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Swire Pacific Limited
(Incorporated in Hong Kong with limited liability)

For immediate release 3rd May, 2012

Swire Properties Announces ARGENTA Pricing

(3 May 2012, Hong Kong) Swire Properties today announced the sales launch of ARGENTA, the company's latest residential development in the Mid-Levels district.

Distinguished by its striking architectural design, ARGENTA comprises 28 luxury apartments of 2,728 sq ft, each occupying an entire floor, and two exclusive units consisting of a penthouse duplex of 4,450 sq ft and a deluxe apartment of 2,640 sq ft, both with their own spacious terraces. Featuring a curving 140 ft glass facade, the high-rise development offers stunning 270° views of Victoria Harbour and the city skyline.

Located at 63 Seymour Road in the Mid-Levels district, ARGENTA is in close proximity to both Central and Soho, providing residents with a variety of cultural, dining and entertainment options.

"ARGENTA exemplifies Swire Properties' reputation for creating quality residences in prime locations," said Adrian To, General Manager, Residential at Swire Properties. "With only thirty apartments available, we have set a price which reflects the unique characteristics of ARGENTA, including its spacious single-floor apartments, its stunning views and its convenient location in an upscale residential district."

All 30 units are now available for sale, with apartments ranging from HK$57.3 million (HK$21,000 per sq ft) to HK$95.5 million (HK$35,000 per sq ft). ARGENTA is scheduled for completion by the second half of 2013.
For sales enquiries, please contact:

Swire Properties Real Estate Agency Limited
Tel: (852) 2922 4888
Email: sales@swireproperties.com

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About Swire Properties

Swire Properties develops and manages commercial, retail, hotel and residential properties, with a particular focus on mixed-use development in prime locations at major mass transportation intersections. Listed on the Main Board of the Stock Exchange of Hong Kong, the Company's investment portfolio in Hong Kong totals over 17 million sq ft (over 1.58 million sqm)* of gross floor area, with Island East and Pacific Place as its core holdings. In addition to Hong Kong, the Company has significant investments in Mainland China, the United States and the United Kingdom.

In Mainland China, Swire Properties has a portfolio amounting to approximately 13.6 million sq ft (over 1.26 million sqm)*, comprising five mixed-use developments in Beijing, Guangzhou, Chengdu and Shanghai. Of these, Sanlitun Village and INDIGO in Beijing and TaiKoo Hui in Guangzhou have opened.

Since 1980, the Company has been developing investment and trading properties on the island of Brickell Key in downtown Miami, Florida where it has created an acclaimed residential and commercial portfolio that includes three office buildings, nine condominium towers offering a total of 2,100 residential units, and the Mandarin Oriental, Miami.

Through Swire Hotels, the Company also creates and manages intriguing urban hotels in Hong Kong, Mainland China and the United Kingdom, aimed at providing an exceptional experience for travellers who seek individuality, style and personalised service.

Visit Swire Properties' website at www.swireproperties.com.

* Gross floor area in respect of 100% of the properties excluding car park areas and not on an attributable basis.

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Semi-outdoor Heated Pool

Master Bedroom

Reading Lounge

Living Room

Dining Room

Master Bathroom

Entrance Lobby

Kitchen

Seymour Road Entrance

Source: Swire Pacific Limited
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