New World Development

	Hotel Investment
	The Group has invested in 19 hotels in Hong Kong, Mainland China and Southeast Asia.

Name of Hotel / Location		Number of Rooms	Group's Effective Interest %
HONG KONG
1.	Renaissance Kowloon Hotel	545	64.0
2.	Renaissance Harbour View Hotel	862	64.0
3.	Grand Hyatt Hong Kong	549	64.0
4.	Hyatt Regency Hong Kong, Sha Tin	567	100.0
5.	Hyatt Regency Hong Kong, Tsim Sha Tsui	381	78.8
6.	Novotel Citygate Hotel	440	16.4
		3,344
MAINLAND CHINA
7.	Courtyard by Marriott Beijng	299	39.2
8.	New World Hotel Beijing	435	52.5
9.	New World Mayfair Hotel Shanghai	605	69.9
10.	pentahotel Shanghai	260	69.9
11.	New World Hotel Shenyang	259	70.0
12.	New World Hotel Shunde	370	22.8
13.	Courtyard by Marriott Wuxi	276	25.6
14.	New World Hotel Wuhan	327	42.0
15.	New World Hotel Dalian	429	70.1
		3,260
SOUTHEAST ASIA
16.	New World Hotel Makati City, Manila	598	26.9
17.	New World Hotel Saigon, Vietnam	538	21.6
18.	Renaissance Riverside Hotel Saigon, Vietnam	336	46.1
19.	Renaissance Kuala Lumpur Hotel, Malaysia	910	37.5
		2,382
	Grand Total	8,986