We are pleased to offer you the following complimentary compensation studies

2007 HCE Salary Report of Four and Five Star Hotels' Management Moscow and St. Petersburg© 2008 HCE Russia 4-Star Hotels Salary Report© 2008 HCE Russia 5-Star Hotels Salary Report©

2008 HCE Restaurant Corporate Report© 2007 HCE Hotel CEO/CFO Compensation Report© 2007 HCE Restaurant CEO/CFO Compensation Report© 2007 Retail Specialty Apparel CEO/CFO Compensation Report© 2007 Retail Big Box/Department Store CEO/CFO Compensation Report© 2006 Lodging Corporate Report© 2006 Lodging Property Report© 2006 HCE Chain Restaurant Compensation Report© 2006 HCE Specialty Apparel Compensation Report© 2005 Hospitality Board Director Compensation Report© 2005 Chain Restaurant Corporate Annual Report© 2004 Restaurant Corporate Annual Report© 2004 Hotel Corporate Annual Report© 2004 Hotel Property Annual Report© 2003 Retail Compensation & Benefits Report© 2003 Gaming Property Annual Report© 2003 Gaming Corporate Annual Report© 2002 Restaurant Corporate Annual Report© 2002 Hotel Property Annual Report© 2002 Hotel Corporate Annual Report© 2001 Gaming Property Annual Report© 2001 Gaming Corporate Annual Report© 2000 Restaurant Corporate Annual Report© 2000 Lodging Property Annual Report© 2000 Lodging Corporate Annual Report© 1999 Gaming Property Annual Report© 1999 Gaming Corporate Annual Report© 1998 Lodging Property Annual Report© 1998 Lodging Corporate Annual Report© 1997 Gaming Property Annual Report© 1997 Gaming Corporate Annual Report© 1996 Lodging Corporate Annual Report© 1995 Lodging Property Annual Report©