Palm Island Resort is jointly developed by New World China Land Limited (Stock Code: 0917) and Golden Resources Development International Ltd (Stock Code No. 677).

Listed in the Hong Kong Stock Exchange in July 1999 (Stock Code: 0917), New World China Land Limited is one of the largest and most comprehensive national developers with a total asset base of about HK25 billion dollars. It is the flagship Mainland China property arm of the New World Group and it has been active in the Mainland China property market since the early 1980s. Our real estate portfolio comprises of 36 development projects spanning over 17 high-growth cities.

As a pioneer in providing quality living and working environments, New World China Land Limited draws on its strong international experience and outlook to bring innovative properties and related services to the motherland, in a spirit that promote greater social responsibility and community advancement. Our untiring efforts to explore new concepts in home-building and to bring them into reality, have helped create a society in which people have better homes and lead better lives.

Our Main Business

	To develop property project for sale, develop long term investment property for lease, develop and manage resort and hotel projects
	Project range encompass residential estates, serviced apartment, villa, office, shopping center, resort, hotel and mixed use complex.
	To redevelop the old city center of Beijing and Tianjin; to build commercial landmark in Beijing, Shanghai, Wuhan, Tianjin, Nanjin and Dalian; to develop large scale community in Shenyang, Wuhan, Hefei, Jinan and Guangzhou, to bring resort living into Shenzhen, Huiyang, Haikou and the Pearl River Delta
	Our professional management team in Hong Kong and PRC bring their international expertise and experience into all aspects of real estate development and investment activities include feasibility studies, land acquisition, project planning, financing, project management, interior design, marketing and property management etc.

For more information about the Group, please contact:
Corporate Communication Department
New World China Land Limited
9/F, New World Tower 1
18 Queen's Road Central
Hong Kong
Tel: (852) 2131 0201
Fax: (852) 2131 0216
Email: enquiry@nwcl.com.hk

With over 50 years of continuous growth, the Golden Resources Group has achieved the pre-eminent position of being the largest wholesaler and distributor within the Hong Kong rice industry. An on-going commitment to quality is reflected in the Group being the first company within the rice industry to be awarded the distinctive and distinguished "Q Mark" known as a symbol of high quality by the Hong Kong Government.

In 2003, Golden Resources passed the requirements for certification of the ISO 9001 and HACCP Qualification, symbolizing international recognition of the Group's stringent production procedures & exceptional product quality. The introduction of in-line vacuum treatment packaging has been extremely successful and provided consumers with freshly milled rice in hygienic, extended life packets.

Through each phase of the process, the prime objective of Golden Resources is to supply the consumer with rice of the highest quality and nutritional value in response to their specific taste preference. In order to achieve these goals we have retained rice specialists to examine all kinds of rice seeds of the highest quality from various countries and to formulate quality rice products according to the preferred taste, texture and cooking requirements of the consumers. All rice products are processed using the most advanced methods of production on sophisticated, modern milling and packaging systems.

The Golden Resources Group will continue to capitalize on its highly regarded logistics system and distribution network. They will strive to be the market leader in rice sales to the retail and institutional sectors, by offering products and services of uncompromising excellence and unparallel value to the diverse rice market worldwide.