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Third Quarter Report 2006 (In Both English and Chinese Versions) (“Q3 Report”) Has Been Posted on the Company’S Website At

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Third Quarter Report 2006 (In Both English and Chinese Versions) (“Q3 Report”) Has Been Posted on the Company’S Website At This third quarter report 2006 (in both English and Chinese versions) (“Q3 Report”) has been posted on the Company’s website at http://www.ck-lifesciences.com. Shareholders who have chosen to rely on copies of the Company’s corporate communication (including but not limited to annual report, summary financial report (where applicable), half-year report, summary half-year report (where applicable), quarter report, notice of meeting, listing document, circular and proxy form) posted on the Company’s website in lieu of the printed copies thereof may request the printed copy of the Q3 Report. Shareholders who have chosen to receive the corporate communication using electronic means through the Company’s website and who for any reason have difficulty in receiving or gaining access to the Q3 Report posted on the Company’s website will promptly upon request be sent the Q3 Report in printed form free of charge. Shareholders may at any time choose to change your choice as to the means of receipt (i.e. in printed form or by electronic means through the Company’s website) and/or the language of the Company’s corporate communication by notice in writing to the Company’s Branch Share Registrar, Computershare Hong Kong Investor Services Limited at 46th Floor, Hopewell Centre, 183 Queen’s Road East, Hong Kong. Shareholders who have chosen to receive printed copy of the corporate communication in either English or Chinese version will receive both English and Chinese versions of this Q3 Report since both languages are bound together into one booklet. THIRD QUARTER REPORT 2006 CK LIFE SCIENCES INT’L., (HOLDINGS) INC. 1 Characteristics of the Growth Enterprise Market (“GEM”) of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) GEM has been established as a market designed to accommodate companies to which a high investment risk may be attached. In particular, companies may list on GEM with neither a track record of profitability nor any obligation to forecast future profitability. Furthermore, there may be risks arising out of the emerging nature of companies listed on GEM and the business sectors or countries in which the companies operate. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. The greater risk profile and other characteristics of GEM mean that it is a market more suited to professional and other sophisticated investors. Given the emerging nature of companies listed on GEM, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board and no assurance is given that there will be a liquid market in the securities traded on GEM. The principal means of information dissemination on GEM is publication on the internet website operated by the Stock Exchange. Listed companies are not generally required to issue paid announcements in gazetted newspapers. Accordingly, prospective investors should note that they need to have access to the GEM website in order to obtain up-to-date information on GEM-listed issuers. This document, for which the directors (the “Directors”) of CK Life Sciences Int’l., (Holdings) Inc. (the “Company”) collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the “GEM Listing Rules”) for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: (i) the information contained in this document is accurate and complete in all material respects and is not misleading; (ii) there are no other matters the omission of which would make any statement in this document misleading; and (iii) all opinions expressed in this document have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable. 2 CK LIFE SCIENCES INT’L., (HOLDINGS) INC. THIRD QUARTER REPORT 2006 Chairman’s Statement Attaining New Heights CK Life Sciences Int’l., (Holdings) Inc. (“CK Life Sciences” or the “Group”) has scaled new heights in sales and profitability. Following a strong result in the first two quarters, upward sales momentum was sustained during the third quarter. Profit and Sales Up Nearly 3 Times First Three Quarters Ended The Third Quarter 30 September HK$m 2006 2005 Change 2006 2005 Change Sales revenue 558.4 213.3 +162% 1,426.7 368.3 +287% Investment proceeds 21.7 43.0 –50% 75.5 117.2 –36% Total revenue 580.1 256.3 +126% 1,502.2 485.5 +209% Profit attributable to shareholders 18.5 5.0 +270% 33.3 8.3 +301% For the third quarter ended 30 September 2006, the Group’s total revenue rose to HK$580 million, doubling that over the same period last year. Profit attributable to shareholders exceeded 1 HK$18 million, an increase of over 2 ⁄2 times from that of the third quarter of last year. The strong third quarter results have brought the year to date performance to new peaks. For the nine months ended 30 September 2006, sales revenue exceeded HK$1.4 billion, an almost 3-fold increase over the same period in 2005, while total revenue amounted to HK$1.5 billion, a surge of 2 times over last year. Overall, profit attributable to shareholders increased 3 times to over HK$33 million. The Board of Directors has not declared any dividend for the period under review (2005: Nil). THIRD QUARTER REPORT 2006 CK LIFE SCIENCES INT’L., (HOLDINGS) INC. 3 Chairman’s Statement (cont’d) Sustained Quarter-on-Quarter Growth The continued quarter-on-quarter increases in 2006 are a reflection of the Group’s positive and ongoing growth trend. 2006 Change Change HK$m Q1 Q2 Q3 Q2 vs Q1 Q3 vs Q2 Sales revenue 408.0 460.4 558.4 +13% +21% Investment proceeds 19.5 34.2 21.7 +75% –37% Total revenue 427.5 494.6 580.1 +16% +17% Profit attributable to shareholders 2.1 12.7 18.5 +505% +46% Quarterly Sales Exceed HK$500 Million The Third Quarter HK$m 2006 2005 Change Health-related Business 396.3 57.6 +588% Agriculture-related Business 162.1 155.7 +4% Total sales 558.4 213.3 +162% 4 CK LIFE SCIENCES INT’L., (HOLDINGS) INC. THIRD QUARTER REPORT 2006 Chairman’s Statement (cont’d) Health-related Sales Surge Nearly 6 Times Sales for health-related business increased nearly 6 times, nearing the HK$400 million mark. Sales performance was greatly enhanced by the recent acquisition and contribution from Vitaquest International Holdings LLC. In this quarter, we made our first foray into the European market with the milestone launch of the Adrien Gagnon (“A.G.”) Natural Health brand in the Netherlands at over 700 Kruidvat stores. Kruidvat — owned by the A.S. Watson Group, also a member of the Cheung Kong Group — is the market leader in the Netherlands’ health & beauty retail sector. In Canada, the performance of Santé Naturelle A.G. Ltée continues to be good and A.G. remains the leading nutraceutical brand in Québec, Canada. Meanwhile in Hong Kong, the A.G. line of nutraceuticals continues to be well received with potent sales growth achieved. Agriculture-related Revenue Totals Over HK$160 Million Growth was reported in our agriculture-related business as sales reached in excess of HK$160 million during the period under review. The Australian operations reported steady progress during the third quarter, while sales of the eco-fertilizer have picked up steadily in Asia, particularly in Vietnam, Korea, Japan and the Philippines. Continued R&D Progress Our commitment to R&D is unwavering and our expert team of scientists and researchers continue to work diligently to develop new technology and product applications for our core business areas. We have expanded our research platform from microbes to herbs and antibodies. Based on these areas of research, we are committed to developing new technologies that enhance human health and improve environmental sustainability. Substantial resources will also be dedicated to product development as we continue to expand our existing product lines in both health and agriculture related areas. THIRD QUARTER REPORT 2006 CK LIFE SCIENCES INT’L., (HOLDINGS) INC. 5 Chairman’s Statement (cont’d) Strong Financial Position Our financial position is very strong. Cash and net financial assets on hand amounted to HK$1.55 billion, while bank loans totalled HK$598 million at the end of third quarter of 2006. We have ample liquidity to fund sales growth, extensive R&D programmes and acquisition strategies — all of which are expected to progress rapidly. Prospects To accelerate our pace of growth and global expansion, we will continue to seek new acquisitions to bolster our human health and environmental businesses. Nutraceutical sales development is an area we will continue to focus on. By leveraging on the global sales network and leadership position of our retail partner, the A.S. Watson Group, we aim to bring our products to more markets. Plans are on the drawing board to launch the A.G. brand in more markets in Asia and Europe in the near future. We are pleased to record a strong performance for the third quarter 2006 and we believe all the ingredients are in place for continued growth momentum for the rest of the year and beyond. I would like to thank our shareholders, Board of Directors, our staff and our business partners for their steadfast support.
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