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Swire Pacific Limited

FOR IMMEDIATE RELEASE 13 August 2009

Swire Pacific Limited US$500 million 5.5% Eurobond Issue

13th August 2009 - Swire Pacific Limited is pleased to announce that its wholly-owned subsidiary Swire Pacific MTN Financing Limited has priced its US$500 million 5.5% Eurobond issue due on 19th August 2019 (the "Notes"). The Notes are unconditionally and irrevocably guaranteed by Swire Pacific Limited and are expected to be rated A3 by Moody's and A- by S&P and will be listed on the Hong Kong Stock Exchange. The transaction attracted an order book of over 6.5 times.

The re-offer price has been set at 99.529% to yield 5.562% which translates into 190 basis points over the 3.125% US Treasury notes due on 15th May 2019. Interest on the Notes is payable semi-annually. Swire Pacific Limited intends to use the proceeds from the Notes for general corporate funding. HSBC and J.P. Morgan acted as Joint Bookrunners for the transaction.

Swire Pacific Limited is one of Hong Kong's leading listed companies, with diversified interests in five operating divisions: Property, Aviation, Beverages, Marine Services and Trading & Industrial. The operations are predominantly based in the Greater China region, with a track record of over 140 years.


NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO US PERSONS.
This press release is not an offer for sale of securities. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Swire Pacific Limited does not intend to register any portion of the offering in the United States or to conduct a public offering of securities in the United States.


Source: Swire Pacific Limited
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