Giordano International Limited (Stock code: 709) May 22, 2008 (Thursday) 2008 First Quarter Results

22 May 2008Giordano 2008 First Quarter Results2 Group Operations Highlights Three Months Ended March 31, 2008 Group turnover  15.1% Retail & Distribution turnover  16.4% Comparable store sales  5.3% Mainland China retail sales  40.8% Mainland China gross profit  61.3% Group gross profit  17.2% Group gross margin46.9% Net cash & bank balances (HKD millions)561 Inventory turnover on sales (days)27

22 May 2008Giordano 2008 First Quarter Results3 Turnover YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Garment Trading & Manufacturing Turnover 1  3.5%  34.9%  50.1% Retail & Distribution Turnover  16.4%  13.4%  10.0% Group Turnover  15.1%  15.3%  13.2% Group Gross Profit  17.2%  10.6%  8.2% 1 Sales to external parties, net of intra-group sales Divisional Highlights Group turnover increased by 8.3% YOY in Apr-08.

22 May 2008Giordano 2008 First Quarter Results4 Retail & Distribution Turnover by Brand Three Months Ended March 31, 2008 Giordano & Giordano Junior, 85% (84%) 1 BSX, 5% (7%) 1 1 YOY figures in brackets. Giordano Concepts, 5% (3%) 1 Giordano Ladies, 5% (6%) 1

22 May 2008Giordano 2008 First Quarter Results5 Turnover YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Giordano & Giordano Junior  17.0%  10.7%  5.7% Giordano Ladies  15.7%  24.8%  17.8% Giordano Concepts  53.1% N/A BSX  11.4%  11.1%  9.9% Retail & Distribution Total  16.4%  13.4%  10.0% Retail & Distribution Division Operations Highlights 1Q08 Retail & Distribution gross margin widened to 49.4% (1Q07: 48.0%). Apr-08 Retail & Distribution sales and increased by 10.0%.

22 May 2008Giordano 2008 First Quarter Results6 Comparable Store Sales 1 YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Giordano & Giordano Junior  5.2%  6.5%  2.0% Giordano Ladies  6.5%  17.5%  9.1% Giordano Concepts  1.1% N/A BSX  11.4%  8.7%  2.3% Retail & Distribution Total  5.3%  5.8%  2.4% Retail & Distribution Division Operations Highlights 1 Inclusive of outlets operating for the full 3, 6 and 9 months in the periods under consideration

22 May 2008Giordano 2008 First Quarter Results7 YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Turnover  17.0%  10.7%  5.7% Comparable Store Sales  5.2%  6.5%  2.0% Change in Number of Outlets  7 7 7 7  27  137 Accounted for 85% of Retail & Distribution turnover for the three months ended Mar-08. Total 1,730 outlets as of end Mar-08. &

22 May 2008Giordano 2008 First Quarter Results8 YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Turnover  15.7%  24.8%  17.8% Comparable Store Sales  6.5%  17.5%  9.1% Change in Number of Outlets 1  8 Accounted for 5% of Retail & Distribution turnover for the three months ended Mar-08. Total 39 stores as of end Mar-08.

22 May 2008Giordano 2008 First Quarter Results9 YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Turnover  53.1% N/A Comparable Store Sales  1.1% N/A Change in Number of Outlets  1 1 1 1  1  11 Accounted for 5% of Retail & Distribution turnover for the three months ended Mar-08. Total 15 stores as of end Mar-08.

22 May 2008Giordano 2008 First Quarter Results10 YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Turnover  11.4%  11.1%  9.9% Comparable Store Sales  11.4%  8.7%  2.3% Change in Number of Outlets  9 9 9 9  3  32 Accounted for 5% of Retail & Distribution turnover for the three months ended Mar-08. Closed 9 stores in 1Q08 to as part of on-going store network restructuring.

22 May 2008Giordano 2008 First Quarter Results11 Retail & Distribution Turnover by Market Three Months Ended March 31, 2008 Mainland China, 36% (30%) 1 Hong Kong, 19% (21%) 1 Taiwan, 15% (15%) 1 Singapore, 8% (10%) 1 Australia, 4% (5%) 1 Indonesia, 4% (4%) 1 Malaysia, 3% (3%) 1 Thailand, 2% (2%) 1 Others, 9% (10%) 1 1 YOY figures in brackets

22 May 2008Giordano 2008 First Quarter Results12 Turnover YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Mainland China  40.8%  29.4%  23.8% Hong Kong  4.4%  4.0%  2.2% Taiwan  11.2%  1.6%  0.6% Singapore  1.1%  1.1%  3.2% Retail & Distribution Total 1  16.4%  13.4%  10.0% South Korea 1  12.0%  5.0%  3.2% Middle East 1  27.0%  13.3%  29.5% 1 South Korea and Middle East sales are not consolidated into Group sales. On March 31, 2008, the Group held 48.8% in Giordano South Korea and 20.0% in Giordano Middle East. Retail & Distribution Division Operations Highlights

22 May 2008Giordano 2008 First Quarter Results13 Comparable Store Sales 1 YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Mainland China  19.0%  22.1%  15.2% Hong Kong  6.6%  8.9%  8.1% Taiwan  5.8%  0.4%  4.2% Singapore  8.0%  10.2%  10.9% Retail & Distribution Total 2  5.3%  5.8%  2.4% South Korea 2  4.7%  11.0%  8.6% Middle East 2  21.0%  1.4%  10.9% 1 Inclusive of outlets operating for the full 3, 6 and 9 months in the periods under consideration 2 South Korea and Middle East sales are not consolidated into Group sales. On March 31, 2008, the Group held 48.8% in Giordano South Korea and 20.0% in Giordano Middle East. Retail & Distribution Division Operations Highlights

22 May 2008Giordano 2008 First Quarter Results14 YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Turnover  40.8%  29.4%  23.8% Comp Store Sales  19.0%  22.1%  15.2% Change in Number of Outlets  7 7 7 7  12  91 MAINLAND CHINA Total 827 outlets as of end Mar-08. About 40 additional stores planned for 2Q08, including a number of flagship stores Apr-08 sales up 22.3% YOY.

22 May 2008Giordano 2008 First Quarter Results15 Total 88 outlets as of end Mar-08. YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Turnover  4.4%  4.0%  2.2% Comp Store Sales  6.6%  8.9%  8.1% Change in Number of Outlets  4 4 4 4  2  6 HONG KONG

22 May 2008Giordano 2008 First Quarter Results16 Total 200 outlets as of end Mar-08. YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Turnover  11.2%  1.6%  0.6% Comp Store Sales  5.8%  0.4%  4.2% Change in Number of Outlets  10  3  29 TAIWAN

22 May 2008Giordano 2008 First Quarter Results17 Total 55 outlets as of end Mar-08. YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Turnover  1.1%  1.1%  3.2% Comp Store Sales  8.0%  10.2%  10.9% Change in Number of Outlets  2 2 2 2  1  SINGAPORE

22 May 2008Giordano 2008 First Quarter Results18 Total 175 outlets as of end Mar-08. YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Turnover  12.0%  5.0%  3.2% Comp Store Sales  4.7%  11.0%  8.6% Change in Number of Outlets  2 2 2 2  14  25 SOUTH KOREA

22 May 2008Giordano 2008 First Quarter Results19 Total 150 outlets as of end Mar-08. YOY Change 3 months ended Mar 31, months ended Mar 31, months ended Dec 31, 2007 Turnover  27.0%  13.3%  29.5% Comp Store Sales  21.0%  1.4%  10.9% Change in Number of Outlets  3 3 3 3  6  16 MIDDLE EAST

22 May 2008Giordano 2008 First Quarter Results20 No. of outlets As at Mar 31, 2008 As at Dec 31, 2007 Change Giordano & Junior Giordano Ladies Giordano Concepts BSXOthersTotal Mainland China  7 Hong Kong  4 Taiwan  10 Singapore  2 Australia  3 Malaysia  Indonesia  2 Thailand  2 South Korea  2 Middle East & India  3 Philippines  Japan  1 Others  Total1, ,8951,895  GLOBAL RETAIL NETWORK