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2008-03-31

Contents
Issue 2: Sector Outperformance 3
Top Picks – Cheat Sheet 4
Seven Top Picks List 4
Small/Mid-cap Doublers 4
Contrarian Corner 5
Industry Recommendation Mix 5
Asia Consumer Recommendation Snapshot 7
Ranking: Balancing Valuation-Momentum 8
Ranking criteria – Valuation 10
Ranking criteria – Earnings Growth Momentum 11
Ranking criteria – Returns 12
Ranking criteria – Free Cash Flow Generation 13
Ranking criteria – Performance 14
Asia Consumer Performance Snapshot 16
Macro 17
Asia Consumer in Figures 17
Raw Material Cost Trend 18
Retail Sales Monthly Trend 19
Macro Snapshot 20
Citi Proprietary Cost-of-living Basket 21
Strategy/Quant View 22
Company Description 24
Global Comparison Table 25
Appendix A-1 32
Analyst Certification 32

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