[27 September 2002 - Hong Kong] - HIT has won the "Best Container Terminal Operator" in this year's Lloyd's List Maritime Asia Awards.

HPH Group Managing Director John Meredith and HIT Managing Director Eric Ip attended the award gala dinner held in Singapore to receive the honour.

"In light of the increasing regional competition, we are very pleased to have received this recognition," commented Mr. Eric Ip.

Now in its 4th year, the Maritime Asia Awards give recognition to key players in the maritime and transport industry. Readers of Lloyd's List Maritime Asia and a panel of independent judges made up of industry experts chose the winners.

Notes to Editor:

Hongkong International Terminals (HIT) is the largest container terminal operator in Hong Kong. HIT's operation accounts for over 50 percent of the throughput at the Kwai Chung Container Port. The Company has consistently won industry awards for its efficiency and high service standards and is at the forefront of new technology and innovation.

HIT is a member of the Hutchison Port Holdings (HPH) Group, the world's leading port investor, developer and operator with interests in 15 countries throughout Asia, Middle East, Africa, Europe and the Americas. Today, HPH operates a total of 30 ports together with a number of transportation related service companies.