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

For Immediate Release

6 March 2013

6 March 2013, Hong Kong - Swire Properties today hosted an appreciation cocktail to commemorate the completion of the Old Wan Chai Revitalisation Initiatives. The event was officiated by The Hon Mrs Carrie Lam Cheng Yuet-ngor, Chief Secretary for Administration of the HK SAR Government.

Commenced in March 2009 and completed in November 2012, the project is a public-private partnership between the Hong Kong government and Swire Properties in revitalising the streetscape and historical features of the Old Wan Chai district and rebuilding a sense of identity for its neighbourhood community.

Martin Cubbon, Chief Executive of Swire Properties, expressed appreciation to relevant government departments, working groups and supportive parties. "Swire Properties is delighted to have had the chance to build on our expertise and experience through this collaboration with government departments, key stakeholders and the public," he commented. "It has been truly satisfying to oversee the rejuvenation of Old Wan Chai, one of the oldest and most interesting settlements in Hong Kong, and to bring changes which we hope will greatly benefit the local neighbourhood and also encourage the general public to visit and enjoy the area."

The cocktail was also attended by Mr Stephen Ng Kam-chun, Chairman of the Old Wan Chai Revitalisation Initiatives Special Committee, The Hon Mr Paul Chan Mo-po, Secretary for Development Bureau, The Hon Mr Barry Cheung Chun-yuen, Chairman of the Urban Renewal Authority, Wan Chai District Councillors, architects of the revitalisation initiatives and representatives from NGOs of Wan Chai District.

The revitalisation incorporated many design aspects, specifically improvements to the streetscape, street furniture, paving, lighting and greenery of the area, which includes two garden sites at Kwong Ming Street Children's Playground and Dominion Garden, and the interconnecting pedestrian network, including Sun Street, Moon Street, Star Street and St. Francis Street.

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 over 13.5 million sq ft (approximately 1.26 million sqm)*, including 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, including the new large-scale mixed-use project, Brickell CityCentre.

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.

Martin Cubbon, Chief Executive of Swire Properties, gave speech at the completion ceremony

Carrie Lam, Chief Secretary for Administration, gave speech at the completion ceremony.

Honourable guests officiated at the completion ceremony.

Honourable guests were pictured at Dominion Garden.

Carrie Lam (right), Chief Secretary for Administration and Martin Cubbon (left), Chief Executive of Swire Properties, were pictured at Kwong Ming Street Children's Playground.

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