Widnell

Approximate Building Cost Data for Beijing 1st Quarter 2007
Building Type	Cost in RMB/m2 Construction Floor Area	Comments
1RESIDENTIAL 1High rise medium quality residential 1High rise luxury residential 1Low rise residential 1Individual villas	RESIDENTIAL RMB3,200 - 3,500 RMB4,200 - 4,800 RMB4,000 - 4,500 RMB5,000 up
1COMMERCIAL Medium quality offices Grade A offices, high rise Avergae shopping malls 1Prestige shopping malls 14-Star hotels 15-Star hotels	E6F1MMERCIAL C RMB4,500 - 5,000IAL RMB6,000 - 7,000 RMB5,500 - 6,500 RMB6,000 - 7,300 RMB8,000 - 9,000 RMB10,000 up	E6F1MMERCIAL 1 1Figures include FF&E 1Figures include FF&E
1INDUSTRIAL 1High rise warehousing & storage 1Low rise factories Logistic	1INDUSTRIALSTRIAL RMB2,000 - 3,000 RMB3,000 - 4,000 RMB3,000 - 4,000	1
1PUBLIC & SOCIAL 1Multi-storey carparks 1International schools	1PUBLIC & SOCIAL RMB2,500 - 3,500 RMB4,500 - 6,000	PUBLIC & SOCIAL 1

1Notes:
1The figures noted above give a rough guide to the probable cost of building.
1Figures outside the given ranges may be encountered
1Figures generally include for all building works, finishings and mechanical and electrical installations but
1exclude special equipment, furniture, loose fittings,external works and site abnormals.
1Professional fees, legal costs, developers in-house costs and other ancillary costs are also excluded.
1Figures do not include GST