1. 2007 Annual Results Giordano International Limited (stock code: 709)
March 28th, 2008 (Friday)

2. Growth regaining momentum
(in HK$ millions)
2007
YOY
Change
Turnover
4,950
+ 13.2%
Retail & Distribution Turnover
4,420
+ 10.0%
Retail & Distribution Turnover in Mainland China
1,349
+ 23.8%
Gross profit
2,357
+ 8.2%
EBITDA
552
+ 7.6%
Operating profit
384
+ 2.1%
Profit attributable to shareholders
295
+ 43.9%
Earnings per share in HK cents
19.8
+ 43.5%
March 28, Giordano 2007 Annual Results

3. Solid fundamentals 2007 2006 Net cash & bank balances on December 31
(in HK$ millions)
2007
2006
Net cash & bank balances on December 31
474
665
Cash inflow from operating activities
343
306
Inventory turnover on sales
33 days
35 days
Current ratio
1.9x
2.1x
Gross margin
47.6%
49.8%
Retail & Distribution gross margin
50.6%
50.8%
Return on average total assets
10.3%
7.3%
Return on average shareholders’ equity
15.1%
10.0%
March 28, Giordano 2007 Annual Results

4. Balancing between current return for shareholders and investing for future growth
(in HK$ millions)
2007
2006
Final dividend (proposed) in HK cents
5.0
Special final dividend (proposed) in HK cents
10.0
15.0
Total interim dividend (paid) in HK cents
6.5
Total full year dividend in HK cents
21.5
26.5
Payout ratio
108.6%
192.0%
Capex expected to increase to between HK$250 million and HK$300 million in 2008 (2007: HK$142 million)
Plans to add 150 stores worldwide in 2008
New flagship stores coming in Hong Kong, Guangzhou, Hangzhou and elsewhere
March 28, Giordano 2007 Annual Results

5. Retail & Distribution Division driving growth
(in HK$ millions)
Retail & Distribution
YOY Change
Garment Manufacturing
Turnover
(before intra-group elimination)
4,420
+ 10.0%
936
- 2.1%
Gross margin
50.6%
- 0.2% pt
12.8%
- 1.4% pts
Operating profit
384
+15.0% - %
Operating margin
8.7%
+ 0.4% pt
- 4.4% pts
Better performance at the Group’s directly managed retail stores, reflecting consumer acceptance of our branding efforts
Comparable store sales increased by 2.4% (2006: down 3.0%)
Average selling price increased by 14.5% in 2007
Garment Trading & Manufacturing Division becoming relatively less important
Decreasing share of Retail & Distribution purchases (16.2% in 2007 vs 25.7% in 2006)
Decreasing profit contribution
March 28, Giordano 2007 Annual Results

6. Retail & Distribution turnover by brand
For the Year Ended December 31, 2007
BSX / Bluestar Exchange
6% of 2007 turnover (2006: 8%)
Converted 17 stores to BSX
Comp store sales up 12.1% and gross margin up 2.5% pts after conversion to BSX
ASP up 13.2%
Giordano Concepts
4% of 2007 turnover (2006: N/A)
Added 11 stores in 2007
Giordano Ladies
6% of 2007 turnover (2006: 5%)
Turnover up 17.8%
Comp store sales up 9.1%
ASP up 11.0%
Gross margin up 1.0% pt
Added 8 stores in 2007
Giordano & Giordano Junior
84% of 2007 turnover (2006: 87%)
Turnover up 5.7%
Comp store sales up 2.0%
ASP up 10.0%
Added 137 outlets in 2007
March 28, Giordano 2007 Annual Results

7. Retail & Distribution turnover by market
For the Year Ended December 31, 2007
Mainland China
31% of 2007 turnover (2006: 27%)
Turnover up 23.8% in 2007
820 out of 1,895 stores worldwide
Hong Kong, 20% (22%)1
Taiwan, 15% (16%)1
Singapore, 9% (10%)1
Australia, 5% (6%)1
Indonesia, 4% (4%)1
Malaysia, 3% (3%)1
Thailand, 3% (2%)1
Others, 10% (10%)1
1 YOY figures in brackets
March 28, Giordano 2007 Annual Results

8. MAINLAND CHINA Aggressively moving ahead 2007 2006 1,349 1,090 + 15.2%
Turnover (HK$M)
1,349
1,090
Comp store sales
+ 15.2%
+ 8.5%
Number of outlets
820
729
Six consecutive quarters of double-digit turnover growth since 3Q06
Turnover growth accelerated to 23.8% (2006: up 10.4%) and comp store sales growth increased to 15.2% (2006: up 8.5%)
ASP up 18.8% and gross margin expanded by 1.4% pts
Operating profit increased by 81.7%
91 stores added in 2007, 72% of global store growth
Turnover up 43.2% in first two months of 2008
March 28, Giordano 2007 Annual Results

9. HONG KONG Steady growth in a challenging market 2007 2006 892 873
Turnover (HK$M)
892
873
Comp store sales
+ 8.1%
+ 5.4%
Number of outlets 92 98
Total turnover increased by 2.2% (2006: up 0.7%) and comp store sales increased by 8.1% (2006: up 5.4%)
Overall ASP up 20.6%
Turnover of Giordano brands (Giordano, Junior, Ladies and Concepts) up 7.0% and comp store sales up 8.6%
Turnover increased by 6.7% in first two months of 2008 (Giordano brands up 11.8%)
March 28, Giordano 2007 Annual Results

10. TAIWAN Re-engineering operations for a turnaround 2007 2006 654 658
Turnover (HK$M)
654
658
Comp store sales
- 4.2%
- 9.1%
Number of outlets
210
239
Turnover stable (2006: down 10.1%)
Comp store sales decline narrowed to 4.2% (2006: down 9.1%)
ASP up 11.2%
29 under-performing stores closed
Turnover increased by 13.6% in first two months of 2008
March 28, Giordano 2007 Annual Results

11. SINGAPORE Reorganizing to improve operations 2007 2006 390 403 - 10.9%
Turnover (HK$M)
390
403
Comp store sales
- 10.9%
- 11.9%
Number of outlets 53
Turnover down 3.2% in 2007
Experienced Hong Kong management team brought in to reorganize operations
Turnover decreased by 2.6% in the first two months of 2008
March 28, Giordano 2007 Annual Results

12. SOUTH KOREA Turning around and profitable 2007 2006 982 1,014 - 8.6%
Turnover (HK$M)
982
1,014
Comp store sales
- 8.6%
- 6.5%
Number of outlets
173
148
Better merchandising discipline helped gross margin to increase by 2.4% pts
Despite a 3.2% decrease in sales, gross profit increased by 1.3%
More stringent cost control helped increase profit contribution to HK$13 million from zero in 2006
Turnover up 13.0% in first two months of 2008
March 28, Giordano 2007 Annual Results

13. MIDDLE EAST & INDIA Continued expansion in a buoyant market 2007 2006
Turnover (HK$M)
465
359
Comp store sales
+ 10.9%
+ 1.6%
Number of outlets
147
131
Turnover grew by 29.5% and comp store sales increased by 10.9%
Profit contribution increased by 50.0% to HK$12 million
16 stores added in 2007
Launched in Delhi and Mumbai in India
Turnover increased by 11.8% in first two months of 2008
March 28, Giordano 2007 Annual Results

14. Outlook – Sustain double-digit growth in 2008
Group turnover increased 17.1% in first two months of 2008
Plans to add 150 stores worldwide in 2008
Capex expected to increase from HK$142 million in 2007 to between HK$250 million and HK$300 million in 2008
Continue to focus on rapid growth in Mainland China
Target to add 120 stores (all brands) in Mainland China in 2008
New flagship stores coming in Guangzhou and Hangzhou
Turnover grew by 43.2% in the first two months of 2008
Faster growth for Giordano Ladies and Giordano Concepts
Target to add 30 Giordano Ladies and Giordano Concepts stores in 2008, mostly in Mainland China
New flagship store coming in Hong Kong
Turnover increased by 29.9% in the first two months of 2008
Closely monitor and support turnaround in Taiwan and South Korea
Taiwan sales increased by 13.6% in the first two months of 2008
South Korea sales up by 13.0% in the first two months of 2008
March 28, Giordano 2007 Annual Results

15. Giordano International Limited (stock code: 709)
Q&A
2007 Annual Results
Giordano International Limited (stock code: 709)

16. Giordano International Limited (stock code: 709)
Appendix
2007 Annual Results
Giordano International Limited (stock code: 709)

17. 5-YEAR GROUP FINANCIAL HIGHLIGHTS
March 28, Giordano 2007 Annual Results

18. BSX/Bluestar Exchange
GLOBAL RETAIL NETWORK
No. of outlets
As at Dec 31, 2007
As at Dec 31, 2006
YOY Change
Giordano & Junior
Giordano Concepts
Giordano Ladies
BSX/Bluestar Exchange
Others
Total
Mainland China
774 4 15 27 -
820
729
+91
Hong Kong 47 10 31 92 98 -6
Taiwan
154 3 43
210
239
-29
Singapore 50 1 2 53
Australia 59 61 +2
Malaysia 63 58 +5
Indonesia 81 7 84 +8
Thailand 77
+14
South Korea
173
148
+25
Middle East & India
147
131
+16
Philippines 41 44
Japan 14 20 45 49 +6
1,723 39
117
1,895
1,769
+126
March 28, Giordano 2007 Annual Results