CapitaLand Presentation Sept 2008

21 22 ✓ Healthy Private Consumption 12 J RMB trillions 0) 00 €10 2 Retail sales to grow at 13.5% p.a. (2006 – 2012) CAGR: 13.5% 10.2 9.2 8.2 7.2 64 5.5 4.8 4.2 3.4 2.9 2003 (a) 2004 (a) 2005 (a) 2006 (a) 2007 (a) 2008 (f) 2009 (f) 2010 (f) 2011 (f) 2012 (f) Source: EIU & CapitaLand Research Cap/taLand

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