Clarification On A Recent Newspaper Report

BackOct 22, 2004

The Company refers to Lianhe Zaobao's newspaper article on BreadTalk Group Limited acquiring the entire issued and paid-up share capital of Topwin Investment Holding Pte Ltd published on 22 October 2004 and would like to highlight the following discrepancies with that report, namely:

1) BreadTalk Group's loss per share before the proposed acquisition is 0.10 cents (and not 0.01 cents as stated in the article);

2) The expected revenue contribution from each of our business segments after the proposed acquisition is as follows:

a. Food court operations - approximately 30% (instead of 55%)

b. Bakery operations - approximately 55% (instead of 30%)

c. Din Tai Fung restaurant operations - approximately 15% (no change)