Widnell

Approximate Building Cost Data for Macau 1st Quarter 2009
Building Type	Cost in Macau Patacas/m2 Construction Floor Area	Comments
1RESIDENTIAL 1High rise medium quality residential 1High rise luxury residential 1Low rise residential 1Individual villas	RESIDENTIAL 6,300 - 8,100 MOP9,000 - 11,700 N/A MOP11,700 up	1
1COMMERCIAL 1Medium quality offices 1Grade A offices, high rise 1Prestige shopping malls 14-star hotels 15-star hotels	#D1E6F1MMERCIAL MOP9,000 - 11,700 MOP9,900 - 11,700 MOP14,400 - 17,100 MOP15,300 - 18,000 MOP19,800 up	Figures include FF&E 1 1 1 1
1INDUSTRIAL 1High rise warehousing & storage 1Low rise factories	1INDUSTRIALSTRIAL N/A N/A	1
1PUBLIC & SOCIAL 1Multi-storey Carparks 1International schools 1Casinos	1PUBLIC & SOCIAL MOP5,700 - 6,300 MOP7,600 - 9,000 MOP25,100 up	PUBLIC & SOCIAL 1

Notes:

The figures noted above give a rough guide to the probable cost of building.

Figures outside the given ranges may be encountered.

Figures generally include for all building works, finishings and mechanical and electrical installations but exclude special equipment, furniture, loose fittings,external works and site abnormals.

Professional fees, legal costs, developers in-house costs and other ancillary costs are also excluded.