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Cathay Pacific Airways Limited


FOR IMMEDIATE RELEASE 5 November 2010

Cathay Pacific and Dragonair Source New Carbon Offsets,
Bringing Environmental, Social Benefits to Pearl River Delta

Cathay Pacific Airways and sister airline Dragonair today announced the purchase of 30,000 tonnes of carbon-emission reductions from carbon offset service provider Climate Action (www.climateactio2n.com) for the airlines' FLY greener offset programme.

Both airlines regularly add to their inventory of carbon offsets as the previous year's supply is retired and this is the third time new offsets have been purchased since the programme was launched in 2007. Cathay Pacific and Dragonair were the first Asian airlines to introduce a carbon offset programme, offering the offsets on a no-profit basis to passengers wishing to offset their carbon emissions.

The new project portfolio consists of a set of 95 small "run-of-river" hydropower stations in Chongqing, Guizhou, Sichuan, and Yunnan provinces that link the electricity generated into the Pearl River Delta region; a group of 23 wind turbines in Shandong; and a "run-of-river" hydropower project in the Pearl River Delta region of Guangdong - the first time the airlines have collaborated on a project in Hong Kong's neighbouring province.

All three projects have been verified in accordance with the Voluntary Carbon Standard, an internationally accepted carbon standard, and were rigorously vetted to ensure they produce real, quantifiable and permanent reductions in carbon emissions. Apart from their carbon reductions, the projects were chosen for added social and environmental benefits such as reducing local air pollution, enhancing the productivity of local farms, and providing power and jobs to local communities. More information on the projects is available at www.cathaypacific.com/flygreener or www.dragonair.com/flygreener.

Cathay Pacific Head of Environmental Affairs Mark Watson said: "One of our key missions is to support Hong Kong and we are pleased that the Guangdong project is bringing sustainability benefits to the town of Lankou. Our latest purchase of carbon offsets underscores our ongoing commitment to offset emissions from our flights and to provide an opportunity for our passengers to play their part in reducing their carbon footprint."

FLY greener is a voluntary scheme that provides passengers the opportunity to offset the carbon emissions attributable to their journey. Achievements to date include:

The run-of-river Lankou hydropower project provides carbon offsets for Cathay Pacific's FLY greener programme.
The project gives farmer Xie Jian Heng better access to water for irrigation.

High-resolution photos are available from the Media Centre in the About Us section of both the Cathay Pacific and Dragonair websites

Source: Cathay Pacific Airways Limited
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