-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 KGMNBMf9v0c579YLGAlsG0AB8N74kDfqESs9bYgSvmPvrbalZeZa2eYefhSg3R/a
 a05GTmhiREnnGHJ1cNbwMw==

<SEC-DOCUMENT>0001191638-10-000142.txt : 20100216
<SEC-HEADER>0001191638-10-000142.hdr.sgml : 20100215
<ACCEPTANCE-DATETIME>20100216065112
ACCESSION NUMBER:		0001191638-10-000142
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100216
FILED AS OF DATE:		20100216
DATE AS OF CHANGE:		20100216

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:		10602284

	BUSINESS ADDRESS:	
		STREET 1:		BROADWATER PARK
		STREET 2:		DENHAM
		CITY:			BUCKINGHAMSHIRE
		STATE:			X0
		ZIP:			UB9 5HJ
		BUSINESS PHONE:		4045513500

	MAIL ADDRESS:	
		STREET 1:		BROADWATER PARK
		STREET 2:		DENHAM
		CITY:			BUCKINGHAMSHIRE
		STATE:			X0
		ZIP:			UB9 5HJ

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SIX CONTINENTS PLC
		DATE OF NAME CHANGE:	19950531
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ihg201002166k.htm
<DESCRIPTION>FULL YEAR RESULTS TO 31 DECEMBER 2009
<TEXT>
<html>
    <head>
        <title></title>
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    <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&nbsp;16 February 2010</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">Broadwater Park, Denham, Buckinghamshire, UB9 5HJ, United Kingdom&nbsp;<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-->
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        <!-- 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">&nbsp;</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">&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">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">Full Year Results to 31 December 2009&nbsp;dated&nbsp;16 February 2010</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">
                    <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>
        </table>
        <br>
        <br>

        <p>&nbsp;</p>

        <p></p>
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        <br>

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

        <p><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'COURIER NEW'">Exhibit No: 99.1&nbsp;</font></p>

        <p>&nbsp;</p>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
            <div style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: arial">
                <b><font face="arial"><font face="arial">InterContinental Hotels Group PLC</font></font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
            <div style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial">Full Year Results to 31 December 2009</font></font>
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 165px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Financial results</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 55px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><u><font face="arial">2009</font></u></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><u><font face="arial">2008</font></u></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 160px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><u><font face="arial">% change</font></u></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 165px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><u><font face="arial">% change CER</font></u></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 165px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 55px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 47px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Total</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                                <font face="arial"><font face="arial">Excluding LDs</font></font>
                            </div>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><sup><font face="arial">1</font></sup></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Total</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 89px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                                <font face="arial"><font face="arial">Excluding LDs</font></font>
                            </div>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><sup><font face="arial">1</font></sup></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 165px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Revenue </font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: arial">
                            <font face="arial"><sup><font face="arial">2</font></sup></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 55px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">$1,538m</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">$1,897m</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 47px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(19)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(18)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(17)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 89px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(16)%</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 165px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Operating profit </font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: arial">
                            <font face="arial"><sup><font face="arial">2</font></sup></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 55px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">$363m</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">$549m</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 47px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(34)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(30)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(36)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 89px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(32)%</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 165px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Total adjusted EPS </font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: arial">
                            <font face="arial"><sup><font face="arial">2</font></sup></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 55px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">102.8 &cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">120.9 &cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 47px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(15)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 89px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 165px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Total basic EPS </font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: arial">
                            <font face="arial"><sup><font face="arial">3</font></sup></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 55px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">74.7 &cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">91.3 &cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 47px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(18)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 89px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 165px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Total dividend per share</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 55px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">41.4&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">41.4&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 47px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 89px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 165px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Net debt</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 55px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">$1,082m</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">$1,273m</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 47px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 89px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 16pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 10pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial">All figures are before exceptional items unless otherwise noted.&nbsp; See appendices 2 and 3 for analysis of financial headlines.&nbsp; Constant exchange rate comparatives shown in appendix 4.&nbsp; (% CER)&nbsp; = change at constant exchange rates.</font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 10pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                <font face="arial"><sup><font face="arial">1</font></sup></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial">- excluding $3m of significant liquidated damages (LDs) receipts in </font></font>

                <div style="DISPLAY: inline; COLOR: black">
                    <font face="arial"><font face="arial">2009 and $33m in 2008.</font></font>
                </div>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><sup><font face="arial">2</font></sup></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">- h </font></font></font></font>

                <div style="DISPLAY: inline; COLOR: black">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">otels previously accounted for as discontinued operations have been re-presented as continuing operations and the relevant comparatives restated.</font></font></font></font>
                </div>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><sup><font face="arial">3</font></sup></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">- total basic EPS after exceptional items.</font></font></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><sup><font face="arial">4 </font></sup></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="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></font></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 3pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 707px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Business headlines</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Global constant currency RevPAR decline of 14.7%, with a fourth quarter decline of 10.9%. </font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">26,828 net rooms (252 hotels) added taking system size to 646,679 rooms (4,438 hotels), up 4% year on year.</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">55,345 rooms (439 hotels) added to the system, 28,517 rooms (187 hotels) removed. &nbsp;</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">52,891 rooms (345 hotels) signed, taking the pipeline to 210,363 rooms (1,438 hotels).</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Total gross revenue</font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: arial">
                            <font face="arial"><sup><font face="arial">4 </font></sup></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">from all hotels in IHG's system $16.8bn (2008 $19.1bn)</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">EPS benefited from effective tax rate of 5% (2008: 23%) due to the release of certain prior year tax contingencies, primarily as a result of the final resolution of various tax audits</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Final dividend maintained at 29.2</font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;, equivalent to 18.7p. Total dividend of 41.4&cent;, flat on 2008.</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Exceptional operating charges of $373m include: (i) $197m of non-cash asset impairments; and (ii) $91m charge related to a management contract in the US.</font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 3pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 3pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 707px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Recent trading</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">January global constant currency RevPAR decline of 3.8%; -7.2% Americas, -3.1% EMEA and +11.1% Asia Pacific, in part favourably impacted by the movement of Chinese New Year into February</font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">.</font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 6pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 707px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Update on priorities</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 12.1pt">
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none; HEIGHT: 12.1pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none; HEIGHT: 12.1pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                                <font face="arial"><font face="arial">Focus on efficiency</font></font>
                            </div>
                        </div>

                        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                                <font face="arial"><font face="arial">.</font></font>
                            </div>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            &nbsp;
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">2009 regional and central costs $95m (31%) below 2008 levels, including around $50m of sustainable savings.&nbsp; Additional sustainable savings of around $25m delivered in managed and franchised cost of sales driving strong underlying margin performance.&nbsp; In 2010 these c.$75m of sustainable savings will be maintained in both regional and central costs and cost of sales.</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                                <font face="arial"><font face="arial">Support hotel performance</font></font>
                            </div>
                        </div>

                        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                                <font face="arial"><font face="arial">.</font></font>
                            </div>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">IHG's brands outperformed the market by 4.3 percentage points in fastest growing APAC region and Americas' RevPAR outperformed by 0.5 percentage points.&nbsp; System delivery continued to improve with 68% of rooms revenue booked through IHG's channels or by Priority Club Rewards members direct to hotel (2008: 64%). &nbsp;24% of rooms revenue booked through the internet (2008: 20%). Priority Club Rewards members now total over 48m
                            (2008: 42m). </font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 12px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&middot;</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 666px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                                <font face="arial"><font face="arial">Build quality distribution.</font></font>
                            </div>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">1,832 hotels are operating under the new Holiday Inn standards, 54% of the total estate.&nbsp; 75,000 rooms under construction of which over 50% are expected to open this year. &nbsp;2010 r</font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">oom removals are still expected to be in the region of 40,000.</font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 6pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <p></p>

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            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Commenting on the results, Andrew Cosslett, Chief Executive of InterContinental Hotels Group PLC said:</font></font></b>
                        </div>
                    </div>
                </td>
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            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">"2009 was a very challenging year for the industry.&nbsp; The fourth quarter did show some improvement in trends and o </font></font></font></font>

                            <div style="DISPLAY: inline; COLOR: black">
                                <font face="arial"><font face="arial"><font face="arial"><font face="arial">ccupancy has now stabilised.&nbsp; Rate however remains under pressure and we expect trading to&nbsp;stay tough until business travellers return in greater numbers.</font></font></font></font>
                            </div>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; COLOR: black; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">"Through the year we took decisive action to reduce costs and improve efficiencies.&nbsp; Our margin performance, as a result, was good and </font></font></font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">our cash control enabled us to reduce our net debt from $1.3bn to $1.1bn.</font></font></font></font>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">&nbsp;"Our focus on strengthening the quality of our system did not waver.&nbsp; We opened a record 439 hotels&nbsp;in the&nbsp;year and signed 345 hotels into our pipeline, a good result given the challenging financing environment.&nbsp; We removed 187 hotels in the year and now have over 50% of the Holiday Inn estate operating under relaunched standards.&nbsp; We expect to complete this $1
                            billion programme on schedule and we are seeing&nbsp;better </font></font></font></font>

                            <div style="DISPLAY: inline; COLOR: black">
                                <font face="arial"><font face="arial"><font face="arial"><font face="arial">performance from relaunched hotels.</font></font></font></font>
                            </div>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; COLOR: black; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">"Our business model has proved its resilience through this downturn and, with our global scale, powerful system and attractive brands, we expect to take full advantage of the upturn when it&nbsp;comes."</font></font></font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 707px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Americas</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 143.2pt">
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid; HEIGHT: 143.2pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Revenue performance</font></font></b>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">RevPAR declined 14.9% in 2009, with a fourth quarter decline of 12.5%. &nbsp;Revenues declined 20% to $772m. &nbsp;Excluding one $13m liquidated damages receipt in 2008, revenues declined 19%.</font></font></font></font>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Operating profit performance</font></font></b>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Operating profit declined 38% from $465m to $288m, or 36% excluding the $13m liquidated damages receipt in 2008. &nbsp;Owned and leased hotels' operating profit fell from $55m to $11m, driven by an overall RevPAR decline of 24.5% and a particularly challenging trading environment in New York.&nbsp; In the managed business, excluding the $13m liquidated damages receipt in 2008, operating profit declined $78m to a loss of $40m.
                            &nbsp;This was driven by a RevPAR decline of 17.8% which resulted in IHG funding shortfalls in guaranteed owners' priority returns on a number of hotels managed for one owner. &nbsp;At year end an exceptional charge of $91m was recognised comprising the write off of a cash deposit related to these hotels and a provision for the total estimated net cash outflows to this owner under the guarantee.&nbsp; Therefore future payments to this owner will be charged against
                            the provision and will not impact operating results. &nbsp;Franchised hotels' operating profit fell 15% to $364m driven by a royalty fee decline of 10% and a 46% reduction in initial franchising, relicensing and termination fees.</font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 707px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">EMEA</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 27.5pt">
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid; HEIGHT: 27.5pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Revenue performance</font></font></b>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">RevPAR declined 14.8% in 2009, with a fourth quarter decline of 10.4%. &nbsp;The UK performed best with a full year RevPAR decline of 9.8% and a 5.8% fourth quarter decline.&nbsp; Revenues declined 23% to $397m (17% at CER). &nbsp;Excluding one liquidated damages receipt of $3m in 2009 and two totalling $16m in 2008, revenues declined 22% (15% CER). </font></font></font></font>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                                <font face="arial"><font face="arial">Operating profit performance</font></font>
                            </div>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Operating profit declined 26% (23% CER) from $171m to $127m or 20% (17% at CER) excluding the net impact of the liquidated damages receipts. &nbsp;Owned and leased hotels' operating profit was down $12m to $33m.&nbsp; InterContinental Park Lane, London delivered a strong relative performance with RevPAR down just 1.7% during the year.&nbsp; Managed hotels' operating profit declined by $30m to $65m, or by $21m, excluding the
                            impact of the liquidated damages receipt in 2008. &nbsp;This was driven primarily by challenging trading across the Continental European estate where RevPAR fell 19.6%.&nbsp; Excluding the net $4m liquidated damages receipt, franchised hotels' operating profit declined $11m to $57m (9% at CER) driven by a RevPAR decline of 14.9%, partially offset by a 6% increase in room count. </font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 707px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Asia Pacific</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 59.55pt">
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid; HEIGHT: 59.55pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Revenue performance</font></font></b>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 3pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">RevPAR declined 13.5% </font></font>

                            <div style="DISPLAY: inline; COLOR: black">
                                <font face="arial"><font face="arial">, with a fourth quarter decline of 4.6%.&nbsp; </font></font>
                            </div>
                            <font face="arial"><font face="arial">IHG's brands outperformed the market in Greater China by 8.9 percentage points with a RevPAR decline of 16.9% and occupancy growth of 0.2%.&nbsp; Excluding one $4m liquidated damages receipt in 2008, revenues declined 14% (15% CER) to $245m. </font></font>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                                <font face="arial"><font face="arial">Operating profit performance</font></font>
                            </div>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Excluding the liquidated damages receipt received in 2008, operating profit declined 19% from $64m to $52m. &nbsp;Operating profit at owned and leased hotels fell $13m to $30m primarily reflecting a RevPAR decline of 22.2% at InterContinental Hong Kong. &nbsp;Managed hotels' operating profit declined $11m to $44m (16% at CER) driven by a 12.5% RevPAR decline. Excluding the $4m liquidated damages receipt in 2008, franchised
                            hotels' operating profit increased $1m to $5m.</font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 707px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Interest, tax and exceptional items</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 50.1pt">
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid; HEIGHT: 50.1pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">The interest charge for the period fell $47m to $54m due to a reduction in interest rates and lower average net debt.&nbsp; </font></font>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">The effective tax rate for 2009 is 5% (2008: 23%) due to the release of certain prior year tax contingencies, primarily as a result of the final resolution of various tax audits.&nbsp; The underlying tax rate before the impact of prior year items is 42% (2008: 39%).&nbsp; The reported tax rate may continue to vary year-on-year but is expected to increase in the medium term.&nbsp; </font></font>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">The $373m exceptional operating charge includes (i) $197m of non-cash asset impairments; (ii) $91m charge related to a management contract in the US; (iii) $43m reorganisation and severance costs; (iv) $21m enhanced pensions transfer; and (v) $19m in respect of the Holiday Inn relaunch.</font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 12pt">
                &nbsp;
            </div>
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 12pt">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 707px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Cash flow &amp; net debt</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 27.9pt">
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid; HEIGHT: 27.9pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Growth capital expenditure of $91m included a $65m payment on completion of the Hotel Indigo San Diego. &nbsp;Maintenance capital expenditure of $57m was 42% below 2008 levels.&nbsp; </font></font>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">IHG's balance sheet has been strengthened with net debt reduced to $1.1bn (including the $204m finance lease on the InterContinental Boston).&nbsp; IHG has extended its maturities and diversified its debt profile issuing a seven year &pound;250m bond in the fourth quarter and refinancing $415m of the $500m term loan expiring in November 2010.&nbsp; In addition, IHG has a $1.6bn revolving credit facility expiring May
                            2013.</font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 707px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">RevPAR Sensitivity</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 27.9pt">
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 692px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid; HEIGHT: 27.9pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">IHG now estimates that a 1% change in global RevPAR impacts Group EBIT by $13m, split as follows: $4m owned &amp; leased; $4m managed (of which $1m relates to the Americas managed business); and $5m franchised.</font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">Appendix 1: </font></font></font></font>
                </div>
            </div>

            <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">Rooms</font></font></font></font>
                </div>
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 678px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 153px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial"><br>
                            </font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 118px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Americas</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">EMEA</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 115px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Asia Pacific</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 121px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Total</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 153px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Openings</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 118px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">40,584</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">6,427</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 115px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">8,334</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 121px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">55,345</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 153px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Removals</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 118px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(21,720)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(2,838)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 115px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(3,959)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 121px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(28,517)</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 153px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Net openings</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 118px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">18,864</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">3,589</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 115px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">4,375</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 121px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">26,828</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 153px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">Signings</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 118px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">29,353</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 99px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">8,442</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 115px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">15,096</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 121px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">52,891</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <b><font face="arial"><font face="arial">Appendix 2: &nbsp;Full year financial headlines</font></font></b>
            </div>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 678px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Twelve months to 31 December &nbsp;$m</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 80px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Total</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 80px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Americas</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 80px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">EMEA</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 80px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Asia Pacific</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 80px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Central</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial"><br>
                            </font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">2009</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><i><font face="arial"><font face="arial">2008*</font></font></i></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">2009</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><i><font face="arial"><font face="arial">2008*</font></font></i></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">2009</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><i><font face="arial"><font face="arial">2008</font></font></i></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">2009</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><i><font face="arial"><font face="arial">2008</font></font></i></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">2009</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><i><font face="arial"><font face="arial">2008</font></font></i></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Franchised operating profit </font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">429</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">509</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">364</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">426</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">60</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">75</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">5</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">8</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Managed operating profit</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">69</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">201</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(40)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">51</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">65</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">95</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">44</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">55</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Owned and leased operating profit</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">74</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">143</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">11</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">55</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">33</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">45</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">30</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">43</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Regional overheads</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(105)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(149)</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(47)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(67)</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(31)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(44)</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(27)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(38)</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Operating profit pre central overheads</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">467</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">704</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">288</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">465</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">127</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">171</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">52</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">68</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Central overheads</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(104)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(155)</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(104)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(155)</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Operating profit</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">363</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">549</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">288</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">465</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">127</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">171</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">52</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">68</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(104)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(155)</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">* 2008 comparatives restated </font></font></font></font>

                <div style="DISPLAY: inline; COLOR: black">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">for those owned hotels previously accounted for as discontinued operations, now re-presented as continuing operations. </font></font></font></font>
                </div>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <b><font face="arial"><font face="arial">Appendix 3:&nbsp; Fourth quarter financial headlines </font></font></b>
            </div>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 678px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: medium none" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Three months to 31 December &nbsp;$m</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 80px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Total</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 80px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Americas</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 78px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">EMEA</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 82px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Asia Pacific</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 81px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Central</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial"><br>
                            </font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">2009</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1.5pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><i><font face="arial"><font face="arial">2008*</font></font></i></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">2009</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><i><font face="arial"><font face="arial">2008*</font></font></i></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 28px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">2009</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 36px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><i><font face="arial"><font face="arial">2008</font></font></i></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">2009</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 35px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><i><font face="arial"><font face="arial">2008</font></font></i></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">2009</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 34px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <b><i><font face="arial"><font face="arial">2008</font></font></i></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Franchised operating profit</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">98</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">107</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">83</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">91</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 28px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">14</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 36px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">15</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">1</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 35px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">1</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 34px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Managed operating profit</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">7</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">33</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(19)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">1</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 28px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">17</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 36px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">20</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">9</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 35px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">12</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 34px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Owned and leased operating profit</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">29</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">44</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">4</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">16</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 28px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">11</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 36px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">12</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">14</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 35px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">16</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 34px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Regional overheads</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(26)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(40)</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(11)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(21)</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 28px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(9)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 36px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(11)</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(6)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 35px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(8)</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 34px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Operating profit pre central overheads</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">108</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">144</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">57</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">87</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 28px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">33</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 36px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">36</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">18</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 35px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">21</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 34px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Central overheads**</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(48)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(39)</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 28px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 36px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">-</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 35px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">-</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(48)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 34px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(39)</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1.5pt solid; WIDTH: 191px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Operating profit</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">60</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">105</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">57</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 33px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">87</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 28px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">33</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 36px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">36</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">18</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 35px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">21</font></font></i>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 32px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(48)</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1.5pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 34px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1.5pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <i><font face="arial"><font face="arial">(39)</font></font></i>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">*2008 comparatives restated </font></font></font></font>

                <div style="DISPLAY: inline; COLOR: black">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">for those owned hotels previously accounted for as discontinued operations, now re-presented as continuing operations. </font></font></font></font>
                </div>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">**Fourth quarter 2009 central costs impacted by c.$10m provision related to certain incentive plans.</font></font></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">Appendix 4: </font></font></font></font>
                </div>
            </div>

            <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">Constant currency operating profit movement before exceptional items.</font></font></font></font>
                </div>
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; WIDTH: 679px; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 50px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 137px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Americas</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 146px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">EMEA</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 137px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Asia Pacific</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 138px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Total***</font></font></b>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 50px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 63px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Actual currency*</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 60px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Constant currency**</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Actual currency*</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 71px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Constant currency**</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Actual currency*</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Constant</font></font>
                        </div>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Currency**</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Actual currency*</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 62px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Constant currency**</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 50px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(Decline)/ growth</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 63px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(38)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 60px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(38)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(26)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 71px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(23)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(24)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(24)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 61px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(34)%</font></font>
                        </div>
                    </div>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: medium none; WIDTH: 62px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">(36)%</font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 125px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">Exchange rates</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 127px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">GBP:USD</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial">EUR: USD</font></font></b>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 5px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <b><font face="arial"><font face="arial"><br>
                            </font></font></b>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 279px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">*&nbsp;&nbsp; US dollar actual currency;</font></font></font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 125px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">2009</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 127px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">0.64</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">0.72</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 5px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial"><br>
                            </font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 279px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">** Translated at constant 2008 exchange rates;</font></font></font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 125px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">2008</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 127px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">0.55</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 2pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">0.68</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 5px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 2pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 279px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 2pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">*** After Central Overheads</font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                &nbsp;
            </div>

            <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">Appendix 5: Investor information for 2009 final dividend</font></font></font></font>
                </div>
            </div>
        </div>

        <p></p>

        <table style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: -5.4pt; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: black 1pt solid; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 664px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Ex-dividend Date:&nbsp; 24 March 2010</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 664px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Record Date: &nbsp;26 March 2010</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 664px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Payment Date: &nbsp;4 June 2010</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: black 1pt solid; PADDING-RIGHT: 5.4pt; BORDER-TOP: medium none; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; BORDER-LEFT: black 1pt solid; WIDTH: 664px; PADDING-TOP: 0cm; BORDER-BOTTOM: black 1pt solid" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">Dividend payment:&nbsp; Ordinary shares 18.7p per share: ADRs 29.2</font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>

                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">per ADR </font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <font face="arial"><br>
                <br>
                </font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 3pt 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <b><font face="arial"><font face="arial">For further information, please contact:</font></font></b>
            </div>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 688px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr height="37">
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top" width="398">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Investor Relations (Alex Shorland-Ball; Catherine Dolton): </font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 127px; PADDING-TOP: 0cm" valign="top" width="80%">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: -5.4pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial" size="2">&nbsp;+44 (0) 1895 512 176</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 127px; PADDING-TOP: 0cm" valign="top" width="122">
                    <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: -5.4pt; FONT-FAMILY: arial" align="right">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top" width="398">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Media Affairs (Leslie McGibbon; Emma Corcoran): </font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 127px; PADDING-TOP: 0cm" valign="top" width="160">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial" size="2">+44 (0) 1895 512 425 </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 127px; PADDING-TOP: 0cm" valign="top" width="122">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font size="2">+44 (0) 7808 094</font> 471</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top" width="398">
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                        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial"><br>
                            </font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 127px; PADDING-TOP: 0cm" valign="top" width="160">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 127px; PADDING-TOP: 0cm" valign="top" width="122">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
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                </td>
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        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <b><font face="arial"><font face="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></font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 50%; FONT-FAMILY: arial" align="justify">
            <div style="DISPLAY: inline; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <b><font face="arial"><font face="arial">Presentation for Analysts and Shareholders</font></font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">A presentation with Andrew Cosslett (Chief Executive) and Richard Solomons (Chief Financial Officer and Head of Commercial Development) will commence at 9.30am (London time) on 16 February at JP Morgan Cazenove, 20 Moorgate, London, EC2R 6DA.&nbsp; There will be an opportunity to ask questions.&nbsp; The presentation will conclude at approximately 10.30am (London time).</font></font></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 50%; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; LINE-HEIGHT: 50%; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 6pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-FAMILY: arial">
                <font face="arial"><font face="arial">There will be a live audio webcast of the results presentation on the web address </font></font>
            </div>

            <div style="DISPLAY: inline; FONT-FAMILY: arial">
                <div style="DISPLAY: inline">
                    <font face="arial"><font face="arial">www.ihg.com/prelims10</font></font>
                </div>
            </div>

            <div style="DISPLAY: inline; FONT-FAMILY: arial">
                <font face="arial"><font face="arial">.&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; There will also be a live dial-in facility</font></font>
            </div>
        </div>

        <p></p>

        <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">International dial-in</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 411px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">0203 0379090</font></font></font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 50%; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; LINE-HEIGHT: 50%; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 12pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <b><font face="arial"><font face="arial">US Q&amp;A conference call</font></font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">There will also be a conference call, primarily for US investors and analysts, at 9.00am (Eastern Standard Time) on 16 February with Andrew Cosslett (Chief Executive) and Richard Solomons (Chief Financial Officer and Head of Commercial Development).&nbsp; There will be an opportunity to ask questions.</font></font></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 50%; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; LINE-HEIGHT: 50%; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">International dial-in </font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 193px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">+44 (0)207 108 6370</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 137px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial"><br>
                            </font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 90px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial"><br>
                            </font></font></font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">US Dial-in</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 193px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">517 345 9004</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 137px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">US Toll Free </font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 90px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">866 692 5726</font></font></font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">Conference ID:</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 193px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">HOTEL</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 137px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial"><br>
                            </font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 90px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial"><br>
                            </font></font></font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 50%; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; LINE-HEIGHT: 50%; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">A recording of the conference call will also be available for 7 days.&nbsp; To access this please dial the relevant number below and use the access number 6370.</font></font></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 50%; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; LINE-HEIGHT: 50%; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 112px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">International dial-in</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 285px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">+44 (0)20 7970 8458</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 137px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">US Toll Free</font></font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 90px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 11pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><font face="arial"><font face="arial">877 814 5617</font></font></font></font>
                        </div>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial"><strong>Website</strong></font></font></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">The full release and supplementary data will be available on our website from 7.00 am (London time) on 16 February. The web address is </font></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-FAMILY: arial">
                <div style="DISPLAY: inline">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">www.ihg.com/prelims10</font></font></font></font>
                </div>
            </div>

            <div style="DISPLAY: inline; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">.</font></font></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial">To watch a video of Andrew Cosslett reviewing our results visit our YouTube channel at </font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <div style="DISPLAY: inline">
                    <font face="arial"><font face="arial">www.youtube.com/ihgplc</font></font>
                </div>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <b><font face="arial"><font face="arial">Notes to Editors: </font></font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">InterContinental Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)] is the world's largest hotel group by number of rooms.&nbsp; IHG owns, manages, leases or franchises, through various subsidiaries, over 4,400 hotels and more than 645,000 guest rooms in over 100 countries and territories around the world.&nbsp; The Group owns a portfolio of well recognised and respected hotel brands including
                InterContinental<sup>&reg;</sup> Hotels &amp; Resorts, Hotel Indigo<sup>&reg;</sup>, Crowne Plaza<sup>&reg;</sup> Hotels &amp; Resorts, Holiday Inn<sup>&reg;</sup> Hotels and Resorts, Holiday Inn Express<sup>&reg;</sup>, Staybridge Suites<sup>&reg;</sup> and Candlewood Suites<sup>&reg;</sup>, and also manages </font></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">the world's largest hotel loyalty programme, Priority Club</font></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><sup><font face="arial">&reg;</font></sup></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><sup>&nbsp;</sup> </font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">Rewards </font></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">with 48 million members worldwide.</font></font></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial">IHG has nearly 1,400 hotels in its development pipeline, which will create 160,000 jobs worldwide over the next few years.</font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                <font face="arial"><font face="arial">InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales.</font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="justify">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">IHG offers information and online reservations for all its hotel brands at </font></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                <div style="DISPLAY: inline">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">www.ihg.com</font></font></font></font>
                </div>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">and information for the Priority Club Rewards programme at </font></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                <div style="DISPLAY: inline">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">www.priorityclub.com</font></font></font></font>
                </div>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">. For the latest news from IHG, visit our online Press Office at </font></font></font></font>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                <div style="DISPLAY: inline">
                    <font face="arial"><font face="arial"><font face="arial"><font face="arial">www.ihg.com/media</font></font></font></font>
                </div>
            </div>

            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">.</font></font></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; LAYOUT-GRID-MODE: line; FONT-FAMILY: arial">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <b><font face="arial"><u><font face="arial">Cautionary note regarding forward-looking statements</font></u></font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
                <font face="arial"><font face="arial"><font face="arial"><font face="arial">This announcement contains certain forward-looking statements as defined under US law (Section 21E of the Securities Exchange Act of 1934).&nbsp; These forward-looking statements can be identified by the fact that they do not relate to historical or current facts.&nbsp; Forward-looking statements often use words such as 'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan', 'goal', 'believe' or
                other words of similar meaning.&nbsp; By their nature, forward-looking statements are inherently predictive, speculative and involve risk and uncertainty.&nbsp; 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.&nbsp; 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></font></font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">This business review (BR) provides a commentary on the performance of InterContinental Hotels Group PLC (the Group or IHG) for the financial year ended 31 December 2009.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                <b><font face="arial">Group Performance</font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12 months ended 31 December</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Group results</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">$m</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">change</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Revenue</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Americas</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">772</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">963</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(19.8)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">EMEA</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">397</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">518</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(23.4)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Asia Pacific</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">245</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">290</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(15.5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Central</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">124</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">126</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1.6)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,538</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,897</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(18.9)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Operating profit</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Americas</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">288</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">465</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(38.1)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">EMEA</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">127</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">171</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(25.7)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Asia Pacific</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">52</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">68</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(23.5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Central</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(104)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(155)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">32.9</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">363</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">549</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(33.9)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Exceptional operating items</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(373)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(132)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(182.6)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">___</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(10)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">417</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(102.4)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Net financial expenses</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(54)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(101)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">46.5</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">___</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">(Loss)/profit before tax</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(64)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">316</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(120.3)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">___</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Earnings per ordinary share</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm -7.2pt 0pt 0cm; FONT-FAMILY: arial">
                        <font face="arial">Basic</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">74.7&cent;</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">91.3&cent;</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(18.2)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm -7.2pt 0pt 0cm; FONT-FAMILY: arial">
                        <font face="arial">Adjusted</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">102.8&cent;</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">120.9&cent;</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(15.0)</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Group results</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Revenue decreased by 18.9% to $1,538m and operating profit before exceptional items decreased by 33.9% to $363m during the 12 months ended 31 December 2009.&nbsp; Included in these results are $3m of significant liquidated damages received by IHG in 2009 in respect of the settlement of a franchise contract in the EMEA region. During 2008, significant liquidated damages totalling $33m were received across the Group. Excluding
            these, revenue and operating profit before exceptional items decreased by 17.7% and 30.2% respectively.&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">The results reflect the challenging global economic environment faced by the Group throughout 2009.&nbsp; Group RevPAR fell 14.7% during the year, with declines in both occupancy and rate.&nbsp; However, stabilising occupancy levels in the fourth quarter indicated a slight rebound in trading conditions which resulted in a RevPAR decline of 10.9% compared to the fourth quarter in 2008.&nbsp; Furthermore, IHG continued to
            achieve organic growth during the year, increasing its net room count by 4.3% or 26,828 rooms.&nbsp; The Group also made significant progress in the roll-out of the Holiday Inn brand family relaunch with 1,697 hotels converted globally as at 31 December 2009.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">In the year, the Group took a number of actions to improve efficiency and reduce costs which led to a reduction in regional and central overheads of $95m, from $304m in 2008 to $209m in 2009, including a $23m favourable movement in foreign exchange.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">As a result of the declining real estate market, the InterContinental Atlanta and Staybridge Suites Denver Cherry Creek no longer meet the criteria for designation as held for sale assets.&nbsp; Consequently, these hotels are no longer categorised as discontinued operations and comparative figures have been re-presented accordingly.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">The average US dollar exchange rate strengthened against sterling during 2009 (2009 $1=&pound;0.64, 2008 $1=&pound;0.55). Translated at constant currency, applying 2008 exchange rates, revenue decreased by 17.0% and operating profit decreased by 35.9%.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">The results include an exceptional operating charge of $373m, which included a $91m charge comprising the write off of a cash deposit related to certain management contracts with one US hotel owner and the total estimated net cash outflows to this owner under the guarantee, and $197m non-cash impairment charges.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Profit before tax was a loss of $64m for the year, compared to a profit of $316m in 2008.&nbsp; Basic earnings per ordinary share decreased by 18.2% to 74.7&cent; and adjusted earnings per ordinary share decreased by 15.0% to 102.8&cent;.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12 months ended 31 December</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total gross revenue</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$bn</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">$bn</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">change</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3.8</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4.1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(7.3)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3.0</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3.2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(6.3)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">5.4</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">6.8</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(20.6)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Express</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3.6</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3.9</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(7.7)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Staybridge Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">0.4</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">0.4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Candlewood Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">0.3</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">0.3</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other brands</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">0.3</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">0.4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(25.0)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">16.8</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">19.1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(12.0)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Total gross revenue</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">One measure of overall IHG hotel system performance is the growth in total gross revenue, defined as total room revenue from franchised hotels and total hotel revenue from managed, owned and leased hotels. Total gross revenue is not revenue attributable to IHG, as it is derived mainly from hotels owned by third parties.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Total gross revenue decreased by 12.0% from $19.1bn in 2008 to $16.8bn in 2009.&nbsp; Translated at constant currency, total gross revenue decreased by 9.9%.</font></font></font>
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 169px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Hotels</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Rooms</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Global hotel and room count</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by brand</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">166</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">7</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">56,121</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,385</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">366</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">24</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">100,994</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">7,612</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,319</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(34)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">240,568</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(9,123)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Express</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,069</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">137</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">188,007</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">14,213</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Staybridge Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">182</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">30</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">19,885</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3,241</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Candlewood Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">254</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">50</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">25,283</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4,642</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Hotel Indigo</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">33</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">11</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">4,030</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,328</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Club Vacations</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">6</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,892</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">480</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">43</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">22</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">8,899</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3,050</font>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 6.65pt">
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm; HEIGHT: 6.65pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm; HEIGHT: 6.65pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm; HEIGHT: 6.65pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm; HEIGHT: 6.65pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm; HEIGHT: 6.65pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm; HEIGHT: 6.65pt" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">4,438</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">252</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">646,679</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">26,828</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by ownership type</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3,799</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">214</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">483,541</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">17,574</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">622</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">37</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">157,287</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">9,047</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">17</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">5,851</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">207</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">4,438</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">252</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">646,679</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">26,828</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Global hotel and room count</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">During 2009, the IHG global system (the number of hotels and rooms which are franchised, managed, owned or leased by the Group) increased by 252 hotels (26,828 rooms; 4.3%) to 4,438 hotels (646,679 rooms). Openings of 439 hotels (55,345 rooms) were focused, in particular, on continued expansion in the US and China.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">System growth was driven by brands in the midscale limited service and extended stay segment. Holiday Inn Express represented over 50% of total net growth (137 hotels, 14,213 rooms) whilst Staybridge Suites and Candlewood Suites combined represented approximately 30% (80 hotels, 7,883 rooms).&nbsp; IHG's lifestyle brand, Hotel Indigo, achieved net growth of approximately 50%, with 11 hotels (1,328 rooms) added during the
            year.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Significant progress has been achieved on the Holiday Inn brand family relaunch with 1,697 hotels open under the updated signage and brand standards as at 31 December 2009.&nbsp; The relaunch aims to refresh the brand and to deliver consistent best in class service and enhanced physical quality in all Holiday Inn and Holiday Inn Express hotels.&nbsp;&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Non-brand conforming hotels continued to be removed from the system with total removals of 187 hotels (28,517 rooms) during 2009, predominantly Holiday Inn and Holiday Inn Express hotels. </font></font></font>

            <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                &nbsp;
            </div>
            <font face="arial"><font face="arial"><font face="arial"><br>
            <br>
            </font></font></font>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 621px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Hotels</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Rooms</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Global pipeline</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by brand</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">63</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(8)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">20,173</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1,711)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">129</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(4)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">38,555</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2,914)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">338</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(49)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">59,008</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(5,253)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Express</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">563</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(156)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">57,756</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(12,514)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Staybridge Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">123</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(43)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">13,360</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(4,749)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Candlewood Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">169</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(73)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">14,851</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(6,939)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Hotel Indigo</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">53</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(3)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">6,660</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(552)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(90)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,438</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(337)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">210,363</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(34,722)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by ownership type</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,158</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(316)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">126,386</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(30,573)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">280</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(20)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">83,977</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(3,964)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(185)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,438</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(337)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">210,363</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(34,722)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 203px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 621px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Hotels</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Rooms</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Global pipeline signings</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">345</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(348)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">52,891</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(45,995)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">______</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Global pipeline</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">At the end of 2009, the IHG pipeline totalled 1,438 hotels (210,363 rooms). The IHG pipeline represents hotels and rooms where a contract has been signed and the appropriate fees paid. &nbsp;&nbsp;Terminations in the pipeline occur for a number of reasons such as withdrawal of financing and changes in local market conditions.&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">IHG maintained a strong level of new signings despite the impact of the global economic downturn, demonstrating continued demand for IHG brands and represents a key driver of future profitability.&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">In the year, signings across all regions of 52,891 rooms were added to the pipeline. Overall, the opening of 55,345 rooms, combined with an increase in pipeline terminations, resulted in a net pipeline decline of 34,722 rooms.</font></font></font>
        </div>

        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
            <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
                <font face="arial"><br>
                <br>
                </font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">THE AMERICAS</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12 months ended 31 December</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Americas Results</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">$m</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">change</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Revenue</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">437</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">495</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(11.7)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">110</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">168</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(34.5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">225</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">300</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(25.0)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 151px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 151px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">772</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">963</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(19.8)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Operating profit before exceptional items</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">364</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">426</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(14.6)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(40)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">51</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(178.4)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">11</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">55</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(80.0)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">335</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">532</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(37.0)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Regional overheads</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(47)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(67)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">29.9</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 151px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 151px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">288</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">465</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(38.1)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 0px">
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 30px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 128px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 174px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 86px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 86px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 116px; BORDER-BOTTOM: medium none">
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Americas Comparable RevPAR movement on previous year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12 months ended</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31 December</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(15.9)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(15.5)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Express</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(12.9)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">All brands</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(14.3)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(16.2)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(19.2)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(17.0)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Staybridge Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(14.8)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Candlewood Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(22.8)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">All brands</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(17.8)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 370px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 178px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(28.2)%</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Americas results</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Revenue and operating profit before exceptional items decreased by 19.8% to $772m and 38.1% to $288m respectively.&nbsp;&nbsp; Excluding the receipt of significant liquidated damages of $13m in 2008, revenue and operating profit declined by 18.7% and 36.3% respectively.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">The region experienced challenging trading conditions throughout the year leading to RevPAR, revenue and profit declines across all ownership types.&nbsp; However, the region's US comparable hotels achieved a premium in RevPAR growth relative to the US market.&nbsp;<br>
            Franchised revenue and operating profit decreased by 11.7% to $437m and 14.6% to $364m respectively, compared to 2008. This decrease was predominantly driven by a fall in royalty revenues as a consequence of a RevPAR decline of 14.3%.&nbsp; Revenues also included the impact of a decline in real estate activity leading to lower fees associated with activities such as the signing of new hotels and conversions. An increase in overall room supply partially offset the decline in revenue
            and profit.&nbsp;&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Managed revenues decreased by 34.5% to $110m during the year or, by 29.0% excluding the impact of $13m in liquidated damages received in 2008. All brands were impacted by the economic downturn which resulted in RevPAR declines of 17.8%.&nbsp; Operating profit declined by $91m ($78m excluding liquidated damages) resulting in a loss of $40m.&nbsp; The loss was due to the RevPAR driven revenue declines, IHG funding owner's
            priority return shortfalls on a number of hotels managed by one owner and certain guarantee payments.&nbsp; At the year end, an exceptional charge of $91m was recognised comprising the write off of a deposit related to the priority return contracts and the total estimated net cash outflows to this owner under the guarantee.&nbsp; Therefore, future payments to this owner will be charged against the provision and will not impact operating results.&nbsp; The managed results also
            included the impact of provisions recognised following the devaluation of the Venezuelan currency and the potential impact of asset nationalisation.&nbsp;&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Results from managed operations include revenues of $71m (2008 $88m) and operating profit of $nil (2008 $6m) from properties that are structured, for legal reasons, as operating leases but with the same characteristics as management contracts.&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Owned and leased revenue declined by 25.0% to $225m and operating profit decreased by 80.0% to $11m.&nbsp; Underlying trading was driven by RevPAR declines, including the InterContinental brand with a decline of 28.2%.&nbsp; Trading at the InterContinental New York, in particular, was severely impacted by the collapse of the financial markets.&nbsp; Results also included the impact of the sale of the Holiday Inn Jamaica, sold
            in August 2008, which led to a reduction in revenue and operating profit of $16m and $2m respectively when compared to 2008.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">As a result of the declining real estate market, the InterContinental Atlanta and Staybridge Suites Denver Cherry Creek no longer meet the criteria for designation as held for sale assets and consequently the results of these hotels are no longer categorised as discontinued operations and comparative figures have been re-presented accordingly.&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Regional overheads declined by 29.9% during the year, from $67m to $47m.&nbsp; The favourable movement was driven by increased efficiencies and the impact of an organisational restructuring undertaken to further align the regional structure with the requirements of IHG's owners and hotels.&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 169px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Hotels</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Rooms</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Americas hotel and room count</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by brand</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">55</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">18,499</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(3)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">202</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">15</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">55,690</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4,566</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">884</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(36)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">158,201</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(10,576)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Express</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,846</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">124</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">158,284</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">12,260</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Staybridge Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">178</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">28</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">19,320</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2,948</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Candlewood Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">254</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">50</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">25,283</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4,642</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Hotel Indigo</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">32</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">11</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3,966</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,328</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Club Vacations</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">6</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,892</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">480</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other brands</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">22</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">22</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3,219</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3,219</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3,479</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">219</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">445,354</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">18,864</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by ownership type</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3,245</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">194</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">398,004</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">15,934</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">223</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">24</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">43,638</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2,723</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">11</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3,712</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">207</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3,479</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">219</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">445,354</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">18,864</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
            <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
                <font face="arial"><br>
                <br>
                </font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Americas hotel and room count</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">The Americas hotel and room count increased by 219 hotels (18,864 rooms) to 3,479 hotels (445,354 rooms).&nbsp; The growth included openings of 375 hotels (40,584 rooms), predominantly under the franchised business model.&nbsp; By brand, Holiday Inn Express generated openings of 198 hotels (17,491 rooms) whilst the extended stay brands, Staybridge Suites and Candlewood Suites, achieved openings of 78 hotels (7,548 rooms) in
            2009.&nbsp; Net growth also included removals of 156 hotels (21,720 rooms), predominantly Holiday Inn and Holiday Inn Express hotels removed as part of the Group's roll-out of the Holiday Inn brand family relaunch which entails the removal of lower quality, non-brand conforming hotels.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 621px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Hotels</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Rooms</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Americas pipeline</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by brand</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">6</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,040</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(253)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">33</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(10)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">6,962</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2,685)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">216</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(47)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">27,942</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(4,910)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Express</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">486</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(153)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">43,438</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(13,027)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Staybridge Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">116</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(38)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12,508</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(4,170)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Candlewood Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">169</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(73)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">14,851</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(6,939)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Hotel Indigo</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">47</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(8)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">5,987</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1,045)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,073</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(330)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">113,728</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(33,029)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by ownership type</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,063</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(319)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">111,108</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(31,256)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">10</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(10)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,620</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1,588)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(185)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 229px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,073</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(330)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">113,728</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(33,029)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 11px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 204px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 80px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Americas pipeline</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">The Americas pipeline totalled 1,073 hotels (113,728 rooms) as at 31 December 2009. During the year, 29,353 room signings were completed, compared with 60,402 room signings in 2008. Signings levels declined as a result of lower real estate and construction activity amid the economic downturn and an associated tightening of credit availability.&nbsp; Demand in the key midscale segment remained positive, representing 66% of
            hotel signings.</font></font></font>
        </div>

        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
            <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
                <font face="arial"><br>
                <br>
                </font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">EUROPE, MIDDLE EAST AND AFRICA (EMEA)</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12 months ended 31 December</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">EMEA results</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">$m</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">change</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Revenue</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">83</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">110</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(24.5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">119</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">168</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(29.2)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">195</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">240</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(18.8)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 151px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 151px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">397</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">518</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(23.4)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Operating profit before exceptional items</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">60</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">75</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(20.0)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">65</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">95</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(31.6)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">33</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">45</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(26.7)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">158</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">215</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(26.5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Regional overheads</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(31)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(44)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">29.5</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 151px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 151px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">127</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">171</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(25.7)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 0px">
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 30px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 128px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 174px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 86px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 86px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 116px; BORDER-BOTTOM: medium none">
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 419px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">EMEA comparable RevPAR movement on previous year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12 months ended</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31 December</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 419px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 419px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 50px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 355px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">All brands</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(14.9)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 419px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 50px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 355px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">All brands</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(14.9)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 419px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 50px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 355px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(10.8)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 419px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">All ownership types</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 50px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 355px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">UK</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(9.8)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 50px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 355px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Continental Europe</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(17.8)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 50px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 355px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Middle East</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 171px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(14.0)%</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">EMEA results</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Revenue and operating profit before exceptional items decreased by 23.4% to $397m and 25.7% to $127m respectively.&nbsp; At constant currency, revenue and operating profit before exceptional items decreased by 16.8% and 22.8% respectively. The region received significant liquidated damages totalling $16m in 2008 and $3m in 2009. Excluding these receipts, revenue declined 21.5% and operating profit before exceptional items
            declined 20.0%, and at constant currency by 14.7% and 16.8% respectively.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">During the year, RevPAR declines were experienced across the region, with declines in key markets ranging from 9.8% in the UK to 17.8% in Continental Europe.&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Franchised revenue and operating profit decreased by 24.5% to $83m and 20.0% to $60m respectively, or at constant currency by 18.2% and 13.3% respectively.&nbsp; Excluding the impact of $3m in liquidated damages received in 2009 and $7m received in 2008, revenue and operating profit declined by 22.3% and 16.2% respectively, or at constant currency by 15.5% and 8.8% respectively.&nbsp; The decline was principally driven by
            lower RevPAR across Continental Europe and the UK, partly offset by a 6% increase in room count.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">EMEA managed revenue and operating profit decreased by 29.2% to $119m and by 31.6% to $65m respectively, or at constant currency by 25.0% and 29.5% respectively.&nbsp; Excluding the impact of $9m in liquidated damages received in 2008, revenue and operating profit declined by 25.2% and 24.4% respectively, or at constant currency by 20.8% and 22.1% respectively.&nbsp; The results were driven by managed RevPAR declines of
            14.9%.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">In the owned and leased estate, revenue decreased by 18.8% to $195m and operating profit decreased by 26.7% to $33m, or at constant currency by 10.4% and 17.8% respectively.&nbsp; The InterContinental Paris Le Grand in particular, was adversely impacted by the economic downturn as both business and leisure travel declined in Paris.&nbsp; However, trading at the InterContinental Park Lane, London was more resilient, with RevPAR
            down just 1.7% during the year.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Regional overheads decreased by 29.5% to $31m due to improved efficiencies and cost savings, as well as a favourable movement in foreign exchange of $6m.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 169px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Hotels</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Rooms</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">EMEA hotel and room count</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by brand</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">65</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">20,586</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(250)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">93</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">22,157</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,428</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">333</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">53,372</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">333</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Express</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">197</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">11</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">23,259</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,695</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Staybridge Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">4</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">565</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">293</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Hotel Indigo</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">64</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">293</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">90</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">695</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">20</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">120,296</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3,589</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by ownership type</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">520</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">28</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">78,216</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4,140</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">171</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(8)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">40,634</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(551)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">4</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,446</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">695</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">20</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">120,296</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3,589</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">EMEA hotel and room count</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">During 2009, EMEA hotel and room count increased by 20 hotels (3,589 rooms) to 695 hotels (120,296 rooms). The net room growth included openings of 37 hotels (6,427 rooms) and removals of 17 hotels (2,838 rooms).&nbsp; System growth by brand was driven by Holiday Inn and Holiday Inn Express, which together accounted for 65% of the region's hotel openings, and by Crowne Plaza, which achieved net rooms growth of 7% over
            2008.&nbsp; By ownership type, net movement during the year included the conversion of 13 managed hotels in Spain to franchise contracts.</font></font></font>
        </div>

        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
            <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
                <font face="arial"><br>
                <br>
                </font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 169px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Hotels</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Rooms</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">EMEA pipeline&nbsp;</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by brand</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">23</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(5)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">6,100</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(962)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">24</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">6,641</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(646)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">45</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(5)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">10,429</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">225</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Express</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">49</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(8)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">7,088</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(702)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Staybridge Suites</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">7</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(5)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">852</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(579)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Hotel Indigo</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">4</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">351</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">351</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(90)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">152</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(21)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31,461</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2,403)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by ownership type</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">93</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">14,952</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">684</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">59</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(24)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">16,509</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(3,087)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">152</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(21)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31,461</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2,403)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">EMEA pipeline</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">The pipeline in EMEA decreased by 21 hotels (2,403 rooms) to 152 hotels (31,461 rooms). The movement in the year included 8,442 room signings, with continued demand for IHG brands in the UK, Middle East and Germany.&nbsp; Demand was particularly strong in the midscale sector which represented 66% of room signings.&nbsp; IHG's lifetsyle brand, Hotel Indigo, continued its expansion with four hotels in the closing pipeline,
            including two in London.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">ASIA PACIFIC</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 591px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 238px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12 months ended 31 December</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Asia Pacific results</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">$m</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">change</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Revenue</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 24px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 285px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">11</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">18</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(38.9)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 24px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 285px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">105</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">113</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(7.1)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 24px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 285px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">129</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">159</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(18.9)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 24px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 285px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 129px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 180px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">245</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">290</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(15.5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Operating profit before exceptional items</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 24px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 285px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">5</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">8</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(37.5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 24px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 285px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">44</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">55</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(20.0)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 24px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 285px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">30</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">43</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(30.2)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 24px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 285px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">79</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">106</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(25.5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Regional overheads</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(27)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(38)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">28.9</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 129px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 180px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">52</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">68</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(23.5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 324px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 69px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 72px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 0px">
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 26px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 110px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 205px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 72px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 72px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 106px; BORDER-BOTTOM: medium none">
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 592px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 409px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Asia Pacific comparable RevPAR movement on previous year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12 months ended</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31 December</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 409px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 409px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed - all brands</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 23px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 371px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Asia Pacific</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(12.5)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 23px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 371px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Greater China</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(15.6)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 409px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 23px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 371px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(22.2)%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 409px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">All ownership types</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 23px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 371px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Greater China</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(16.9)%</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Asia Pacific results</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Asia Pacific revenue and operating profit before exceptional items decreased by 15.5% to $245m and 23.5% to $52m respectively.&nbsp; Excluding the receipt of $4m in significant liquidated damages in 2008, revenue and operating profit declined by 14.3% and 18.8% respectively.&nbsp; Despite RevPAR declines of 13.5%, the region's brands demonstrated outperformance relative to the market.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Franchised revenues and operating profit decreased by 38.9% to $11m and by 37.5% to $5m respectively.&nbsp; Excluding the impact of $4m in liquidated damages received in 2008, revenue decreased by 21.4% and profit increased by $1m or 25.0%.&nbsp; The decline in revenue was driven by lower RevPAR and the loss of royalties following the removal of six hotels (1,067 rooms) which did not meet IHG's brand and quality
            standards.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Managed revenue decreased by 7.1% to $105m and operating profit decreased by 20.0% to $44m.&nbsp; RevPAR across the Greater China managed estate declined by 15.6%, primarily due to room oversupply in key Chinese cities, such as Beijing and trading upside in 2008 from the Olympic Games.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">In the owned and leased estate, revenue decreased by 18.9% to $129m and operating profit decreased by 30.2% to $30m.&nbsp; These results were driven by the InterContinental Hong Kong, where RevPAR declined 22.2% during the year.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Regional overheads decreased by 28.9% to $27m, due to the impact of regional restructuring and lower marketing costs associated with the ANA joint venture in Japan.</font></font></font>
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 169px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Hotels</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Rooms</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Asia Pacific hotel and room count</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by brand</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">46</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">6</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">17,036</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,638</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">71</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">23,147</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,618</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">102</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">28,995</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,120</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Express</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">26</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">6,464</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">258</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">19</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">5,387</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(259)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">264</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">13</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">81,029</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4,375</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by ownership type</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">34</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(8)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">7,321</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2,500)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">228</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">21</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">73,015</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">6,875</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Owned and leased</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">693</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">264</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">13</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">81,029</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4,375</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Asia Pacific hotel and room count</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Asia Pacific hotel and room count increased by 13 hotels (4,375 rooms) to 264 hotels (81,029 rooms), including the opening of 27 hotels (8,334 rooms) offset by the removal of 14 hotels (3,959 rooms). The growth was predominantly driven by the opening of 17 hotels (5,776 rooms) in Greater China reflecting continued expansion in one of IHG's strategic markets.&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 169px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Hotels</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 175px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Rooms</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Asia Pacific pipeline</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">Change</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">over 2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by brand</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">InterContinental</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">34</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12,033</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(496)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Crowne Plaza</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">72</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">7</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">24,952</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">417</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">77</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">20,637</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(568)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn Express</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">28</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">7,230</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,215</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Hotel Indigo</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">322</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">142</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">213</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">14</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">65,174</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">710</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed by ownership type</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Franchised</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">326</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Managed</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">211</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">14</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">64,848</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">711</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 233px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">213</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">14</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">65,174</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">710</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 202px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 73px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 81px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">______</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 79px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Asia Pacific pipeline</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">The pipeline in Asia Pacific increased by 14 hotels (710 rooms) to 213 hotels (65,174 rooms).&nbsp; Pipeline growth was fuelled by the Greater China market which generated 75% of the region's room signings, followed by India, which contributed a further 16%. &nbsp;From a brand perspective, Crowne Plaza experienced the highest demand with 45% of the region's room signings, followed by Holiday Inn, which contributed a further
            32%. During the year the first Hotel Indigo was signed in Hong Kong.</font></font></font>
        </div>

        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
            <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
                <font face="arial"><br>
                <br>
                </font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                <b><font face="arial">Central</font></b>
            </div>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12 months ended 31 December</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Central results</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">$m</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">change</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Revenue</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">124</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">126</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1.6)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Gross central costs</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(228)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(281)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">18.9</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 151px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Net central costs</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 151px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(104)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(155)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">32.9</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 0px">
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 159px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 174px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 86px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 86px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 116px; BORDER-BOTTOM: medium none">
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Central Results</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">During 2009, net central costs decreased by 32.9% from $155m to $104m.&nbsp; The significant reduction was driven by management actions to increase efficiencies and implement cost-saving measures across the Group.&nbsp; Relative to 2008, the 2009 net central costs also benefited from a $16m favourable movement in foreign exchange whilst the 2008 results include the receipt of a favourable $3m insurance
            settlement.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">SYSTEM FUNDS</font></b>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 274px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">12 months ended 31 December</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2008</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">System fund results</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">$m</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">change</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Assessments</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,008</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">990</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1.8</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 317px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">In the year to 31 December 2009, system fund assessments increased by 1.8% to $1.01bn primarily as a result of the growth in system size and marketing programmes.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Hotels operated under IHG brands are, pursuant to terms within their contracts, subject to cash assessments for the provision of brand marketing, reservations systems and the Priority Club loyalty programme.&nbsp; These assessments, typically based upon room revenue, are pooled for the collective benefit of all hotels by brand or geography into the System Funds (the Funds).&nbsp; The Group acts on behalf of hotel owners with
            regard to the Funds, and the Owners' Association, the IAHI, provides a governance overview of the operation of the Funds. The operation of the Funds does not result in a profit or loss for the Group and consequently the revenues and expenses of the Funds are not included in the Group Income Statement.&nbsp;&nbsp;</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                <b><font face="arial">OTHER FINANCIAL INFORMATION</font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Exceptional operating items</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">Exceptional operating items of $373m consisted of:</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 562px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">$91m charge, comprising an onerous contract provision of $65m for the future net unavoidable costs under a performance guarantee related to certain management contracts with one US hotel owner, and a deposit of $26m written off as it is no longer considered recoverable under the terms of the same management contracts;</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 562px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">$19m in relation to the Holiday Inn brand family relaunch;</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 562px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">$21m </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial"><br>
                            </font></font>
                        </div>
                        <font face="arial">enhanced pension transfers to deferred members of the InterContinental Hotels UK Pension Plan who accepted an offer to receive the enhancement as either a cash lump sum or an additional transfer value to an alternative pension plan provider;</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 562px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">$197m of non-cash impairment charges reflecting the poorer trading environment in 2009, including $45m relating to hotels reclassified from held for sale assets;</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 562px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">$43m which primarily relates to the closure of certain corporate offices together with severance costs arising from a review of the Group's cost base; and</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 562px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">$2m loss on disposal of hotels</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">Exceptional operating items are treated as exceptional by reason of their size or nature and are excluded from the calculation of adjusted earnings per share in order to provide a more meaningful comparison of performance.</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Net financial expenses</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">Net financial expenses decreased from $101m in 2008 to $54m in 2009, due to lower net debt levels and lower interest rates. Average net debt levels in 2009 were lower than 2008 primarily as a result of cost reduction programmes and an increased focus on cash.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">Financing costs included $2m (2008 $12m) of interest costs associated with Priority Club Rewards where interest is charged on the accumulated balance of cash received in advance of the redemption points awarded.&nbsp; Financing costs in 2009 also included $18m (2008 $18m) in respect of the InterContinental Boston finance lease.</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Taxation</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">The effective rate of tax on the combined profit from continuing and discontinued operations, excluding the impact of exceptional items, was 5% (2008 23%).&nbsp; The rate is particularly low in 2009 due to the impact of prior year items relative to a lower level of profit than in 2008.&nbsp; By excluding the impact of prior year items, which are included wholly within continuing operations, the equivalent tax rate would be 42% (2008 39%). This rate is higher than
            the UK statutory rate of 28% due mainly to certain overseas profits (particularly in the US) being subject to statutory rates higher than the UK statutory rate, unrelieved foreign taxes and disallowable expenses.</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">Taxation within exceptional items totalled a credit of $287m (2008 $42m) in respect of continuing operations. This represented the release of exceptional provisions relating to tax matters which were settled during the year, or in respect of which the statutory limitation period had expired, together with tax relief on exceptional costs.</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">Net tax paid in 2009 totalled $2m (2008 $2m) including $1m (2008 $3m) in respect of disposals. &nbsp;Tax paid is lower than the current period income tax charge, primarily due to the receipt of refunds in respect of prior years, together with provisions for tax for which no payment of tax has currently been made.</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Earnings per share</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">Basic earnings per share in 2009 was 74.7&cent;, compared with 91.3&cent; in 2008. Adjusted earnings per share was 102.8&cent;, against 120.9&cent; in 2008.</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Dividends</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">The Board has proposed a final dividend per share of 29.2&cent; (18.7p).&nbsp;&nbsp; With the interim dividend per share of 12.2&cent; (7.3p), the full-year dividend per share for 2009 will total 41.4&cent; (26.0p).</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Share price and market capitalisation</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">The IHG share price closed at &pound;8.93 on 31 December 2009, up from &pound;5.62 on 31 December 2008. The market capitalisation of the Group at the year end was &pound;2.6bn.</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">Capital structure and liquidity management</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">In response to the challenging economic environment the Group continued its focus on cash management during 2009. In the year, $432m of cash was generated from operating activities, with the other key elements of the cash flow being:</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 619px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 562px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">proceeds from the disposal of hotels and investments of $35m; and</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 562px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">capital expenditure of $148m, including $65m to purchase the Indigo San Diego.</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">The Group is mainly funded by a $1.2bn syndicated bank facility, of which $1.1bn matures in May 2013 and $85m is a term loan that matures in November 2010.</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">In December 2009, the Group issued a seven-year &pound;250m public bond, at a coupon of 6%, which was initially priced at 99.465% of face value.&nbsp; The &pound;250m was immediately swapped into US dollar debt using currency swaps and the proceeds were used to reduce the term loan which matures in November 2010 from $500m to $85m.&nbsp; Additional funding is provided by a finance lease on the InterContinental
            Boston.</font></font></font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">Net debt at 31 December 2009 decreased by $191m to $1,082m and, in the table below, included $204m in respect of the finance lease commitment for the InterContinental Boston and $415m in respect of currency swaps related to the sterling bond.</font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Net debt at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">$m</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Borrowings</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 286px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Sterling*</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">152</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 286px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">US Dollar*</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">866</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">889</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 286px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Euro</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">216</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">224</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 286px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Other</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">53</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">90</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Cash*</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(53)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(82)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Net debt</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,082</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,273</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Average debt levels</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,231</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,498</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial">* Including the impact of currency derivatives.</font>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2008</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Facilities at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">$m</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Committed</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,693</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2,107</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Uncommitted</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">25</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">25</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Total</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,718</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2,132</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Interest risk profile of gross debt for major currencies</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">at 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">%</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2008</font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">At fixed rates</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">90</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">53</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">At variable rates</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">10</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">47</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 329px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 110px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                <b><font face="arial">InterContinental Hotels Group PLC</font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                <b><font face="arial">GROUP INCOME STATEMENT</font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">For the year ended 31 December 2009</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 689px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 214px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Year ended 31 December 2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 212px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Year ended 31 December 2008</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Before</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">exceptional</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">items</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Exceptional</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">items</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(note 4)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Total</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Before</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">exceptional</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">items</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Exceptional</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">items</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(note 4)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Total</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Continuing operations</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Revenue (note 3)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,538</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,538</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,897</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,897</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Cost of sales</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(769)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(91)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(860)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(852)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(852)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Administrative expenses</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(303)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(83)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(386)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(400)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(59)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(459)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other operating income and expenses</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">6</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">14</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">25</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">39</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">472</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(176)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">296</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">659</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(34)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">625</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Depreciation and amortisation</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(109)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(109)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(110)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(112)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Impairment</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(197)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(197)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(96)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(96)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Operating (loss)/profit (note 3)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">363</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(373)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(10)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">549</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(132)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">417</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Financial income</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">12</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">12</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Financial expenses</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(57)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(57)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(113)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(113)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">(Loss)/profit before tax (note 3)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">309</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(373)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(64)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">448</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(132)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">316</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Tax (note 5)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(15)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">287</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">272</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(101)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">42</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(59)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Profit for the year from continuing operations</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">294</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(86)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">208</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">347</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(90)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">257</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Profit for the year from discontinued operations</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">6</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">6</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Profit for the year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">294</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(80)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">214</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">347</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(85)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">262</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Attributable to:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Equity holders of the parent</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">293</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(80)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">213</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">347</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(85)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">262</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Non-controlling interest</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">294</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(80)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">214</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">347</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(85)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">262</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Earnings per ordinary share</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">(note 6)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Continuing operations:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Basic</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">72.6 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">89.5 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Diluted</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">70.2 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">86.8 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Adjusted</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">102.8 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">120.9 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Adjusted diluted</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">99.3 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">117.2 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total operations:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Basic</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">74.7 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">91.3 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Diluted</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">72.2 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">88.5 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Adjusted</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">102.8 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">120.9 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Adjusted diluted</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">99.3 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">117.2 </font>

                        <div style="DISPLAY: inline; FONT-FAMILY: arial">
                            <font face="arial"><font face="arial">&cent;</font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 68px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 47px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 44px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
            <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
                <font face="arial"><br>
                <br>
                </font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                <b><font face="arial">InterContinental Hotels Group PLC</font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">GROUP STATEMENT OF COMPREHENSIVE INCOME</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">For the year ended 31 December 2009</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Year ended</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31 December</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Year ended</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31 December</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Profit for the year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">214</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">262</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Other comprehensive income</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Available-for-sale financial assets:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 346px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Gains/(losses) on valuation</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">11</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(4)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 346px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Losses/(gains) reclassified to income on impairment/disposal</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(17)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Cash flow hedges:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 346px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Losses arising during the year</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(7)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(14)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 346px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Reclassified to financial expenses</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">11</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Defined benefit pension plans:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 346px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Actuarial losses, net of related tax credit of $1m (2008 $13m)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(57)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(23)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 346px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Decrease/(increase) in asset restriction on plans in surplus</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">21</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(14)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Exchange differences on retranslation of foreign operations, including related tax credit of $4m (2008 $1m)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">43</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(56)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Tax related to pension contributions</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">-</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">8</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Other comprehensive income/(loss) for the year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">26</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(118)</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total comprehensive income for the year attributable to equity holders of the parent</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">240</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">144</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 377px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 128px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 118px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
            <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
                <font face="arial"><br>
                <br>
                </font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                <b><font face="arial">InterContinental Hotels Group PLC</font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">GROUP STATEMENT OF CHANGES IN EQUITY</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">For the year ended 31 December 2009</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 667px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 418px; PADDING-TOP: 0cm" valign="top" colspan="5">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Year ended 31 December 2009</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Equity share capital</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Other reserves*</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Retained earnings</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Non-controlling interest</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Total equity</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">At beginning of the year</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">118</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2,748)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2,624</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">7</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total comprehensive income for the year</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">63</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">177</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">240</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Issue of ordinary shares</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">11</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">11</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Movement in shares in employee share trusts</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">49</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(61)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(12)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Equity-settled share-based cost</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">24</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">24</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Tax related to share schemes</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">10</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">10</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Equity dividends paid</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(118)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(118)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Exchange and other adjustments</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">13</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(13)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">At end of the year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">142</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(2,649)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,656</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">7</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">156</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 667px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 418px; PADDING-TOP: 0cm" valign="top" colspan="5">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="center">
                        <b><font face="arial">Year ended 31 December 2008</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Equity share capital</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Other reserves*</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Retained earnings</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Non-controlling interest</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Total equity</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">At beginning of the year</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">163</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2,720)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2,649</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">6</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">98</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Total comprehensive income for the year</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(90)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">234</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">144</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Issue of ordinary shares</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Repurchase of shares</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(3)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(136)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(139)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Transfer to capital redemption reserve</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(3)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Movement in shares in employee share trusts</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">15</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(53)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(38)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Equity-settled share-based cost</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">49</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">49</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Tax related to share schemes</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Equity dividends paid</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(118)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(118)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Exchange and other adjustments</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(44)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">44</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">____</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">At end of the year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">118</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(2,748)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,624</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">7</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 221px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 75px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 64px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 691px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 17px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">*</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 646px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other reserves comprise the capital redemption reserve, shares held by employee share trusts, other reserves, unrealised gains and losses reserve and currency translation reserve.</font></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
            <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
                <font face="arial"><br>
                <br>
                </font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                <b><font face="arial">InterContinental Hotels Group PLC</font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">GROUP STATEMENT OF FINANCIAL POSITION</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">31 December 2009</font></b>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 667px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31 December</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">ASSETS</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Property, plant and equipment</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,836</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,684</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Goodwill</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">82</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">143</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Intangible assets</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">274</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">302</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Investment in associates</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">45</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">43</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Retirement benefit assets</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">12</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">40</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other financial assets</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">130</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">152</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Deferred tax receivable</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">95</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total non-current assets</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,474</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,364</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Inventories</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Trade and other receivables</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">335</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">412</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Current tax receivable</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">35</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">36</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Cash and cash equivalents</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">40</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">82</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other financial assets</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">10</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total current assets</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">419</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">544</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Non-current assets classified as held for sale</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">210</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">______</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">______</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total assets (note 3)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,893</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3,118</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">=====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">=====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">LIABILITIES</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Loans and other borrowings</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(106)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(21)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Trade and other payables</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(688)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(746)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Provisions</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(65)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Current tax payable</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(194)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(374)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total current liabilities</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(1,053)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(1,141)</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Loans and other borrowings</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1,016)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1,334)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Retirement benefit obligations</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(142)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(129)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Trade and other payables</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(408)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(392)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Deferred tax payable</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(118)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(117)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total non-current liabilities</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(1,684)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(1,972)</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Liabilities classified as held for sale</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(4)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">_____</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total liabilities</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(2,737)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(3,117)</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">=====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">=====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Net assets</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">156</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">=====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">=====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">EQUITY</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Equity share capital</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">142</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">118</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Capital redemption reserve</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">11</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">10</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Shares held by employee share trusts</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(4)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(49)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other reserves</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2,900)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2,890)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Unrealised gains and losses reserve</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">29</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">9</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Currency translation reserve</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">215</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">172</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Retained earnings</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2,656</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2,624</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">______</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">______</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">IHG shareholders' equity</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">149</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(6)</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Non-controlling interest</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">7</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">7</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">______</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">______</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total equity</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">156</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">=====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">=====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                <b><font face="arial">InterContinental Hotels Group PLC</font></b>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">GROUP STATEMENT OF CASH FLOWS</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">For the year ended 31 December 2009</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 667px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Year ended</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Year ended</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">31 December</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Profit for the year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">214</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">262</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Adjustments for:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 12px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 435px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Net financial expenses</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">54</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">101</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 12px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 435px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Income tax (credit)/charge</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(272)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">59</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 12px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 435px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Depreciation and amortisation</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">109</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">112</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 12px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 435px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Impairment</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">197</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">96</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 12px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 435px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other exceptional operating items</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">176</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">34</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 12px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 435px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Gain on disposal of assets, net of tax</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(6)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 12px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 435px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Equity-settled share-based cost, net of payments</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">14</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">31</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 12px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 435px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other items</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Operating cash flow before movements in working capital</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">487</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">693</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Decrease in net working capital</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">59</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">123</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Retirement benefit contributions, net of cost</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(27)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Cash flows relating to exceptional operating items</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(60)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(49)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Cash flow from operations</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">484</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">740</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Interest paid</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(53)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(112)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Interest received</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">12</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Tax (paid)/received on operating activities</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Net cash from operating activities</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">432</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">641</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Cash flow from investing activities</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Purchases of property, plant and equipment</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(100)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(53)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Purchase of intangible assets</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(33)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(49)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Investment in associates and other financial assets</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(15)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(6)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Disposal of assets, net of costs and cash disposed of</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">20</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">25</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Proceeds from associates and other financial assets</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">15</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">61</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Tax paid on disposals</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(3)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Net cash from investing activities</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(114)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(25)</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Cash flow from financing activities</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Proceeds from the issue of share capital</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">11</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Purchase of own shares</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(139)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Purchase of own shares by employee share trusts</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(8)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(22)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Proceeds on release of own shares by employee share trusts</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Dividends paid to shareholders</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(118)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(118)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Issue of &pound;250m 6% bonds</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">411</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Decrease in other borrowings</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(660)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(316)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Net cash from financing activities</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(362)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(591)</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Net movement in cash and cash equivalents in the year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(44)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">25</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Cash and cash equivalents at beginning of the year</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">82</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">105</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Exchange rate effects</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(48)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">_____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Cash and cash equivalents at end of the year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">40</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">82</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 461px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">=====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">=====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial">I </font></font></font>

            <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                <div style="DISPLAY: inline; TEXT-TRANSFORM: uppercase">
                    <font face="arial"><font face="arial"><font face="arial">nterContinental Hotels Group plc</font></font></font>
                </div>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <b><font face="arial">NOTES TO THE FINANCIAL STATEMENTS</font></b>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">1.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 629px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Basis of preparation</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-SIZE: 11pt">
                            <font face="arial"><font face="arial"><font face="arial"><br>
                            </font></font></font>
                        </div>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 629px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">The audited consolidated financial statements of InterContinental Hotels Group PLC (IHG) for the year ended 31 December 2009 have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union and as applied in accordance with the provisions of the Companies Act 2006.</font></font></font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">With effect from 1 January 2009, the Group has implemented IAS 1 (Revised) 'Presentation of Financial Statements', IAS 23 (Revised) 'Borrowing Costs', IFRS 8 'Operating Segments' and IFRIC 13 'Customer Loyalty Programmes'.&nbsp; Except for certain presentational changes, including the introduction of a 'Group Statement of Changes in Equity' as a primary financial statement, the adoption of these standards has had
                        no material impact on the financial statements and there has been no requirement to restate prior year comparatives.</font></font></font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">In all other respects, these preliminary financial statements have been prepared on a consistent basis using the accounting policies set out in the IHG Annual Report and Financial Statements for the year ended 31 December 2008.&nbsp;</font></font></font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Two hotels, which, prior to 30 June 2009, were classified as assets held for sale and whose results were presented as discontinued operations, no longer meet the criteria for designation as held for sale assets.&nbsp; Consequently, the results of these hotels are now reported as continuing operations and prior period results have been re-presented on a consistent basis.&nbsp; The impact has been to increase revenue
                        from continuing operations for the year by $34m (2008 $43m) and to increase operating profit from continuing operations, before exceptional items, for the year by $8m (2008 $14m).</font></font></font>
                    </div>
                </td>
            </tr>
        </table>

        <p><br>
        &nbsp;</p>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">2.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 629px; PADDING-TOP: 0cm" valign="top">
                    <div style="DISPLAY: inline; FONT-SIZE: 10pt">
                        <h3><font size="2">Exchange rates</font></h3>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 629px; PADDING-TOP: 0cm" valign="top">
                    <p><font face="Arial, Helvetica, sans-serif" size="2">The results of operations have been translated into US dollars at the average rates of exchange for the year.&nbsp; In the case of sterling, the translation rate is $1= &pound;0.64 (2008 $1=&pound;0.55).&nbsp; In the case of the euro, the translation rate is $1 = &euro;0.72 (2008 $1 = &euro;0.68).</font></p>
                     <font size="2"></font>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font size="2"><font face="arial"><font face="arial"><font face="arial">Assets and liabilities have been translated into US dollars at the rates of exchange on the last day of the period.&nbsp; In the case of sterling, the translation rate is $1=&pound;0.62 (2008 $1 = &pound;0.69).&nbsp; In the case of the euro, the translation rate is $1 = &euro;0.69 (2008 $1 = &euro;0.71).</font></font></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
                <div style="DISPLAY: inline; FONT-WEIGHT: normal; FONT-SIZE: 10pt">
                    <h3>&nbsp;</h3>
                </div>

                <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                    <font face="arial">&nbsp;</font>
                </div>
                <font face="arial"><br>
                <br>
                </font>
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <div style="DISPLAY: inline; FONT-WEIGHT: bold">
                            <font face="arial"><font face="arial"><font face="arial">3</font></font></font>
                        </div>
                        <font face="arial"><font face="arial"><font face="arial">.</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Segmental information</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Revenue</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Americas&nbsp;</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">772</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">963</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">EMEA</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">397</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">518</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Asia Pacific&nbsp;</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">245</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">290</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Central</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">124</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">126</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total revenue</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,538</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">1,897</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">====</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">All results relate to continuing operations.</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 437px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr style="HEIGHT: 0px">
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 23px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 8px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 469px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 89px; BORDER-BOTTOM: medium none">
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; WIDTH: 89px; BORDER-BOTTOM: medium none">
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Profit</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Americas</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">288</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">465</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">EMEA</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">127</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">171</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Asia Pacific</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">52</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">68</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Central</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(104)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(155)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Reportable segments' operating profit</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">363</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">549</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Exceptional operating items (note 4)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(373)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(132)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Operating (loss)/profit</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(10)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">417</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Financial income</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">3</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">12</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Financial expenses</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(57)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(113)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total (loss)/profit before tax</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(64)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">316</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">All results relate to continuing operations.</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Assets</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Americas</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">970</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1,240</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">EMEA</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">926</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">958</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Asia Pacific</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">631</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">613</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Central</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">196</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">189</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Segment assets</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,723</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3,000</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Unallocated assets:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Deferred tax receivable</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">95</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Current tax receivable</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">35</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">36</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Cash and cash equivalents</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">40</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">82</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Total assets</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2,893</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">3,118</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 430px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 82px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">4.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top" colspan="4">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Exceptional items</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Continuing operations:</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Exceptional operating items</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 1px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Cost of sales:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Onerous management contracts (a)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(91)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 1px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Administrative expenses:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Holiday Inn brand relaunch (b)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(19)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(35)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Reorganisation and related costs (c)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(43)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(24)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Enhanced pension transfer (d)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(21)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(83)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(59)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 1px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other operating income and expenses:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Gain on sale of associate investments</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">13</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Gain on sale of other financial assets</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">14</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Loss on disposal of hotels*</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">25</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 1px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Depreciation and amortisation:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Reorganisation and related costs (c)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 1px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 1px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Impairment:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Property, plant and equipment (e)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(28)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(12)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Assets held for sale (f)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(45)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Goodwill (g)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(78)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(63)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Intangible assets (h)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(32)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(21)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Other financial assets (i)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(14)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(197)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(96)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(373)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(132)</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Tax</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Tax on exceptional operating items</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">112</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">17</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Exceptional tax credit (j)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">175</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">25</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 382px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">287</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">42</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Discontinued operations:</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Gain on disposal of assets (k):</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 45px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Gain on disposal of hotels **</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 45px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Tax credit</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 45px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 390px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">6</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">*</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Relates to hotels classified as continuing operations.</font></font></font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">**</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Relates to hotels classified as discontinued operations.</font></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">4.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Exceptional items (continued)</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">These items are treated as exceptional by reason of their size or nature.</font></font></font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">a)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">An onerous contract provision of $65m has been recognised for the future net unavoidable costs under a performance guarantee related to certain management contracts with one US hotel owner.&nbsp; In addition to the provision, a deposit of $26m has been written off as it is no longer considered recoverable under the terms of the same management contracts.</font></font></font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">b)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Relates to costs incurred in support of the worldwide relaunch of the Holiday Inn brand family that was announced on 24 October 2007.</font></font></font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">c)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Primarily relates to the closure of certain corporate offices together with severance costs arising from a review of the Group's cost base.</font></font></font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">d)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Relates to the payment of enhanced pension transfers to those deferred members of the InterContinental Hotels UK Pension Plan who had accepted an offer to receive the enhancement either as a cash lump sum or as an additional transfer value to an alternative pension plan provider.&nbsp; The exceptional item comprises the lump sum payments ($9m), the IAS 19 settlement loss arising on the pension transfers ($11m) and the costs of the arrangement
                        ($1m).&nbsp; The payments and transfers were made in January 2009.</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">e)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Recognised at 30 June 2009, comprising $20m relating to a North American hotel and $8m relating to a European hotel, arising from a review of estimated recoverable amounts taking into account the current economic climate.&nbsp; The charge of $12m in 2008 related to a North American hotel.</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">f)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Relates to the valuation adjustments required at 30 June 2009 on the reclassification to property, plant and equipment of four North American hotels no longer meeting the 'held for sale' criteria of IFRS 5 'Non-current Assets Held for Sale and Discontinued Operations' as sales are no longer considered highly probable within the next 12 months.&nbsp; The adjustments comprise $14m of depreciation not charged whilst held for sale and $31m of further
                        write-downs to recoverable amounts, as required by IFRS 5.&nbsp; The results of two of the hotels, previously classified as discontinued operations, are now reported as continuing operations and prior period results have been re-presented on a consistent basis.</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">g)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Relates to the Americas managed operations and reflects the impact of the global economic downturn and, in particular, IHG's funding obligations under certain management contracts with one US hotel owner.&nbsp; $21m was charged at 30 September 2009 and $57m at 30 June 2009, following on from the $63m recognised at 31 December 2008.&nbsp;</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">h)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">The impairment charges relate to the capitalised value of management contracts and arise from revisions to expected fee income.&nbsp; In 2009, the impairment was recorded at 30 June 2009 and relates to Americas managed operations.&nbsp; In 2008, the impairment related to EMEA managed operations.</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">i)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Relates to an available-for-sale equity investment and arises as a result of a significant and prolonged decline in its fair value below its cost.</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">j)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Relates to the release of provisions which are exceptional by reason of their size or nature relating to tax matters which have been settled or in respect of which the relevant statutory limitation period has expired.</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">k)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 578px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial">Relates to tax arising on disposals together with the release of provisions no longer required in respect of hotels disposed of in prior years.</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">5.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 621px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Tax</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 621px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">The tax charge on the combined profit from continuing and discontinued operations, excluding the impact of exceptional items (note 4), has been calculated using an estimated effective annual tax rate of 5% (2008 23%) analysed as follows.</font></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Year ended 31 December</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Profit</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Tax</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Tax</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">rate</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Profit</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Tax</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Tax</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">rate</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Before exceptional items</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Continuing operations</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">309</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(15)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5%</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">448</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(101)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">23%</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Exceptional items</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Continuing operations</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(373)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">287</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(132)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">42</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Discontinued operations</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">5</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(62)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">276</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">316</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(54)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Analysed as:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 22px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">UK tax</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">9</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(5)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 22px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 154px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Foreign tax</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">267</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(49)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">276</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(54)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 54px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 61px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 57px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 621px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">By also excluding the effect of prior year items, the equivalent effective tax rate would be approximately 42% (2008 39%).&nbsp; Prior year items have been treated as relating wholly to continuing operations.</font></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">6.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 641px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Earnings per ordinary share</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 641px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Basic earnings per ordinary share is calculated by dividing the profit for the year available for IHG equity holders by the weighted average number of ordinary shares, excluding investment in own shares, in issue during the year.</font></font></font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">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 year.</font></font></font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">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></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Continuing</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">operations</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Total</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Continuing</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">operations</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">Total</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Basic earnings per ordinary share</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Profit available for equity holders ($m)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">207</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">213</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">257</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">262</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Basic weighted average number of ordinary shares (millions)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">285</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">285</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">287</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">287</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Basic earnings per ordinary share (cents)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">72.6</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">74.7</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">89.5</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">91.3</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Diluted earnings per ordinary share</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Profit available for equity holders ($m)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">207</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">213</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">257</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">262</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Diluted weighted average number of ordinary shares (millions)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">295</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">295</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">296</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">296</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Diluted earnings per ordinary share (cents)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">70.2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">72.2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">86.8</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">88.5</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Adjusted earnings per ordinary share</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Profit available for equity holders ($m)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">207</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">213</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">257</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">262</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Adjusting items (note 4):</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 286px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Exceptional operating items ($m)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">373</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">373</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">132</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">132</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 286px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Tax on exceptional operating items ($m)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(112)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(112)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(17)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(17)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 286px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Exceptional tax credit ($m)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(175)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(175)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(25)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(25)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 10px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 286px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Gain on disposal of assets, net of tax ($m)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(6)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(5)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Adjusted earnings ($m)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">293</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">293</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">347</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">347</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Basic weighted average number of ordinary shares (millions)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">285</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">285</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">287</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">287</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Adjusted earnings per ordinary share (cents)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">102.8</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">102.8</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">120.9</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">120.9</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Diluted weighted average number of ordinary shares (millions)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">295</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">295</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">296</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">296</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Adjusted diluted earnings per ordinary share (cents)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">99.3</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">99.3</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">117.2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">117.2</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 310px; PADDING-TOP: 0cm" valign="top" colspan="2">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 70px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 58px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Earnings per ordinary share from discontinued operations</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">cents per share</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">cents per share</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Basic</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2.1</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1.8</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Diluted</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">2.0</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">1.7</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">The diluted weighted average number of ordinary shares is calculated as:</font></font></font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">millions</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">millions</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Basic weighted average number of ordinary shares</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">285</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">287</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Dilutive potential ordinary shares - employee share options</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">10</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">9</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">295</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">296</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 406px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">7.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top" colspan="5">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Dividends</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">cents per share</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">cents per share</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Paid during the year:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Final (declared for previous year)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">29.2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">29.2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">83</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">86</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Interim</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">12.2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">12.2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">35</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">32</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">41.4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">41.4</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">118</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">118</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Proposed for approval at the Annual General Meeting (not recognised as a liability at 31 December)</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Final</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">29.2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">29.2</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">84</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">83</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 190px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 621px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">The proposed final dividend is payable on the shares in issue on 26 March 2010.</font></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt">
                &nbsp;
            </div>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <div style="DISPLAY: inline; FONT-SIZE: 11pt">
                &nbsp;
            </div>
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">8.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 629px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Net debt</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Cash and cash equivalents</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">40</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">82</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Loans and other borrowings - current</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(106)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(21)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Loans and other borrowings - non-current</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1,016)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1,334)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Net debt</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(1,082)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(1,273)</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Finance lease liability included above</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(204)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(202)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">9.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 629px; PADDING-TOP: 0cm" valign="top" colspan="3">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Movement in net debt</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2009</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">2008</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">$m</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Net (decrease)/increase in cash and cash equivalents</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(44)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">25</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Add back cash flows in respect of other components of net debt:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Issue of &pound;250m 6% bonds</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(411)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">-</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Decrease in other borrowings</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">660</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">316</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Decrease in net debt arising from cash flows</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">205</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">341</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Non-cash movements:</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Finance lease liability</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(2)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Exchange and other adjustments</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(12)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">47</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Decrease in net debt</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">191</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">386</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">Net debt at beginning of the year</font></font></font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1,273)</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">(1,659)</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">____</font>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Net debt at end of the year</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(1,082)</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <b><font face="arial">(1,273)</font></b>
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 21px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 413px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 94px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial" align="right">
                        <font face="arial">====</font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            <font face="arial"><font face="arial"><font face="arial"><br>
            <br>
            </font></font></font>
        </div>

        <div style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: arial">
            <font face="arial"><br>
            <br>
            </font>
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">10.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Capital commitments and contingencies</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">At 31 December 2009, the amount contracted for but not provided for in the financial statements for expenditure on property, plant and equipment and intangible assets was $9m (2008 $40m).</font></font></font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">At 31 December 2009, the Group had contingent liabilities of $16m (2008 $12m) mainly relating to litigation claims.</font></font></font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">In limited cases, the Group may provide performance guarantees to third-party owners to secure management contracts.&nbsp; The maximum outstanding exposure under such guarantees is $106m (2008 $249m).&nbsp; Payments under any such guarantees are charged to the income statement as incurred.</font></font></font>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">From time to time, the Group is subject to legal proceedings the ultimate outcome of each being always subject to many uncertainties inherent in litigation.&nbsp; The Group has also given warranties in respect of the disposal of certain of its former subsidiaries.&nbsp; It is the view of the Directors that, other than to the extent that liabilities have been provided for in these financial statements, such legal
                        proceedings and warranties are not expected to result in material financial loss to the Group.</font></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">11.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Other commitments</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">On 24 October 2007, the Group announced a worldwide relaunch of its Holiday Inn brand family.&nbsp; In support of this relaunch, IHG will make a non recurring revenue investment of $60m which will be charged to the Group income statement as an exceptional item.&nbsp; During the year, $19m (2008 $35m) has been charged.</font></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">12.</font></b>
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Group financial statements</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">The preliminary statement of results was approved by the Board on 15 February 2010.&nbsp; The preliminary statement of results does not represent the full Group financial statements of InterContinental Hotels Group PLC and its subsidiaries which will be delivered to the Registrar of Companies in due course.&nbsp; The financial information for the year ended 31 December 2008 has been extracted from the IHG Annual
                        Report and Financial Statements for that year as filed with the Registrar of Companies, except as re-presented for discontinued operations (note 1).</font></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <p></p>

        <table style="MARGIN-LEFT: -5.4pt; WIDTH: 679px; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0">
            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <b><font face="arial">Auditors' review</font></b>
                    </div>

                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>
            </tr>

            <tr>
                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 29px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        &nbsp;
                    </div>
                </td>

                <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0cm; WIDTH: 622px; PADDING-TOP: 0cm" valign="top">
                    <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
                        <font face="arial"><font face="arial"><font face="arial">The auditors, Ernst &amp; Young LLP, have given an unqualified report under Chapter 3 of Part 16 of the Companies Act 2006 in respect of the full Group financial statements (2008: Section 235 of the Companies Act 1985).</font></font></font>
                    </div>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <div style="FONT-SIZE: 10pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: arial">
            &nbsp;
        </div>

        <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="left">&nbsp;</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>
        &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>

        <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'">16 February 2010</font></p>
                </td>
            </tr>

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                    <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>
        <br>
        <br>

        <p>&nbsp;</p>

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