NWS Holdings fully supports geoconservation

NWS Holdings fully supports geoconservation

(1 December 2008, Hong Kong) NWS Holdings Limited (“NWS Holdings” or the “Group”; Hong Kong stock code: 659) recognizes the significance of work life balance and always organizes various activities for its staff and their families. In response to the “NWS Hong Kong Geo Wonders Hike” (新創建香港地貌行), the Group organized a hiking for its staff and their families at Sai Kung yesterday (30 November 2008) together with the Association for Geoconservation, Hong Kong (AGHK) to have a better understanding of the valuable geological resources.

Around 30 corporate office staff and their families led by Dr Young Ng, President of the AGHK, went hiking at the east main cofferdam of the High Island Reservoir in Sai Kung where they enjoyed a closer look at the world’s largest cluster of hexagonal rock pillars formed over 140 million years ago and understood the progress of applying the area to be a national geological park. The staff even climbed into a sea cave to discover the stunning scene created by natural erosion. Through joining the hiking tour, the participants not only understand the natural wonders, but also realize the importance of geoconservation especially when they saw how the “rock graffiti” contaminated the geo wonders.

The territory-wide event, ”NWS Hong Kong Geo Wonders Hike — Sai Kung”, jointly organized by NWS Holdings, the AGHK, Friends of the Country Park and the Agriculture, Fisheries and Conservation Department, is going to kick off on 7 December 2008. Local citizens are much interested in discovering the spectacular geological scenes. The 3,000 quota was filled up within two days after the announcement of the event. To fully support the ”NWS Hong Kong Geo Wonders Hike”, the Group will sponsor a luxury yacht trip to let the winners of “8 Geo Wonders of Hong Kong Photo Competition” and “8 Geo Wonders of Hong Kong Voting” join the “NWS Hong Kong Geo Wonders Hike — Explore Cruise” to discover the natural geological scenery along the coast line of Hong Kong.

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This press release is also available on the Group’s website ( www.nws.com.hk).

NWS Holdings Limited

NWS Holdings Limited (“NWS Holdings”, Hong Kong stock code: 659), the infrastructure and service flagship of New World Development Company Limited (Hong Kong stock code: 17), embraces a diversified range of businesses in Hong Kong, Mainland China and Macau. Its Infrastructure portfolio includes Roads, Energy, Water and Ports projects. Its Service & Rental division comprises Facilities Rental (the management of Hong Kong Convention and Exhibition Centre and ATL Logistics Centre), Contracting (Hip Hing Construction and NWS Engineering), Financial Services (Taifook Securities and New World Insurance) and Other Services (New World First Bus, Citybus and New World First Ferry)

For further information, please contact:

NWS Holdings Limited
Ms Maria Cheung
Senior Manager – Corporate Communication
Tel: (852) 2131 6251
Pager: (852) 7302 3499
E-mail: mariacheung@nws.com.hk