For Immediate Release

February 9, 2002

Sun Hung Kai Properties (SHKP) previously made an exclusive discount offer on Oscar By The Sea to TVB staff and members of the SHKP Club. And since it attracted such a tremendous response, the special deal has now been extended to the general public so that everyone can have the chance to enjoy luxury living.

From now until February 26, buyers of Oscar By The Sea can get a discount and incentive worth up to 20% of the unit price, plus HK$18,000 in Lai See.

Eric Chow, General Manager of the Sun Hung Kai Real Estate Agency, said, "When we first introduced the limited offer it produced a remarkable response, with almost 200 units selling within about ten days. And now, to celebrate Chinese New Year, we decided to let members of the general public take advantage of these special terms. We are also confident that the market will continue to be active over the New Year holidays."

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