News Release

CHINA AGAIN TOPS FORBES ASIA’S FABULOUS 50 LIST

Singapore, 24 September 2009 – China has again outdone the rest of Asia Pacific with the
most number of firms represented in Forbes Asia’s Fabulous 50, an annual list of 50 big-cap
and profitable firms in the region.

Sixteen companies from mainland China made the cut this year, compared with 13
last year and only five when the inaugural Fabulous 50 was published in 2005. The
mainland’s fast growth continues to toss up hot new companies for the list. Out of 24
newcomers this year, nine are Chinese firms including Agile Property Holdings, Anhui
Conch Cement, Digital China Holdings and Tencent Holdings.

The mainland firms together with five from Taiwan and three from Hong Kong
account for almost half of the entries, giving Greater China the biggest regional
representation on the list.

The Fabulous 50 List appears in the October 5 issue of Forbes Asia, which is
available on the newsstands this week. Only companies with revenues or market
capitalization of at least US$3 billion, and a five-year record of operating profitability and
return on equity, are covered. Other criteria include long-term profitability, sales and earnings
growth, stock price appreciation, projected earnings, quality of management and
entrepreneurial skills.

Following closely behind China is India with 13 entries, compared with nine last year.
Most of the Indian firms were on the list previously except for four newcomers: Adani
Enterprises, Axis Bank, Jindal Steel & Power and Tata Consultancy Services.

Among the Indian firms returning to the list are Bharat Heavy Electricals, Larsen &
Toubro and Reliance Industries, all making their appearance for the fourth time, while
Infosys Technologies and Wipro have been on the list since its inception in 2005. Other
companies with similar staying power five years in a row are Australia’s BNP Billiton,

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Brambles and Woolworths, Hong Kong’s Li & Fung and Taiwan’s Hon Hai Precision
Industry.

Taiwan moved up the ranking this year and is in third place with five companies on
the list, all of which are from the technology sector. The only new face among the five is
Siliconware Precision Industries, which assembles and tests semiconductors.

Japan and Australia are tied at fourth place with four companies each. The number of
Japanese firms making the list has dwindled over the years since the list started in 2005.
Japan topped the inaugural list with 13 firms but since then its entries have declined; a sign of
how its economy has stagnated.

Winners of the Fabulous 50 List will be honored at an award ceremony and dinner in
Hong Kong on December 3rd 2009. Invest Hong Kong is the Host Sponsor of the event.

For more information, visit www.forbes.com/fab50.

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 FORBES ASIA FABULOUS 50 LIST
(BY MARKET AND IN ALPHABETICAL ORDER)

CHINA INDIA
AGILE PROPERTY HOLDINGS ADANI ENTERPRISES
ANGANG STEEL AXIS BANK
ANHUI CONCH CEMENT BHARAT HEAVY ELECTRICALS
BYD BHARTI AIRTEL
CHINA VANKE HDFC BANK
CITIC SECURITIES INFOSYS TECHNOLOGIES
DIGITAL CHINA HOLDINGS JINDAL STEEL & POWER
GREE ELECTRIC APPLIANCES LARSEN & TOUBRO
SAIC MOTOR MAHINDRA & MAHINDRA
SANY HEAVY INDUSTRY RELIANCE INDUSTRIES
SUNING APPLIANCE TATA CONSULTANCY SERVICES
TENCENT HOLDINGS TATA STEEL
TINGYI HOLDING WIPRO
WANT WANT CHINA HOLDINGS
WUHAN IRON & STEEL
ZTE

TAIWAN AUSTRALIA
ACER BHP BILLITON
HON HAI PRECISION INDUSTRY BRAMBLES
HTC NEWCREST MINING
SILICONWARE PRECISION INDUSTRIES WOOLWORTHS
WISTRON

JAPAN HONG KONG

FAST RETAILING LI & FUNG
HIS NOBLE GROUP
KOMATSU TPV TECHNOLOGY
SOFTBANK

SOUTH KOREA SINGAPORE

NHN OLAM INTERNATIONAL
SAMSUNG HEAVY INDUSTRIES

INDONESIA THAILAND
BANK RAKYAT INDONESIA PTT

- END -

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_________________________________________________________________________
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Catherine Ong Associates Pte Ltd
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