Interim Management Statement

7 May 2008 12:47

Dairy Farm International Hldgs Ld07 May 2008 To: Business Editor For immediate release The following announcement was issued today to a Regulatory Information Serviceapproved by the Financial Services Authority in the United Kingdom. DAIRY FARM INTERNATIONAL HOLDINGS LIMITED Interim Management Statement 7th May 2008 - Dairy Farm International Holdings Limited has today issued anInterim Management Statement covering the period from 1st January to 6th May2008 in accordance with the requirements of the Disclosure and TransparencyRules issued by the Financial Services Authority of the United Kingdom. During the period under review, Dairy Farm's major businesses have performedwell and the Company's cash flow remains strong. The Group's North Asian operations are continuing to trade well with the HongKong retail activities showing improved results and the Taiwan businessestrending positively. In Singapore, all formats are showing improvement, whilethe retail businesses in Malaysia are producing enhanced sales and profits asthe expansion in store numbers continues. The Indian joint ventures are,however, being affected by increasing costs and competition. In Indonesia, PTHero is achieving better results. The Group's trading prospects for the year remain positive despite the moreuncertain economic outlook. Dairy Farm is a leading pan-Asian retailer. At 31st December 2007, the Groupand its associates operated 4,191 outlets - including supermarkets,hypermarkets, health and beauty stores, convenience stores, home furnishingsstores and restaurants; employed over 69,000 people in the region; and had totalannual sales of US$6.8 billion. Dairy Farm International Holdings Limited isincorporated in Bermuda and listed in London, Bermuda and Singapore. It is amember of the Jardine Matheson Group. - end - For further information, please contact: Dairy Farm Management Services Limited Howard Mowlem (852) 2299 1896 Email: hmowlem@dairy-farm.com.hk GolinHarris John Morgan (852) 2501 7939 Email: john.morgan@golinharris.com This and other Group announcements can be accessed through the Internet at 'www.dairyfarmgroup.com'. This information is provided by RNS The company news service from the London Stock Exchange