Cathay Pacific Airways Limited

FOR IMMEDIATE RELEASE

19th June 2006

Cathay Pacific Airways is to add Stockholm and Toronto to its freighter network, strengthening Hong Kong's position as a global logistics hub. This will bring to 30 the number of online freighter destinations served by the airline.

The new flights, along with continued fleet expansion and recently announced plans to build and operate a third air cargo terminal at Hong Kong International Airport, underline Cathay Pacific's aggressive expansion of cargo services to and through Hong Kong.

Stockholm will commence 17 September 2006 and operate twice a week as an extension of Cathay Pacific's existing flight to Munich. Toronto, commencing 20 September 2006, will be a three-times-weekly extension of the airline's freighter service to New York.

Cathay Pacific last month launched a new service to Chennai, India, and plans to soon increase the frequency of services to Dallas and Atlanta.

Cathay Pacific Director & General Manager Cargo Ron Mathison said: "The addition of Stockholm and Toronto continues our sustained network expansion which started with Munich in 2004, then Shanghai, Dallas and Atlanta in 2005, and last month Chennai. Our continued growth is critical to the future success of Hong Kong, whose air cargo hub status is increasingly being threatened by lower-cost competition from neighbouring airports."

Flight number	From	Destination	Departure / Arrival (Local Time)	Days of operation
CX063	Hong Kong	Stockholm (via Dubai, Munich)	23.20/13.00 +1	Wed
CX063	Hong Kong	Stockholm (via Dubai, Munich)	10.15 / 23.55	Sun
CX064	Stockholm	Hong Kong (via Dubai)	15.00 / 11.50 +2	Thu
CX064	Stockholm	Hong Kong (via Dubai)	01.55 / 22.45 +1	Mon

Flight number	From	Destination	Departure / Arrival (Local Time)	Days of operation
CX082	Hong Kong	Toronto	16.35 / 21.35	Wed
CX082	Hong Kong	Toronto	15.55 / 21.00	Thu
CX082	Hong Kong	Toronto	16.45 / 21.45	Sat
CX083	Toronto	Hong Kong (via New York)	23.35 / 10.55 +2	Wed
CX083	Toronto	Hong Kong (via New York)	23.00 / 10.15 +2	Thu
CX083	Toronto	Hong Kong (via New York)	23.45 / 11.30 +2	Sat

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