FIL Limited is a leading global, independent investment management firm. The company was established in Bermuda in 1969 to provide investment products and asset management services to investors outside the Americas and with access to resources based in the United States of our affiliate company, Fidelity Management and Research (“FMR”) LLC. FIL Limited also runs the offshore investment management operations of FMR LLC. Today, FIL Limited manages nearly US$257.7 billion1 in assets for individuals and institutional investors outside the Americas. The group has a wide range of innovative investment products and services, which include mutual funds, retirement solutions, segregated portfolios and multi-manager products.

Undivided Asset Management Focus

FIL Limited is a privately owned company with a single focus – managing individuals’ and institutions’ investment assets. As a private enterprise, FIL Limited has the independence to devote its resources to providing customers with peerless service, achieving excellence in investment management, and working towards long-term, sustainable business goals.

Delivering the Best in Client Services

The company’s corporate culture is built upon the goal of delivering the very best client service and upholding the highest ethical standards in its approach. This commitment to customer interests and conducting business ethically is the basis of its success over a period of nearly four decades and has been recognised through the receipt of Asia Asset Management’s “Best of the Best Country Awards 2007: Winner award for Hong Kong Best Client Servicing for MPF” as well as Sing Tao Excellent Services Brand Award 2008 (Fund Management Category).

Dynamic Investment Processes Drive Performance

FIL Limited aims to deliver superior long-term performance through a unique investment approach, which emphasises consistency, bottom-up stock selection, intensive in-house research and allowing investment managers the discretion to excel through individual initiative.

Extensive Global Research Capabilities

The company’s investment managers are supported by an in-house research platform, with a breadth of capabilities which covers 95% of the world’s stock markets by capitalisation based on MSCI World Index2. FIL Limited has a team of over 180 research professionals on the ground in 23 major markets globally, who provide keen local insight and market knowledge to the investment managers. FIL Limited is also supported by more than 300 research professionals employed by FMR LLC, the group’s US-based affiliate company. (Updated as of 31 March 2008)

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About FIL Limited

Development in Asia Pacific

With these competitive advantages, FIL Limited has become one of the largest and widely recognised mutual fund houses in the Asia-Pacific region. Since the company established its first Asia-Pacific operations in Tokyo in 1969, it has further built its presence in Hong Kong (1981), Taipei (1986), Sydney (1996), Seoul (2000) and Singapore (2003). FIL Limited also has a representative office in China to actively evaluate emerging business opportunities as the mainland market continues to develop.

A Leading Retirement Planning Provider in Hong Kong

In Hong Kong, the company offers a full range of investment products and services, which encompass mutual funds, defined contribution pension schemes, segregated portfolios and multi-manager products, to retail and institutional investors. It currently offers more than 80 mutual funds to investors through over 100 distributors in Hong Kong, including retail banks and insurance companies. FIL Limited is also the largest provider of ORSO (Occupational Retirement Schemes Ordinance) Member Choice Defined Contribution Scheme3 and one of the top ten MPF (Mandatory Provident Fund) scheme providers in Hong Kong4.

Sources: 1. Fidelity International, June 30, 20082. Fidelity Equity Research as of March 31, 20073. Watson Wyatt Manager Watch Report, December 31, 20074. MPF Performance Book, Watson Wyatt Hong Kong Limited, March 31, 2008

Fidelity is not authorised to manage or distribute investment funds or products in, or to provide investment management or advisory services to persons resident in, the People’s Republic of China.

The content of this document is intended to be viewed for informational purposes only and cannot be construed as an offer or solicitation to purchase any investment fund or product of Fidelity, or an offer or solicitation to engage the investment management services of Fidelity. This document may not be circulated or reproduced without the written consent of Fidelity.

Fidelity, Fidelity International, and Fidelity International and Pyramid Logo are trademarks of FIL Limited.

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