Emperor International Holdings Limited has acquired a piece of land in a key district in Beijing for building a high-end shopping and office complex in 2006. The total investment amounts to HK$1.5 billion. The 8,200 square meter site has a prime frontage onto Chang'an Avenue and is on the south of Jianguomenwai Street, a famous tourist, shopping and office area between the second and third rings of Beijing.

The building, with a total area of over 90,000 square meters, is designed by renowned Rocco Design and expected to become a landmark in Chaoyang District and a key asset in our property portfolio. It will also serve as Emperor Group's headquarters in Beijing when it is completed. The project is scheduled to be completed by 2010.

Chang'an Avenue Project: Jianguomenwai St., Yonganxili, Section D, Chaoyang District, Beijing

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