}

- 2 -

Rieter-Scragg Ltd

Seatrade Publication (FE) Ltd

Associated Engineers Ltd

HK Dragon Airlines Ltd

South China Aero Technology Ltd

Reebok HK Ltd

Thomas Howell Kiewit HK Ltd

Walker Print (FE) Ltd

Weatherwise Roofing & Walling (China) Ltd

Woodhouse Drake & Carey (HK) Ltd (HK) Ltd

Pollypeck Group

Rieter-Scragg Ltd (Wholly owned sub)

Company incorporated in UK

Cathay Pacific Airways Ltd. 36%, Jardine Gp 36% Others 28%

Cathay Pacific Airways Ltd 30%, Swire Pacific Ltd 5%, Ronald Kee-Young Chao 22%, CITIC 38%, Others 5%

Hong Kong Aircraft Engineering Co 60% China National Aero Technology Import-Export Corp 40% share

Shareholders: 67% Swire Resources Ltd which is 100% owned by Swire Pacific Ltd and 33% Reebok Int'l Ltd

wholly owned by Thomas Howell Group in UK.

Walker Group Plc, Wakefield

Wholly owned sub of Weatherwise Holdings

Subsidiary of Woodhouse Drake & Carey Holdings Ltd.

See attached list

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