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Contact Person:Michelle Lu, General Manager - Group Corporate Affairs
Telephone No.:(852) 2619 7557
Fax:(852) 2612 0083
Date:21 July 2003

HIT breaks productivity record

[Hong Kong - 21 July 2003] - Hongkong International Terminals (HIT) is proud to announce that on 17th July the company set a new record for vessel productivity. Serving the Evergreen Marine vessel, Ever Repute, the terminal achieved a remarkable rate of 272 moves per hour. This eclipses HIT's previous record of 236 moves per hour set in April 2000.

HIT Managing Director, Eric Ip, commented on this accomplishment, "With a strong commitment to our customers, HIT is very pleased to have reached this new level of service excellence. This record could not have been possible without the dedication and hard work of HIT employees."

Providing HIT with even greater potential, the company will officially launch Container Terminal Nine on Tuesday, 22nd July 2003.


Notes to Editor:

Hongkong International Terminals (HIT) is the largest container terminal operator in Hong Kong. HIT's operation accounts for over 50 percent of the throughput at the Kwai Chung Container Port. As a leader in the application of new technologies and innovation, HIT has repeatedly won industry awards for its efficiency and high service.

HIT is a member of the Hutchison Port Holdings (HPH) Group, a wholly-owned subsidiary of the multinational conglomerate Hutchison Whampoa Limited (HWL). HPH is the world's leading port investor, developer and operator with interests in 15 countries throughout Asia, Middle East, Africa, Europe and the Americas. Today, HPH operates in a total of 32 ports together with a number of transportation related service companies.