Swire Properties Wins Prestigious CIBSE Award for Leadership in Energy Efficiency

Swire Properties (SPL) has received the "Client of the Year - Low Carbon Operation Award" from The Chartered Institution of Building Services Engineers* (CIBSE), the authority which supports and represents the UK's building services profession. Swire Properties is the only enterprise from Asia to win a CIBSE award this year.

The CIBSE Low Carbon Performance Awards 2010 recognise and reward proven achievements worldwide in delivering carbon savings in the operation and management of buildings. Swire Properties received the award at the CIBSE Awards ceremony in London, where Transport for London and the UK supermarket chain Sainsbury's finished as runners-up. The judges praised the Company for committing its own funds to developing carbon savings methodologies which would benefit everybody.

"We are very proud to receive this international award from CIBSE, which reaffirms our efforts in promoting sustainable buildings. We have every hope that our work on this front will encourage low carbon management within the property industry as well as among our tenants." said Cary Chan, Swire Properties' Head of Technical Services.

The Company's knowledge-based energy management approach adopts best practice from the areas of project design and building management and is already responsible for saving approximately 70 million kWh or 49,000 tonnes CO2 from 2001 to 2008 from the Swire Properties portfolio alone, a saving equivalent to planting over 2.1 million trees.

The CIBSE award commended Swire Properties' pioneering efforts in offering its office tenants free energy audits and its energy efficiency research programmes with top universities and research institutions, including a newly-launched HK$7.5 million research fund with Tsinghua University in Beijing.

*Founded in 1976, CIBSE is a UK-based professional organisation that promotes sustainable and inspirational buildings, encourages best practices in building services engineering and, represents the profession. CIBSE is consulted by the UK government on policy matters relating to construction, engineering and sustainability.

About Swire Properties
Incorporated in 1972, Swire Properties develops and manages commercial, retail and residential properties, with a particular focus on mixed-use development in prime locations at major mass transportation intersections. The Company's investment portfolio in Hong Kong totals approximately 17.7 million sq ft (over 1.64 million sqm)* of gross floor area, with Pacific Place, Island East and Festival Walk as its core holdings. In addition to Hong Kong, the Company has a presence in Mainland China, the United States and the United Kingdom.

In Mainland China, Swire Properties has an investment portfolio amounting to over 10.6 million sq ft (over 988,000 sqm)*, the majority of which is under construction. The four projects consist of mixed-use developments in Beijing, Shanghai and Guangzhou, with Sanlitun Village and The Opposite House hotel in Beijing being the best-known among them.

In 2008, the Company formed Swire Hotels to create and manage intriguing urban hotels in Hong Kong, Mainland China and the United Kingdom, aimed at providing an exceptional experience for travellers who seek individuality, style and personalised service.

The Company is a wholly-owned subsidiary of the publicly-listed Swire Pacific Limited whose businesses are grouped under five operating divisions - property, aviation, beverages, marine services and trading & industrial.

Visit Swire Properties' website at www.swireproperties.com.

* Gross floor area in respect of 100% of the investment properties excluding car park areas and not on an attributable basis.