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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001191638-08-001463.txt : 20080812
<SEC-HEADER>0001191638-08-001463.hdr.sgml : 20080812
<ACCEPTANCE-DATETIME>20080812063752
ACCESSION NUMBER:		0001191638-08-001463
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080812
FILED AS OF DATE:		20080812
DATE AS OF CHANGE:		20080812

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTERCONTINENTAL HOTELS GROUP PLC /NEW/
		CENTRAL INDEX KEY:			0000858446
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				250420260
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10409
		FILM NUMBER:		081008095

	BUSINESS ADDRESS:	
		STREET 1:		67 ALMA ROAD
		STREET 2:		WINDSOR
		CITY:			BERKSHIRE
		STATE:			X0
		ZIP:			SL4 3HD
		BUSINESS PHONE:		4045513500

	MAIL ADDRESS:	
		STREET 1:		67 ALMA ROAD
		STREET 2:		WINDSOR
		CITY:			BERKSHIRE
		STATE:			X0
		ZIP:			SL4 3HD

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SIX CONTINENTS PLC
		DATE OF NAME CHANGE:	19950531
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ihg200808126k.htm
<DESCRIPTION>HALF YEAR RESULTS TO 30 JUNE 2008
<TEXT>
<html>
    <head>
        <title></title>
        <!-- Created by EDGAR Ease Plus (EDGAR Ease+) -->
        <!-- Control Number:                                                                  -->
        <!-- Rev Number:                                                                      -->
        <!-- Client Name:                                                                     -->
        <!-- Project Name:                                                                    -->
        <!-- Firm Name:                                                                       -->
    </head>

    <body text="#000000" vlink="#800000" link="#0000ff" bgcolor="#ffffff">
        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt">SECURITIES AND EXCHANGE COMMISSION</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt">Washington DC 20549</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <b><font style="FONT-SIZE: 13.5pt">FORM 6-K</font></b></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 AND
        15d-16 OF<br>
        THE SECURITIES EXCHANGE ACT OF 1934</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt">For 12 August 2008</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <b><font style="FONT-SIZE: 13.5pt">InterContinental Hotels Group PLC</font></b><br>
        <font style="FONT-SIZE: 13.5pt">(Registrant's name)</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt">67 Alma Road, Windsor, Berkshire, SL4 3HD, England<br>
        (Address of principal executive offices)</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt">Indicate by check mark whether the registrant files or will
        file annual reports under cover Form 20-F or Form 40-F.</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt">Form
        20-F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Form 40-F</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt">Indicate by check mark whether the registrant by furnishing
        the information contained in this form is also thereby furnishing the information to the
        Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt">Yes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        No</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt">If "Yes" is marked, indicate below the file number assigned
        to the registrant in connection with Rule 12g3-2(b): Not applicable</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        &nbsp;</p>
        <!-- EEDocs PBStart-->
        <hr style="PAGE-BREAK-AFTER: always" align="center" width="100%" noshade>
        <!-- EEDocs PBEnd-->

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        &nbsp;</p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt">EXHIBIT INDEX</font></p>

        <p></p>

        <p></p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td valign="bottom" colspan="2">&nbsp;</td>

                <td valign="bottom" colspan="2">&nbsp;</td>

                <td valign="bottom" colspan="2">&nbsp;</td>
            </tr>

            <tr>
                <td valign="top" width="20%">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    Exhibit Number</p>
                </td>

                <td valign="top" width="5%">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="top" width="69%">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    Exhibit Description</p>
                </td>

                <td valign="top">&nbsp;</td>

                <td valign="top">&nbsp;</td>

                <td valign="top">&nbsp;</td>
            </tr>

            <tr>
                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    99.1</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    Half Year Results to 30 June 2008&nbsp;dated&nbsp;12 August&nbsp;2008</p>
                </td>

                <td valign="top">&nbsp;</td>

                <td valign="top">&nbsp;</td>

                <td valign="top">&nbsp;</td>
            </tr>

            <tr>
                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="top">&nbsp;</td>

                <td valign="top">&nbsp;</td>

                <td valign="top">&nbsp;</td>
            </tr>

            <tr>
                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="top">
                </td>

                <td valign="top">&nbsp;</td>

                <td valign="top">&nbsp;</td>

                <td valign="top">&nbsp;</td>
            </tr>
        </table>
        <br>
        <br>

        <p>&nbsp;</p>

        <p></p>
        <!-- EEDocs PBStart-->
        <hr style="PAGE-BREAK-AFTER: always" align="center" width="100%" noshade>
        <!-- EEDocs PBEnd--><br>
        <br>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt">99.1</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px; FONT-FAMILY: 'ARIAL'" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        12 August&nbsp;2008&nbsp;</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        InterContinental Hotels Group PLC</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Half&nbsp;Year Results to 30 June 2008</font></b></font></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: #000000 0.5pt solid; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Headlines</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Three year net rooms growth
                    target exceeded six months ahead of schedule, with 60,490 rooms added since
                    June 2005.</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">48,282 new rooms signed
                    (356 hotels), taking pipeline to 242,349 rooms (1,788 hotels), 41% of the
                    existing system size.</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">13,071 net rooms added in
                    the first half, taking total system size to 598,165 (4,046 hotels), up 6% year
                    on year.</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Global constant currency
                    RevPAR growth of 4.0%. July 2008 global constant currency RevPAR growth of
                    3.4%, 1.5% in US.&nbsp;</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Total gross revenue* from
                    all hotels in IHG's system of $9.6bn, up 8% in constant
                    currency.&nbsp;</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Operating profit including
                    discontinued operations up 28% to $291m.&nbsp;</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Continuing revenue up 14%
                    from $832m to $952m. Continuing operating profit up 29% from $220m to $284m.
                    Revenue and operating profit include&nbsp;$22m&nbsp;benefit from two
                    significant liquidated damages&nbsp;receipts, $13m in Americas and $9m in
                    EMEA.</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Excluding significant
                    liquidated damages benefit, continuing revenue up 12% (9% at constant currency)
                    and continuing operating profit up 19% (17% at constant currency).</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Adjusted continuing
                    earnings per share ("EPS"), including&nbsp;$22m&nbsp;liquidated&nbsp;damages,
                    up 28% from 44.3&cent; to 56.7&cent;. Adjusted total EPS of 58.1&cent;, basic
                    total EPS of 56.0&cent;.</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Interim dividend up 6% to
                    12.2&cent;, equivalent to 6.4p at the closing exchange rate on 8 August 2008.
                    &nbsp;</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">*See appendix 5 for
                    definition. All figures and movements unless otherwise noted are at actual
                    exchange rates and before exceptional items. See appendix 3 for analysis of
                    financial headlines. Constant exchange rate comparatives shown in appendix
                    4.&nbsp;&nbsp;(% CER&nbsp;) =&nbsp;growth in constant currency.</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-BOTTOM: #000000 0.5pt solid" valign="middle" width="706">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Statement
                    from&nbsp;Andrew&nbsp;Cosslett, Chief Executive:</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">"We were deeply saddened
                    to&nbsp;announce that Steve Porter, President of our&nbsp;Americas&nbsp;region,
                    passed away after a short illness on 7 August 2008. &nbsp;</font>
                    <font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: 'ARIAL'">Steve
                    was&nbsp;an outstanding executive and a great colleague, and our thoughts are
                    with his family</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">.
                    &nbsp;Our&nbsp;Group&nbsp;Finance Director Richard Solomons is now in place as
                    interim President of the region, in addition to his current role."</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Commenting on the
                    results and trading, Andrew Cosslett, Chief Executive said:</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">"IHG&nbsp;had a&nbsp;good
                    first half,&nbsp;seeing growth in&nbsp;both revenue per available room
                    and&nbsp;in&nbsp;the number of hotels we operate round the world. In&nbsp;the
                    half we&nbsp;hit&nbsp;the target we set&nbsp;the business in 2005 of adding
                    more than 60,000 rooms on&nbsp;a net basis by the end of 2008. This is&nbsp;a
                    big milestone and&nbsp;we have passed it&nbsp;six&nbsp;months&nbsp;early.
                    Growth looks set to continue as we have&nbsp;been signing&nbsp;two hotels a day
                    into our development pipeline, which&nbsp;now stands at almost 1,800
                    hotels.&nbsp; The $1 billion relaunch of Holiday Inn&nbsp;is progressing
                    well&nbsp;and&nbsp;early&nbsp;feedback from our franchisees and&nbsp;our
                    guests&nbsp;is&nbsp;encouraging.</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">"Over the&nbsp;last three
                    years we have worked hard to strengthen the foundations of the business through
                    investment in our brands,&nbsp;technology,
                    reservation&nbsp;systems,&nbsp;loyalty programme and our people.&nbsp; This
                    investment not only drives our&nbsp;room&nbsp;growth, but&nbsp;helps us
                    outperform&nbsp;during&nbsp;times of&nbsp;economic
                    uncertainty.&nbsp;Generally&nbsp;RevPAR growth slowed through the second
                    quarter,&nbsp;and market conditions have become&nbsp;more challenging,
                    particularly in the&nbsp;US. &nbsp;However, the long term&nbsp;trends for the
                    travel&nbsp;industry&nbsp;remain&nbsp;positive and&nbsp;our
                    broad&nbsp;portfolio of brands and&nbsp;fee based business model positions us
                    well&nbsp;to take full advantage of this."</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: #000000 0.5pt solid; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Rooms:&nbsp;record
                    openings and pipeline</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">48,282 rooms (356 hotels)
                    were signed in the first half. InterContinental signings of 4,407 rooms (12
                    hotels) took its pipeline to 21,284 rooms (67 hotels), triple its size when the
                    brand was relaunched in 2004. 45,034 rooms (365 hotels) have been signed into
                    the Holiday Inn brand family since its relaunch was announced in October 2007.
                    Of these, 24,327 rooms (203 hotels) were signed in the first half, taking the
                    Holiday Inn brand family pipeline to 133,038 rooms (1,121 hotels).</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: medium none" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">The pipeline of rooms now
                    stands at 242,349 (1,788 hotels), with each brand at record levels. The
                    pipeline outside the&nbsp;Americas&nbsp;now stands at 91,150 rooms (359
                    hotels), 38% of the total pipeline.</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="26">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="680">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">23,729 rooms were added to
                    the system and 10,658 were removed in line with IHG's strategy of driving
                    quality growth. This gave 13,071 net room additions for the first half, 76%
                    (5,641 rooms) more than in the first half of 2007.</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Americas:&nbsp;continued
                    growth&nbsp;in a more challenging market</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Revenue&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">RevPAR
                    increased&nbsp;2.4%</font>
                    <font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: 'ARIAL'">&nbsp;with
                    a small drop in occupancy&nbsp;offset by strong rate growth. Growth moderated
                    through the second quarter, although&nbsp;all&nbsp;IHG's&nbsp;brands performed
                    ahead&nbsp;of the industry&nbsp;in the US&nbsp;achieving&nbsp;RevPAR growth of
                    1.6%.</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">&nbsp;&nbsp;Continuing&nbsp;revenues&nbsp;grew&nbsp;8%&nbsp;to
                    $477m. Excluding the&nbsp;$13m liquidated damages&nbsp;received in the first
                    quarter and&nbsp;noted above,&nbsp;continuing revenues grew 5%.</font></p>

                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Operating
                    profit&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Operating profit&nbsp;from
                    continuing operations&nbsp;increased&nbsp;10%&nbsp;to $242m.&nbsp;Excluding the
                    $13m&nbsp;liquidated damages,&nbsp;continuing operating profit grew
                    4%.&nbsp;Continuing owned and
                    leased&nbsp;hotel&nbsp;operating&nbsp;profit&nbsp;improved $3</font>
                    <font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: 'ARIAL'">m to
                    $19m,&nbsp;driven&nbsp;by&nbsp;strong&nbsp;RevPAR&nbsp;growth at the
                    InterContinental hotels in&nbsp;New York,&nbsp;Boston&nbsp;and San
                    Francisco.&nbsp;Managed hotel profit&nbsp;was&nbsp;$38m, flat year on
                    year&nbsp;excluding the&nbsp;$13m&nbsp;liquidated damages.&nbsp;&nbsp;Revenue
                    growth of 5% was offset by higher investment in operations
                    support.&nbsp;Franchised hotel profit increased&nbsp;3%&nbsp;to $215m,
                    with&nbsp;1.9%&nbsp;RevPAR growth and&nbsp;4%&nbsp;net&nbsp;rooms growth
                    partially offset by investment in resources&nbsp;behind more rigorous
                    enforcement&nbsp;of quality&nbsp;standards.&nbsp;&nbsp;</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: #000000 0.5pt solid; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="353">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">EMEA: strong performance
                    in the Middle East</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: #000000 0.5pt solid; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="353">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Revenue</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">RevPAR increased 8.1%,
                    driven primarily by rate growth of 7.2%. RevPAR growth of 9.9% in the second
                    quarter benefited from a strong performance in April due to the timing of
                    Easter. The&nbsp;Middle East&nbsp;continued to perform well with RevPAR growth
                    of 27.1%. RevPAR increased 4.0% in the&nbsp;UK&nbsp;and 7.1% in Continental
                    Europe, with increases of 9.1% in&nbsp;France&nbsp;and 8.0% in&nbsp;Germany.
                    Continuing revenues grew 25% (16% CER) to $271m, driven by 35% growth (27% CER)
                    in managed and franchised revenues. Excluding $9m liquidated
                    damages&nbsp;received in the second quarter and&nbsp;noted above, continuing
                    revenues grew 21% (12% CER).</font></p>

                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Operating
                    profit</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Operating profit from
                    continuing operations increased 85% (71% CER) to $89m. Excluding the $9m
                    liquidated damages, continuing operating profit grew 67% (54% CER). Continuing
                    owned and leased hotel operating profit improved $16m to $19m, primarily
                    due&nbsp;</font>
                    <font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: 'ARIAL'">to the
                    increased contribution from the&nbsp;InterContinental London Park
                    Lane&nbsp;which fully reopened in June 2007 after refurbishment. Excluding the
                    $9m liquidated damages, managed hotel profit increased 24% (18% CER) driven by
                    strong growth in the&nbsp;Middle East. Franchised hotel profit increased $8m to
                    $35m reflecting 6.5% RevPAR growth and 9% net rooms growth.&nbsp;</font>
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">&nbsp;</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: white 0pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="353">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Asia&nbsp;Pacific:&nbsp;RevPAR
                    growth across all brands</font></b></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="353">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Revenue</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">RevPAR
                    increased&nbsp;5.2%,&nbsp;driven by rate. &nbsp;Greater China RevPAR&nbsp;grew
                    1.7%,&nbsp;slowing from 3.2% in the first quarter to 0.5%&nbsp;in the
                    second&nbsp;mainly&nbsp;due to&nbsp;the&nbsp;impact of
                    the&nbsp;Sichuan&nbsp;earthquake&nbsp;and&nbsp;the introduction
                    of&nbsp;international visa restrictions.&nbsp;Continuing revenues
                    grew&nbsp;18%&nbsp;to $141m, driven by&nbsp;15%&nbsp;growth&nbsp;in&nbsp;owned
                    and leased revenues and 27%&nbsp;growth&nbsp;in managed revenues.</font></p>

                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Operating
                    profit</font></b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">&nbsp;</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Operating profit from
                    continuing operations&nbsp;grew&nbsp;7%&nbsp;to $29m.&nbsp;&nbsp;Owned and
                    leased&nbsp;hotel&nbsp;operating profit&nbsp;increased&nbsp;33%&nbsp;to
                    $20m&nbsp;driven by&nbsp;15.2% RevPAR growth at the InterContinental Hong
                    Kong,&nbsp;after completion of its multi year&nbsp;refurbishment at the end of
                    2007.&nbsp;&nbsp;Managed hotel&nbsp;profit&nbsp;grew&nbsp;$7m&nbsp;to
                    $26m&nbsp;driven by&nbsp;5.1%&nbsp;RevPAR growth, an increased contribution
                    from the joint venture with All Nippon Airways (ANA) and continued room
                    expansion in Southern&nbsp;Asia and Greater China.&nbsp;</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Strengthening Operating
                    System</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">IHG continues to
                    demonstrate the strength of its revenue delivery to hotel owners through its
                    reservation channels and loyalty programme, Priority Club Rewards:</font></p>
                </td>
            </tr>
        </table>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="16">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="689">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">$3.7bn of rooms
                    revenue&nbsp;booked through IHG's reservation channels, up 14% and representing
                    47% of total rooms revenue.</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="16">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="689">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">$2.9bn of rooms revenue
                    from Priority Club Rewards members, up 14% and representing 36% of total rooms
                    revenue.</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="16">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="689">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Internet revenues increased
                    from 17% to 19% of total rooms revenue. 84% of internet revenues are from IHG's
                    own websites.</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="16">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&bull;</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="689">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">39m Priority Club Rewards
                    members around the world, up from 37m at the end of 2007.&nbsp;</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: #000000 0.5pt solid; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Overheads,&nbsp;Interest,&nbsp;Tax&nbsp;and
                    Exceptional items</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Regional overheads in
                    the&nbsp;Americas&nbsp;and EMEA were broadly flat. $9m was invested in Asia
                    Pacific's regional overheads to support the rapid growth in that region,
                    including&nbsp;$4m committed&nbsp;at the time of the ANA joint venture to
                    support&nbsp;the&nbsp;launch of the ANA Crowne Plaza brand in Japan.&nbsp;
                    Central overheads increased by $1m to&nbsp;$76m.</font></p>

                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">The interest charge for the
                    period increased from $23m to $55m, driven by higher bank borrowings following
                    the return of funds to shareholders in June last year.</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: 'ARIAL'">The
                    effective tax rate&nbsp;for&nbsp;the first half
                    of&nbsp;2008&nbsp;was&nbsp;28%;&nbsp;the underlying rate before the impact of
                    prior year items was&nbsp;37%.&nbsp;&nbsp;As previously disclosed the effective
                    tax rate&nbsp;in 2008 is expected to be in the mid to high
                    20s&nbsp;but&nbsp;will trend upwards over time. As previously announced
                    IHG&nbsp;</font>
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">will&nbsp;make a
                    non-recurring revenue investment of&nbsp;$60m to accelerate implementation of
                    the global relaunch of the Holiday Inn brands, which&nbsp;will
                    be&nbsp;treated&nbsp;as an exceptional item. &nbsp;$9m has been charged in the
                    first half.</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: #000000 0.5pt solid; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Cash flow and net
                    debt</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="706">
                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">$288m&nbsp;of&nbsp;cash was
                    generated from operating activities&nbsp;in the first half, up $156m on
                    2007.&nbsp; In addition $28m of cash flow was generated from disposals
                    including the sale&nbsp;of&nbsp;IHG's&nbsp;17% stake in&nbsp;the Crowne Plaza
                    Amsterdam&nbsp;City Centre&nbsp;for $20m.&nbsp;&nbsp;&nbsp;</font></p>

                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Capital expenditure of $38m
                    was $69m below 2007 levels. 9.2m shares were repurchased under IHG's buyback
                    programme during the first half, at a cost of $139m, leaving $60m of the
                    current&nbsp;programme to be completed&nbsp;(representing&nbsp;&pound;30m of
                    the&nbsp;&pound;150m&nbsp;announced buyback program).</font></p>

                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">IHG's net debt at the end
                    of the first half was&nbsp;$1,623m, slightly below&nbsp;the start of
                    the&nbsp;year,&nbsp;including&nbsp;the $201m finance lease on the
                    InterContinental Boston.&nbsp;&nbsp;Net debt now stands at 2.4x&nbsp;earnings
                    before exceptional items, interest, tax,
                    depreciation&nbsp;and&nbsp;amortisation.</font></p>

                    <p style="MARGIN-TOP: 3pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">In&nbsp;the second quarter
                    IHG successfully refinanced $2.1bn of long term debt facilities. The new
                    syndicated bank facility consists of two tranches, a $1.6bn 5 year revolving
                    credit&nbsp;facility&nbsp;and a $0.5bn&nbsp;term loan with a 30 month maturity.
                    Terms are broadly unchanged from the previous facility.&nbsp;</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Appendix 1: Asset disposal programme detail</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="167">
                &nbsp;</td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="103">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Number
                    of&nbsp;owned&nbsp;hotels</font></b></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="104">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Proceeds</font></b></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="103">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Net book
                    value&nbsp;</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="167">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Disposed since April
                    2003</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="103">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">182</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="104">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">$5.5bn</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="103">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">$5.2bn</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="167">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Remaining hotels</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="103">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">17</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="104">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="103">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">$1.9bn</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        &nbsp;For a full list please visit&nbsp;</font>
        <u><font style="FONT-SIZE: 11pt; COLOR: #0000ff; FONT-FAMILY: 'ARIAL'">www.ihg.com/Investors</font></u><br>

        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Appendix 2:&nbsp;Rooms</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="167">
                &nbsp;</td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Americas</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="113">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">EMEA</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="129">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Asia&nbsp;Pacific</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="135">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Total</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="167">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Openings</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">15,682</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="113">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">4,739</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="129">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">3,308</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="135">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">23,729</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="167">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Removals</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">(8,836)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="113">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">(1,184)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="129">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">(638)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="135">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">(10,658)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="167">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Net openings</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">6,846</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="113">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">3,555</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="129">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">2,670</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="135">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">13,071</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="167">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Signings</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">32,669</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="113">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">6,691</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="129">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">8,922</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="135">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">48,282</font></i></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Appendix 3:&nbsp;&nbsp;Financial headlines&nbsp;</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'ARIAL'">Six months to 30 June $m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-FAMILY: 'ARIAL'">Total</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-FAMILY: 'ARIAL'">Americas</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-FAMILY: 'ARIAL'">EMEA</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-FAMILY: 'ARIAL'">Asia&nbsp;Pacific</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: #000000 1.5pt solid; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-FAMILY: 'ARIAL'">Central</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="196">
                &nbsp;</td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'ARIAL'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><i><font style="FONT-FAMILY: 'ARIAL'">2007</font></i></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'ARIAL'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="44">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><i><font style="FONT-FAMILY: 'ARIAL'">2007</font></i></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'ARIAL'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><i><font style="FONT-FAMILY: 'ARIAL'">2007</font></i></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'ARIAL'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><i><font style="FONT-FAMILY: 'ARIAL'">2007</font></i></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'ARIAL'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><i><font style="FONT-FAMILY: 'ARIAL'">2007</font></i></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'ARIAL'">Franchised&nbsp;operating
                    profit&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">253</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">240</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">215</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="44">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">209</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">35</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">27</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">3</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">4</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.8pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'ARIAL'">Managed&nbsp;operating profit</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">120</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">82</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">38</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="44">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">25</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">56</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">38</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">26</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">19</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'ARIAL'">Continuing owned and leased operating
                    profit</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">58</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">34</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">19</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="44">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">16</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">19</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">3</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">20</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">15</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'ARIAL'">Continuing operating profit
                    pre&nbsp;regional&nbsp;overheads</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">431</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">356</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">272</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="44">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">250</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">110</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">68</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">49</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">38</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'ARIAL'">Regional overheads</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">(71)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">(61)</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">(30)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="44">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">(30)</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">(21)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">(20)</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">(20)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">(11)</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'ARIAL'">Continuing operating profit pre central
                    overheads</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">360</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">295</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">242</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="44">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">220</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">89</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">48</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">29</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">27</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'ARIAL'">Central overheads</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">(76)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">(75)</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="44">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">(76)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">(75)</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'ARIAL'">Continuing operating profit</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">284</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">220</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">242</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="44">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">220</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">89</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">48</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">29</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">27</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">(76)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">(75)</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'ARIAL'">Discontinued owned and leased operating
                    profit</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">8</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="44">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">9</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">0</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">(1)</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 0.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">-</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="196">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'ARIAL'">Total operating profit</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">291</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">228</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">249</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="44">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">229</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="51">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">89</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="50">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">47</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">29</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="49">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">27</font></i></p>
                </td>

                <td style="BORDER-RIGHT: #000000 0.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 1.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="46">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'ARIAL'">(76)</font></p>
                </td>

                <td style="BORDER-RIGHT: #000000 1.5pt solid; BORDER-TOP: medium none; BORDER-LEFT: #000000 0.5pt solid; BORDER-BOTTOM: #000000 1.5pt solid" valign="top" width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-FAMILY: 'ARIAL'">(75)</font></i></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Appendix 4:&nbsp;Increase from H1 2007 in&nbsp;continuing&nbsp;operating profits
        before&nbsp;exceptional items</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Americas</font></b></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">EMEA</font></b></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Asia&nbsp;Pacific</font></b></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Total***</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="81">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Actual
                    currency*&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="73">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Constant
                    currency**&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Actual currency*</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Constant
                    currency**</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Actual currency*</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Constant&nbsp;</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">currency**</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Actual currency*</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="76">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Constant
                    currency**</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="81">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">10.0%</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="73">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">10.0%</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">85.4%</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">70.8%</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">7.4%</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">11.1%</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">29.1%</font></p>
                </td>

                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="76">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">26.8%</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td valign="top" width="139">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">Exchange
                    rates</font></b></p>
                </td>

                <td valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">EUR:USD</font></b></p>
                </td>

                <td valign="top" width="47">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">&pound;:USD</font></b></p>
                </td>

                <td valign="top" width="56">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">RMB:USD</font></b></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="139">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">2008</font></p>
                </td>

                <td valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">0.65:1</font></p>
                </td>

                <td valign="top" width="47">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">0.51:1</font></p>
                </td>

                <td valign="top" width="56">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">7.06:1</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="139">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">2007</font></p>
                </td>

                <td valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">0.75:1</font></p>
                </td>

                <td valign="top" width="47">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">0.51:1</font></p>
                </td>

                <td valign="top" width="56">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">7.71:1</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">
        * US dollar&nbsp;actual currency</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">
        ** Translated at constant&nbsp;2007&nbsp;exchange rates</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">
        *** After Central Overheads&nbsp;</font><br>
         &nbsp;<br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Appendix 5:&nbsp;Definition&nbsp;of total gross revenue</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Total gross revenue is defined as total room revenue from franchised hotels and total hotel
        revenue from managed, owned and leased hotels. It is not revenue attributable to IHG, as it
        is derived mainly from hotels owned by third parties. The metric is highlighted as an
        indicator of the scale and reach of IHG's brands.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Appendix 6: Investor information&nbsp;for 2008 interim&nbsp;dividend</font></b><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: black 0.5pt solid; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="678">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Ex-dividend
                    Date:&nbsp;&nbsp;27 August 2008</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="678">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Record Date:&nbsp;&nbsp;29
                    August 2008</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="678">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Payment
                    Date:&nbsp;&nbsp;&nbsp;3 October 2008</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 0.5pt solid; PADDING-RIGHT: 0.07in; BORDER-TOP: medium none; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; BORDER-LEFT: black 0.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: black 0.5pt solid" valign="top" width="678">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Dividend
                    payment:&nbsp;&nbsp;Ordinary shares&nbsp;&nbsp;6.4p&nbsp;per share: ADRs
                    &nbsp;12.2c&nbsp;per ADR&nbsp;</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        For further information, please contact:</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td valign="top" width="404">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Investor Relations (Heather
                    Wood; Catherine Dolton):&nbsp;</font></p>
                </td>

                <td valign="top" width="226">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">&nbsp;+44
                    (0)&nbsp;1895&nbsp;512&nbsp;176</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="404">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Media Affairs (Leslie
                    McGibbon;&nbsp;Emma Corcoran):&nbsp;</font></p>
                </td>

                <td valign="top" width="226">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">+44 (0)&nbsp;1895
                    512&nbsp;425&nbsp;</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="404">&nbsp;</td>

                <td valign="top" width="226">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">+44 (0) 7808 094
                    471</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        High resolution images to accompany this announcement are available for the media to
        download free of charge from www.vismedia.co.uk . This includes profile shots of the key
        executives.</font></b><br>
        &nbsp;<br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Presentation for Analysts and Shareholders</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        A presentation with Andrew Cosslett (Chief Executive) and&nbsp;Paul Edgecliffe-Johnson
        (Senior Vice President, Global Corporate Finance)&nbsp;will commence
        at&nbsp;9.30am&nbsp;(London&nbsp;time) on&nbsp;12 August&nbsp;at&nbsp;JPMorgan Cazenove, 20
        Moorgate,&nbsp;London,&nbsp;EC2R 6DA.&nbsp;&nbsp;There will be an opportunity to ask
        questions.&nbsp;&nbsp;The presentation will conclude at
        approximately&nbsp;10.30am&nbsp;(London&nbsp;time).</font></font></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 6pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        There will be a live audio webcast of the results presentation on the web address</font>
        <u><font style="COLOR: #0000ff; FONT-FAMILY: 'ARIAL'">www.ihg.com/interims08</font></u>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">.&nbsp;&nbsp;The archived webcast of
        the presentation is expected to be on this website later on the day of the results and will
        remain on it for the foreseeable future.&nbsp;&nbsp;There will also be a live dial-in
        facility</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td valign="top" width="217">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">International
                    dial-in</font></p>
                </td>

                <td valign="top" width="425">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">44 (0)203 037
                    9090</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        &nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        US&nbsp;Q&amp;A conference call</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        There will also be a conference call, primarily for US investors and analysts,
        at&nbsp;10.00am (Eastern Standard Time) on&nbsp;12&nbsp;August&nbsp;with&nbsp;Andrew
        Cosslett (Chief Executive) and&nbsp;Paul Edgecliffe-Johnson,&nbsp;(Senior Vice President,
        Global Corporate Finance). There will be an opportunity to ask questions.</font></font></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td valign="top" width="217">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">International
                    dial-in&nbsp;</font></p>
                </td>

                <td valign="top" width="425">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">+44 (0)20 7019
                    0812</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="217">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">US Toll
                    Free&nbsp;</font></p>
                </td>

                <td valign="top" width="425">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">877 818 6787</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="217">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Conference ID:</font></p>
                </td>

                <td valign="top" width="425">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">HOTEL</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        A recording of the conference&nbsp;call&nbsp;will also be available for 7 days. To access
        this please dial the relevant number below and use the access
        number&nbsp;1662</font></font></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td valign="top" width="217">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">International
                    dial-in</font></p>
                </td>

                <td valign="top" width="425">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">+44 (0)20 7970
                    8263</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="217">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">US Toll Free</font></p>
                </td>

                <td valign="top" width="425">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">877 274 0695</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Website</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        The full release and supplementary data will be available on our website from 7.00 am
        (London&nbsp;time) on&nbsp;Tuesday&nbsp;12 August. The web address is&nbsp;</font>
        <u><font style="COLOR: #0000ff; FONT-FAMILY: 'ARIAL'">www.ihg.com/interims08</font></u><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: 'ARIAL'">
        Notes to Editors:&nbsp;</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        InterContinental Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)] is one of the world's
        largest hotel groups by number of rooms. IHG owns, manages, leases or franchises, through
        various subsidiaries, almost 4,000 hotels and 600,000 guest rooms in nearly 100 countries
        and territories around the world. The Group owns a portfolio of well recognised and
        respected hotel brands including
        InterContinental</font><sup><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">&reg;</font></sup>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">&nbsp;Hotels &amp; Resorts, Crowne
        Plaza</font><sup><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">&reg;</font></sup>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">&nbsp;Hotels &amp; Resorts, Holiday
        Inn</font><sup><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">&reg;</font></sup>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">&nbsp;Hotels and Resorts, Holiday Inn
        Express</font><sup><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">&reg;</font></sup>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">, Staybridge
        Suites</font><sup><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">&reg;</font></sup>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">, Candlewood
        Suites</font><sup><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">&reg;</font></sup>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">&nbsp;and Hotel
        Indigo</font><sup><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">&reg;</font></sup>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">, and also manages&nbsp;the
        world's&nbsp;largest hotel loyalty programme, Priority
        Club</font><sub><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">&reg;</font></sub>
        <sup><font style="FONT-SIZE: 8pt; FONT-FAMILY: 'ARIAL'">&nbsp;</font></sup>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">Rewards&nbsp;with over 39&nbsp;million
        members worldwide.</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        IHG has more than&nbsp;1,700 hotels in its development pipeline,&nbsp;which will
        create&nbsp;150,000&nbsp;jobs worldwide over the next few years.</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        InterContinental Hotels Group PLC&nbsp;is the Group's holding company and is incorporated
        in&nbsp;Great Britain&nbsp;and registered
        in&nbsp;England&nbsp;and&nbsp;Wales.</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        IHG offers information and online reservations for all its hotel brands at&nbsp;</font>
        <u><font style="FONT-SIZE: 11pt; COLOR: #0000ff; FONT-FAMILY: 'ARIAL'">www.ihg.com</font></u>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">&nbsp;and information for the Priority
        Club Rewards programme at&nbsp;</font>
        <u><font style="FONT-SIZE: 11pt; COLOR: #0000ff; FONT-FAMILY: 'ARIAL'">www.priorityclub.com</font></u>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">. For the latest news from IHG, visit
        our online Press Office at&nbsp;</font>
        <u><font style="FONT-SIZE: 11pt; COLOR: #0000ff; FONT-FAMILY: 'ARIAL'">www.ihg.com/media</font></u></font></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><u><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        Cautionary note regarding forward-looking statements</font></u></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        This announcement&nbsp;contains certain forward-looking statements as defined
        under&nbsp;US&nbsp;law (Section 21E of the Securities Exchange Act of 1934). These
        forward-looking statements can be identified by the fact that they do not relate to
        historical or current facts. Forward-looking statements often use words such as
        'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan', 'goal', 'believe' or other
        words of similar meaning. By their nature, forward-looking statements are inherently
        predictive, speculative and involve risk and uncertainty. There are a number of factors
        that could cause actual results and developments to differ materially from those expressed
        in or implied by, such forward-looking statements. Factors that could affect the business
        and the financial results are described in 'Risk Factors' in the InterContinental Hotels
        Group PLC Annual report on Form 20-F filed with the United States Securities and Exchange
        Commission.</font><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;</font></font></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Interim Management Review</font></b><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'ARIAL'">
        This Interim Management Review discusses the performance of InterContinental Hotels Group
        (the Group or IHG) for the six months ended 30 June 2008.&nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        GROUP PERFORMANCE</font></b><br>
        &nbsp;<br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3 months
                    ended</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6 months
                    ended</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">%</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">%</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Group
                    Results</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">change</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">change</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Revenue:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Americas</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">247</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">241</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2.5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">477</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">442</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7.9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">EMEA</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">156</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">122</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27.9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">271</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">217</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">24.9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Asia&nbsp;Pacific</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">69</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">57</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">21.1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">141</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">119</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">18.5</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Central</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">32</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">29</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10.3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">63</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">54</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">16.7</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing
                    operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">504</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">449</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">12.2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">952</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">832</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">14.4</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued
                    operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">11</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">26</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(57.7)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">22</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">46</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(52.2)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">515</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">475</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8.4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">974</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">878</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10.9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Operating
                    profit before exceptional items:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Americas</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">130</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">127</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2.4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">242</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">220</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10.0</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">EMEA</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">59</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">33</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">78.8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">89</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">48</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">85.4</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Asia&nbsp;Pacific</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">14</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(14.3)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">29</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7.4</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Central</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(41)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(42)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2.4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(76)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(75)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1.3)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing
                    operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">160</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">132</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">21.2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">284</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">220</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">29.1</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued
                    operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(42.9)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(12.5)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">164</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">139</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">18.0</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">291</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">228</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27.6</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional
                    operating items</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;(71.4)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;(4)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">52</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;(107.7)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">170</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">160</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6.3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">287</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">280</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2.5</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Net financial
                    expenses</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(25)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(13)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(92.3)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(55)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(23)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(139.1)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Profit before
                    tax*</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">145</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">147</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1.4)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">232</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">257</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(9.7)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed
                    as:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing
                    operations</font></i></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">141</font></i></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">140</font></i></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">0.7</font></i></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">225</font></i></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">249</font></i></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(9.6)</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued
                    operations</font></i></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></i></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></i></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(42.9)</font></i></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></i></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></i></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(12.5)</font></i></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Earnings per
                    ordinary share:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total
                    operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Basic</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">34.8</font></b>
                    <b><font style="FONT-SIZE: 11pt">&cent;</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">38.0</font>
                    <font style="FONT-SIZE: 11pt">&cent;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(8.4)</font><b><font style="FONT-SIZE: 11pt">
                    &nbsp;</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">56.0</font></b>
                    <b><font style="FONT-SIZE: 11pt">&cent;</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">63.5</font>
                    <font style="FONT-SIZE: 11pt">&cent;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(11.8)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">34.5</font></b>
                    <b><font style="FONT-SIZE: 11pt">&cent;</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30.0</font>
                    <font style="FONT-SIZE: 11pt">&cent;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">15.0</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">58.1</font></b>
                    <b><font style="FONT-SIZE: 11pt">&cent;</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">45.5</font>
                    <font style="FONT-SIZE: 11pt">&cent;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27.7</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing
                    operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">33.8</font></b>
                    <b><font style="FONT-SIZE: 11pt">&cent;</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">28.8</font>
                    <font style="FONT-SIZE: 11pt">&cent;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">17.4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">56.7</font></b>
                    <b><font style="FONT-SIZE: 11pt">&cent;</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">44.3</font>
                    <font style="FONT-SIZE: 11pt">&cent;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">28.0</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="160">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="69">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="64">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="70">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        * Profit before tax includes the results of discontinued operations.</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        On 30 May 2008, IHG announced its intention to change its reporting currency from sterling
        to US dollars reflecting the profile of its revenue and operating profit, which are
        primarily generated in US dollars or US dollar-linked currencies. This change is effective
        from the results for the six months to 30 June 2008 and these financial statements are
        IHG's first financial statements to be presented in US dollars and all comparative
        information has been restated accordingly.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Revenue from continuing operations increased by 14.4% to $952m and continuing operating
        profit increased by 29.1% to $284m during the six months ended 30 June 2008. At constant
        exchange rates, continuing revenue and operating profit increased 11.2% and 26.8%
        respectively. Included in these results is $22m of liquidated damages received by IHG in
        the first half of 2008 in respect of the settlement of two management contracts. Excluding
        these receipts, continuing revenue and operating profit increased by 11.8% and 19.1%
        respectively and at constant exchange rates by 8.7% and 17.3% respectively.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Including discontinued operations, revenue increased by 10.9% and operating profit by
        27.6%. Discontinued operations include the results of owned and leased hotels that have
        been disposed of since 1 January 2007 or those classified as held for sale as part of the
        asset disposal programme that commenced in 2003.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Profit before tax decreased by 9.7% to $232m and adjusted earnings per ordinary share for
        continuing operations increased by 28.0% to
        56.7</font><font style="FONT-SIZE: 11pt">&cent;</font>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        THE&nbsp;AMERICAS</font></b><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3 months
                    ended</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6 months
                    ended</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">%</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">%</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Americas&nbsp;Results</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">change</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">change</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Revenue:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Owned and
                    leased</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">69</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">65</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6.2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">132</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">122</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8.2</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">44</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">42</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4.8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">97</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">80</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">21.3</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">134</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">134</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">248</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">240</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3.3</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing
                    operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">247</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">241</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2.5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">477</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">442</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7.9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued
                    operations*</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">11</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(47.6)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">22</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">38</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(42.1)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">258</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">262</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1.5)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">499</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">480</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4.0</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Operating
                    profit before exceptional items:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Owned and
                    leased</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">19</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">16</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">18.8</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">15</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">14</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7.1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">38</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">25</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">52.0</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">118</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">116</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1.7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">215</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">209</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2.9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">145</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">142</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2.1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">272</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">250</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8.8</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Regional
                    overheads</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(15)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(15)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(30)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(30)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing
                    operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">130</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">127</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2.4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">242</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">220</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10.0</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued
                    operations*</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(42.9)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(22.2)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">134</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">134</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">249</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">229</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8.7</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        *Discontinued operations are all owned and leased.</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt">&nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Revenue and operating profit from continuing operations increased by 7.9% to $477m and
        10.0% to $242m respectively during the six months ended 30 June 2008. All of IHG's hotel
        brands achieved RevPAR growth during the first half of 2008 and outperformed their
        respective&nbsp;US&nbsp;market segments. The receipt
        of</font><i><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;</font></i>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">liquidated damages of $13m
        relating to one property in the managed portfolio is included in&nbsp;America's continuing
        revenue and operating profit.&nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Including discontinued operations, revenue increased by 4.0% to $499m whilst operating
        profit increased by 8.7% to $249m.&nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Continuing owned and leased revenue increased by 8.2% to $132m and operating profit
        increased by 18.8% to $19m. Positive underlying trading was driven by RevPAR growth of
        7.8%, led by the InterContinental brand with growth of 9.5%. The InterContinental Boston
        benefited from gains in market share and strong RevPAR growth following its opening in late
        2006, and RevPAR growth at the InterContinental San Francisco Mark Hopkins was driven by
        increased occupancy.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Managed revenue grew by 21.3% to $97m boosted by the receipt of $13m in liquidated damages
        from the termination of a management agreement for one hotel that had not yet commenced
        trading. Excluding this, underlying growth in managed revenue of 5% was driven by RevPAR
        growth of 4.3% and net rooms growth of 1.9%.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Managed operating profit increased by 52.0% to $38m principally due to the $13m settlement
        discussed above. Excluding the $13m of liquidated damages operating profit was flat against
        the first half of 2007, reflecting increased revenue investment to support
        operations.&nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        The managed results include $47m (2007 $44m) of revenue and $5m (2007 $4m) of operating
        profit from four properties that are structured, for legal reasons, as operating leases but
        with the same characteristics as management contracts.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        During the first half of 2008, franchised revenue and operating profit increased by 3.3% to
        $248m and 2.9% to $215m respectively, compared to the same period in 2007. This increase
        was driven by net rooms growth of 4.3% and by RevPAR growth of 1.9%, partially offset by
        increased investment in resources to drive improvements in brand standards.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Regional overheads were in line with the prior period.&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Hotels</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Rooms</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Americas&nbsp;hotel
                    and room count</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    brand:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">InterContinental</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">53</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">17,549</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">925</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Crowne&nbsp;Plaza</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">178</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">48,961</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,068</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday
                    Inn</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">952</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">176,261</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1,738)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday&nbsp;Inn
                    Express</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,641</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">26</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">137,806</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3,255</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Staybridge
                    Suites</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">131</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">14,397</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">931</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Candlewood
                    Suites</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">181</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">23</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">18,712</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,887</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Hotel
                    Indigo</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">15</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2,019</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">518</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3,151</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">71</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">415,705</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6,846</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    ownership type:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Owned and
                    leased</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">11</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4,029</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">195</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">40,335</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">639</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2,945</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">69</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">371,341</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6,207</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3,151</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">71</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">415,705</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6,846</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Hotels</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Rooms</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Americas&nbsp;pipeline</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    brand:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">InterContinental</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3,016</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(706)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Crowne&nbsp;Plaza</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">45</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10,524</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,488</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday
                    Inn</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">266</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">33,437</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">408</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday&nbsp;Inn
                    Express</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">656</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">42</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">58,016</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3,737</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Staybridge
                    Suites</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">166</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">19</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">18,072</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2,151</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Candlewood
                    Suites</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">230</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">23</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">20,758</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2,153</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Hotel
                    Indigo</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">58</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7,376</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">811</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,429</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">99</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">151,199</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10,042</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    ownership type:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Owned and
                    leased</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">185</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">185</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">24</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4,737</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(224)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,404</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">95</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">146,277</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10,081</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,429</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">99</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">151,199</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10,042</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        The&nbsp;Americas&nbsp;system (the number of hotels and rooms which are owned, leased,
        managed or franchised) increased in the first half of 2008 by 71 hotels (6,846 rooms), with
        140 hotels (15,682 rooms) joining the system and 69 hotels (8,836 rooms) leaving. Removals
        from the system continue IHG's strategy to reinvigorate brands through the removal of lower
        quality, non-brand conforming hotels.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        The&nbsp;Americas&nbsp;pipeline (contracts signed for hotels and rooms yet to enter the
        system) at 30 June 2008 included 1,429 hotels (151,199 rooms) representing room growth of
        7.1% over the pipeline at 31 December 2007.</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Europe, Middle East and&nbsp;Africa&nbsp;(EMEA)&nbsp;</font></b><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3 months
                    ended</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6 months
                    ended</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">%</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">%</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">EMEA
                    Results</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">change</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">change</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Revenue:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Owned and
                    leased</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">68</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">59</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">15.3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">121</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">106</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">14.2</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">57</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">44</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">29.5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">97</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">76</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27.6</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">19</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">63.2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">53</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">35</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">51.4</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing
                    operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">156</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">122</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27.9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">271</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">217</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">24.9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued
                    operations*</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">156</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">127</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">22.8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">271</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">225</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">20.4</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Operating
                    profit before exceptional items:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Owned and
                    leased</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">14</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">100.0</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">19</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">533.3</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">35</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">22</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">59.1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">56</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">38</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">47.4</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">20</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">15</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">33.3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">35</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">29.6</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="144">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">69</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">44</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">56.8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">110</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">68</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">61.8</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Regional
                    overheads</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(10)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(11)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">9.1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(21)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(20)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(5.0)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing
                    operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">59</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">33</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">78.8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">89</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">48</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">85.4</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued
                    operations*</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">59</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">33</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">78.8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">89</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">47</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">89.4</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="74">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        *Discontinued operations are all owned and leased.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Revenue and operating profit from continuing operations increased by 24.9% to $271m and
        85.4% to $89m respectively during the first half of 2008. At constant currency exchange
        rates continuing revenue and operating profit increased by 16.1% and 70.8% respectively.
        Significant liquidated damages of $9m, attributable to the settlement of one management
        contract, were received during the period. Including discontinued operations, revenue
        increased by 20.4% to $271m whilst operating profit increased by 89.4% to $89m.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        In the owned and leased estate, continuing revenue and operating profit increased by 14.2%
        to $121m and by $16m to $19m respectively primarily due to the improved contribution from
        the InterContinental London Park Lane which only fully reopened in June 2007 following its
        refurbishment. Continuing revenue included $6m (2007 $20m) relating to five hotels which
        have either transferred to managed or franchised or left the system, following the
        expiration of their operating lease.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Managed revenue increased by 27.6% to $97m and managed operating profit increased by 47.4%
        to $56m. Managed revenue growth was driven by strong trading and increased hotel openings
        in the Middle East and&nbsp;Africa&nbsp;and by the receipt of $9m in liquidated damages
        relating to the settlement of one management contract during the first half of 2008.
        &nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Franchised revenue and operating profit increased by 51.4% to $53m and 29.6% to $35m
        respectively. Revenue growth was driven by Continental Europe, with a significant
        proportion of this growth coming from new mid-scale hotel openings.&nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Regional overheads remained in line with 2007 levels.</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Hotels</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Rooms</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;EMEA
                    hotel and room count</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    brand:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">InterContinental</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">64</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">20,757</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">745</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Crowne&nbsp;Plaza</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">81</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">18.876</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,550</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday
                    Inn</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">324</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(11)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">51,716</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1,126)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday&nbsp;Inn
                    Express</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">198</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">16</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">21,634</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2,254</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Staybridge
                    Suites</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">132</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">132</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">668</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">17</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">113,115</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3,555</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    ownership type:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Owned and
                    leased</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,446</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(228)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">174</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">39,886</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">813</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">490</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">15</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">71,783</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2,970</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">668</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">17</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">113,115</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3,555</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Hotels</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Rooms</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">EMEA
                    pipeline</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    brand:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">InterContinental</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6,918</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">958</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Crowne&nbsp;Plaza</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;7,483</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,185</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday
                    Inn</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">55</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10,330</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">784</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday&nbsp;Inn
                    Express</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">61</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(15)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7,891</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1,875)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Staybridge
                    Suites</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">14</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,721</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">492</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Hotel
                    Indigo</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">64</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">64</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Other
                    brands</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">90</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">186</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">34,497</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,608</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    ownership type:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">79</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">18,097</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2,894</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="199">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">107</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(10)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">16,400</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1,286)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">186</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(1)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">34,497</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,608</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        During the first half of 2008, EMEA added 17 hotels (3,555 rooms) to its portfolio. The
        region's room pipeline increased by 4.9% in the first half of the year and included 186
        hotels (34,497 rooms) at 30 June 2008.</font></font></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Asia&nbsp;Pacific&nbsp;</font></b><br>
         &nbsp;<br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3 months
                    ended</font></b></p>
                </td>

                <td valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6 months
                    ended</font></b></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">%</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">%</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Asia&nbsp;Pacific
                    Results</font></b></p>
                </td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">change</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">change</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="82">&nbsp;</td>

                <td valign="top" width="74">&nbsp;</td>

                <td valign="top" width="68">&nbsp;</td>

                <td valign="top" width="75">&nbsp;</td>

                <td valign="top" width="72">&nbsp;</td>

                <td valign="top" width="71">&nbsp;</td>
            </tr>

            <tr>
                <td valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Revenue:</font></b></p>
                </td>

                <td valign="top" width="82">&nbsp;</td>

                <td valign="top" width="74">&nbsp;</td>

                <td valign="top" width="68">&nbsp;</td>

                <td valign="top" width="75">&nbsp;</td>

                <td valign="top" width="72">&nbsp;</td>

                <td valign="top" width="71">&nbsp;</td>
            </tr>

            <tr>
                <td valign="top" width="31">&nbsp;</td>

                <td valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Owned and
                    leased</font></p>
                </td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">37</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">19.4</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">77</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">67</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">14.9</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="31">&nbsp;</td>

                <td valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">28</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">22</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27.3</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">56</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">44</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27.3</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="31">&nbsp;</td>

                <td valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;4</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total&nbsp;</font></p>
                </td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">69</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">57</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">21.1</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">141</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">119</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">18.5</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Operating
                    profit before exceptional items:</font></b></p>
                </td>

                <td valign="top" width="74">&nbsp;</td>

                <td valign="top" width="68">&nbsp;</td>

                <td valign="top" width="75">&nbsp;</td>

                <td valign="top" width="72">&nbsp;</td>

                <td valign="top" width="71">&nbsp;</td>
            </tr>

            <tr>
                <td valign="top" width="31">&nbsp;</td>

                <td valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Owned and
                    leased</font></p>
                </td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">42.9</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">20</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">15</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">33.3</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="31">&nbsp;</td>

                <td valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">10</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">20.0</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">26</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">19</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">36.8</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="31">&nbsp;</td>

                <td valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;2</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(50.0)</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(25.0)</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="31">&nbsp;</td>

                <td valign="top" width="132">&nbsp;</td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">23</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">19</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">21.1</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">49</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">38</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">28.9</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Regional
                    overheads</font></p>
                </td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(11)</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(5)</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(120.0)</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(20)</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(11)</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(81.8)</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total&nbsp;</font></p>
                </td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">14</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(14.3)</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">29</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">27</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7.4</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="74">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="82">&nbsp;</td>

                <td valign="top" width="74">&nbsp;</td>

                <td valign="top" width="68">&nbsp;</td>

                <td valign="top" width="75">&nbsp;</td>

                <td valign="top" width="72">&nbsp;</td>

                <td valign="top" width="71">&nbsp;</td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Total revenue increased by 18.5% to $141m whilst total operating profit increased by 7.4%
        to $29m.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        In the owned and leased estate, revenue and operating profit increased by 14.9% to $77m and
        33.3% to $20m respectively, primarily as a result of 15.2% RevPAR growth at the
        InterContinental Hong Kong following the completion of refurbishment works in
        2007.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Managed revenue increased by 27.3% to $56m as a result of an increased contribution from
        the joint venture with All Nippon Airways (ANA), continued room expansion in South Asia and
        Greater China and RevPAR growth across&nbsp;Australia,&nbsp;New Zealand&nbsp;and the South
        Pacific. Managed operating profit increased by 36.8% to $26m.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Franchised revenue remained stable at $8m but operating profit fell marginally by $1m to
        $3m. &nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Regional overheads increased by $9m to $20m. This increase reflects the rapid growth in the
        region and included $4m of the previously announced $10m of marketing activities to support
        the ANA joint venture in&nbsp;Japan.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt">&nbsp;&nbsp;</font><br>

         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Hotels</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Rooms</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Asia&nbsp;Pacific
                    hotel and room count</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    brand:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">InterContinental</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">37</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">14,122</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Crowne&nbsp;Plaza</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">61</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">19,607</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,656</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday
                    Inn</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">95</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">26,146</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">288</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday&nbsp;Inn
                    Express</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">13</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">3,412</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">812</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Other
                    brands</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6,058</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(82)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">227</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">69,345</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2,670</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    ownership type:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Owned and
                    leased</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">693</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">184</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">58,891</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2,777</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">41</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">9,761</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">(107)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">227</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">69,345</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2,670</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Hotels</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Rooms</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Change
                    over</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Asia&nbsp;Pacific
                    pipeline</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">31
                    December</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    brand:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">InterContinental</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">32</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">11,350</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,019</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Crowne&nbsp;Plaza</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">58</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">21,939</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">911</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday
                    Inn</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">55</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">15,894</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,524</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday&nbsp;Inn
                    Express</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">28</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">7,470</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1,373</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">173</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">16</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">56,653</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4,827</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed by
                    ownership type:</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Managed</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">171</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">15</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">56,326</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4,676</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="211">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Franchised</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">327</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">151</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">173</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">16</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">56,653</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">4,827</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Asia&nbsp;Pacific&nbsp;hotel and room count&nbsp;increased by 9 hotels (2,670 rooms) in the
        first half of 2008&nbsp;to 227 hotels (69,345 rooms). The pipeline in Asia Pacific
        increased by 16 hotels (4,827 rooms, or 9.3%) over 31 December 2007 with the majority of
        the growth achieved in mainland&nbsp;China.</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Central</font></b><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Net central costs increased by $1m to $76m during the six months ended 30 June
        2008.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Exceptional Operating Items</font></b><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Exceptional operating items, a&nbsp;charge&nbsp;of $4m in the six months ended 30 June
        2008, comprised a $12m gain on sale of IHG's minority interest in the Crowne Plaza
        Amsterdam, office reorganisation costs of $7m and costs of $9m in respect of the Holiday
        Inn brand family relaunch.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Taxation&nbsp;</font></b><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        The tax charge on the combined profit from continuing and discontinued operations,
        excluding the impact of exceptional items has been calculated using an estimated rate of
        28%.&nbsp;&nbsp;By also excluding the effect of prior year items, the equivalent effective
        tax rate would be approximately&nbsp;37%.&nbsp;&nbsp;Prior year items, arising from
        settlement of tax liabilities and other changes in estimates, have been treated as relating
        wholly to continuing operations.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Treasury&nbsp;</font></b><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        The net movement in cash and cash equivalents in the six months ended 30 June 2008 was
        an&nbsp;inflow&nbsp;of $64m. There was&nbsp;a net cash inflow from&nbsp;operating
        activities&nbsp;of&nbsp;$288m&nbsp;and&nbsp;a net cash&nbsp;outflow from investing
        activities of $10m&nbsp;comprising capital expenditure of $38m and $28m from the sale of
        financial assets of which&nbsp;$20m&nbsp;was&nbsp;received from the sale
        of&nbsp;IHG's&nbsp;minority interest in&nbsp;the&nbsp;&nbsp;Crowne Plaza
        Amsterdam.&nbsp;&nbsp;The net cash outflow from financing activities was $214m and included
        a cash outflow of $131m&nbsp;for share buybacks. There is $60m&nbsp;of the current share
        buy back programme to be completed.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Net debt at 30 June 2008 was $1,623m comprising cash and cash equivalents of $165m and
        loans and other borrowings of $1,788m. Net financial expenses increased by $32m to
        $55m&nbsp;during the six months ended 30 June 2008 due to higher bank borrowings following
        the return of funds to shareholders in June 2007. Included&nbsp;in the 2008 charge
        is&nbsp;a $2m non-cash write-off of fees associated with the Group's Syndicated Bank
        Facility which was successfully refinanced in the period.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        The new $2.1bn facility consists of two tranches - a $1.6bn&nbsp;revolving
        credit&nbsp;facility with a 5 year maturity&nbsp;and a $0.5bn term loan with a 30 month
        maturity.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Asset Disposal Programme</font></b><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        During the period IHG sold its&nbsp;minority interest in the Crowne Plaza Amsterdam for
        $20m. Under the agreement IHG retained a management contract on the hotel until 30 December
        2029.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        This&nbsp;transaction&nbsp;supports&nbsp;IHG's&nbsp;continued&nbsp;strategy&nbsp;of
        growing&nbsp;its managed&nbsp;and franchised&nbsp;business whilst reducing asset
        ownership.&nbsp;&nbsp;Since 2003, 182&nbsp;hotels with a net book value in excess
        of&nbsp;$5.2bn have been disposed, generating aggregate proceeds
        of&nbsp;$5.5bn.&nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Return of Funds&nbsp;</font></b><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        IHG's return of funds continued during the first half of the year. A further 9.2m shares
        were repurchased as part of the fourth share buyback programme, at a cost of $139m leaving
        $60m to be completed (representing &pound;30m of the &pound;150m announced share buyback
        programme).</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Dividends</font></b><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        As a consequence of the change to US dollar reporting, the interim dividend has been
        determined in US dollars and declared in pounds sterling converted at the exchange rate
        applicable on Friday 8 August 2008. &nbsp;An interim dividend&nbsp;equivalent to 12.2
        US&nbsp;cents per ordinary share or 6.4&nbsp;pence per ordinary share&nbsp;has&nbsp;been
        declared. &nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Risks and Uncertainties</font></b><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        The principal risks and uncertainties which could affect the Group for the remainder of the
        financial year remain those set out on pages 22 to 24 of the IHG Annual Report and
        Financial Statements 2007.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        In summary, the Group is exposed to risks relating to:</font><br>
        &nbsp;<br>
        </font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">the reputation of
                    its brands and the protection of intellectual property rights;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">identifying,
                    securing and retaining management and franchise agreements;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">political and
                    economic developments;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">recruiting and
                    retaining key personnel and developing their skills;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">events that
                    adversely impact domestic or international travel;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">reliance on its
                    proprietary reservation system and exposure to the risk of failures in the
                    system and increased competition in reservation infrastructure;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">technology and
                    systems;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">hotel industry
                    supply and demand cycle;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">a lack of
                    selected development opportunities;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">corporate
                    responsibility;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">litigation;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">difficulties
                    insuring the business;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">the ability to
                    satisfy debt covenants;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">compliance with
                    data privacy regulations; and</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">funding in
                    relation to the defined benefits under its pension plans.&nbsp;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        <br>
        </font>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        The Group refinanced its&nbsp;Syndicated Bank Facility&nbsp;during the period and is
        therefore&nbsp;now&nbsp;less exposed to the risk relating to&nbsp;access to adequate
        borrowing facilities.&nbsp;&nbsp;The current economic environment is less predictable than
        in 2007, and the Group has limited visibility for the remainder of the&nbsp;year. RevPAR
        growth slowed during&nbsp;the second quarter&nbsp;of 2008&nbsp;and market conditions have
        become more challenging, particularly in the&nbsp;United States. However, the development
        pipeline will deliver another high level of hotel openings in 2008 and the long term trends
        for the travel and tourism industry remain positive. The investment made in brands,
        technology, reservations systems, loyalty programme and people over the last three years
        will help IHG outperform during times of economic uncertainty.</font><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        A copy of the IHG Annual Report and Financial Statements 2007 is available at&nbsp;</font>
        <u><font style="FONT-SIZE: 11pt; COLOR: #0000ff; FONT-FAMILY: 'TIMES NEW ROMAN'">www.ihgplc.com</font></u>
        <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">.</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Directors' Responsibility Statement</font></b><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        The Directors confirm that to the best of their knowledge:</font><br>
        &nbsp;<br>
        </font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">The condensed set
                    of financial statements has been prepared in accordance with IAS 34;</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">The interim
                    management report includes a fair review of the important events during the
                    first six months and&nbsp;a&nbsp;description of the principal risks and
                    uncertainties for the remaining six months of the year, as required by DTR
                    4.2.7R; and</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        </font>

        <table>
            <tr>
                <td width="56">
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: 'SYMBOL'">
                    &middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
                </td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" align="left">
                    <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">The interim
                    management report includes a fair review of disclosure of related party
                    transactions and changes therein, as required by DTR 4.2.8R.</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        <br>
        </font>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        On behalf of the Board</font><br>
        &nbsp;<br>
         &nbsp;<br>
         &nbsp;<br>
         &nbsp;<br>
         &nbsp;<br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Andrew Cosslett&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Richard
        Solomons</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        Chief
        Executive&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finance
        Director</font></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        11 August 2008&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11
        August 2008&nbsp;&nbsp;&nbsp;&nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        InterContinental Hotels Group PLC</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        GROUP INCOME STATEMENT</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        For the three months ended 30 June 2008</font></b><br>
        &nbsp;<br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.6in" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months ended 30 June
                    2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months ended 30 June
                    2007</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Before</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">exceptional</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;items</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">items</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(note 5)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Before</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">exceptional</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">items</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">items</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(note 5)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing
                    operations</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Revenue (note 3)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">504</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">504</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">449</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">449</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cost of sales</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(219)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(219)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(200)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(200)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Administrative expenses</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(101)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(5)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(106)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(92)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(92)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Other operating income and
                    expenses</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">16</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">24</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">188</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">195</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">160</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">181</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Depreciation and
                    amortisation</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(28)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(29)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(28)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(28)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Operating profit (note
                    4)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">160</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">166</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">132</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">153</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Financial income</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Financial expenses</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(28)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(28)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(19)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(19)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit before
                    tax</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">135</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">141</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">119</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">140</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax (note 6)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(37)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(5)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(42)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(22)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(22)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit for the period from
                    continuing operations</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">98</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">99</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">97</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">118</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit for the period from
                    discontinued operations (note 7)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">10</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit for the period
                    attributable to the equity holders of the parent</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">100</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">101</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">101</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">27</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">128</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Earnings per ordinary
                    share</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(note 8)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing operations:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="209">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34.1</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">35.0</font>&cent;</p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="209">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">33.4</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34.1</font>&cent;</p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="209">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">33.8</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">28.8</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="209">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted diluted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">33.1</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">28.0</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total operations:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="209">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34.8</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">38.0</font>&cent;</p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="209">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34.1</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">37.0</font>&cent;</p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="209">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34.5</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30.0</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="209">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted diluted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">33.8</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">29.2</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="60">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        InterContinental Hotels Group PLC</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        GROUP INCOME STATEMENT</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        For the six months ended 30 June 2008</font></b><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months ended 30 June
                    2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months ended 30 June
                    2007</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Before</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">exceptional</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">items</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">items</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(note 5)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Before</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">exceptional</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">items</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">items</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(note 5)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing
                    operations</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Revenue (note 3)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">952</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">952</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">832</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">832</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cost of sales</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(424)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(424)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(391)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(391)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Administrative expenses</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(192)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(14)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(206)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(170)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(170)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Other operating income and
                    expenses&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">17</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">52</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">57</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">341</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">339</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">276</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">52</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">328</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Depreciation and
                    amortisation</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(57)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(59)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(56)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(56)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Operating profit (note
                    4)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">284</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">280</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">220</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">52</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">272</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Financial income</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Financial expenses</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(61)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(61)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(35)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(35)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit before
                    tax</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">229</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">225</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">197</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">52</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">249</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax (note 6)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(64)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(66)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(44)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(40)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit for the period from
                    continuing operations</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">165</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(6)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">159</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">153</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">56</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">209</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit for the period from
                    discontinued operations (note 7)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">10</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit for the period
                    attributable to the equity holders of the parent</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">169</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(6)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">163</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">157</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">62</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">219</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Earnings per ordinary
                    share&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(note 8)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing operations:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">54.6</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">60.6</font>&cent;</p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">53.5</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">59.0</font>&cent;</p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">56.7</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">44.3</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted diluted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">55.6</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">43.2</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total operations:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">56.0</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">63.5</font>&cent;</p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">54.9</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">61.9</font>&cent;</p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">58.1</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">45.5</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted diluted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">56.9</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">44.4</font>&cent;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="82">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="61">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="78">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="89">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="58">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        InterContinental Hotels Group PLC</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        GROUP STATEMENT OF RECOGNISED INCOME AND EXPENSE</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        For the six months ended 30 June 2008</font></b><br>
        &nbsp;<br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">restated*</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Income and expense recognised
                    directly in equity</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Gains on valuation of
                    available-for-sale assets</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">10</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Gains on cash flow
                    hedges</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Actuarial (losses)/gains on
                    defined benefit pension plans</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(79)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">59</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exchange differences on
                    retranslation of foreign operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">22</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">11</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(48)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">80</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Transfers to the income
                    statement</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">On cash flow hedges : interest
                    payable</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">On disposal of available-for-sale
                    assets</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(15)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(14)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(14)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(14)</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax on items above taken directly
                    to or transferred from equity</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">22</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(15)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax related to share schemes
                    recognised directly in equity</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">10</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">24</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(5)</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net (expense)/income recognised
                    directly in equity</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(38)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">61</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit for the
                    period</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">163</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">219</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total recognised income and
                    expense for the period attributable to the equity holders of the
                    parent</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">125</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">280</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="427">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">*</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="660">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Restated following the adoption of
                    IFRIC 14 (see note 1).</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        InterContinental Hotels Group PLC</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        GROUP CASH FLOW STATEMENT</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        For the six months ended 30 June 2008</font></b><br>
        &nbsp;<br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit for the
                    period</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">163</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">219</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjustments for:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="401">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net financial expenses</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">55</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">23</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="401">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Income tax charge</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">69</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">44</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="401">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Gain on disposal of assets, net of
                    tax</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(6)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="401">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional operating items before
                    depreciation</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(52)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="401">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Depreciation and
                    amortisation</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">59</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">59</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="26">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="401">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Equity settled share-based cost,
                    net of payments</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Operating cash flow before
                    movements in working capital</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">360</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">295</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Increase in net working
                    capital</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(8)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(69)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Retirement benefit contributions,
                    net of cost</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(25)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(49)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cash flows relating to exceptional
                    operating items</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(17)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cash flow from
                    operations&nbsp;</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">310</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">177</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Interest paid</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(58)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(26)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Interest received</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">14</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax received/(paid) on operating
                    activities</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(33)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net cash from operating
                    activities</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">288</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">132</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cash flow from investing
                    activities</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Purchases of property, plant and
                    equipment&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(11)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(69)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Purchase of intangible
                    assets</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(22)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(18)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Purchases of associates and other
                    financial assets&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(5)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(20)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Disposal of assets, net of
                    costs&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">28</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Proceeds from associates and other
                    financial assets&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">28</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">87</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax paid on disposals</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net cash from investing
                    activities</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(10)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">5</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cash flow from financing
                    activities</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Proceeds from the issue of share
                    capital</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">26</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Purchase of own shares</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(131)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(57)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Purchase of own shares by employee
                    share trusts</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(12)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(107)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Proceeds on release of own shares
                    by employee share trusts</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">20</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Dividends paid to
                    shareholders</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(86)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,489)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Increase in
                    borrowings&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">11</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1,192</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net cash from financing
                    activities</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(214)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(415)</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net movement in cash and cash
                    equivalents in the period</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">64</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(278)</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cash and cash equivalents at
                    beginning of the period</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">105</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">351</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exchange rate effects</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cash and cash equivalents at
                    end of the period</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">165</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">82</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        InterContinental Hotels Group PLC</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        GROUP BALANCE SHEET</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        30 June 2008</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">restated*</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">31 December</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ASSETS</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Property, plant and
                    equipment</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1,843</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1,889</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1,934</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Goodwill</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">228</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">219</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">221</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Intangible assets</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">342</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">321</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">335</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Investment in
                    associates</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">50</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">66</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">65</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Retirement benefit
                    assets</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">20</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">84</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">65</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Other financial assets</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">173</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">184</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">188</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total non-current
                    assets</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2,656</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2,763</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2,808</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Inventories</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Trade and other
                    receivables</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">489</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">477</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">472</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Current tax receivable</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">27</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">109</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cash and cash
                    equivalents</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">165</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">82</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">105</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Other financial assets</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">18</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">24</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">18</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total current
                    assets</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">704</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">623</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">710</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Non-current assets classified as
                    held for sale</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">239</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">162</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">115</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total assets</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3,599</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3,548</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3,633</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">LIABILITIES</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Loans and other
                    borrowings&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(17)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(14)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(16)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Trade and other
                    payables</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(783)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(736)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(784)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Current tax payable</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(428)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(473)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(426)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total current
                    liabilities</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,228)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,223)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,226)</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Loans and other
                    borrowings</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,771)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,816)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,748)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Retirement benefit
                    obligations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(124)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(114)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(111)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Trade and other
                    payables</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(305)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(225)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(279)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Deferred tax payable</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(154)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(139)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(165)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total non-current
                    liabilities</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2,354)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2,294)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2,303)</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Liabilities classified as held for
                    sale</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(15)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(8)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(6)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total
                    liabilities</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3,597)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3,525)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3,535)</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net assets (note
                    12)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">23</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">98</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">EQUITY</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Equity share capital</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">161</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">158</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">163</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Capital redemption
                    reserve</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">13</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">10</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Shares held by employee share
                    trusts</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(53)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(56)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(83)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Other reserves</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2,918)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2,917)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2,918)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Unrealised gains and losses
                    reserve</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">33</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">50</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">38</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Currency translation
                    reserve</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">255</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">220</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">233</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Retained earnings</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2,505</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2,544</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2,649</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">IHG shareholders' equity (note
                    13)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">92</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Minority equity
                    interest</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">16</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">______</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total equity</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">23</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">98</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="307">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="122">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="132">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">*</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="660">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Restated following the adoption of
                    IFRIC 14 (see note 1).</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">
        InterContinental Hotels Group plc</font></b></font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        NOTES TO THE INTERIM FINANCIAL STATEMENTS</font></b><br>
        &nbsp;<br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td valign="top" width="35">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1.</font></b></p>
                </td>

                <td valign="top" width="643">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basis of
                    preparation</font></b><br>
                    </p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" width="643">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">These interim financial statements
                    have been prepared in accordance with International Accounting Standard 34
                    'Interim Financial Reporting' using, on a consistent basis, the accounting
                    policies set out in the&nbsp;2007&nbsp;InterContinental Hotels Group PLC (the
                    Group or&nbsp;IHG) Annual Report and Financial Statements.<br>
                    &nbsp;<br>
                     On 30 May 2008, IHG announced its intention to change its reporting currency
                    from sterling to US dollars to reflect the profile of revenue and operating
                    profit which are now primarily generated in US dollars or US dollar linked
                    currencies. These are the first financial statements to be presented in US
                    dollars and all comparative information has been restated accordingly.<br>
                    &nbsp;<br>
                     The Group adopted IFRIC 14 'IAS 19 - The limit on a Defined Benefit Asset,
                    Minimum Funding Requirements and their Interaction' for the first time at 31
                    December 2007. IFRIC 14 provides guidance on assessing the limit in IAS 19
                    'Employee Benefits' on the amount of the surplus that can be recognised as an
                    asset. It also explains how the pension asset or liability may be affected by a
                    statutory or contractual minimum funding requirement. The adoption of IFRIC 14
                    has required the Group balance sheet at 30 June 2007 to be restated to
                    recognise a retirement benefit asset of $84m and associated deferred tax
                    liability of $23m. There have been equivalent increases in the actuarial gains
                    and related tax reported in the restated Group Statement of Recognised Income
                    and Expense for the six months ended 30 June 2007.<br>
                    &nbsp;<br>
                     These&nbsp;interim&nbsp;financial statements are unaudited and do not
                    constitute statutory accounts of the Group within the meaning of Section 240 of
                    the Companies Act 1985. The auditors have carried out a review of the financial
                    information in accordance with the guidance contained&nbsp;in ISRE 2410
                    (UK&nbsp;and&nbsp;Ireland) 'Review of Interim Financial Information Performed
                    by the Independent Auditor of the Entity' issued by the Auditing Practices
                    Board.<br>
                    &nbsp;<br>
                     The financial information for the year ended 31 December&nbsp;2007&nbsp;has
                    been extracted from the Group's published financial statements for that
                    year&nbsp;and converted to US dollars. These financial statements&nbsp;contain
                    an unqualified audit report&nbsp;and&nbsp;have been filed with the Registrar of
                    Companies.&nbsp;&nbsp;<br>
                     &nbsp;<br>
                    </font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td valign="top" width="35">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2.</font></b></p>
                </td>

                <td valign="top" width="643">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'TIMES NEW ROMAN'">Exchange
                    rates</font></b></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" width="643">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'TIMES NEW ROMAN'">The results of
                    operations have been translated into&nbsp;US dollars&nbsp;at the weighted
                    average rates of exchange for the period. In the case of the&nbsp;pound
                    sterling, the translation rate for the&nbsp;six&nbsp;months
                    ended&nbsp;30&nbsp;June is $1= &pound;0.51&nbsp;(2008&nbsp;3 months, $1 =
                    &pound;0.51; 2007 6 months, $1 = &pound;0.51; 2007 3 months, $1=&pound;0.50).
                    In the case of the euro, the translation rate for the&nbsp;six&nbsp;months
                    ended&nbsp;30&nbsp;June is $1 =&nbsp;&euro;0.65&nbsp;(2008 3 months, $1 =
                    &euro;0.64; 2007 6 months, $1 = &euro;0.75; 2007 3 months, $1 =
                    &euro;0.74).</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Assets and liabilities have been
                    translated into&nbsp;US dollars&nbsp;at the rates of exchange on the last day
                    of the period. In the case of the&nbsp;pound sterling, the translation rate is
                    $1=&pound;0.50&nbsp;(2007&nbsp;31&nbsp;December $1 = &pound;0.50; 30 June $1 =
                    &pound;0.50). In the case of the euro, the&nbsp;translation rate is $1 =
                    &euro;0.63&nbsp;(2007&nbsp;31 December $1 = &euro;0.68;&nbsp;30
                    June&nbsp;&nbsp;$1=&nbsp;&euro;0.74).</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td valign="top" width="35">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3.</font></b></p>
                </td>

                <td valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Revenue</font></b><br>
                    </p>
                </td>

                <td valign="top" width="108">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended&nbsp;30
                    June</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended&nbsp;30
                    June</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6&nbsp;months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended&nbsp;30
                    June</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6&nbsp;months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended&nbsp;30
                    June</font></b></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" width="28">&nbsp;</td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing operations</font></p>
                </td>

                <td valign="top" width="108">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top">&nbsp;</td>

                <td valign="top" width="221">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Americas&nbsp;&nbsp;</font></p>
                </td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">247</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">241</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">477</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">442</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top">&nbsp;</td>

                <td valign="top" width="221">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">EMEA &nbsp;</font></p>
                </td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">156</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">122</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">271</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">217</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top">&nbsp;</td>

                <td valign="top" width="221">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Asia&nbsp;Pacific
                    &nbsp;</font></p>
                </td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">69</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">57</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">141</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">119</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top">&nbsp;</td>

                <td valign="top" width="221">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Central</font></p>
                </td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">32</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">29</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">63</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">54</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top">&nbsp;</td>

                <td valign="top" width="221">&nbsp;</td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">504</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">449</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">952</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">832</font></b></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="108">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" width="28">&nbsp;</td>

                <td valign="top">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued operations&nbsp;(note
                    7)</font></p>
                </td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">11</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">26</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">22</font></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">46</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></b></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">515</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">475</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">974</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">878</font></b></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></b></p>
                </td>

                <td valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></b></p>
                </td>
            </tr>

            <tr>
                <td valign="top" width="35">&nbsp;</td>

                <td valign="top" colspan="2">&nbsp;</td>

                <td valign="top" width="108">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>

                <td valign="top" width="96">&nbsp;</td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="6">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Operating profit</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing operations:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="228">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Americas</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">130</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">127</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">242</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">220</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="228">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">EMEA</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">59</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">33</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">89</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">48</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="228">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Asia&nbsp;Pacific</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">14</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">29</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">27</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="228">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Central</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(41)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(42)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(76)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(75)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">160</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">132</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">284</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">220</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="228">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional operating items<br>
                    (note 5)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">52</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">166</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">153</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">280</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">272</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued operations (note
                    7)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">170</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">160</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">287</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">280</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">5.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="5">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional
                    items</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional operating
                    items*</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Gain on sale of associate
                    investments</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">22</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Gain on sale of other financial
                    assets</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">20</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Office reorganisations
                    (a)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(7)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Holiday Inn brand relaunch
                    (b)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(9)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">52</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax*</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax on exceptional operating
                    items</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(5)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Gain on disposal of
                    assets&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(note 7)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Gain on disposal of
                    assets</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax charge</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="204">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">*</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="592">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Relates to continuing
                    operations.<br>
                    </font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">a)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="592">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Relates to further costs incurred
                    on the relocation of the Group's head office and the closure of its Aylesbury
                    facility.</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">b)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="592">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Relates to costs incurred in
                    support of the worldwide relaunch of the Holiday Inn brand family that was
                    announced on 24 October 2007.</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="635">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></b><br>
                    </p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="635">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">The tax charge on the combined
                    profit from continuing and discontinued operations, excluding the impact of
                    exceptional items (note 5), has been calculated using an estimated effective
                    annual tax rate of 28% (2007 23%) analysed as follows.</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months ended 30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">rate</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">rate</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Before exceptional
                    items</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">135</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(37)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">119</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(22)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">139</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(39)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">28%</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">126</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(25)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">19%</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional
                    items</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(5)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">21</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">145</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(44)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">155</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(27)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed as:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="36">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="168">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">UK&nbsp;tax</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(13)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(15)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="36">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="168">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Foreign tax</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(31)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(12)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(44)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(27)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months ended 30
                    June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">rate</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">rate</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Before exceptional
                    items</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">229</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(64)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">197</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(44)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">236</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(67)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">28%</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">205</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(48)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">23%</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional
                    items</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">52</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued operations</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">232</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(69)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">265</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(46)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Analysed as:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="36">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="168">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">UK&nbsp;tax</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(17)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(22)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="36">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="168">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Foreign tax</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(52)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(24)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">_____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(69)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(46)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="68">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="71">
                &nbsp;</td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="635">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">By also excluding the effect of
                    prior year items, the equivalent effective tax rate would be approximately 37%
                    (2007 31%). Prior year items have been treated as relating wholly to continuing
                    operations.</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="655">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued
                    operations</font></b><br>
                    </p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="655">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Discontinued operations are those
                    relating to hotels sold or those classified as held for sale as part of the
                    asset disposal programme that commenced in 2003. These disposals underpin IHG's
                    strategy of growing its managed and franchised business whilst reducing asset
                    ownership.<br>
                    </font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="655">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">The results of discontinued
                    operations which have been included in the consolidated income statement, are
                    as follows:<br>
                    </font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Revenue</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">11</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">26</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">22</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">46</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cost of sales</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(7)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(18)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(15)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(35)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">11</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Depreciation and
                    amortisation</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Operating profit</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(2)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(3)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit after tax</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Gain on disposal of assets, net of
                    tax (note 5)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit for the period from
                    discontinued operations</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">10</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">10</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">cents per share</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">cents per share</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">cents per share</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended 30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">cents per share</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Earnings per share from
                    discontinued operations</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">0.7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3.0</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1.4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2.9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">0.7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2.9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1.4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2.9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="235">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="655">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">The effect of discontinued
                    operations on segment results is shown in the Interim Management Review.<br>
                    </font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font><br>
         &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="655">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Earnings per ordinary
                    share</font></b><br>
                    </p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="655">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic earnings per ordinary share
                    is calculated by dividing the profit for the period available for IHG equity
                    holders by the weighted average number of ordinary shares, excluding investment
                    in own shares, in issue during the period.<br>
                    &nbsp;<br>
                     Diluted earnings per ordinary share is calculated by adjusting basic earnings
                    per ordinary share to reflect the notional exercise of the weighted average
                    number of dilutive ordinary share options outstanding during the period.<br>
                    &nbsp;<br>
                     Adjusted earnings per ordinary share is disclosed in order to show performance
                    undistorted by exceptional items, to give a more meaningful comparison of the
                    Group's performance.</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">operations</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">operations</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic earnings per
                    share</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit available for equity
                    holders ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">99</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">101</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">118</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">128</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic weighted average number of
                    ordinary&nbsp;<br>
                     shares (millions)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">290</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">290</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">337</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">337</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic earnings per share
                    (cents)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34.1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34.8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">35.0</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">38.0</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted earnings per
                    share</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit available for equity
                    holders ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">99</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">101</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">118</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">128</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted weighted average number of
                    ordinary&nbsp;<br>
                     shares (millions)&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">296</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">296</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">346</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">346</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted earnings per share
                    (cents)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">33.4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34.1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34.1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">37.0</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">=====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">===</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">===</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted earnings per
                    share&nbsp;</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit available for equity
                    holders ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">99</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">101</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">118</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">128</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Less adjusting items (note
                    5):</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="300">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional operating items
                    ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(6)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(6)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(21)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(21)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="300">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="300">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Gain on disposal of assets, net of
                    tax ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(6)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted earnings ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">98</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">100</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">97</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">101</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic weighted average number of
                    ordinary&nbsp;<br>
                     shares (millions)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">290</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">290</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">337</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">337</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted earnings per share
                    (cents)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">33.8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34.5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">28.8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30.0</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted weighted average number of
                    ordinary&nbsp;<br>
                     shares (millions)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">296</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">296</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">346</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">346</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted diluted earnings per
                    share (cents)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">33.1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">33.8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">28.0</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">29.2</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="66">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="85">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="75">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="6">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Earnings per ordinary share
                    (continued)</font></b><br>
                    </p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="3">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">operations</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Continuing</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">operations</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic earnings per
                    share</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit available for equity
                    holders ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">159</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">163</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">209</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">219</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic weighted average number of
                    ordinary shares (millions)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">291</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">291</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">345</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">345</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic earnings per share
                    (cents)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">54.6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">56.0</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">60.6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">63.5</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted earnings per
                    share</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit available for equity
                    holders ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">159</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">163</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">209</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">219</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted weighted average number of
                    ordinary shares (millions)&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">297</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">297</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">354</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">354</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted earnings per share
                    (cents)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">53.5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">54.9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">59.0</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">61.9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted earnings per
                    share</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Profit available for equity
                    holders ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">159</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">163</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">209</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">219</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Less adjusting items (note
                    5):</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="300">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exceptional operating items
                    ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">4</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;(52)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">&nbsp;(52)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="300">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Tax ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="24">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="300">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Gain on disposal of assets, net of
                    tax ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(6)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted earnings ($m)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">165</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">169</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">153</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">157</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic weighted average number of
                    ordinary shares (millions)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">291</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">291</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">345</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">345</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted earnings per share
                    (cents)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">56.7</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">58.1</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">44.3</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">45.5</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Diluted weighted average number of
                    ordinary shares (millions)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">297</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">297</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">354</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">354</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Adjusted diluted earnings per
                    share (cents)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">55.6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">56.9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">43.2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">44.4</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="72">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="2">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="5">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">The diluted weighted average
                    number of ordinary shares is calculated as:<br>
                    </font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">millions</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">3 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">millions</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">millions</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">millions</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Basic weighted average number of
                    ordinary shares</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">290</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">337</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">291</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">345</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Dilutive potential ordinary shares
                    - employee share options</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">9</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">296</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">346</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">297</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">354</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">9.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="5">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Dividends</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">cents per share</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">cents per share</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Paid during the period:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Final (declared for previous
                    year)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">29.2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">25.9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">86</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">92</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Special interim</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">400.0</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">-</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1,397</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">29.2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">425.9</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">86</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1,489</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Proposed for the
                    period:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Interim</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12.2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">11.5</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">35</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">34</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="276">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">10.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="4">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net debt</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">31 December</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Cash and cash
                    equivalents</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">165</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">82</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">105</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Loans and other borrowings -
                    current</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(17)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(14)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(16)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Loans and other borrowings -
                    non-current</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,771)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,816)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,748)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net debt</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,623)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,748)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,659)</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Finance lease liability included
                    above</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(201)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(198)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(200)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">11.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="4">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Movement in net
                    debt</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12 months ended</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">31 December</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net increase/(decrease) in cash
                    and cash equivalents&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">64</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(278)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(237)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Add back cash flows in respect of
                    other components of net debt:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Increase in borrowings</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(11)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,192)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,108)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Decrease/(increase) in net debt
                    arising from cash flows</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">53</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,470)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,345)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Non-cash movements:</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Finance lease liability</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(8)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(18)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Exchange and other
                    adjustments</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(16)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(7)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(33)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Decrease/(increase) in net
                    debt</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">36</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,485)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,396)</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net debt at beginning of the
                    period</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,659)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(263)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(263)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net debt at end of the
                    period</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,623)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,748)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,659)</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="35">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="379">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="4">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net assets</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">restated*</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">31 December</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Americas</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">753</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">852</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">780</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">EMEA</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">725</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">779</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">756</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Asia&nbsp;Pacific</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">537</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">553</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">536</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Central</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">165</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">142</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">167</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2,180</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2,326</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2,239</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Net debt</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,623)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,748)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,659)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Unallocated assets and
                    liabilities</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(555)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(555)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(482)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">23</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">98</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">*</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="604">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Restated following the adoption of
                    IFRIC 14 (see note 1).</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">13.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" colspan="4">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Movement in IHG shareholders'
                    equity</font></b><br>
                    </p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2008</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months
                    ended&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">6 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">30 June</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">restated*</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2007</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12 months</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">ended&nbsp;</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">31 December</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">$m</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">At beginning of the
                    period</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">92</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1,330</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">1,330</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                &nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Total recognised income and
                    expense for the period</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">125</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">280</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">485</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Equity dividends paid</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(86)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,489)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(1,524)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Issue of ordinary
                    shares</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">2</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">26</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">32</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Purchase of own
                    shares&nbsp;</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(139)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(61)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(162)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Movement in shares in employee
                    share trusts</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(10)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(87)</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(117)</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Equity settled share-based cost,
                    net of payments</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">12</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">8</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">48</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">____</font></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">At end of the
                    period</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">(4)</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">7</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">92</font></b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="348">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="96">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="84">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="right">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">====</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="31">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">*</font></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="604">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Restated following the adoption of
                    IFRIC 14 (see note 1).</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">14.</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="636">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Capital commitments and
                    contingencies</font></b><br>
                    </p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="636">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">At 30 June 2008, the amount
                    contracted for but not provided for in the financial statements for expenditure
                    on property, plant and equipment was $66m (2007 31 December $20m; 30 June
                    $40m).<br>
                    &nbsp;<br>
                     At 30 June 2008, the Group had contingent liabilities of $19m (2007 31
                    December $10m; 30 June $10m), mainly comprising guarantees given in the
                    ordinary course of business.<br>
                    &nbsp;<br>
                     In limited cases, the Group may provide performance guarantees to third-party
                    owners to secure management contracts. The maximum exposure under such
                    guarantees is $223m (2007 31 December $243m; 30 June $231m). It is the view of
                    the Directors that, other than to the extent that liabilities have been
                    provided for in these financial statements, such guarantees are not expected to
                    result in financial loss to the Group.<br>
                    &nbsp;<br>
                     The Group has given warranties in respect of the disposal of certain of its
                    former subsidiaries. It is the view of the Directors that, other than to the
                    extent that liabilities have been provided for in these financial statements,
                    such warranties are not expected to result in financial loss to the
                    Group.</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">15</font></b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="636">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Other
                    commitments</font></b><br>
                    </p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="636">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">In March and June 2007, the Group
                    made the first two payments of $20m under the agreement to make special pension
                    contributions of $80m to the&nbsp;UK&nbsp;pension plan. A further payment of
                    $20m was made on 31 January 2008 and the final $20m is scheduled for payment in
                    2009.<br>
                    &nbsp;<br>
                     On 24 October 2007, the Group announced a worldwide relaunch of its Holiday
                    Inn brand family. In support of this relaunch, IHG will make a non recurring
                    revenue investment of $60m which will be charged to the income statement as an
                    exceptional item, of which $9m has been charged in the first six months of
                    2008.</font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">
        &nbsp;&nbsp;</font></font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        </p>

        <table cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="636">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">INDEPENDENT REVIEW REPORT
                    TO&nbsp;</font></b>
                    <b><font style="TEXT-TRANSFORM: uppercase; FONT-FAMILY: 'TIMES NEW ROMAN'">InterContinental
                    Hotels Group pLC</font></b><br>
                    </p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="43">
                &nbsp;</td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="636">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Introduction</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">We have been engaged by the
                    Company to review the condensed set of financial statements in the interim
                    financial report for the three and six months ended 30 June 2008 which
                    comprises the Group income statements, Group statement of recognised income and
                    expense, Group cash flow statement, Group balance sheet and the related notes 1
                    to 15. We have read the other information contained in the interim financial
                    report and considered whether it contains any apparent misstatements or
                    material inconsistencies with the information in the condensed set of financial
                    statements.</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">This report is made solely to the
                    Company in accordance with guidance contained in ISRE 2410
                    (UK&nbsp;and&nbsp;Ireland) 'Review of Interim Financial Information Performed
                    by the Independent Auditor of the Entity' issued by the Auditing Practices
                    Board. To the fullest extent permitted by law, we do not accept or assume
                    responsibility to anyone other than the Company, for our work, for this report,
                    or for the conclusions we have formed.</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Directors'
                    Responsibilities</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">The interim financial report is
                    the responsibility of, and has been approved by, the Directors. The Directors
                    are responsible for preparing the interim financial report in accordance with
                    the Disclosure and Transparency Rules of the&nbsp;United Kingdom's Financial
                    Services Authority.</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">As disclosed in note 1, the annual
                    financial statements of the Group are prepared in accordance with IFRSs as
                    adopted by the European Union. The condensed set of financial statements
                    included in this interim financial report has been prepared in accordance with
                    International Accounting Standard 34, 'Interim Financial Reporting', as adopted
                    by the European Union.<br>
                    <br>
                    &nbsp;</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Our
                    Responsibility</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Our responsibility is to express
                    to the Company a conclusion on the condensed set of financial statements in the
                    interim financial report based on our review.</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Scope of Review</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">We conducted our review in
                    accordance with International Standard on Review Engagements (UK and Ireland)
                    2410, 'Review of Interim Financial Information Performed by the Independent
                    Auditor of the Entity' issued by the Auditing Practices Board for use in the
                    United Kingdom. A review of interim financial information consists of making
                    enquiries, primarily of persons responsible for financial and accounting
                    matters, and applying analytical and other review procedures. A review is
                    substantially less in scope than an audit conducted in accordance with
                    International Standards on Auditing (UK&nbsp;and&nbsp;Ireland) and consequently
                    does not enable us to obtain assurance that we would become aware of all
                    significant matters that might be identified in an audit. Accordingly we do not
                    express an audit opinion.</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Conclusion</font></b></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Based on our review, nothing has
                    come to our attention that causes us to believe that the condensed set of
                    financial statements in the interim financial report for the three and six
                    months ended 30 June 2008 is not prepared, in all material respects, in
                    accordance with International Accounting Standard 34 as adopted by the European
                    Union and the Disclosure and Transparency Rules of the United Kingdom's
                    Financial Services Authority.</font></p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>

                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-FAMILY: 'TIMES NEW ROMAN'">Ernst &amp; Young LLP<br>
                    London<br>
                    11 August 2008</font></p>
                </td>
            </tr>
        </table>
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'">&nbsp;</font> <br>
        <br>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'"><br>
        &nbsp;</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        <font style="FONT-SIZE: 10pt">SIGNATURES</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">
        &nbsp;</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        <font style="FONT-SIZE: 10pt">Pursuant to the requirements of the Securities Exchange Act
        of 1934, the registrant has duly caused this report to be signed on its behalf by the
        undersigned, thereunto duly authorized.</font></p>

        <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
        &nbsp;</p>

        <p></p>

        <p></p>

        <table cellspacing="0" cellpadding="0" width="100%" border="0">
            <tr>
                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    </p>
                </td>

                <td valign="bottom" width="5%">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    </p>
                </td>

                <td valign="bottom" width="45%">
                    <p style="MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <b><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'SERIF'">InterContinental Hotels
                    Group PLC</font></b></p>
                </td>
            </tr>

            <tr>
                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    </p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    </p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'SERIF'">(Registrant)</font></p>
                </td>
            </tr>

            <tr>
                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>
            </tr>

            <tr>
                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    </p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'SERIF'">By:</font></p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <u><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'SERIF'">/s/ C.
                    Cox</font></u></p>
                </td>
            </tr>

            <tr>
                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    </p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'SERIF'">Name:</font></p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'SERIF'">C. COX</font></p>
                </td>
            </tr>

            <tr>
                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    </p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'SERIF'">Title:</font></p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'SERIF'">COMPANY SECRETARIAL
                    OFFICER</font></p>
                </td>
            </tr>

            <tr>
                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>
            </tr>

            <tr>
                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    </p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'SERIF'">Date:</font></p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'SERIF'">12 August 2008</font></p>
                </td>
            </tr>

            <tr>
                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>

                <td valign="bottom">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">
                    &nbsp;</p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>
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</TEXT>
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