GLOBAL

2002 Nutri-Active was presented with the ``Rain-Maker'' award by EAS (Experimental andApplied Sciences, Inc), one of our major suppliers, for overall sales growth and expansionin AsiaOpened our 50th GNC retail outlet in Singapore, at Tangs MarketOpened the first GNC Smoothie Bar outside the U.S. at Tangs Market in SingaporeOpened our first GNC retail outlet in BruneiObtained the exclusive distribution rights for one of our top-selling products, INCPycnogenol for the PRCEntered into a Development Agreement and exclusive Distribution Agreement with GNC Incin relation to the PRC (excluding Hong Kong, Macau and United States military basestherein)2003 Healthcare entered into a sale and purchase agreement with Osim for the acquisition of47,840,000 Shares in our Company by Osim, making our Company an associate of Osim.Acquired all the shares in USB. Please refer to pages 62 to 64 of this Prospectus for moredetails.GROWTH OF OUR GNC RETAIL OUTLETS IN SINGAPORE OVER THE YEARS6050NUMBER OF GNC RETAIL OUTLETS4030201001995 1996 1997 1998 1999 2000 2001 2002 2003YEARWHO WE ARE NOWAs at the Latest Practicable Date, with 56 GNC retail outlets throughout Singapore, we are the largestspecialty retailer of nutraceutical products in the country. In addition, we have, through our Group'sassociated companies, opened 13 and 1 GNC retail outlet(s) in Malaysia and Brunei respectively asat the Latest Practicable Date, and through USB, operate 12 GNC retail outlets in certain US militaryand naval bases in Japan and Korea.In addition, we have a wholesale distribution network for our various nutraceutical products that spansHong Kong, India, Indonesia, US military and naval bases in Japan and Korea, the Philippines, thePRC, Singapore, Taiwan and Thailand. We distribute GNC products to our Group's associatedcompanies, local hospitals/clinics and other wholesale customers in Malaysia and Brunei. Third partyinternational brand products are distributed to wholesale customers in countries where we haveexclusive distribution rights or where there is no exclusive distributor. L.A.C. products, being ourown proprietary brand of products are distributed to all regional countries where there is a demand.Moving forward, we plan to expand our overseas operations by opening additional GNC retail outletsin Malaysia, Brunei, US military and/or naval bases in Japan and Korea, and establishing a presence inthe PRC. We also intend to secure GNC franchises for other countries in the Asia-Paci®c region (aselaborated on pages 20 and 21 of this Prospectus). As for our distribution network, we will be lookingto further strengthen our foothold in the countries where we currently have a presence.69