WELCOME TO THE 2004 SUPER CHEAP AUTO GROUP LIMITED  ANNUAL REPORT. THIS IS OUR FIRST ANNUAL REPORT  AS A PUBLIC COMPANY AND  WE WOULD LIKE TO TAKE THIS  OPPORTUNITY TO THANK ALL OUR NEW  SHAREHOLDERS FOR THEIR INTEREST  AND SUPPORT IN OUR COMPANY. WE ARE VERY PROUD OF OUR COMPANY AND OF WHAT WE  HAVE ACHIEVED. WE HAVE HAD A LOT  TO CELEBRATE DURING THE YEAR AND WE HOPE THAT YOU WILL GAIN  A BETTER UNDERSTANDING OF  OUR COMPANY AND ITS CULTURE  THROUGH READING THE REPORT. WE LOOK FORWARD  TO SEEING YOU IN THE STORES. PAGE1