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from the producers of SPECIAL GUEST SPEAKER James McGregor Author, SAVE UP TO One Billion Customers: US$550 Lessons From The Front Lines Of Doing Business In Book Before 21 July 06 www.icbi-superreturnasia.com 100+ Bringing Together The Leading Local & International LPs, GPs Outstanding Speakers:

• Allianz Partners & Entrepreneurs Focused On Buy Outs, • • Partners Group • Adams Street Partners & Venture Investing In China, India, Japan, Korea & • CDH Investments • Commonfund Capital • WI Harper Meet & Hear The Latest Expert Insights From These Renowned Industry Figureheads • Siguler Guff & Company • UBS • The World Bank Pension Plan Economic • Pantheon Partners (Asia) Outlook • Search Investment Group • Temasek • Gartmore Private Equity • • Orchid Asia Group Management • Apax Partners Worldwide • Sequoia Capital China • Alpinvest Partners • Citic Capital Markets Holdings KY Tang Daniel Carroll Jonathan Anderson Andrew Liu James McGregor Wu Shang Zhi • CPP Investment Board Chairman & Managing Managing Partner Head of Asia Pacific CEO Author, Chairman & Managing • SAIF Partners Partner NEWBRIDGE CAPITAL Economics CCMP CAPITAL ASIA One Billion Customers: Partner • Eplanet Ventures AFFINITY EQUITY UBS Lessons From The Front CDH INVESTMENTS PARTNERS Lines Of Doing • Baring Private Equity Asia Business In China • Microsoft • GE Asset Management • Newbridge Capital • CCMP Capital Asia Don’t Miss Unparalleled LP Perspectives LP • Affinity Equity Partners • Intel Capital • Capricorn Management • CeTIM • IDGVC Partners • Unison Capital • The Longreach Group • DT Capital Partners • Navis Capital Partners • MBK Partners • TD Capital Private Equity Investors • Vinacapital Group Frank Tang Volkert Doeksen Wanching Ang Gumersindo Oliveros Mark Wiseman Jason Zhang • Deloitte MD, Investments CEO CEO Director Pension VP Private Investments Director, Asian • RHO Fund Investors TEMASEK ALPINVEST PARTNERS ALLIANZ PRIVATE Investments CPP INVESTMENT Investments • TVM Capital EQUITY PARTNERS THE WORLD BANK BOARD STANFORD • Advantage Group PENSION PLAN MANAGEMENT • Vogo Investment COMPANY • ChrysCapital • Monitor Group 35+ EndowFor PensionFREE Funds, • Thomas Capital Group The Largest Line-Up Of Institutional Investors m ents, Fam • IVF Advisors • CDC Group    Allianz Private Equity Partners Stanford Management Company Nippon Life ily O • LGT Capital Partners  Commonfund Capital  Alpinvest Partners  Alternative Investment Capital ffices • Probitas Partners    • Stanford Management Company Siguler Guff & Company CPP Investment Board CZR Capital • Jafco Asia  The World Bank Pension Plan  GE Asset Management  Industry Funds Management • HKVCA  Pantheon Partners (Asia)  Capricorn Management  Capital Dynamics • Financial Forum  Search Investment Group  TD Capital Private Equity Investors  Macquarie Funds Management • Asia Alternatives Management    • Insead Temasek RHO Fund Investors TIF Ventures • Crimson Investments  Gartmore Private Equity  LGT Capital Partners  Swiss Re • Nippon Life Insurance  Partners Group  Asia Alternatives Management LLC  PSS/CSS • Cambridge Associates  Adams Street Partners  CDC Group  HarbourVest Partners (Asia) • Qualcomm Ventures • Alternative Investment Capital • Mitsubishi Corporation Plus! TAX, REGULATION & EXITS SUMMIT • DB Capital Partners • CZR Capital Understanding & Overcoming The Tax & Regulatory Barriers For Successful Investment & Divestment • Industry Funds Management • Capital Dynamics Thursday 14th September 2006 • IBM Corporation • ID Techventures • Lombard Investments Featuring exclusive keynote addresses from: • The Investment Fund for Foundations • Capital Today Group Neil Shen Asad Jamal • Asiatech Ventures Founding Managing Partner Founder, Chairman & Chief Executive • Macquarie Funds Management SEQUOIA CAPITAL CHINA EPLANET VENTURES • Debevoise & Plimpton LLP • TIF Ventures & Former President • ICICI Venture Funds Management CTRIP.COM • Champ Private Equity • IL & FS Investment Managers • Swiss Re • PSS/CSS in-depth country clinic workshops on China • TIFF Plus! • TVG Capital Partners • Lovells Hear What Leading Industry Players Say About SuperReturn Asia • HarbourVest Partners (Asia) • Evolvence Capital "For years I have attended the SuperReturn conference "The SuperReturn events are a must attend for in Europe as the pre-eminent gathering in Europe, it is serious investors as it brings together the global leaders Island Shangri-La, great to see a conference of this stature arriving in Asia" in private equity" Main Conference: 12 & 13 September 2006 Jean Eric Salata, BARING PRIVATE EQUITY ASIA Gordon Hargraves, RHO FUND INVESTORS Summit: 14 September 2006 Tel: +44 (0)20 7915 5103 Principal Sponsor Sole Legal Sponsor Fax: +44 (0)20 7915 5101 [email protected] www.icbi-superreturnasia.com Co-Sponsors organised by KN2126 SR ASIA06 in 3/5/06 4:58 pm Page 2

Main Conference Day 1 - Tuesday 12 September 2006 Main Conference Day 2 - Wednesday 13 September 2006

08:15 Registration & Coffee 08:15 Registration & Coffee Chairman's Opening Address: Chairman's Welcome Address: 08:45 08:50 Thomas M. Britt III, Partner, DEBEVOISE & PLIMPTON LLP Lawrence Chia, Asia Pacific Managing Partner, M&A Transaction Services, DELOITTE

PRIVATEPRIVATE EQUITY EQUITY INDUSTRY INDUSTRY OUTLOOK OUTLOOK PANEL PANEL PRIVATEPRIVATE EQUITY EQUITY STRATEGY PANEL PANEL Examining The Future Of Private Equity In Asia: Where Will The Best Opportunities Be Found A Question Of How Not Why For Asian Private Equity: And What Will Be The Focus Of The Future Landscape? Determining The Optimum Strategy - Regional or Country Funds? Global Or Local Player? Chair: Alan Alpert, Global Managing Partner, M&A Transaction Services, DELOITTE Moderator: Jean Eric Salata, Chairman & CEO, BARING PRIVATE EQUITY ASIA 09:00 Wu Shang Zhi, Chairman & Managing Partner, CDH INVESTMENTS 09:00 K Y Tang, Chairman & Managing Partner, AFFINITY EQUITY PARTNERS John Ehara, Partner, UNISON CAPITAL Volkert Doeksen, Managing Partner & CEO, ALPINVEST PARTNERS Andrew Liu, Managing Partner & CEO, CCMP CAPITAL ASIA Yichen Zhang, CEO, CITIC CAPITAL MARKETS HOLDINGS Ivan Vercoutere, Partner, LGT CAPITAL PARTNERS Frank Tang, Managing Director, Investments, TEMASEK Michael B. Kim, Partner, MBK PARTNERS Ta-Lin Hsu, Chairman, H&Q ASIA PACIFIC SPECIALSPECIAL GUESTGUEST ADDRESS ADDRESS 10:00 Morning Coffee & Networking Break Common-Sense Talk About An Uncommon Country 09:50 360 DEGREE INDUSTRY OVERVIEW PANEL James McGregor, Author 360 DEGREE INDUSTRY OVERVIEW PANEL One Billion Customers: Lessons From The Front Lines Of Doing Business In China Designing The Most Successful Model For Private Equity In Asia: 10:45 Morning Coffee & Networking Break To What Extent Can The Western Model Be Applied? LP KEYNOTE ADDRESS Moderator: Max Burger-Calderon, Senior Partner & Chairman Asia LP KEYNOTE ADDRESS APAX PARTNERS WORLDWIDE Lessons From 25 Years Of Global Private Equity Investing 10:30 11:20 Chris Meads, Partner, PANTHEON CAPITAL (ASIA) Gumersindo Oliveros, Director, Pension Investments Daniel Carroll, Managing Partner, NEWBRIDGE CAPITAL THE WORLD BANK PENSION PLAN Gabriel Li, Managing Director, ORCHID ASIA GROUP MANAGEMENT LPLP OUTLOOK OUTLOOK ON ON ASIA ASIA Hugo Shong, General Partner, IDGVC PARTNERS The View On Asia- Is It Just Hype Or A Market For Sustainable Growth Andrew M. Ostrognai, Partner, DEBEVOISE & PLIMPTON LLP And Opportunities? Designing A Robust Strategy For Private Equity Investment In Asia ECONOMICECONOMIC OUTLOOKOUTLOOK ON ON ASIA ASIA James Seymour, Senior Advisor, COMMONFUND CAPITAL 11:30 Eight Big Questions About Asia 11:40 Mark Wiseman, VP, Private Investments, CPP INVESTMENT BOARD Economic Jonathan Anderson, Head of Asia Pacific Economics, UBS Outlook Wanching Ang, CEO, ALLIANZ PRIVATE EQUITY PARTNERS Gordon Hargraves, Partner, RHO FUND INVESTORS 12:30 Lunch Gumersindo Oliveros, Director, Pension Investments COUNTRY CLINICS & DEALS & RETURNS SUCCESSFUL MANAGER THE WORLD BANK PENSION PLAN SUCCESSFUL ENTRY Chair: DELOITTE SELECTION 12:30 Lunch STRATEGIES

COUNTRY CLINICS & LP PERSPECTIVE The Perspective: SUCCESSFUL INVESTMENT What Does The Future Face SUCCESSFUL ENTRY ON ASIA Off The Record Designing & Implementing A STRATEGIES Of Chinese Venture Look Like? A STRATEGIES Chair: TVG CAPITAL PARTNERS with Robust Asset Allocation Strategy 14:00 Pure- Domestic Player Or For Successful Risk Jonathan Anderson A US Venture Affiliated Firm? Which Strategy For Which Adjusted Returns UBS JAFCO Market? - How Will Each Market LP PARTNERS GROUP Off The Record Evolve In Buyouts, Venture And with Growth? Where Will The Biggest Dissecting Asia: The Role Of Asian Success Lie? Which Market(s) To Country Clinic: China Private Equity In A Global 14:00 James McGregor How To Successfully SAIF PARTNERS Focus On? And How To LP view Portfolio: How Do Extended Session Enter China: Overcoming Buy-Outs In India: Examining NAVIS CAPITAL PARTNERS Overcome The Risks And You Apply The Western The Hurdles And Understanding The State Of Play Today And ICICI VENTURE FUNDS Generate Successful Returns Manager Selection Process The Realities Of Private Equity What The Future Will Bring MANAGEMENT For The Longer Term To Asia? How To Distinguish 14:30 & In China Between Teams And Managers GE ASSET MANAGEMENT DEBEVOISE & PLIMPTON LLP Moderator: Moderator: To Find Consistent Performance Country Clinic: India TVG CAPITAL PARTNERS ASIATECH VENTURES Moderator: PARTNERS GROUP The Coming Of Age Of Private Panellists tbc Equity In India: To What Extent Is IDTECH VENTURES STANFORD MANAGEMENT India A Hot Bed Of Deals? Are TD CAPITAL PRIVATE DT CAPITAL MANAGEMENT SWISS RE There Too Many Funds For Examining The Opportunities In EQUITY INVESTORS TIFF Too Few Good The Life Science Space In Asia SEARCH INVESTMENT Showcasing The Breadth Of 14:30 Investment Opportunities? With A Focus On India GROUP The Impact Of Recent Key DATA Moderator: Entrepreneurs Active In Asia: CAPRICORN Legal Developments In China GARTMORE PRIVATE EQUITY Examining The Numbers: Assessing The Different EVOLVENCE INDIA MANAGEMENT On Venture Capital And Private IL&FS INVESTMENT Equity Investors In China - Overcoming The Lack Of Data To Strengths & Weaknesses For Successfully Evaluate Returns Better Alignment Of Interests MANAGERS 15:00 Focusing On The PRC Company IVF ADVISORS Law And The Venture Moderator: JAFCO CHRYSCAPITAL Investment Enterprise CAMBRIDGE ASSOCIATES Administrative Procedures INTEL CAPITAL Country Clinic: SE Asia Real Estate What's In A Name? - Manager IDGVC PARTNERS Understanding South East Asia: Selection By Brand? LOVELLS What Are The Current Market CAPITAL TODAY GROUP 15:00 How Will Real Estate Investment By Longevity? Dynamics And Is It Still 15:30 Afternoon Tea & Networking Break Considered Too Small A Evolve? - Overcoming Challenges By Country Of Origin?

Region To Focus On? And Pinpointing Where Country Clinic: Australia Future Opportunities Are ADAMS STREET PARTNERS Are There Enough Deals To Go NAVIS CAPITAL PARTNERS To Be Found CDC GROUP CZR CAPITAL Round Given The Mammoth VINACAPITAL Successfully Executing Deals In MORGAN STANLEY EVOLVENCE CAPITAL Fundraising Experienced In LOMBARD INVESTMENTS China - Understanding The Australia? - Where Are The Future NEW 16:00 Realities & Challenges Of Deal 15:30 Afternoon Tea & Networking Break Opportunities? Research

Execution And Exits DB CAPITAL PARTNERS Extended Session Investing When Faced With A Strengthening The Domestic DELOITTE Country Clinic: China Wall Of Money: Is Deal Flow Institutional Investor Market: MACQUARIE FUNDS A Dynamic Model For The New Rules On MBOs Sustainable And Which Flavour Experiences From Seasoned MANAGEMENT Managing VC-Entrepreneur Involving State-Owned Assets - Of The Month Investment Investors And How They Are CHAMP PRIVATE EQUITY Relationship Dynamics: 16:00 How They Impact On Venture Strategy Will Prevail For The Evaluating Their Portfolios And Capital And Private Equity Longer Term? Picking New Funds Managing Control & Investors In China Moderator: Country Clinic: Japan Co-operation Issues SIGULER GUFF HARBOUVEST PARTNERS Japan, Land Of The Rising To Optimizing LOVELLS MORGAN STANLEY (ASIA) Buyout Fund: Evaluating THOMAS CAPITAL The Relationship Value TIF VENTURES The Current Japanese Buyout NIPPON LIFE INSURANCE Market - What Is The Status The Fundamentals Of Doing One Size Does Not Fit All: INSEAD PSS/CSS Of Deal Sourcing And Exits? Profitable Deals In China: Case Comparing And Contrasting U.S. Examining The Outlook For IFM Moderator: Versus Asian Private Equity 16:30 Study 16:30 Venture In Asia From The ALTERNATIVE INVESTMENT PROBITAS PARTNERS Corporate VC Perspective: CAPITAL & MITSUBISHI CRIMSON INVESTMENTS Is There A Preferred Strategy And CORPORATION THE LONGREACH GROUP NEWBRIDGE CAPITAL Model For Investment? ALTERNATIVE INVESTMENT Examining The Opportunities Of Moderator: CeTIM CAPITAL Cross Border Buyouts Between UNISON CAPITAL The US And Asia - What Risks And QUALCOMM VENTURES Is Asia Ready Now? Overcoming Returns Can Be Expected? IBM Risk And Performance Concerns ADVANTAGE GROUP 17:00 Moderator: For A Successful Private Equity MICROSOFT Country Clinic: Korea CRIMSON INVESTMENTS INTEL CAPITAL Investment Programme Examining The Buyout Comparing GP WI HARPER In Asia An Appraisal Of Asian Best H&Q ASIA PACIFIC Market In Korea: To What Best Practices Practices Investment Opportunities: Which MONITOR GROUP Extent Are The Tax And Around The World: Market Will Provide The Best Regulatory Hurdles Surmountable How Does Asia Really Stack Up? Champagne Round-tables - see page 3 Returns For For Foreign Investors In Korea? And What Does This Mean For 17:00 Moderator: Each Strategy Of Growth, Buyout SIGULER GUFF The Future Of Private Equity SEOUL FINANCIAL FORUM And Venture DELOITTE ALPINVEST PARTNERS James McGregor & VC In Asia? 17:30 & CO ASIA ALTERNATIVES DEBEVOISE & PLIMPTON LLP GARTMORE PRIVATE EQUITY MANAGEMENT LLC DEBEVOISE & MBK PARTNERS CAPITAL DYNAMICS TIFF TEMASEK IFM PLIMPTON LLP H&Q AP KOREA TVM CAPITAL VOGO INVESTMENT 18:30 The SuperReturn Asia 2006 Gala Cocktail Party 17:30 End of Main Conference 20:00 THURSDAY 14TH SEPTEMBER - TAX, REGULATION & EXITS SUMMIT

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TAX, REGULATION & EXITS SUMMIT Thursday 14 September 2006

08:45 Registration & Coffee 11:30 relocated to China in 1994. Mr Tsoi was invited by the TAX, REGULATION & EXITS SUMMIT PRC Ministry of Finance as a tax expert to participate Understanding & Overcoming The Tax & in the PRC tax reform focus group. He is the Regulatory Barriers For Successful EXTENDED DISCUSSION: contributing author of two books "Doing Business in Investment & Divestment 09:15 Chairman’s welcome address China" and "PRC Tax Manual" and the author for the TALKING EXITS IBFD’s "Mergers and Acquisition in China". His articles THURSDAY 14TH SEPTEMBER 2006 Understanding Exit Structures In Asia: have been published and quoted by numerous professional journals such as International Tax Review, Can Exits Such As Baidu And Bharti 08:45 Registration & Coffee 09:30 Tax Notes International, China Tax Review, The Telecoms Become A Regular Feature And Economist and Asian Wall Street Journal. He was voted 09:15 Chairman's Welcome Address What Is Needed To Make This Possible? three times as the "Top Tax Advisor" in China by OPENING International Tax Review. OPENING KEYNOTE KEYNOTE Neil Shen Vivian Jiang, Tax Partner, M&A and Understanding The Asian Entrepreneur: International Tax Achieving Success From Founding Managing Partner Understanding The Asian Entrepreneur: SEQUOIA CAPITAL CHINA DELOITTE The Beginning To Post-Exit Vivian is specialized in providing tax related transaction 09:30 Achieving Success From The Beginning See above for biographical details support services covering due diligence review and Neil Shen To Post-Exit deal structuring/advisory to a wide range of industries, Founding Managing Partner • Invest in China: Opportunities and Pitfalls Asad Jamal including manufacturing, logistics/distribution, SEQUOIA CAPITAL CHINA transportation, real estate, technology. Vivian’s • Why Sequoia Capital China? Founder, Chairman & Chief Executive extensive experience in China includes advising (& Former President, CTRIP.COM) EPLANET VENTURES companies on market entry strategy into China, KEYNOTE ADDRESS Neil Shen international structuring and investment vehicle See above for biographical details selection, cross-border transactions, financing and cash Case Study On The Experiences Of Founding Managing Partner repatriation strategies, merger and acquisitions and Successfully Exiting In China: What Are SEQUOIA CAPITAL CHINA 12:30 Lunch corporate reorganization. She also provides consulting services relating to regulatory issues when operating in 10:15 The Lessons To Be Learnt (& Former President China, such as investment regulations, foreign Asad Jamal CTRIP.COM) CHINA COUNTRY CLINIC exchange. Founder, Chairman & Chief Executive Neil Shen is the Founding Managing In-depth practical workshops delving EPLANET VENTURES Partner of Sequoia Capital China. 14:30 DISCUSSION & NETWORKING Prior to that, he was President and CFO of Ctrip.com into the intricacies of this hot market 11:00 Morning Coffee & Networking Break International, Limited (NASDAQ: CTRP), the largest travel consolidator in China, which he co-founded in 16:00 END OF SUPERRETURN ASIA EXTENDED DISCUSSION: 1999 and currently serves a board director. Mr. Shen TALKING EXITS also co-founded Home Inns, the leading economy hotel chain in China, which he acts as its Deputy Chairman. Understanding Exit Structures In Asia: Can He is also a board director of Focus Media Limited Exits Such As Baidu And Bharti Telecoms (NASDAQ: FMCN), the largest out-of-home digital Become A Regular Feature And What Is media concern in China. He was voted as 13:30 “entrepreneur of the year 2004” by Asian Venture Needed To Make This Possible? Innovative Exit Strategies For Private 11:30 Journal. Before founding Ctrip, Mr. Shen had worked Enjoy Dining In The Award- Neil Shen, Founding Managing Partner for more than eight years in the Equity In China: How To Structure Deals industry in New York and Hong Kong. He was a SEQUOIA CAPITAL CHINA In Order To Mitigate Risk And Ensure Winning Restaurants And Take director and Head of Global Markets for China at Transactions Are Handled Successfully where he worked from 1996 to 1999. Asad Jamal In The Breathtaking Views Founder, Chairman & Chief Executive 10:15 Li Li, Partner EPLANET VENTURES DEBEVOISE & PLIMPTON LLP Li Li is the managing partner of Debevoise & 12:30 Lunch KEYNOTE Plimpton’s Shanghai office. Before relocating to CHINA COUNTRY CLINIC Shanghai, Ms. Li practiced in New York in the areas of ADDRESS asset based lending, aircraft financing, mortgage In-depth practical workshops delving into backed securities and project financing. In China, she has been representing multinational companies, the intricacies of Tax, Regulation & Exits Case Study On The Experiences Of in China Chinese companies and fund management in a broad Successfully Exiting In China: What Are range of transactions, including public offerings, private The Lessons To Be Learnt placements, mergers & acquisitions and foreign direct Each session compromises a 25 minutes investments in China. Prior to joining Debevoise in • Case study on successful China exit : Baidu presentation, followed by 25 minutes 2002, Ms. Li was a partner at a leading international Q&A discussion to enable you to better • The IPO journey law firm. understand the complex issues and • Key success factors have your burning questions answered Asad Jamal Further panellists tbc and ending with 10 minutes for more Founder, Chairman & Chief discussion and networking. Executive 14:30 EPLANET VENTURES Maximising The Opportunities In The SuperReturn Asad Jamal is the Founder, Chairman Regulatory And Fiscal Framework In Asia 2006 will and Chief Executive Officer of be held in the 5 Innovative Exit Strategies For Private Equity In ePlanet Ventures. Mr. Jamal founded China For More Successful Private Equity star Island China: How To Structure Deals In Order To ePlanet Ventures in 1999 with a first-mover focus on Investing Mitigate Risk And Ensure Transactions Are global venture capital opportunities. Mr. Jamal Shangri-La Handled Successfully articulated, developed, and executed ePlanet's global, • Prioritize business objectives and streamline Hotel in Hong. 13.30 innovation-driven investment philosophy, while building business models to navigate through the The rooms and Li Li ePlanet's office and business presence throughout the complex and evolving investment environment suites of this DEBEVOISE & PLIMPTON LLP world's major innovation centers in the U.S., Europe, • Identify tax aligned acquisition/entry structure and Asia. Mr. Jamal is responsible for overseeing the luxurious hotel combing with allowable and feasible are among the Further panellists tbc firm's investment portfolio, developing exit strategies, and assisting entrepreneurs with growing their capital/financing structure for business and tax largest in Hong businesses. Since 1999, Mr. Jamal has led and optimization Kong and each sponsored the ePlanet Venture's investments in • Design tax efficient business models to offers breathtaking views of the city and multiple sectors covering a wide range of industries Maximising The Opportunities In The achieve overall cost optimization and easily famous harbour. Its award-winning restaurants Regulatory And Fiscal Framework such as Advertising & Media, Communication & administered compliance process In China For More Successful Wireless, Computing Software, Consumer Internet, bring an exquisite dining experience for the Energy, Enterprise Software, Financial, Life Sciences, • Maximize capital repatriation in a tax efficient culinary epicurean. The hotel also features the 14:30 Private Equity Investing Network, Optical, Security, and Storage Networks. A manner world's largest Chinese silk painting, 'The Alan Tsoi, DELOITTE number of these companies have been listed via Alan Tsoi, Asia Pacific M&A Transaction Great Motherland of China' in its Atrium. & NASDAQ IPO’s such as Chinese companies Baidu Services Tax Leader Vivian Jiang, DELOITTE (BIDU), Kong Zhong (KONG), Focus Media (FMCN). Others have been acquired such as Skype (EBAY), DELOITTE A fantastic venue which has consistently been Mr Tsoi has over 17 years in advising companies in tax 15:30 Discussion & Networking Cyanea (IBM), Safeview, and End2End. voted as the finest hotel in the world! A first- structuring, tax planning, and class venue, for a first-class event. 16:00 END OF SUPERRETURN ASIA 2006 for multinational companies in the US and China. He 11:00 Morning Coffee & Networking Break began his tax consulting career in Michigan USA and

Champagne Roundtables, 12th September 2006

Networking is of the utmost • To What Extent Is There A Backlash Against Foreign Investors • Affiliate Funds Vs. Local Brands Where Should Western Investors importance at SuperReturn Asia event, In Asia? Focus Their Attention? and these provide you with the ideal Volkert Doeksen, Alpinvest Partners Stephen Vicinelli, The Investment Fund For Foundations (TIFF) place to meet face-to-face with some • Impact Of Capital Inflows On Valuations And Return Expectations • Hot Trends In Private Equity In Asia of the key speakers, in small groups Patricia Dinneen, Siguler Guff & Company Thomas M. Britt III & Andrew M. Ostrognai of about 15 people. You will be able to choose between the tables and Debevoise & Plimpton LLP discuss specific issues and ideas that have arisen over the course of • Successfully Executing Deals In China Alan Tsoi, Deloitte • Topic tbc the day in a highly personal and interactive environment. Relax with a Judith Smith, IFM chilled glass of champagne and ease your way into the evening • How To Add Value To Private Equity Investments In Asia entertainment…..which follows on to the SuperReturn Asia Gala Frank Tang, Temasek • Successfully Doing Business In China Cocktail Party. James McGregor

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DAY Main Conference Day 1 1 Tuesday 12 September 2006

09:50 Gumersindo Oliveros MAIN CONFERENCE DAY 1 Director, Pension Investments Tuesday 12 September 2006 SPECIAL THE WORLD BANK PENSION PLAN SPECIAL See above for biographical details GUEST GUEST 12:30 Lunch 08:15 Registration & Coffee ADDRESS 08:45 Chairman’s Opening Address: Common-Sense Talk About An 14:00 Thomas M. Britt III, Partner Uncommon Country James McGregor, Author COUNTRY CLINICS & SUCCESSFUL ENTRY DEBEVOISE & PLIMPTON LLP Thomas Britt is a member of Debevoise & Plimpton’s Securities, Mergers & One Billion Customers: STRATEGIES Acquisitions and Private Equity Groups. His practice focuses on international M&A Lessons From The Front Lines and capital markets transactions as well as private equity financings for companies Of Doing Business In China throughout Asia. Mr. Britt is listed in the 2005 Asia Law Leading Lawyers Survey as James L. McGregor is a journalist-turned- Off The Record one of Asia’s leading practitioners in private equity and venture capital. PLC Which businessman who has lived in for 15 with Lawyer? Yearbook (2006) recommends Mr. Britt for his private equity work and he has years. From 2000 until 2003, Mr. McGregor was a James McGregor been previously recommended by Euromoney’s “Guide to the World’s Leading Capital partner and the China managing director for GIV Venture Partners, a $140 million Markets Lawyers.” venture capital fund specializing in technology investments in China and India. Mr. Your chance to ask those burning questions about doing business McGregor was a pioneer of the Chinese Internet, serving as an advisor to many in China. This informal session gives you the opportunity to have 09:00 Chinese Internet startups and as a board member of Sohu.com during the company’s your hard-to-answer questions on your mind tackled by our special NASDAQ listing. From 1994 to 2000, Mr. McGregor was chief executive of Dow guest expert. Jones & Co. in China, and a vice-president in the Dow Jones International Group. In that role for Dow Jones, starting with himself and one assistant, Mr. McGregor built a 14:30 PRIVATE EQUITY INDUSTRY portfolio of media businesses in China that employed some 150 Chinese professionals with offices in Beijing, Shanghai, Shenzhen and Hong Kong. OUTLOOK PANEL Mr. McGregor’s China career began in 1985 when he backpacked through China to Country Clinic: India explore the country and decide if he wanted to learn Mandarin and focus on being a Examining The Future Of Private Equity In Asia: Where journalist in China. At the time, Mr. McGregor was a reporter on Capitol Hill in The Coming Of Age Of Private Equity In Will The Best Opportunities Be Found And What Will Be Washington D.C. for Knight-Ridder Newspapers. His interest in Asia began at age 18 India: To What Extent Is India A Hot Bed Of when he served as an infantry soldier in Vietnam. Mr. McGregor’s 1985 trip to China Deals? Are There Too Many Funds For Too The Focus Of The Future Landscape? convinced him that China would be the most interesting place in the world during his Chair: lifetime. So in 1987, he and his wife sold their belongings and moved to Taipei, Taiwan, Few Good Investment Opportunities? Moderator: Pavan Gupte, Investment Director Alan Alpert with two suitcases each and began studying Mandarin. Mr. McGregor established a freelance news service, and within six months was hired at The Asia Wall Street GARTMORE PRIVATE EQUITY Global Managing Partner, M&A Transaction Journal Taiwan bureau chief. In 1990, McGregor moved to Beijing as The Wall Street Pavan joined Gartmore Investment Management Plc in 2003 to assume responsibility Services Journal China bureau chief. In 1996, Mr. McGregor was Chairman of the American for investment analysis particularly in the European buyout market. Pavan is now an DELOITTE Chamber of Commerce in China. He also served for a decade as a Governor of that Investment Director at Gartmore Private Equity responsible for fund investments and Alan Alpert is a recognized leader in complex merger and acquisition organization. Mr. McGregor is a member of the National Committee on US-China co-investments in the Buyout and Expansion Capital space in Europe and Asia as well (M&A) transactions and has acquired his broad knowledge through years of M&A Relations; a member of the International Council of the Asia Society; and he serves as leading the internal quantitative analytical process. experience. His work includes corporate mega-mergers as well as private equity, on a variety of China-related advisory boards. Rahul Shah, Managing Partner cross-border, tax-free and restructuring transactions. He works with some of the world's largest strategic corporate and equity buyers, and, as Managing Partner of 10:45 Morning Coffee & Networking Break IL&FS INVESTMENT MANAGERS Deloitte’s M&A Transaction Services, he can tap more than 3,000 dedicated Mr Shah has experience in Private Equity, Capital Markets, Management Consultancy. professionals around the world to help provide global M&A services. Areas of specialisation covers the entire front of Asset Management Business with 11:20 specific focus on Investment Strategy~ Corporate Planning and Business Structuring. Prior to joining ILFS Group. Wu Shang Zhi LP KEYNOTE ADDRESS Vishal Nevatia, CEO, IVF ADVISORS Chairman & Managing Partner Vishal joined IVF Advisors at inception in late 1999 as Chief Executive Officer. In this CDH INVESTMENTS Lessons From 25 Years Of Global Private Equity role, he created the enabling infrastructure for the organization by identifying and Prior to founding CDH, Wu was the Managing Director and head of Investing assembling the core team. In the formative process, Vishal played a seminal role in CICC’s Private Equity Group from its inception in 1995, and a defining an unparalleled investment strategy that has positioned the Fund in a unique member of CICC’s Management Committee from 2000-2002. From Gumersindo Oliveros niche in Indian private equity space. 1991 to 1993, he was a Senior Investment Officer at the International Finance Director, Pension Investments Corporation. THE WORLD BANK PENSION PLAN Gulpreet Kohli, Principal, CHRYSCAPITAL Mr. Kohli joined ChrysCapital in May 2000 and previously worked in the Sindo Oliveros is the Director of the World Bank Pension Plan. He John Ehara manages over 13 billion US dollars for the pension plan as well as remote services group at GE Capital, India and was selected into the two- year global leadership program. Mr. Kohli received an MBA from Clark Partner the external manager program of the World Bank’s 65 billion investment assets. Prior to that, he was Director of the World Bank’s Capital Markets University and a Bachelors degree in accounting from Delhi University. UNISON CAPITAL and Financial Engineering Department, responsible for derivatives operations globally Nobuyoshi Ehara founded Unison Capital in 1998 together with ($170 billion swaps book) and for the Bank’s borrowing strategy and program ($ 20-30 15:00 several other partners. With nearly two decades of investment billion annually). banking experience at and at Morgan Guaranty Trust, Country Clinic: SE Asia he is known to be one of the pioneers of the investment banking industry in Japan. In 11:40 1988, he was selected to be the first Japanese General Partner of Goldman Sachs. Mr. Ehara has spearheaded Unison Capital since its inception. LPs LP OUTLOOK ON ASIA Andrew Liu The Institutional Investor View On Asia- Is It Just Hype Understanding South East Asia: What Are The Current Managing Partner & CEO Or A Market For Sustainable Growth And CCMP CAPITAL ASIA Market Dynamics And Is It Still Considered Too Small A Mr. Liu, holder of a Master of Arts degree from the Oxford University Opportunities? Designing A Robust Strategy For Private Region To Focus On? in England, was a solicitor with Slaughter and May in London before Equity Investment In Asia Nicholas Bloy, Founding Partner & Director joining Morgan Stanley & Co Inc in New York in 1981. Mr. Liu was James Seymour, Senior Advisor NAVIS CAPITAL PARTNERS promoted to Managing Director in 1990 before relocating to Morgan Stanley Asia Mr. Bloy is one of the three founders of Navis Capital Partners. At Navis, Mr. Bloy Limited in Hong Kong, where he assumed the position of President and Managing COMMONFUND CAPITAL leads investment teams in making, monitoring and exiting investments, sits on Navis Director unitl his resignation in September 1997. Mr. Liu remains associated with Mr. Seymour’s primary responsibilities include support in due Investment Committee, sits on the boards and/or executive committees of several Morgan Stanley as an Advisory Director. diligence, manager selection and manager relationships for the firm’s Navis portfolio companies, and is responsible for fundraising. private capital programs. He has 30 years of commercial banking, investment banking, corporate finance, and management experience Don Lam, Managing Partner, VINACAPITAL Yichen Zhang primarily in the international areas. Prior to joining Commonfund Capital and Prior to founding VinaCapital in 2003, Mr. Lam was Partner at CEO Commonfund in 1993, Mr. Seymour was with Bankers Trust Company for 18 years PricewaterhouseCoopers (“PwC”) Vietnam. With over twelve years in Vietnam, Mr. CITIC CAPITAL MARKETS HOLDINGS during which he time worked and lived in Europe, Asia, and the Middle East for 12 Lam has developed a solid track record in investments, M&A, corporate restructuring, Mr. Zhang has gained over 18 years of experience in the investment years. and privatizations. Mr. Lam has been featured as Vietnam’s Mr. Wall Street in Fortune Magazine. banking field with expertise in debt capital markets, securities and Mark Wiseman, VP, Private Investments fund management. Having served at Greenwich Capital Markets, Pote Videt, Managing Director, LOMBARD INVESTMENTS Bank of Tokyo Securities (New York), and Springfield Financial Advisory Limited, he CPP INVESTMENT BOARD Prior to his current role, Mr. Videt was Managing Director of First rose to the position of Managing Director at Merrill Lynch (Asia Pacific Region). In & Chairman, ILPA Boston responsible for Southeast Asia and Managing Director of Goldman Sachs in March 2000, he joined CITIC Pacific Limited, a listed Hong Kong company as the Mark Wiseman directs the team managing the private investment Hong Kong. In its first worldwide survey, Global Finance magazine named Pote Videt Executive Director and was also the President of CITIC Pacific Communications Ltd. activities of the CPP Investment Board. Prior to joining the CPP as one of the best bankers in the emerging markets. In 1997. Mr. Zhang assumed his role as Deputy CEO of CITIC Capital Markets Holdings Investment Board in June 2005, Mr. Wiseman was responsible for Limited in May 2002, and became Chief Executive Officer in August 2003. the private equity fund and co-investment program at the Ontario Teachers’ Pension 15:30 Afternoon Tea & Networking Break Plan. In addition to his activities at the CPP Investment Board, Mr. Wiseman is Frank Tang Chairman of the Institutional Limited Partners Association, a non-profit organization Managing Director, Investments committed to serving limited partner investors in the global private equity industry. 16:00 Wanching Ang, CEO TEMASEK The New Rules On MBOs Involving Country Frank Tang is responsible for Temasek’s China investment effort in ALLIANZ PRIVATE EQUITY PARTNERS State-Owned Assets - How They Impact addition to other responsibilities. Mr. Tang was with Goldman Sachs Wanching joined in 1999 and co-heads APEP. She focuses on Clinic: for nearly 11 years. Between 2000 and 2002, Mr. Tang worked as an European and Asian investments, sits on the APEP internal On Venture Capital And Private Equity China Executive Director in Principal Investment Area, the private equity arm of Goldman investment committee for global investments and has general Investors In China Sachs. He was later appointed as Managing Director and Head of the Telecom, Media management responsibility for the Munich office. Prior to APEP • Background to the rules and why they were passed and Technology investment banking effort in Asia ex-Japan for Goldman Sachs prior to Wanching was with Apax Partners (UK) working on buyout investments and before joining Temasek. that at UBS Warburg (UK) in Corporate Finance on transactions in the Consumer • How do you define an MBO involving State-owned assets in Goods Sector. China? Gordon Hargraves, Partner • What types of transaction are permitted (and what types are not) RHO FUND INVESTORS • How the rules may impact private equity and venture capital “A big "congratulations". Gordon Hargraves is the Partner responsible for managing Rho Fund investors SuperReturn Asia has brought Investors ("RFI"), which commits to venture capital and other Jie Cao, Associate, LOVELLS specialized private equity funds whose strategies afford unique Based in Lovells Beijing Office, Jie has extensive experience in underwritten public together the Who's Who of Asia advantages, such as domain expertise, operational expertise or offerings, private equity placements, and venture capital investments. She has focus on a particularly attractive sector. Since 1981, RFI has committed in excess of worked with underwriters, placement agents, venture capitalists and angel investors private equity” $1.9 billion to over 125 private equity funds. Prior to joining Rho, Gordon was in both the United States and Asia. Jie also worked closely with PRC state-owned Rebecca Xu, Asia Alternatives Management LLC responsible for the developing and managing the private equity program at the companies in their restructurings in preparation of over-seas listings, and many private National Bank of Kuwait. companies in their equity financings.

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16:30 15:00 17:30 Champagne Roundtables – see page 3 for further details One Size Does Not Fit All: Comparing And Contrasting How Will Real Estate Investment Evolve? - Overcoming 18:30 The SuperReturn Asia 2006 Gala Cocktail Party U.S. Versus Asian Private Equity Challenges And Pinpointing Where Future Opportunities • How should western investors evaluate private equity firms and Are To Be Found LP PERSPECTIVE ON ASIA strategies in Asia? Zain Fancy, Head of Asia Pacific Real Estate • Does applying the same paradigms and “checking the box” work MORGAN STANLEY Chair: Edward Sippel in Asia, when the framework for the box has been developed in Managing Director the U.S. economy? 15:30 Afternoon Tea & Networking Break TVG CAPITAL PARTNERS (TVG) • In what areas will U.S experience and framework help and hurt Edward Sippel is a Managing Director with TVG. Mr.Sippel has led deal investment decisions in Asia? teams for several private equity investments across Asia over the last 9 16:00 • How do investment perspectives need to be modified to years and has been involved in the establishment, start-up and expansion of several Asian communications, media and technology ("CMT") succeed in Asia? Investing When Faced With A Wall Of Money: Is Deal companies. Mr.Sippel has served on the Board of Directors of several CMT John-Paul Ho, Partner, CRIMSON INVESTMENTS Flow Sustainable And Which Flavour Of The Month companies in Asia and currently serves on the Board of Directors of Prior to founding Crimson, Mr. Ho was the Head of M&A for Credit Suisse First Investment Strategy Will Prevail For The Longer Term? PowerTel, TransACT Communications, and Neighbourhood Cable. Prior to Boston in Asia ex-Japan, and also worked in the M&A department at Goldman Sachs joining TVG at its inception, Mr.Sippel was with the Asian Infrastructure in New York. Mr. Ho co-authored with John Hagel, a former McKinsey partner, the Patricia Dinneen, Managing Director Fund where he assisted in managing the communications portfolio. working paper “Offshoring Goes on the Offensive”, excerpts of which appeared in the SIGULER GUFF & COMPANY McKinsey Quarterly, as well as the article “Going To China Has Become a Competitive Patricia Dinneen has primary day-to-day responsibility for managing 14:00 Imperative” which appeared in Corporate Board Member, a magazine for senior the BRIC Opportunities Fund, focusing on Brazil, Russia, India, LP officers and directors of Fortune 500 companies. China. Prior to joining Siguler Guff in 2004, she was at Cambridge Dissecting Asia: Which Market(s) To Focus View Associates where she led the emerging markets private equity On? And How To Overcome The Risks And 17:00 advisory business, including asset allocation planning, market research, manager searches and due diligence. In collaboration with the major Generate Successful Returns For The Longer Term Examining The Opportunities Of Cross Border Buyouts International Finance Institutions, she created the first comprehensive emerging Moderator:Varun Bery Between The US And Asia - What Risks And Returns Can markets private equity database to measure performance and to help professionalize the asset class. Managing Director & Co-Founder Be Expected? TVG CAPITAL PARTNERS (TVG) Moderator: John-Paul Ho, Partner Zain Fancy, Head of Asia Pacific Real Estate Mr. Bery is a co-founder and Managing Director of TVG, a private equity firm that MORGAN STANLEY invests in the communications, media and technology (CMT) sectors in the Asia- CRIMSON INVESTMENTS Pacific region. Mr. Bery has been involved with the CMT businesses as both a See above for biographical details Sajan Thomas, President financial/strategic advisor and as an equity investor. Mr. Bery was formerly Director of Telecommunications at the Asian Infrastructure Fund in Hong Kong. Ta-Lin Hsu, Chairman, H&Q ASIA PACIFIC THOMAS CAPITAL GROUP Sajan Thomas founded Thomas Capital Group in 1997 and is Stuart Waugh, Managing Director See page 6 for biographical details responsible for the overall management and strategic direction of TD CAPITAL PRIVATE EQUITY INVESTORS Emmett Thomas, President, Asia Pacific the firm. He is also the primary relationship manager for the firm's Based in Toronto, TD Capital has been investing in private equity funds since 1969 and clients and plays a key role in helping properly structure and position is currently managing approximately $2 billion in private equity commitments through MONITOR GROUP clients' funds in the market place. Before forming Thomas Capital Group, Sajan was a a global fund of funds program and a series of separately managed accounts. Stuart Emmett co-leads Monitor Group’s practice in Asia Pacific. Emmett has eighteen years Managing Director at Frank Russell Capital. has over twelve years’ experience in private equity and asset management. Stuart of experience focusing on financial services, telecommunications, industrial sector joined TD Capital in 2002 from McKinsey & Company where he had specialized in and consumer products. He specializes in corporate strategy, marketing strategy, and 16:30 private equity and alternative asset management, advising both global financial acquisition strategy. He has led projects in over 20 countries thought Asia, North institutions and institutional investors. America and Europe. Corporate Examining The Outlook For Venture In Asia VC David Pierce, Senior Managing Director

17:30 Champagne Roundtables – see page 3 for further details From The Corporate VC Perspective: Is There Extended Session Extended Session Extended Session Extended Session Extended Session SEARCH INVESTMENT GROUP A Preferred Strategy And Model For Investment? David Pierce has worked in East Asian business, investment management and private • Innovation in Asia for tech-based MNCs legal practice for more than 24 years, based at various times in Beijing, Hong Kong, 18:30 The SuperReturn Asia 2006 Gala Cocktail Party Shanghai, , Taipei and Tokyo. Prior to joining the Search Investment Group, • Outsourcing R&D for tech-based MNCs Mr. Pierce was a partner in the international law firm O'Melveny & Myers. • Working with VCs and startups in Asia SUCCESSFUL INVESTMENT STRATEGIES • What is emerging in Asia in the next 2-3 years that may impact Andrew Hoffmann, Principal Investments your firm? CAPRICORN MANAGEMENT • What advice would you give any larger technology-based Asian Andy Hoffmann is a Principal of Investments and member of the investment 14:00 committee for Capricorn Management, a large single based in Palo Alto, company if they consider setting a corporate VC unit, to leverage CA. Andy is responsible for investments with third party managers across all asset Which Strategy For Which Market? - How Will Each innovation from startup companies? classes and has lead Capricorn's investment inititatives in China. Capricorn has Market Evolve In Buyouts, Venture And Growth? Where Moderator: Martin Haemmig invested directly in Chinese venture and private equity funds and continues to explore Will The Biggest Success Lie? Adj. Professor, Globalisation of Venture Capital pan-Asian investment opportunities across all asset classes. Andrew Yan, Managing Partner & Entrepreneurship, CeTIM 15:00 SAIF PARTNERS Martin’s venture capital research covers 13 countries in Asia, Europe, Israel, and USA. He lectures at UC Berkeley, Stanford, Prior to SAIF Partners, Andrew Yan was a Managing Director and the What's In A Name? - Manager Selection By Brand? By UniBW Munich, ETH Zurich, Peking, Tsinghua and Renmin Head of the Hong Kong Office for Emerging Markets Partnership, University. He is an advisor to the World Economic Forum working Longevity? By Country Of Origin? the Principle Advisor to the $2.7 billion (US) of AIG Asian group on “Nurturing China’s early-stage Venture Capital” and is Infrastructure Funds during Jan. 1995 - Oct. 2001. He has been in his Piau Voon Wang, Partner author for books on the Globalization of Venture Capital (English & Chinese). He was current position since Oct. 2001. Under Mr. Yan’s leadership, SAIF’s appointed as expert and faculty to the China Research Center at UC Berkeley for ADAMS STREET PARTNERS investment in Shanda Interactive Entertainment (SNDA) has been named “the China. Mr. Wang is responsible for sourcing, analyzing and monitoring investments in private Investment of the Year” by China venture capital industry in 2003. SAIF was voted as equity partnerships. Mr. Wang is focused primarily on Asian funds and European “VC Firm of the Year” and Mr. Yan was elected as “Venture Capitalist of the Year” in Olivier Glauser buyout funds. Prior to joining the Firm in 1999, Mr. Wang was a Manager in the 2004 and “Top Ten Venture Investors in 2005” by China venture capital association. Corporate Finance Division of Arthur Andersen LLP, where he provided advisory Senior Director services to the South East Asia mergers and acquisitions and venture capital Nicholas Bloy, Founding Partner & Director QUALCOMM VENTURES investment areas. NAVIS CAPITAL PARTNERS Qualcomm Ventures is the venture capital division of Qualcomm See page 4 for biographical details Incorporated. Currently based in Beijing, Olivier is responsible for Brian Lim, Investment Manager Qualcomm’s $100M allocation for venture investments in China. He CDC GROUP Jayanta Banerjee, Director Investments joined the founding team of Qualcomm Ventures ($500M corporate Brian Lim is an Investment Manager at CDC Group in London where he is ICICI VENTURE FUNDS MANAGEMENT commitment) in 2000, where he led and managed many of Qualcomm’s successful responsible for the selection of private equity funds in the emerging markets of Asia. Jayanta has been with ICICI Venture since 2002 and has over 13 venture investments in Silicon Valley and throughout the US. Prior to CDC, Brian spent more than six years at Watson Wyatt where he was years of industry experience including in the area of Investment responsible for advising pension funds and other institutional investors on private Banking and entrepreneurship. He brings a blend of experience of Andrew Clark equity allocations and fund selection. the Indian capital markets, skills of financial structuring and Director Corporate Strategy Vincent Fan, Partner negotiations as well as the perspective of an entrepreneur in IBM CORPORATION,VENTURE CAPITAL understanding of businesses. CZR CAPITAL LLC GROUP Vincent Fan is responsible for sourcing, evaluating and structuring Capital Z Kishan Pandey A 20-year IBM veteran, Mr. Clark has held a variety of key positions investment opportunities in Asia and monitoring sponsored funds. Before joining in software development, product marketing, corporate staff and Capital Z in 2002, Mr. Fan was the Chairman of the Advisory Board of CVC Capital VP, International Private Equity Group emerging-business development and strategy. GE ASSET MANAGEMENT Partners Asia Pacific LP. Kishan Pandey is a Vice President at GE Asset Management (GEAM) Hesong Tang Jay Jegannathan, General Partner Fund of Funds responsible for managing GEAM’s private equity portfolio in Asia, Russia and Canada. Kishan is a senior member of the team Director of Strategic Investment, Greater China EVOLVENCE CAPITAL managing $436MM GEAM International Private Equity Fund, LP. focused primarily on MICROSOFT Jay is a founder and General Partner in Evolvence India Fund and manages the day to day operations of the fund. He has over 18 years of experience on the field of buyouts outside USA. Kishan joined GE in 1994 as part of GE’s Financial Management Hesong is currently Director of Strategic investment in the Greater corporate finance, structuring and due diligence, portfolio management and analysis Program. Kishan has over 15 years of financial services and investing experience in China Region and in charge of Microsoft’s strategic equity of corporate transactions and funds. Prior to joining the fund, Jay was a consultant India, Europe and the U.S. investments in China. He had his own startup after working at Cisco with Evolvence Capital where his primary responsibility was to develop and structure and Applied Materials in Silicon Valley. internationally focused fund of fund products in addition to monitoring global hedge 14:30 Cadol Cheung fund offerings. Examining The Opportunities In The Life Science Space Managing Director, Asia Pacific 15:30 Afternoon Tea & Networking Break In Asia With A Focus On India INTEL CAPITAL • Life Sciences & an overview of the sector dynamics With 23 years at Intel, of which 6 years at Intel Capital, Cadol is responsible for the management of Intel’s equity investment activities 16:00 • Value creation, models and challenges in the region and acquisitions in companies that help grow the • Looking beyond & emerging opportunities Internet Economy worldwide. Strengthening The Domestic Institutional Investor Hari Buggana, Managing Director, EVOLVENCE INDIA Claude Leglise Market: Experiences From Seasoned Investors And How Prior to his current role, Mr Buggana was a consultant with McKinsey & Company. They Are Evaluating Their Portfolios And Picking New He has primarily worked with life sciences businesses in the US, Europe and India on Managing Director a variety of issues ranging from corporate strategy, M&A, product-market strategy, Funds WI HARPER • Investment allocation trends to private equity in Asia Pacific and R&D productivity, organizational effectiveness and operations improvement. Claude combines extensive global venture investing experience with globally Anula Jayasuriya, Managing Director, EVOLVENCE INDIA a long track record in technology marketing and operations, gained during his 23 year career at Intel. As VP at Intel Capital, he was Ms Jayasuriya previous experience was with DFJ Lifescience India, Skyline Ventures • Deployment strategies: use of fund-of-funds, advisors, or going responsible for over 150 equity investments in 25 countries. and TVM. She was previously Vice President of corporate development and strategy direct at Genomics Collaborative and VP at Roche. • Expectations for returns and relationships • LP's perceived risks and opportunities

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DAY Main Conference Day 1 & 2 1& 2 Tuesday 12 & Wednesday 13 September 2006

Moderator: private equity funds to date with total commitments of over $900Mil. He is currently Kazuo Seki, President & CEO Senior Vice President for NLI International Inc. in New York, where he continues to Philip Bilden manage for Nippon Life a global private equity fund of funds program with assets ALTERNATIVE INVESTMENT CAPITAL Managing Director under direct management of approximately $700M. & General Manager, Merchant Banking & Investment HARBOURVEST PARTNERS (ASIA) Briar Dowsett, Portfolio Manager Philip Bilden is Managing Director of HarbourVest Partners (Asia) Limited. MITSUBISHI CORPORATION Mr Bilden joined the firm in Boston in 1991 and relocated to Hong Kong in 1996 to PUBLIC SECTOR AND COMMONWEALTH In his current role, Kazuo Seki is responsible for Mitsubishi’s proprietary capital establish HarbourVest’s Asian operation. Mr Bilden is based in Hong Konh where he SUPERANNUATION SCHEMES (PSS/CSS) markets investments, mainly focusing on alternative products. Mr Seki has been oversees the firm’s Asian portfolio. Briar is responsible for overseeing the property and alternative asset engaged in carious capital markets acitvities, inclusing private equity investments, for sectors within the Funds. Prior to that Briar has had 10 years of almpst 25 years. Before taking his current position, Mr Seki was Director and Lay Hong Lee, Senior VP experience in the finance sector working for Bankers Trust both in Executive Vice President of Mitsubishi Corporation Capital in Tokyo. TIF VENTURES New York and London and working for KPMG. Lay Hong heads up two groups within TIF Ventures: the 17:00 North America (East Coast) and Healthcare Investments Judith Smith, Senior Investment Manager, Group as well as the Portfolio Monitoring and Venture Private Equity Is Asia Ready Now? Overcoming Risk And Performance Services Group. Lay Hong manages the investments into INDUSTRY FUNDS MANAGEMENT (IFM) Concerns For A Successful Private Equity Investment North America (East Coast) and Healthcare funds. Judith joined Industry Fund Services (IFS) in October 1998 as Programme In Asia Hideya Sadanaga, Senior VP, Investment Manager and became Senior Investment Manager in July 2003. She was appointed Senior Investment Manager – Private Speaker tbc NIPPON LIFE INSURANCE Equity with Industry Funds Management (IFM) following the merger of IFS’ Private Mr. Sadanaga has been with Nippon Life Insurance Company since Capital Group with Industry Funds Management (Nominees), formerly Development 17:30 Champagne Roundtables – see page 3 for further details 1990 and has been responsible for building up the international Australia Fund Management, in March 2004. private equity fund investment program of Nippon Life Insurance Company since 1999. He has led investments in approximately 55 18;30 The SuperReturn Asia 2006 Gala Cocktail Party

MAIN CONFERENCE DAY 2 10:30 14:00 MAIN CONFERENCE DAY 2 Wednesday 13 September 2006 360 DEGREE INDUSTRY OVERVIEW PANEL Off The Record Designing The Most Successful Model For Private with 08:15 Registration & Coffee Private Equity In Asia:To What Extent Can Equity Jonathan Anderson The Western Model Be Applied? Model 08:50 Chairman's Welcome Address: Moderator: Max Burger-Calderon Jonathan Anderson, Head of Asia Pacific Economics, UBS Senior Partner & Chairman Asia In this informal session, you will have the chance to get the Lawrence Chia, Asia Pacific Managing Partner, APAX PARTNERS WORLDWIDE answers to your burning question from a top ranked economist. M&A Transaction Services Max began his career at Dresdner Bank in Singapore and DELOITTE later joined The Boston Consulting Group (BCG) in Munich. 14:30 Lawrence Chia has over 20 years’ experience with Deloitte Touche Tohmatsu. He In 1986, he co-founded CFP - Corporate Finance Partners began his career with Deloitte UK working within audit in the financial services AG with Michael Hinderer in Zurich. CFP became a member of the Apax Country Clinic: China industry. In 1998, Lawrence assumed responsibility for the national firm’s Mergers & Partners Group in 1989. In 2005 he launched the Apax office in Hong Kong Acquisitions’ activities and is now the Managing Director of Deloitte & Touche as a first step in building Apax´ presence in Asia. From July 2002 to June How To Successfully Enter China: Overcoming Corporate Finance for the Greater China region. He is also Deloitte Touche Tohmatsu’s 2003, Max Burger-Calderon was Chairman of the EVCA (European Venture The Hurdles And Understanding The Realities Asia Pacific Leader for Financial Advisory Services. Capital Association). Of Private Equity & Venture Capital In China Chris Meads, Partner 09:00 PANTHEON CAPITAL (ASIA) Moderator: Hanson Cheah, MD, ASIATECH VENTURES Hanson Cheah is co-founder and Managing Partner of AsiaTech Ventures in Hong Kong, Chris Meads heads the Hong Kong Office and is responsible for one of the oldest Venture Capital firms in Asia to focus exclusively on the Information overall Asian investment activity. Chris joined Pantheon from HSBC Technology and Communications Industries. On the public side, Mr. Cheah served as PRIVATE EQUITY STRATEGY PANEL in Hong Kong, where he was involved both in strategic acquisitions Chairman for the Hong Kong Venture Capital Association in 2004-2005. In 2001 Mr. and the design and implementation of internal operating procedures. A Question Of How Not Why For Asian Private Equity: Cheah was the only person from Hong Kong to be elected by Fortune Magazine as one He was previously a senior investment analyst for Brierley Investments Ltd in both of the 25 “Global Leaders for Tomorrow”. In 2004 Mr. Cheah was named one of the 40 Determining The Optimum Strategy - Regional or Hong Kong and New Zealand. founding “New Asian Leaders” by the World Economic Forum in Geneva, Switzerland. Country Funds? Global Or Local Player? Daniel Carroll, Managing Partner • Regional vs. Country funds: how important is geographic NEWBRIDGE CAPITAL York Chen, President & Managing Partner diversification, and is it best done at the Fund level or LP level? Mr. Carroll is based in Hong Kong and directs Newbridge’s investment ID TECHVENTURES • Global funds access to global industry expertise, Myth or Reality activities in Asia together with six partners based in Hong Kong, York, based in Shanghai since early 2000, is a General Partner of iD TechVentures Ltd. in practice? Seoul, Tokyo and Mumbai. He joined Newbridge shortly after the firm (iDT, previously known as Acer Technology Ventures). York, as one of the most active was established and has for the past ten years been responsible for venture capitalists in China, was termed by media as a “VC Evangelist” unselfishly • Dealflow: How does it differ between Country, Regional and raising and investing the firm’s four investment funds, which comprise roughly $3 billion sharing his deep observation and advice to the peer groups. Global Funds in committed capital, and building the firm’s Asia-based investment teams. Roman Shaw, Managing Partner Moderator: Jean Eric Salata, Chairman & CEO Gabriel Li, Managing Director DT CAPITAL MANAGEMENT BARING PRIVATE EQUITY ASIA ORCHID ASIA GROUP MANAGEMENT Mr. Roman Shaw is the Managing Partner of DT Capital Management Company Mr. Salata oversees all investment and divestment decisions made at Mr. Gabriel Li led the first round investment in Ctrip International and Limited. He was the founder of DragonTech Ventures group. Before setting up the Firm, as well as its strategic direction. Mr. Salata joined in 1997 Eachnet (sold to EBAY) for Orchid Asia and is also currently the Vice DragonTech in 2000, Mr Shaw served various positions and directorship within to create a regional Asian private equity program for UK based Baring Chairman of the Board and Director of Ctrip International. Prior to Shanghai Industrial Group. He also co-founded a joint venture asset management Private Equity Partners Ltd, a subsidiary of the ING Group. In 2004, Orchid Asia, Mr. Li was a Managing Director at the Carlyle Group in company between Salomon Brothers and Shanghai Industrial in 1998 under which Baring Private Equity Asia became independent through a management buyout. Hong Kong, overseeing Asian technology investments. managed an award winning Greater China Fund. Previously, Mr. Salata was a Director of Hong Kong based AIG Global Investment Corporation (Asia) Ltd., the Asian private equity investment arm of AIG. Hugo Shong, General Partner 15:00 IDGVC PARTNERS K Y Tang, Chairman & Managing Partner Hugo Shong, Executive Vice President of International Data Group The Impact Of Recent Key Legal Developments (IDG), President of IDG-Asia, and General Partner of IDGVC Partners, Legal AFFINITY EQUITY PARTNERS has headed IDG's operations in information technology (IT) publishing, In China On Venture Capital And Private Mr Tang joined UBS Capital as Chairman, Asia Pacific in 1999 before Developments market research and tradeshows in the Asia Pacific region. In 1993, Equity Investors In China - Focusing On The co-founding Affinity Equity Partners in 2002. Mr Tang has been Mr. Shong assisted Mr. Patrick J. McGovern, founder and chairman of IDG to launch involved in private equity since 1989. Prior to UBS Capital, he PRC Company Law And The Venture Investment Pacific Technology Venture Fund in China (now re-named IDGVC), the country’s first U.S. became the Chief Executive for Investment Banking, East Asia at VC fund, which now has about $800 million under management in China. Enterprise Administrative Procedures Union Bank of Switzerland in 1995. In that role, he also had oversight responsibility • Main changes brought about by the revisions to the PRC for the bank’s private equity activities. Andrew M. Ostrognai, Partner Company Law and interface with foreign invested enterprise DEBEVOISE & PLIMPTON LLP Volkert Doeksen, Managing Partner & CEO Andrew Ostrognai, resident in Debevoise & Plimpton’s Hong Kong regime ALPINVEST PARTNERS office, is a corporate partner and Chair of the firm’s private equity • Extent to which the changes impact on venture capital and AlpInvest Partners is the largest institutional private equity investor in practice in Asia. He is also a member of the firm’s Private Equity and private equity investors Europe and belongs to the top 3 worldwide with over EUR 20 billion Mergers & Acquisitions practice focusing on private equity fund under management. AlpInvest is 50/50 owned by pension funds ABP formation and downstream investment in the Asia-Pacific region. Mr. Ostrognai has • Key differences between domestic capital and foreign invested and PGGM of The Netherlands. Mr. Doeksen joined AlpInvest from broad experience in both fund formation and investment. He has one of the leading venture investment vehicles in China Dresdner Kleinwort Benson (DKB, New York) in 2000. fund formation practices in Asia, representing a wide range of sponsors in their fund formation activities. • Key features of and impact of the new Venture Investment Ivan Vercoutere, Partner Enterprise Administrative Procedures LGT CAPITAL PARTNERS 11:30 Andrew McGinty, Partner, LOVELLS Mr. Vercoutere joined LGT Group in 1998 to lead its private equity Andrew has lived and worked in China for the better part of 20 years and activities. Prior to joining LGT Group, he was Vice President and ECONOMIC OUTLOOK ON ASIA practiced law in Hong Kong and China for the last 9 years, joining Lovells in investment committee member of Pacific Corporate Group (PCG), a early 2004 from the Shanghai office of Linklaters. His practice area is California-based private equity advisor and manager. Eight Big Questions About Asia Economic corporate and commercial matters in the PRC, focusing on venture capital Jonathan Anderson transactions with a TMT element. Andrew was recommended for his work Michael B. Kim, Partner Outlook Head of Asia Pacific Economics in the TMT sector in the Asia Pacific Legal 500 2005/2006. MBK PARTNERS Prior to MBK Partners, Mr. Kim was President of Carlyle Asia UBS 15:30 Afternoon Tea & Networking Break Partners, responsible for overseeing Carlyle’s buyout activities in the Jonathan is Head of Asia-Pacific Economics. Before joining UBS in Asia-Pacific region (outside of Japan). Mr. Kim was also a member of 2003, he worked at Goldman Sachs. Since joining UBS, Jonathan and his Asian team The Carlyle Group’s Management Committee. Mr. Kim joined Carlyle have been top-ranked in a wide range of broker polls, including Asiamoney, 16:00 as a Management Director in 1999, and he became President of Asia in 2000. Institutional Investor, The Asset and FinanceAsia. He is the author of “The Five Great Myths About China and the World". Country Clinic: Australia Ta-Lin Hsu, Chairman, H&Q ASIA PACIFIC Are There Enough Deals To Go Round Given Prior to founding H&Q Asia Pacific in 1986, Dr. Hsu worked at IBM 12:30 Lunch for 12 years, before joining Hambrecht & Quist as a general partner The Mammoth Fundraising Experienced In in 1985. Dr. Hsu was a founding member of the prestigious Technology Review Board of Taiwan, which was instrumental in the Australia? - Where Are The Future Opportunities? establishment of the country’s technology industry. COUNTRY CLINICS & SUCCESSFUL ENTRY Peter Dowding, Managing Director & Head DB CAPITAL PARTNERS 10:00 Morning Coffee & Networking Break STRATEGIES After eight years in oil industry, including BP Petroleum Development, Peter joined AIDC, where he spent six years managing private equity investments. Peter joined

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DB Capital Partners in 1994 and has completed and managed several private equity 14:30 Jason Zhang, Director Asian Investments investments and exits, and manages DPEFI and DPEFII. Peter recently took up the position as Head of DB Capital Partners. STANFORD MANAGEMENT COMPANY Buy-Outs In India: Examining The State Of Play Today Jason is the Director of Asian Investments, with responsibility John Brakey, Division Director And What The Future Will Bring across all asset classes covering China, India, Japan and other Asian countries. esides working closely with other asset class managers MACQUARIE FUNDS MANAGEMENT Moderator: Thomas M. Britt III, Partner on Asian related nvestments, Jason directly manages a portion of John is responsible for Macquarie Funds Management’s private equity fund-of-funds DEBEVOISE & PLIMPTON LLP the Endowment for investments in China both in funds and directs. and advisory operations. These include both domestic and international funds, as well as Macquarie’s balanced fund investments in alternative investments. Before joining See page 4 for biographical details Harold Weiss Macquarie in November 2000, John was an Asset Consultant with Towers Perrin. Panellists tbc Head Private Equity Fund of Funds David Jones, Executive Director SWISS RE 15:00 Mr. Weiss is the head of the private equity fund of funds activities CHAMP PRIVATE EQUITY within Swiss Re. Prior to that, he was a co-founder of Reutlinger, Weiss Mr Jones joined CHAMP in November 2002. He has fifteen years professional Examining The Numbers: Overcoming Performance + Partner Ltd., a small asset management and advisory firm for private experience, the last eleven years in the private equity industry, and previously in clients in Zurich. management consulting, investment banking and general management. Mr Jones The Lack Of Data To Successfully Evaluate & Data began his career as a consultant with McKinsey & Company in Australia and New Returns Stephen Vicinelli, Co-Head Private Equity Zealand. • Comparisons with the US and Europe THE INVESTMENT FUND FOR • Fund level versus portfolio company level information 16:30 FOUNDATIONS (TIFF) • The pitfalls of using historical performance as your only guide In his current role, Stephen Vicinelli selects and monitors external Country Clinic: Japan • Marrying quantitative and qualitative analysis investment advisors for the cooperative, focusing primarily on Steven Nelson, MD,CAMBRIDGE ASSOCIATES private equity. Prior to joining TIFF, Mr. Vicinelli spent 10 years at Japan, Land Of The Rising Buyout Fund: Morgan Stanley, holding a series of increasingly senior positions in the firm’s merger Mr. Nelson is a Managing Director at Cambridge Associates and the founding and acquisitions, corporate finance, and realty divisions. Evaluating The Current Japanese Buyout employee of the firm's Singapore office. Mr. Nelson is responsible for augmenting Cambridge Associates' research program and consulting practice in the region, and Market - What Is The Status Of Deal Sourcing And Exits? acts as an Asia Private Equity Specialist for the firm. He has authored several 15:00 • The current buyout opportunity: Large multinationals or the Cambridge Associates' research reports on the Asian private markets, including middle market? Japanese Distressed Investing and Chinese Venture Capital. Showcasing The Breadth Of Entrepreneurs • What is the proper role for Gaijin to play? Active In Asia: Assessing The Different Talking • Is there a Japanese way of doing buyouts separate from the 15:30 Afternoon Tea & Networking Break Strengths & Weaknesses For Better Entrepreneurs Anglo Saxon market? 16:00 Alignment Of Interests • What is the current deal sourcing dynamic like? And the exit Moderator: Vincent Chan, Head of North Asia, JAFCO ASIA market? Successfully Executing Deals In China - Understanding & Chairman, HKVCA Moderator: The Realities & Challenges Of Deal Execution And Exits See above for biographical details Kelly DePonte, Partner • Why are M&A deals longer to complete? Is it more complex? Cadol Cheung, Managing Director, Asia Pacific PROBITAS PARTNERS • What are the "do's & don'ts" in executing M&A deals in China? INTEL CAPITAL Kelly has twenty-five years of industry experience and is responsible for See page 5 for biographical details sourcing and due diligence for Probitas Partners' alternative fund • How have the recent SAFE (State Administration of Foreign placement activities. Prior to joining Probitas Partners, Kelly was Chief Exchange) regulations affected the M&A activities in China? Hugo Shong, General Partner, IDGVC PARTNERS Operating Officer and Managing Director at Pacific Corporate Group (PCG). • What are the major issues & challenges in a due diligence See page 6 for biographical details Mark Chiba, Group Chairman & Partner process? Kathy Xu, Managing Partner, CAPITAL TODAY GROUP With over 10 years experience in venture capital and private equity investment in THE LONGREACH GROUP Lawrence Chia, Partner, M&A Transaction Services Together with his Partners Yasuyuki Miyoshi and Masamichi Yoshizawa, Mark Chiba China, Kathy Xu is one of the most experienced practitioners in the market. She established Longreach after serving as Chief Executive Officer and President of UBS DELOITTE serves on the Board of the China Venture Capital Association ("CVCA") and recently Securities Japan, Co-Head of Investment Banking Japan, and as a member of the See page 6 for biographical details led the successful negotiations with SAFE. Kathy founded Capital Today in 2005 to global UBS Investment Bank Board. focus on growth capital opportunities in China. She was previously Managing Director 16:30 & China Country Head of Baring Private Equity Asia Limited . She was recently Kazuo Seki, President & CEO nominated as "One of the 25 Most Influential People in Asia" - "2004 STARS OF ASIA" ALTERNATIVE INVESTMENT CAPITAL The Fundamentals Of Doing Profitable by Business Week, as well as one of the ten "Most Influential Venture Capitalists In Case Study China" by Capital Magazine (March 2005). & General Manager, Merchant Banking & Investment Deals In China: Case Study MITSUBISHI CORPORATION 15:30 Afternoon Tea & Networking Break See page 6 for biographical details Daniel Carroll, Managing Partner, NEWBRIDGE CAPITAL See page 6 for biographical details John Ehara, Partner, UNISON CAPITAL 16:00 See page 4 for biographical detail 17:00 A Dynamic Model For Managing NEW Taisuke Sasanuma, Partner, ADVANTAGE GROUP Academic

An Appraisal Of Asian Investment Opportunities: VC-Entrepreneur Relationship Dynamics: Research Extended Session 17:00 Which Market Will Provide The Best Returns For Each Managing Control & Co-operation Issues To Country Clinic: Korea Strategy Of Growth, Buyout And Venture Optimizing The Relationship Value • Where are the most attractive investment opportunities in Asia • Shifting from “control” to “gaining cooperation” ? Examining The Buyout Market In Korea: now? In the medium term? • Cooperative advantage and managing the variables effectively for To What Extent Are The Tax And Regulatory • What returns can reasonably be expected? cooperative advantage and greater relationship value Hurdles Surmountable For Foreign Investors In Korea? • What are the key risks and issues associated with each type of • A general model representing insights from entrepreneurs and VCs Mark J. Lee, International Counsel Asian investments? Steven White, Professor of Asian Business and DEBEVOISE & PLIMPTON LLP • Which markets are overheated now or have the potential to be Comparative Management, INSEAD Mark Lee is International Counsel and a member of Debevoise & overheated soon? Steven’s work has appeared in articles in the Academy of Management Journal, Plimpton’s Mergers & Acquisitions and Securities Groups. His practice Strategic Management Journal, Organization Studies, Research Policy, Journal of Melissa Ma, MD, ASIA ALTERNATIVES MANAGEMENT LLC Management Studies, Asia Pacific Journal of Management, R&D Management, focuses on corporate finance, mergers & acquisitions and securities Melissa Ma is a Co-Founder and Managing Director of Asia Alternatives Management offerings, with an emphasis on Asia-based assignments. International Journal of Technology Management, and Technovation, and he has co- LLC. Founded in 2006, Asia Alternatives is a fund-of-funds platform dedicated to helping authored Biotechnology Japan and Handbook of Asian Management. Peter Ko, Managing Director, H&Q AP KOREA institutional investors make fund investments in private equity and other alternative asset classes across Asia. Prior to starting Asia Alternatives, Melissa was a Director at Hellman 17:00 Michael B. Kim, Partner, MBK PARTNERS & Friedman LLC. See page 6 for biographical details Rebecca Xu, MD, ASIA ALTERNATIVES MANAGEMENT LLC Comparing GP Best Practices Around The World: How Rebecca Xu is a Founder and Managing Director of Asia Alternatives Management Does Asia Really Stack Up? And What Does This Mean Jae Woo Lee, Managing Partner, VOGO INVESTMENT LLC. Prior to Asia Alternatives, Rebecca was a Senior Investment Officer at the For The Future Of Private Equity & VC In Asia? Jae Woo Lee is a Founding Partner of Vogo Investment, which is the International Finance Corporation (IFC). largest Korea based PEF management company to date. Before co- Pavan Gupte, Investment Director founding Vogo Investment, Mr. Lee served as the Country Head of Lehman 17:30 End of Main Conference GARTMORE PRIVATE EQUITY Brothers Korea for 5 years. Mr. Lee also spearheaded numerous principal See page 4 for biographical details investments during his experience with H&Q Asia Pacific and , including the groundbreaking buyout and turnaround of Markus Ableitinger, Director, Head of Asia Pacific, SsangYong Securities by H&Q and Lehman Brothers’ exclusive $8 billion SUCCESSFUL MANAGER SELECTION CAPITAL DYNAMICS NPL JV with Woori Financial Group. 14:00 Markus has over 8 years private equity direct and fund of funds investment 17:30 End of Main Conference experience and is responsible for the Asian investment content. Prior to The Fund Of Funds Perspective: Designing & joining Capital Dynamics he was a senior investment manager at RMF’s private equity division. DEALS & RETURNS Implementing A Robust Asset Allocation Strategy For Successful Risk Adjusted Returns Helmut Schühsler, Managing Partner, TVM CAPITAL Chair: Lawrence Chia • Where to find alpha in private equity? Dr. Helmut M. Schühsler has been responsible for more than 20 TVM • How to construct a global private equity portfolio using an Capital investments in life science companies, and has served on various Partner, M&A Transaction Services integrated private equity investment management approach committees since 1990, among others as a member of the senate of the DELOITTE See page 6 for biographical details Hermann von Helmholtz-Gemeinschaft Deutscher Forschungszentren • Enhancing returns using the relative value approach. (HGF). He currently serves on the Executive Committee of the European 14:00 Christoph Rubeli, Partner, PARTNERS GROUP Private Equity and Venture Capital Association (EVCA). In June 2005, he Christoph Rubeli leads deal origination, business development, and institutional was appointed Chairman of the EVCA’s Professional Standards Committee. What Does The Future Face Of Chinese Venture Look Like? clients & key accounts relationship management activities in the Asia-Pacific region. A Pure- Domestic Player Or A US Venture Affiliated Firm? Prior to his current role, he served as head of Private Equity Investment 17:30 End of Main Conference • Are there any collaborative opportunities for US$ and RMB VCs Management. in the PRC investments? 14:30 • Does the sponsorship model work for a US VC to mentor a PRC VC? Do you want to promote your Vincent Chan, Head of North Asia, JAFCO ASIA The Role Of Asian Private Equity In A Global Portfolio: company at this prestigious & Chairman, HKVCA How Do You Apply The Western Manager Selection event? Mr. Chan has served as the Head of North Asia (China, Hong Kong, Taiwan and Korea) Process To Asia? How To Distinguish Between Teams of JAFCO Asia and one of the three members of its Investment Committee since And Managers To Find Consistent Performance 2000. Prior to joining JAFCO Asia, he worked 9 years in private equity in HK including Contact: Brenda Cunningham Suez Asia and HSBC Private Equity (Asia). He is the current Chairman of the HK Moderator: Christoph Rubeli, Partner Venture Capital and Private Equity Association. PARTNERS GROUP +44 (0) 20 7017 7219 See above for biographical details email: [email protected]

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Name Name KY Tang Daniel Carroll Jonathan Anderson Andrew Liu James McGregor Wu Shang Zhi Job title Department Chairman & Managing Partner Managing Partner Head of Asia Pacific CEO Author, Chairman & Managing Partner Job title Department Direct Tel Mobile Tel AFFINITY EQUITY NEWBRIDGE CAPITAL Economics CCMP CAPITAL ASIA One Billion Customers: CDH INVESTMENTS Direct Tel Mobile Tel PARTNERS UBS Lessons From The Front Lines Email Address Direct Fax Of Doing Business In China Email Address Direct Fax I would like to receive information on future events & services via email. By giving you my email address I am giving ONLY IIR companies permission to contact me by email. I would like to receive information on future events & services via email. By giving you my email address I am giving ONLY IIR companies permission to contact me by email. Don’t Miss Unparalleled LP Perspectives  Yes! I would like to receive info on future events & services via fax LP  Yes! I would like to receive info on future events & services via fax Signature

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Principal Sponsor Sole Legal Sponsor Company Name: Nature of Company’s business: Deloitte refers to one or more of Deloitte Address: Touche Tohmatsu, a Swiss Verein, its member firms, and their respective Debevoise & Plimpton LLP has been a pioneer in private equity for over 25 years, Postcode: subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of crafting innovative solutions for some of the largest and most complex transactions in the industry. As the only firm to couple fund formation capacity in member firms around the world devoted to excellence in providing BOOKING FEE BEFORE BOOKING FEE BEFORE BOOKING FEE AFTER professional services and advice, focused on client service through a Asia, Europe and the US with an internationally acclaimed private equity PLEASE SELECT YOUR PACKAGE DATES 21 July 2006 SAVE 11 August 2006 SAVE 11 August 2006 SAVE global strategy executed locally in nearly 150 countries. With access to thetransaction practice, we are uniquely qualified to assist our clients in navigating deep intellectual capital of 120,000 people worldwide, Deloitte delivers the complex issues surrounding fund formations, downstream investments and exits. We have guided clients through many sophisticated private equity fund Main Conference & 12 - 14 services in four professional areas — audit, tax, consulting, and financial Tax, Regulation & Exits SummitSept 2006 US$ 3,648 US$550 US$ 3,848 US$350 US$ 4,048 US$150 advisory services — and serves more than one-half of the world’s largestformations and investments throughout the Asia-Pacific region, representing companies, as well as large national enterprises, public institutions, locallysponsors, investors and target companies. important clients, and successful, fast-growing global growth companies. 12 - 13 Main Conference Only Sept 2006 US$ 2,399 US$300 US$ 2,499 US$200 US$ 2,699

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FREE for Pension Funds, Endowments & Foundations (SubjectTo to apply, verification) please contact: [email protected]. Evolvence India Life Sciences Founded in 1998, TVG Capital Warburg Pincus has been a Fund is a US$150 Million fund Partners Limited (TVG) is the leading private equity investor Savings include Multiple Booking & Early Booking Discounts. All discounts can only be applied at the time of registration and discounts cannot be combined. All discounts are subject to approval. Please note the conference fee does not include travel sponsored by the Dubai based largest private equity investor since 1971. The firm currently has approximately $13 or hotel accommodation costs. Evolvence Capital. The fund is focused on the Communications, Media and Technology billion under management and invests in a range of focused on providing growth sectors in Asia, originating, structuring and acting as a industries including information and communication PAYMENT DETAILS capital to mid-market pharma companies, contract principal in such investments. With a portfolio of 22 technology, financial services, healthcare, consumer, investments, TVG manages over US$700 million in industrial, media and business services, energy and real Please use this form as our request for payment. Fax and phone bookings should be made with a credit research & manufacturing companies and late stage bio card number, or followed up by a posted registration form. Places are only guaranteed by full payment, tech companies. committed capital from investors worldwide and is the estate. Warburg Pincus has raised 11 private equity largest firm with its particular sector focus in the Asia investment funds which have invested more than $22 which must be received before the conference. Please debit my Mastercard Visa Eurocard American Express Pacific region. TVG professionals have over 60 years of billion in approximately 525 companies in 30 countries. Card Number experience in the broader Communications, Media and Currently the firm is investing from an $8 billion fund I will pay by: Technology businesses as operators, consultants, bankerswhich closed in August 2005. The firm has 58 partners  Cheque/bankers draft made payable to IIR Ltd for US$...... Expiry Date / with the sum of US$ and investors. TVG leverages this significant base of coreand more than 140 professionals in offices in New York,  Invoice to be sent to my company expertise to select the companies and markets with the Menlo Park, London, Frankfurt, Hong Kong, Beijing,  Europe: Bank transfer, to: Bank plc, 54 Lombard St, London UK. Account Name: IIR Ltd (ICBI), International Division. greatest potential. TVG invests in businesses at varying Shanghai, Seoul, Tokyo and Mumbai. Warburg Pincus has Account no: 90631663 Sort Code: 20-65-82. Swift: BARCGB22 IBAN GB13 BARC 2065 8290 6316 63 levels of development with a focus on later stage an active portfolio of more than 100 companies. Please insert delegate name and Conference Code KN2126 in the transmission details. Signature transactions including expansion funding, turnaround situ-www.warburgpincus.com. ations, recapitalizations and buyouts. TVG was voted “Firm of the Year” for 2001 in an annual poll conducted by CANCELLATION POLICY CD ROM the Asian Venture Capital Journal. PERSONAL DATA CANCELLATION POLICY: Should you be unable to attend, Personala substitute data is gathered in accordance with the Data Protection Act 1998. Your details may be passed delegate is always welcome at no extra charge. Alternatively, we will maketo other a prompt companies (in countries within or outside the EEA) who wish to communicate withI amyou offersunable to attend, but please refundrefund lessless aa serviceservice chargecharge ofof 10%10% ofof the fee for cancellations receivedrelated in writingto your business activities. If you do wish to receive these, please tick the box send me the CD rom at £365

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