1 Foundation 2004 Hoi Fai Road, C 20,200 West Kowloon Reclamation TWTL396, Sha Tsui Road, 5,620 R 43,066 100 Superstructure 2002 Tsuen Wan KIL11122, Hau Man Street, 1,420 R 10,654 60.1 Foundation 2003 Ho Man Tin C 2,131 TMTL415, Fu Tei, 3,904 R 5,571 100 Superstructure 2002 Tuen Mun G 2,787 MTRC Tung Chung Station Development Package One TCTL2 6,300 H 22,000 20 Planning N/A TCTL3 21,265 R 94,080 20 Superstructure 2002 C 2,500 * 30% of total gross floor area will be allocated to Home Ownership Scheme.

43 A MAJOR PROPERTIES UNDER DEVELOPMENT (continued) Total Group s Expected Main Gross Attributable Stage of Completion Site Area Usage Floor Area Interest Completion Date Location (sq.m.) (sq.m.) (%) SHANGHAI The Grand Gateway, 29,050 R 33,500 47.3 RT2 N/A 2228 Hua Shan Lu, Planning Xujiahui, O 122,800 Planning N/A Xuhui District S 20,800 Planning N/A Plaza 66, 31,100 O 71,200 57.5 OT2 N/A 1266 Nan Jing Xi Lu, Planning Jing An District C : Commercial G : Religious H : Hotel O : Office OT2 : Office Tower 2 R : Residential RT2 : Residential Tower 2 S : Serviced Apartments B MAJOR INVESTMENT PROPERTIES HONG KONG Central and Admiralty Printing House, 2848 1,709 5,980 6 Duddell Street, IL339 Chekiang First Bank Centre, 2848 9,007 1 Duddell Street, IL7310 Baskerville House, 2880 1,473 3,379 22 Ice House Street, IL644

44 B MAJOR INVESTMENT PROPERTIES (continued) Central and Admiralty (continued) Standard Chartered Bank Building, 2854 4,814** 23,730** 16 4-4A Des Voeux Road Central, Sections A&B of ML103 Queensway Plaza, 2012 6,923 93 Queensway Causeway Bay and Wanchai Hang Lung Centre, 2864 8,613 22,161 126 2-20 Paterson Street, IL524 & IL749 Causeway Bay Properties, 2842, 2864 31,072 7,935 Paterson Street, Houston Street, & 2868 Great George Street, Cleveland Street, Kingston Street, Gloucester Road, ML231, ML52, IL469 & IL470 Park Towers, 2060* 1,101 250 1 King s Road, IL8560 15/F-28/F, Shui On Centre, 2060* 16,722 42 6-8 Harbour Road, IL8633 Kornhill and Quarry Bay Kornhill Plaza, 2059* 53,080 10,577 1,069 1-2 Kornhill Road, IL8566 Stanhope House, 2007* 1,051 26,720 70 734 King s Road, IL3507

45 B MAJOR INVESTMENT PROPERTIES (continued) The Peak and Mid-Levels The Peak Galleria, 2047 12,500 493 118 Peak Road, RBL3 Block 2, 2003* 9,464 83 Nos. 2&3 Garden Terrace, & 2886 Garden Road, IL896 & IL2850 Hong Kong South Burnside Estate, 2072 9,212 89 9 South Bay Road, RBL994 Mongkok Argyle Centre, Phase I, 2060 101 2,430 688 Nathan Road, KIL1262 Grand Tower Arcade, 2060 13,041 627-641A Nathan Road, KIL10246 Ritz Building, 2060 1,629 8,614 625 Nathan Road, KIL10234 Hang Tung Building, 2045* 955 1112-1120 Canton Road, KIL9708 Park-In Commercial Centre, 2044* 6,297 29,966 478 56 Dundas Street, KIL9590

46 B MAJOR INVESTMENT PROPERTIES (continued) Tsimshatsui Grand Centre, 2038 3,688 7,198 8 Humphreys Avenue, KIL7725 & KIL8026 Hanford House, 2037 2,443 3,892 221B-E Nathan Road, KIL10619 & KIL8132 Ngau Tau Kok and Kwun Tong Amoy Plaza, 2047 44,951 620 77 Ngau Tau Kok Road, NKIL53, NKIL1482, NKIL2660 & NKIL3947 Amoycan Industrial Centre, 2047 8,589 7 Ngau Tau Kok Road, NKIL1744 Laguna Plaza, 2047 15,619 165 Cha Kwo Ling Road, NKIL6055

47 B MAJOR INVESTMENT PROPERTIES (continued) Cheung Sha Wan and Kwai Chung Park Building, 2047 13,522 476 Castle Peak Road, NKIL1761 CNT Group Building, 2047 9,004 73 822 Lai Chi Kok Road, NKIL 5568 9 Wing Hong Street, 2047 35,223 95 NKIL 6229 Shops 1A1, 1A2, 5A, 6A, 6B & 7, 2047 4,512 172 Laichikok Bay Garden, Lai King Hill Road, Lot 3336 of SD4 Star Centre, 2047 28,512 27 443-451 Castle Peak Road, Section A of Lot 690 in DD445

48 B MAJOR INVESTMENT PROPERTIES (continued) SHANGHAI The Grand Gateway Garden, 2063 33,500 2118 Hua Shan Lu, Xujiahui, Xuhui District The Grand Gateway, 2043 99,200 1,100 1 Hong Qiao Lu, Xujiahui, Xuhui District Plaza 66, 2044 50,100 90,000 486 1266 Nan Jing Xi Lu, Jing An District * With an option to renew for a further term of 75 years ** The Group is now entitled to rental on 22,101 sq.m. of office area. The rights to rental entitlement in the remaining area will revert to the Group in 2012.

49 C PROPERTIES MANAGED BY GRAND HOTEL GROUP Location Lease Expiry Rooms Grand Tower Hotel, 2060 30,000 549 627 Nathan Road, Mongkok, KIL10246 Grand Plaza Hotel and 2059* 35,275 Hotel rooms 248 Grand Plaza Apartments, Apartments 242 2 Kornhill Road, Quarry Bay, IL8566 The Bay Bridge, 2047 20,096 438 123 Castle Peak Road, Yau Kom Tau, TWTL 356 The Wesley, 2047 10,977 251 22 Hennessy Road, Wanchai, IL8686# * With an option to renew for a further term of 75 years # Pursuant to an agreement with Methodist Centre Limited, the Group acquired the rights to manage the property for a term of 20 years commencing 4 February 1992.

50 Tradition is the source of strength. A long history of experience and practice provides the foresight and intuition to achieve continued success.