Incorporation Of Subsidiary In Beijing, The People's Republic Of China ("PRC")

BackSep 05, 2008
The Board of Directors of BreadTalk Group Limited ("the Company") wishes to announce that a new subsidiary, Beijing Star Food F&B Management Co., Ltd. ("Beijing Star Food"), has been incorporated by Star Food Pte Ltd, a 60% owned subsidiary of the Company.

Beijing Star Food, incorporated in the PRC will be engaged mainly in the management of the Carl's Junior Restaurant business in the municipalities of Beijing and Tianjin in the PRC pursuant to the franchise arrangement with Carl Karcher Enterprises, Inc. as announced by the Company on 19 June 2008.

Beijing Star Food has a registered capital of US$1,570,000 and the investment will be funded internally. As at the date of this announcement, the registered capital has not been paid up.

The incorporation of the new subsidiary is not expected to have any material impact on the earnings per share or the net tangible assets of the Group for financial year ending 31 December 2008.

None of the Directors or controlling shareholders of the Company has any interest, direct or indirect in the above transaction.


Tan Cher Liang
Company Secretary

5 September 2008