We are pleased to announce today the publication of our second standalone sustainability report, covering the financial year of 2013 from January 1 to December 31.

Bearing the theme of "The Honest Way Forward", the Sustainability Report 2013 is a natural extension of the previous report titled "The Honest Advantage" and provides an open and thorough elaboration of the sustainability challenges faced, and achievements accomplished, by both Hang Lung Group and Hang Lung Properties during the year. The topics covered include the sustainability approach, business operations, governance, environmental management, supply chain, as well as human resources and community engagement of the whole group.

Upholding the "We Do It Right" principle that serves as a guiding force for Hang Lung, "The Honest Way Forward" accurately describes where the whole group stands with its sustainability agenda and related endeavors made to operate its business with an aim to create social value beyond short-term profit goals, bringing benefits not only to the group but also to the communities and stakeholders it serves. Insisting on making every right step to attain continuous improvement, Hang Lung is committed to implementing concrete actions through a three-year plan. This blueprint benchmarks itself against international standards so as to further enhance Hang Lung's sustainability performance and remain transparent about the challenges it faces as the group strives to realize its sustainability vision.

Taking an additional step in disclosure, the Sustainability Report 2013 is compiled in accordance with the core option of the Sustainability Reporting Guidelines G4 of the Global Reporting Initiative and the new Environmental, Social and Governance Reporting Guide set out in Appendix 27 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, thereby demonstrating well the group's determination to align its practices with the latest and best international standards.

The Sustainability Report 2013 is now available for downloading from the Hang Lung corporate website at: http://www.hanglung.com/en/sustainability/sustainability-report.aspx.

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