Two new Tricat Catamarans MK2009 and MK2010 joining TurboJET Hongkong Macau Route

Press Release (Hong Kong- September 2, 2005) Shun Tak-China Travel Ship Management Ltd. held a celebration cocktail this afternoon at the New Macau Maritime Ferry Terminal to announce the acquisition of two new TriCat Catamarans MK2009 and MK2010. The ceremony was officiated by Mr. Ao Man Long, Secretary for Transport and Public Works of Macau SAR and Ms. Pansy Ho, Director and CEO of Shun Tak- China Travel Ship Management Limited. At the occasion, TurboJET reiterated its dedication towards the promotion of Macau tourism through establishing the city as a premier destination and transit node within the Pearl River Delta. Committed to Building the Future of Macau The strongest fleet of high-speed passenger vessels in Asia, TurboJET, has sustained continuous growth in passenger volume over the past years. In particular, TurboJET Sea Express plying the airport routes has experienced considerable growth since its launch. In response to such demands and an anticipated surge in passenger volume with the launching of various upcoming large-scale tourist attractions, TurboJET is enhancing its exceptional services through the acquisition of two new Tricat Catamarans- the MK2009 and MK2010, to offer more frequent and enjoyable services to customers. At the celebration cocktail, Director and CEO of Shun Tak- China Travel Ship Management Limited, Ms. Pansy Ho indicated, “As the leading high-speed passenger fleet in Asia, TurboJET is determined to extend a multi-modal air-sea transit system within the PRD in order to complement Macau’s vibrant development and the resultant surge in passenger volume. The acquisition of two new TriCat Catamarans marks another important step to realize this vision we had as early as year 2002.” Ms. Ho further continued, “As Macau is an important gateway to the PRD, TurboJET will continue to utilize its profound experience in the passenger shipping industry, and take on a leadership role in promoting the city’s tourism, as well as reinforcing its strategic advantage as the region’s transit node.” Two New Deluxe Catamarans- MK2009 and MK2010 TurboJET’s newest members, two deluxe TriCat Catamarans, arrived in Hong Kong on August 15, 2005. Each of the watercraft measures 45 metres in length and weighs 185 tons, and are expected to commence service in September and later in the year respectively. The two luxurious catamarans are named MV 2009 and MV 2010. Fitted with powerful 60M twin turbines, the TriCats deliver a service speed of 45 knots per hour and are both equipped with the signature night sailing system uniquely developed by TurboJET. Each vessel has a seating capacity of 333 passengers, offering Economy and Super Class services plus an optional VIP cabin. In addition to servicing our flagship Hong Kong-Macau route, the two vessels will also service sailings between Hong Kong, Shenzhen and airport routes. Significantly increasing capacity in the existing 8 TriCat vessels In order to enhance service volume, an upgrading program for the current fleet of 8 TriCat catamarans is underway since July 2005. Vessel interiors will be reconfigured to increase seating capacity by 10% (from the current 303 seats to 333 seats). Completion of refurbishment is scheduled for year 2006, upon which time, each of the 10 TriCats will offer 282 Economy Class seating and 51 Super Class seating (including 6 seats in VIP cabin). The upgrading program is estimated to cost HK$16.56M. Macau routes experiencing multi-fold growth With the series of spectacular events lined up for the rest of the year including the International Firework Display Contest, East Asian Games, Grand Prix etc., it is expected that millions of tourists will be swarming to Macau via sea routes. Moreover, the launching of world acclaimed attractions, including Hong Kong Disney, Macau Tower Sky Jump and UNESCO World Heritage “Historic Centre of Macau”, are expected to draw a significant volume of overseas tourists to the two cities. In light of such, TurboJET is upgrading its fleet to maintain its service pledge of providing the ultimate in speed, comfort and smoothness. Keeping up with PRD's significant boom in tourism, Shun Tak-China Travel strives to expand its service coverage from its flagship Hong Kong-Macau route to new sailings interconnecting major cities within the PRD. The launching of its Macau-Shenzhen route in year 2002 and the establishment of TurboJET Sea Express in September 2003 which provides ferry services connecting the Hong Kong International Airport, Macau International Airport and Shenzhen BaoAn Airport are good indicators of its foresight and dedication, aiming to provide travelers with an innovative and convenient sea travel alternative. For enquiries, please contact your local TurboJET office: Macau (853) 7907039, Shenzhen (86 755) 2777 6241 or Hong Kong (852) 2859 3333.