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HPH Trust acquires 100% stake in ACT

Expanded facilities offer more flexible services to shipping line
consortia and help HK Port stay ahead of the game

[Singapore, 7 March 2013] Today Hutchison Port Holdings Trust ("HPH Trust") acquired the entire issued and paid-up share capital of Asia Container Terminals Holdings Limited ("ACT Holdings") from DP World ACT Holdings Limited, DP World 8 Limited and PSA China Pte Limited, for a total cash consideration of HKD3.917 billion (equivalent to approximately S$630 million).

ACT Holdings owns and operates Asia Container Terminals Limited ("ACT") also known as Container Terminal 8 West, located at Kwai Chung, Hong Kong, which is adjacent to the Trust's existing container terminals.

Commenting on the transaction, HPH Trust Chief Executive Officer Mr. Gerry Yim said, "The acquisition represents an excellent opportunity for HPH Trust to carry out the investment mandate to invest in, operate and manage deep-water container ports in the Pearl River Delta and its strategy to selectively pursue acquisition opportunities to provide unitholders with stable and regular distributions as well as long-term distribution per unit ("DPU") growth.

ACT is a strategic addition to HPH Trust's portfolio assets as it will not only increase the handling capacity of the Trust's terminals in Hong Kong but also enhance the overall operational flexibility and efficiency of the Trust's existing Kwai Tsing Port facilities. This will strengthen the competitiveness of Hong Kong Port as an international container shipping hub to compete with ports in the region for international transshipment business," he continued.

HPH Trust is the world's first publicly traded container port business trust.


About HPH Trust
Hutchison Port Holdings Trust (HPH Trust) is a container port business trust listed in Singapore.

HPH Trust's portfolio consists of interests in deep-water container port assets located in Hong Kong and Shenzhen, PRC, two of the world's busiest container port cities, as well as certain port ancillary services of river ports complementary to the deep-water container ports operated by HPH Trust.

HPH Trust's principal investment mandate is to invest in, develop, operate and manage deep-water container ports in the Guangdong Province, Hong Kong and Macau, one of the world's largest trading hubs.

HPH Trust is managed by Hutchison Port Holdings Management Pte. Limited with the key objective of providing unitholders with stable and regular distribution as well as long-term distribution per unit growth.

For further information, please contact:
Mr. Anthony Tam
Hutchison Port Holdings
Tel: (852) 2619 7557
Fax: (852) 2612 0083