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Investor Presentaiton

Breakdown of Down Apparel Income Sales*: RMB4,688.9 million 2,900.3 61.9% Sales*: RMB3,747.6 million Bosideng+26.1% 2,300.1 61.4% 886.6 18.9% Snow Flying+3.7% 854.8 22.8% 2010 2009 Year ended 31 March 386.4 Year ended 31 March 8.2% Bingjie+81.2% 526.9 11.2% 213.3 5.7% 359.1 9.6% Kangbo+46.7% •Sales rebates are not deducted from total down apparel revenue or from revenues of each brand sales rebate for the year ended 31 March 2010 and 2009 were RMB36.7 million and RMB13.0 million respectively. 00
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