[Hong Kong, 17 January 2003] Hongkong International Terminals (HIT) received an award from the IT publication, Intelligent Enterprise Asia, for the development of its computer simulation model for yard management system, Yard Model 3.

The award highlights HIT's use of computer modelling to test processes and workflows in the container yard. With limited terminal operating area, HIT continues to succeed in developing globally recognised systems and processes.

Commenting on the award, HIT Managing Director Eric Ip said, "We are very pleased to have received this award. Our project team works hard, continuously striving to enhance and optimise the service level at HIT."

Organised by Intelligent Enterprise Asia, the annual Intelligent 20 Awards showcase outstanding IT implementations with high business value.

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.