Review of Operations NORTH ASIA Our North Asia group operates in the following cities: Beijing Guangzhou Hong Kong Seoul Shanghai Taipei Tokyo During the year, some of the major exhibitions undertaken by our North Asia operations were as follows: Show Name Location Industry Asia Pacific Leather Fair Hong Kong Leather Asia Telecom Hong Kong Telecommunication Auto China Beijing Automobiles Chinaware (Spring, Autumn) Guangzhou Ceramic Computer Expo Hong Kong Computer Computex 2001 Taipei Computer ELE/Expo Comm Shanghai Telecommunication Food and Hotel 2001 Shanghai Food & Hotel Hofex Hong Kong Food Hong Kong Advantage Xian, Urumqi Business and Investment Jewellery & Watch Fair Hong Kong Jewellery KES 2001 Seoul Electronics NEPCON 2001 Shanghai Electronics PT/Expo Comm China Beijing Telecommunication Semicon Japan Tokyo Semi-conductors Semicon Korea Seoul Semi-conductors Semicon Taipei Taipei Semi-conductors The exhibition business of the region is growing steadily. More demand for tradeshows is expected in China after its entry into WTO. 16 Pico Far East Holdings Limited Review of Operations SOUTH ASIA Our South Asia group operates in the following cities: Bahrain Kuala Lumpur Bangkok New Delhi Dubai Singapore Ho Chi Minh City Sydney Jakarta During the year, some of the major exhibitions undertaken by our South Asia operations were as follows: Show Name Location Industry Aero India 2001 Bangalore Aerospace Asia Telecom 2000 Hong Kong Telecommunication Bangkok International Bangkok Automobile Motor Show Cebit 2001 Hannover Telecommunication CommunicAsia 2001 Singapore Telecommunication IDEX 2001 Abu Dhabi Defence International Furniture Fair Singapore Furniture Internet World 2001 Singapore Telecommunication Investor Fair Bangkok Finance & Banking ITMA 2001 Singapore Textile & Machinery Millennium Motor Show 2000 Singapore Automobile Motor Expo Bangkok Automobile NAFEX 2001 Kuala Lumpur Furniture NEPCON 2001 Kuala Lumpur Electronics Semicon 2001 Singapore Semi-conductors Wire & Tube 2001 Singapore Wire & Tube In year 2001, the region was involved in several international events such as ITU Asia Telecom in Hong Kong, Cebit in Hannover and ITMA in Singapore. In the coming year, the region will be expecting more shows such as Asian Aerospace and Auto Show in Bangkok. 17 Pico Far East Holdings Limited Review of Operations EUROPE / AMERICAS Our Europe/Americas group operates in the following cities: London Los Angeles During the year, some of the major exhibitions undertaken by our Europe/Americas operations were as follows: Show Name Location Industry Asia Telecom Hong Kong Telecommunication Communic Asia Singapore Telecommunication ExpoComm Mexico Mexico City Telecommunication European Coating Show Nurmberg Electronics GDS International Shoe Fair Dusseldorf Foot Wear IDEX Abu Dhabi Defence Korea Aero Seoul Aerospace NetWorld-Interop Las Vegas Information Technology Paris Air Show Paris Aerospace Post Expo Switzerland Postal Technology and Innovation Semicon Europa Munich Semi-conductors Semicon Korea Seoul Semi-conductors Semicon Taiwan Taipei Semi-conductors Semicon West San Francisco Semi-conductors SOE Istanbul Medical World Travel Market London Travels WSA Las Vegas Foot Wear Despite the slowing down of the US economy in year 2001, the offices in the Europe/Americas region continue to develop the business in various sectors including telecommunications, semi-conductors, footwear and shoe apparel, aerospace and defense, electronics and information technology. 18 Pico Far East Holdings Limited.