Financial Data
|
as of May, 2008 |
Expansion of Assets Under Management 
| 1) | Assets Under Management: The total sum of the balance of investments managed integral with the capital of investors, the balance of assets managed only with the investors'capital and the balance of assets held and managed by the Company and its 100%-owned subsidiaries. All figures are based on the acquisition prices and therefore donot include any capital expenditures. Figures for development projects include only the land prices; costs for architectural design and construction are added at completion. |
| 2) | The assets of the consolidated SPCs are categorized under Private Funds. |
| 3) | Development projects include those using SPCs, as well as those on Creed's balance sheet. |
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