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03 Sep 2007
Swire Pacific Limited HKD10,000 Million Term Loan / Revolving Credit Facility

Swire Pacific Limited is pleased to announce that its wholly-owned subsidiary Swire Finance Limited has mandated Bank of China (Hong Kong) Limited, CALYON, The Hongkong and Shanghai Banking Corporation Limited, Standard Chartered Bank (Hong Kong) Limited and Sumitomo Mitsui Banking Corporation (collectively the "Mandated Coordinating Arrangers and Bookrunners") to arrange a HKD10,000 million term loan / revolving credit facility (the "Facility"). The Facility is fully underwritten by the Mandated Coordinating Arrangers and Bookrunners.

The proceeds under the Facility will be used to finance general corporate funding requirements of the Guarantor and its group companies including refinancing the existing outstanding indebtedness.

The subunderwriting stage is being launched today, and general syndication will follow thereafter.

The summary terms and conditions of the Facility are as follows:

Borrower:Swire Finance Limited
Guarantor:Swire Pacific Limited
Facility Type:Term Loan / Revolving Credit Facility
Loan Amount:HKD10,000 Million, comprising of:
Tranche A: HKD5,000 Million Term Loan
Tranche B: HKD5,000 Million Revolving Credit
Final Maturity:5 years
Interest Rate:0.25% per annum over HIBOR
Facility Agent:CALYON

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About Swire Pacific Limited:

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 company's operations are predominantly based in the Greater China region, where the Swire group has been established for over 130 years.

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