P&L

Dear All,

Enclosed is the P&L as of Jan 2006 and commission splits as follows:

Net Profit = HK$ 421,318.67

Commission
AL- 25%; HK$ 105,330.00
RY- 20%; HK$ 84,263.70 (less HK$ 500 for MPF contribution) - NET Payable for
RY
= HK$ 83,763.70
CL- 25%; HK$ 105,330.00 (only entitled to 4/5 due to maternity leave)= HK$
84,264.00 (less HK$ 90 for MPF contribution)- NET payable for
CL = HK$ 84,174.00

Thanks,

C***