THUNDERBIRD

Thunderbird Resorts specializes in operating hotels and casinos. Net sales (not including sold divisions) break down by activity as follows:

• gaming operations (85.3%): owns, at the end of 2009, 24 gaming establishments worldwide;
• hospitality (14.4%): operates, at the end of 2009, 4 hotels located in Peru (2), the Philippines and Costa Rica;
• other (0.3%).

Net sales (not including sold divisions) are distributed geographically as follows: Philippines (36.5%), Peru (31.5%), Costa Rica (15.9%), Nicaragua (10.3%), Guatemala (2.9%), Poland (2.7%) and other (0.2%).