PresidentPresident ChainChain StoreStore Corp.Corp.

April, 2008

pcscpcsc 1 BusinessBusiness ScopeScope

CVSCVS Restaurant-FoodRestaurant-Food && BeverageBeverage 1.1. 7-Eleven7-Eleven TaiwanTaiwan 1.1. StarbucksStarbucks TaiwanTaiwan (30%)(30%) 2.2. 7-Eleven7-Eleven Philippine(56.59%)Philippine(56.59%) 2.2. StarbucksStarbucks ShanghaiShanghai (30%)(30%) 3.3. Mr.Mr. DonutDonut （（50%)50%) DrugDrug StoreStore 4.4. ColdCold StoneStone CreameryCreamery (100%)Taiwan(100%) 1.1. CosmedCosmed Taiwan Taiwan (100%)(100%) 5.5. ColdCold StoneStone CreameryCreamery ChinaChina (100%)(100%) 2.2. CosmedCosmed ChinaChina (65%)(65%) 6.6. AfternoonAfternoon TeaTea TaiwanTaiwan (51%)(51%) 7.7. AfternoonAfternoon TeaTea ChinaChina (51%)(51%) DepartmentDepartment StoreStore HankyuHankyu DepartmentDepartment StoreStore (70%)(70%) E-CommerceE-Commerce 1.1. Books.ComBooks.Com (50.03%)(50.03%) LifeLife StyleStyle BusinessBusiness 2.2. TaiwanTaiwan RakutenRakuten (49%) (49%) 1.Muji(41%)1.Muji(41%) 2.Marks2.Marks && SpencerSpencer (40%)(40%) 3.Plaza3.Plaza (100%)(100%) DistributionDistribution 1. Retail Support International(25%) SupermarketSupermarket // HypermarketHypermarket 1. Retail Support International(25%) 1.1. ShandongShandong Uni-MartUni-Mart SupermarketSupermarket (55%)(55%) 2.2. Uni-PresidentUni-President Cold-Chain(60%)Cold-Chain(60%) 2.2. SichuanSichuan Uni-MartUni-Mart HypermarketHypermarket (100%)(100%) 3.3. WisdomWisdom Distribution(100%),Distribution(100%), 3.3. VietnamVietnam Uni-MartUni-Mart SupermarketSupermarket (51%)(51%) 4.4. T&TT&T SupermarketSupermarket ()(Canada) (20%)(20%) 4.4. TAKKYUBIN(70%)TAKKYUBIN(70%) pcscpcsc 2 TaiwanTaiwan MainMain SubsidiariesSubsidiaries Drugstore Restaurant Department Store Cosmed Taiwan Taiwan Hankyu

Shareholding of PCSC: 100% Shareholding of PCSC: 30% Shareholding of PCSC: 70% Store No. : 257；+47 Store No. : 212；+23 Store No. :1 Life Style Shareholding of PCSC: 50% Distribution MUJI Store No. : 37；+21 Retail Support International Shareholding of PCSC: 41% Cold Stone Creamery Store No. : 11；+2 Shareholding of PCSC: 25% Shareholding of PCSC: 100% PLAZA Store No. : 6；+6 Uni-President Cold-Chain Shareholding of PCSC: 100% Store No. : 2；+2 Distribution Shareholding of PCSC: 60% Marks & Spencer Wisdom TAKKYUBIN Distribution Shareholding of PCSC: 40% Store No. : 3；+3 pcscpcsc Shareholding of PCSC: 70% Shareholding of PCSC: 100%3 OverseasOverseas SubsidiariesSubsidiaries

China Supermarket/ Hypermarket Restaurant Businesses Shandong Unimart Shanghai Supermarket Starbucks Shareholding of PCSC: 55% Shareholding of PCSC: 30% Drugstore Store No.: 61；+23 Store No.: 131；+31 Shenzhen Sichuan Unimart Cosmed Sichuan Unimart Cold Stone Hypermarket Hypermarket Creamery Shareholding of PCSC: 100% Shareholding of PCSC: 65% Shareholding of PCSC: 100% Store No.: 3；+1 Store No.: 12；+5 Store No.: 8；+8

Other Overseas Businesses

Canada Philippine Vietnam Uni-mart T&T Supermarket 7- Eleven Supermarket Shareholding of PCSC: 56.59% Shareholding of PCSC: 51% Shareholding of PCSC: 20% Store No.: 311；+24 Store No.: 1 Store No.: 16；+1 pcscpcsc 4 FinancialFinancial ReviewReview

pcscpcsc 5 20072007 FYFY ParentParent IncomeIncome StatementStatement

Unit:$NT’million 2007 2006 YOY Amount ％ Amount ％ ％ Net sales 98,885 96.6% 96,629 96.6% 2.3% Other operating revenue 3,479 3.4% 3,351 3.4% 3.8% Total operating revenue 102,364 100.0% 99,980 100.0% 2.4%

Gross profit 31,744 31.0% 30,243 30.2% 5.0% Operating expenses (26,890) -26.3% (25,729) -25.7% 4.5% Operating income 4,854 4.7% 4,514 4.5% 7.5%

Net non-operating income -43 0.0% 544 0.5% -107.9% Income before income taxes 4,810 4.7% 5,058 5.1% -4.9% Income tax expense (1,188) -1.2% (1,236) -1.2% -3.9% Net Income $3,622 3.5% $3,822 3.8% -5.2%

Earnings per share (pre-tax) (after tax) (pre-tax) (after tax) Net income (unit:$NTD) 5.26 3.96 5.53 4.18 pcscpcsc 6 35% 200720075.0 FYFY ParentParent IncomeIncome StatementStatement

4.5 30%

4.0 25% 3.5

3.0 20%

2.5 15% 2.0

10% 1.5

1.0 5%

0.5 0% 0.0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Net Profit(NT$bn) 1.40 1.67 1.79 1.84 2.59 3.68 3.05 3.65 3.82 3.62 Gross Margin 29.8% 29.5% 30.3% 29.7% 29.6% 30.0% 30.3% 30.1% 30.2% 31.0% Operating Margin 3.3% 3.1% 3.9% 3.7% 4.1% 4.3% 3.9% 4.5% 4.5% 4.7% EPS(NT$) 3.21 3.24 2.96 2.66 3.36 4.3 3.33 3.99 4.18 3.96 pcscpcsc 7 StrongStrong operatingoperating profitprofit growthgrowth

1.Product mix adjustment-Private label product High margin+Differentiation (1)City Café (2)Slurpee (3)Tea beverage 2.Commission growth-Bill collection

pcscpcsc 8 ReasonsReasons forfor lowerlower--thanthan--expectedexpected profitprofit

(1)Recognize asset impairment for non-core investment Topploy, TongHo, New Century Info (2)Higher than expected loss from New business Hankyu department, Marks & Spencer

pcscpcsc 9 20072007 FYFY ParentParent BalanceBalance SheetSheet

Unit:$NT’million

Amount ％ Amount ％ YOY Assets Cash, equivalents & ST investment 8,569 20% 3,389 9% 153% Receivable-net 758 2% 729 2% 4% Inventories 2,993 7% 2,881 8% 4% Other current assets 1,032 2% 885 2% 17% Total current assets 13,352 31% 7,884 22% 69% Available-for-sale financial assets 740 2% 515 1% 44% LT investments (Equity method) 6,728 16% 6,353 17% 6% LT investments (Cost method) 11,809 28% 12,381 34% -5% Total LT investments 19,277 45% 19,248 53% 0%

Total fixed assets 7,645 18% 6,851 19% 12% Total other assets 2,274 5% 2,262 6% 1% Total assets $42,638 100% $36,319 100% 17% pcscpcsc 10 20072007 FYFY ParentParent BalanceBalance SheetSheet Unit:$NT’million 2007 2006 Liabilities and SE Amount ％ Amount ％ YOY Liabilities Notes /Accounts Payable 12,509 29% 12,286 34% 2% Accrued expenses 2,270 5% 2,422 7% -6% Advance receipts 1,031 2% 1,023 3% 1% Income taxes payable 641 2% 662 2% -3% Current portion of long-term liabilities 1,100 3% 900 2% 22% Total current liabilities 17,551 41% 17,293 48% 1% Total long-term liabilities 6,700 16% 1,115 3% 501% Other Liabilities 2,132 5% 1,928 5% 11% Total liabilities 26,383 62% 20,336 56% 30% Shareholders' equity Capital 9,152 21% 9,152 25% 0% Retained earnings 6,575 15% 6,465 18% 2% Others 527 1% 366 1% - Total shareholders' equity 16,254 38% 15,983 44% 2%

Liabilities and shareholders' equity $42,638 100% $36,319 100% 17% pcscpcsc 11 20072007 FYFY ParentParent StatementStatement ofof CashCash FlowFlow Unit:$NT’million

2007 Cash flows from operating activities : 6,085 Net Income 3,622 Adjusted: Depreciation & Amortization 1,805 Cash flows from investing activities : (5,937) Acquistion of long-term investments (1,278) Increase of short-term investmen t (2,555) Cash flows from financing activities : 2,493 Increase in long-term loans 6,700 Payment of cash dividend (3,203) Payback of corporate bond (900) Net increase (decrease) in cash and equivalents 2,640 Cash and cash equivalents, beginning of year 3,238 Cash and cash equivalents, end of year 5,879 pcscpcsc 12 20072007 CAPEXCAPEX

ˆ Taiwan 7-11 Operation 2.48 billion ˆ Long-term investment 1.28 billion Total Expenditure 3.76 billion

China Business NT$ 583 million ¾Sichuan Uni-mart NT$NT 348m ¾Cold stone- China NT$ 170m ¾Presiclerc Limited NT$ 65m

Taiwan Business NT$ 694 million ¾Tong-Ho Development Corp. NT$269 m ¾Uni-President Department Store NT$210 m ¾Marks & Spencer NT$128 m ¾Mech-President Corp. NT$ 87 m pcscpcsc 13 20082008 OutlookOutlook

pcscpcsc 14 StrategiesStrategies forfor 77--ElevenEleven OperationOperation

Remain Dominant Position •Steady Store Opening Strategy •New Store Format

Adjust Product Mix •Complete Innovative Service •Differentiation •I-bon Service •Improve Gross Margin •Pre-order Private label product / •E-commerce exclusive product pcscpcsc 15 20082008 OutlookOutlook forfor SubsidiariesSubsidiaries

Net Increase Company Total # of stores # of stores Taiwan 43 300 Cosmed China 15 27 Taiwan 18 230 Starbucks China 39 170 PLAZA 4 6

MUJI 3 14 Taiwan 7 13 Cold Stone China 28 36 China-Shandong 102 Uni-mart 41 China-Sichuan 2 5 Mister Donut 33 70

Taiwan 2 2 Afternoon Tea China 4 5 Marks & Spencer 0 3 pcscpcsc 16 20082008 CAPEXCAPEX ProjectionProjection

ˆ Taiwan 7-11 Operation 3.50 billion ˆ Long-term investment 1.50 billion Total Expenditure 5.00 billion

New Store Opening NT$ 1.3 billion Store Remodeling NT$ 0.6 billion Machine NT$ 1.1 billion IT Equipment NT$ 0.5 billion

China Business NT$ 0.5 billion Sichuan Uni-mart, Cosmed, Cold stone, Afternoon Tea, etc

Taiwan Business NT$ 1 billion Uni-President Department Store, Afternoon Tea, Pet Plus, Rakuten on-line shops, etc. pcscpcsc 17 TrendTrend ofof DividendDividend PolicyPolicy 100% Unit:4.00 NT$

3.50 90% 3.00 80% 2.50

2.00 70% 1.50

1.00 60%

0.50 50% 0.00 1999 2000 2001 2002 2003 2004 2005 2006 2007(F) Total Dividends 2.80 2.50 2.25 2.90 3.30 3.00 3.4 3.5 3.2 Cash Dividends 1.12 1.00 1.12 1.78 2.64 3.00 3.4 3.5 3.2 Stock Dividends 1.68 1.50 1.13 1.12 0.66 0.00 0.00 0.00 0 Payout Ratio(%) 86% 84% 85% 86% 77% 90% 85% 84% 81% pcscpcsc 18 Thank you!

IR website (Chinese version) http://www.7-11.com.tw/pcsc/invest/investment.asp

IR website (English Version) http://www.7-11.com.tw/en/Investor/investment.asp pcscpcsc 19