MCDONALD'S RESTAURANTS (HONG KONG) LTD v. DIRECTOR OF LANDS

LDMT 2 OF 2004

 IN THE LANDS TRIBUNAL OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

MTR Ordinance Application No. 2 of 2004

_______________

_______________

_____________________

C O R R I G E N D U M

______________________

The adopted percentage of variable expenses to turnover, as a simple average of percentages calculated for years from 1995 to 1998 should be 19.61%, instead of 18.78%, as show in the calculations at TABLE 2 of the Judgment.  The revised TABLE 2 is appended below: -

Revised TABLE 2 ^(a)

Notes:

(a)      This TABLE 2 follows the format of the hearing document Bundle C-40.

(b)      The adopted percentage of variable expenses to turnover is a simple average of percentages calculated for years from 1995 to 1998.

As a result of this correction, we work out the compensation at $6,799,057 which is rounded to $6.8 million.  This is to replace the sum of $6.9 million as stated in paragraph 21 of the Judgment.

Dated this the 25^th day of January 2007