- Signed agreement to sell European water operations to Nestle Waters.

- Superdrug opened its first new identity store in the Bullring Centre Development in the UK.

- Watsons Water celebrated centennial anniversary with the launch of the "Year of Hong Kong Creativity" centennial bottles by 12 famous local artists.

- Watsons Your Personal Store opened its Asia's first 3rd generation store at Pacific Place, Hong Kong.

- Fortress rolled out a brand-wide transformation to New Fortress in Hong Kong.

- Nuance-Watson opened six new boutiques and three new megastores, The Atrium and two Temptation Duty Free shops at the Hong Kong International Airport.

¡@

- Fortress brand was re-launched in Taiwan with the New Fortress concept.

- PARKnSHOP China opens its first 2nd Generation Megastore at Ju Fu Luxury Garden (Dongguan) in China.

- Watsons extends the 3rd generation store concept to Taiwan.

- Acquired Drogas health & beauty retail chain in the Eastern Europe.

- Watsons announced a proposed acquisition of Apex Pharmacy Sdn Bhd from Apex Healthcare Bhd.

- Purchased a 40 per cent stake in Rossmann Germany adding 786 stores to the Gourp's retail portfolio.

- Fortress launched the HK$10 million "Inspiring Smart Living" brand campaign.

- A.S. Watson closed a Euro 1,280,000,000 syndicated term loan facility guaranteed by Hutchison Whampoa.

- Watsons opened its 50th pharmacy counter in Hong Kong.

- Watsons and leading Korean retail company LG Mart., Co. announced a joint venture to launch Watsons in Korea in early 2005.

- TASTE food galleria, the latest generation of lifestyle food stores, was launched in November.

- Watsons Wine Cellar introduced a news store concept in Hong Kong.

- Benelux School of A.S. Watson launched.

¡@

- Announced a cash offer on Marionnaud SA shares amounting to £á534 million.

- Watsons celebrated its 100th store in Mainland China and 300th store in Taiwan.

- Entered Turkey through acquisition of Cosmo Shop.

- 1st "Watsons" health & beauty store opened in Korea.

- The successful acquisition of Marionnaud in March 2005 has made A.S. Watson the largest health & beauty as well as luxury perfumeries & cosmetics retailer in the world with more than 6,200 stores.

- New Boutique-style Food Hall GOURMET, was launched in June.

- Acquired Dutch Portegies Drugstore in June.

-Completed the acquisition of UK specialist perfume retailer Merchant Retail Group including The Perfume Shop in August 2005.

- Acquired Spektr in Russia in October.

- Watsons Your Personal Store opened its first store in Estonia.

- Superdrug Retail Academy launched.

- Opened the first Watsons Your Personal Store in Indonesia and Slovenia.

- Watsons celebrated its 200th store in Mainland China in June.

- Acquired DC, the largest health & beauty retail chain in Ukraine in July.

- Marionnaud expanded into Asia by opening its first Marionnaud store in Philippines in September.

- Watsons Your Personal Store launched Watsons Academy in Asia to further strengthen store staff training.

- PARKnSHOP Hong Kong launched the MoneyBack loyalty card programme, the first supermarket loyalty card introduced in Hong Kong.

- A.S. Watson retail brands around the world unveiled new store concepts to improve customer shopping experience, including Watsons Your Personal Store in Asia, Marionnaud in France and Switzerland, Kruidvat and Trekpleister in the Benelux, Superdrug Health Store in the UK.

- Watsons Water launched an innovative all-in-one machine for serving coffee, milk tea and hot chocolate on top of cold and hot water for enjoyment at offices.

- Kruidvat donated 2 million Euros to sponsor Groningen Expert Centre for Children with Obesity (GEC-KO) to support research in child obesity in an effort to raise public awareness in health.

- Marionnaud Academy launched.

- In April, Marionnaud expanded further into Asia by opening the first Marionnaud Paris in Hong Kong.

- A.S. Watson Group celebrated 180 th anniversary with over 8,200 stores worldwide.

- Watsons Your Personal Store in Taiwan launched its membership card to improve customer bonding.

- Watson's Wine Cellar celebrates its 10 th Anniversary serving wine-lovers in Hong Kong.

- Marionnaud launched its first own brand skin care "Bio par Marionnaud".

- Launched ICI PARIS XL Academy to strengthen skills and knowledge of beauty advisors.

- Eighteen staff members from A.S. Watson Group participated in the 2008 Beijing Olympic Torch Relay.

- Watsons Your Personal Store in Mainland China, Singapore and Thailand, launched its membership card.

- Watsons membership card reached 5 million members in Mainland China.

- Rossmann chain reached its 2,000 th store milestone in Germany, Poland, Czech Republic and Hungary.

- Watsons Your Personal Store opened its 500 th store in China.

- COOL bottled water revamped its brand identity to refresh its image.