Disposal of entire 50% interest in Festival Walk to Swire Properties Limited.

Established a joint venture in relation to the Phase 2 of the Shanghai Shipyard Land Development Project with 49% interest

Disposal of all the interest in Tung Chau Street Development

Agreements were entered into by the Company on 8 June 2006 in relation to the restructuring of the shareholdings in Dragonair and Cathay

Agreements were entered into by the Group on 31 March 2006 to acquire potential mining rights over 6 billion tonnes of magnetite ore in Western Australia. Acquisition of the right to extract 1 billion tonnes of magnetite ore under Sino Iron Acquisition Agreement was completed in July 2006.

An agreement was entered into by the Group on 24 July 2006 to dispose of 60% interest in Jilin Xinli Power Cogeneration Co., Ltd. to Jilin Provincial Energy & Communications Corporation

Established a joint venture in relation to the Phase 3 of the Shanghai Shipyard Land Development Project with 49% interest

Acquired interest in Shijiazhuang Iron & Steel Co. Ltd.

Acquired the remaining 20% interest in CITIC Square in Shanghai