For Immediate Release

January 9, 2002

In a recent survey conducted by asiamoney magazine, Sun Hung Kai Properties' (SHKP) Internet site (www.shkp.com.hk) was named Hong Kong's best company web site.

The prestigious international publication invited fund managers and investors in the region, Europe and USA to assess Asia-Pacific companies. SHKP's web site placed highest in the rankings, earning the honour of being named 'Hong Kong's best corporate web site'.

SHKP is very pleased with the recognition. Raymond Kwok, SHKP's Vice Chairman and Managing Director, said, "Two-way communication with our customers, shareholders, analysts and the public has always been our focus. Through our web site, we can effectively disseminate the latest news about SHKP to the public, and maintain a high level of transparency. Also, we can listen to a wide range of opinions, to better understand customers' needs and upgrade our products and services. SHKP will continue to follow its corporate culture, to keep pace with the rising expectations for customer satisfaction and quality."

SHKP is noted for upgrading the content and functionality of its site frequently. 'News Subscription' is one of the latest features to be added, which sends an alert to subscribers whenever SHKP makes news announcements. Other new additions include the 'Photo Library', offering online photos, and 'Media Contact', providing a channel for communication. These two features make SHKP's site very convenient for the news media.

SHKP has also improved the financial information available in its web site. The 'real-time stock quote' icon allows users to check SHKP's up-to-the-minute share price, and the 'Investors' section in the web site now has 'Archives' where users can quickly download SHKP's latest annual and interim reports or check past reports. The 'Investor Relations Contact' feature enables investors to get their questions answered. All these functions demonstrate SHKP's commitment to enhancing communication and transparency.

SHKP web site named Best in Hong Kong by asiamoney.

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