Business Highlights

Major Events in 2005-06 (April 2005 – March 2006)

May 2005 Acquired Pacific Company

Chevalier (Network Solutions) Limited was awarded a contract to provide and install the Voice Logging / Recording System for Police Force Headquarters and Food & Environmental Hygiene Department

June 2005 Chevalier (Network Solutions) Limited was awarded a contract to provide, install and maintain the business telephone system and Interactive Voice Response System (IVR) / Call Centre System for Hong Kong Cultural Centre, and IVR System for Trade and Industry Department

July 2005

Announcement of 2004-05 annual results

Chevalier (Network Solutions) Limited was awarded a tender to provide residential wireless LAN to TownGas Telecom

Chevalier (Satellink) Limited was awarded contract to design, supply and install SMATV / CABD distribution network and LCD Displays at Café de Coral at Cheung Kong Centre. Also obtained the design, supply and installation of LED display board system project which includes backend PC work-stations. The system is to display Hang Seng Index, stock information and latest news

4 CHEVALIER iTECH HOLDINGS LIMITED ANNUAL REPORT 2005 – 06 Business Highlights

September 2005

2005 Annual General Meeting

Opening of Pacific Coffee shops at Chevalier Engineering Service Centre and Hong Kong Gold Coast

November 2005

Opening of the first Pacific Coffee shop in , (Fortune Plaza)

Opening of Pacific Coffee shop at New World Centre, Tsim Sha Tsui

December 2005

Chevalier (OA) Limited sponsored Toshiba telephone sets for the World Trade Organization (WTO) Hong Kong Ministerial Conference

Announcement of 2005-06 Interim Results

ANNUAL REPORT 2005 – 06 CHEVALIER iTECH HOLDINGS LIMITED 5 Business Highlights

January 2006

Chevalier (Network Solutions) Limited was awarded a contract to provide telephone system maintenance service for The Peninsula Hotel Hong Kong

Chevalier (Network Solutions) Limited was awarded “NEC PABX Telephone System Maintenance Service Support” contract to provide maintenance service for the telephone system of American International Assurance Company (Bermuda) Limited (Hong Kong and offices)

February 2006

Opening of Pacific Coffee shop at Red Dot Design Museum,

Chevalier (Network Solutions) Limited was awarded a contract, “Install, Move, Add and Change – IMAC”, an outsource project of IBM China / Hong Kong

March 2006

Opening of Pacific Coffee shop at Tung Chung Citygate

Opening of Pacific Coffee shop at Republic Plaza, Singapore

Opening of the second Pacific Coffee shop in Beijing, China (Bright China Chang An Building)

6 CHEVALIER iTECH HOLDINGS LIMITED ANNUAL REPORT 2005 – 06