New World Development

	Hotel Investment
	The Group has invested in 16 hotels in Hong Kong, Mainland China and Southeast Asia.

Name of Hotel / Location		Number of Rooms	Group's Effective Interest %
Existing
HONG KONG
1.	Renaissance Kowloon Hotel, Hong Kong	542	64.0
2.	Renaissance Harbour View Hotel, Hong Kong	860	64.0
3.	Grand Hyatt Hong Kong	570	64.0
4.	Novotel Citygate Hong Kong	440	16.4
		2,412
MAINLAND CHINA
5.	Courtyard by Marriott Beijng	293	39.2
6.	Jing Guang New World Hotel, Beijing	444	52.5
7.	New World Mayfair Hotel Shanghai	860	46.3
8.	New World Hotel Shenyang	261	71.3
9.	Courtyard by Marriott Shunde	376	23.2
10.	Wuxi Ramada Hotel	243	25.6
11.	Grand New World Hotel, Xian	491	22.4
12.	New World Hotel, Wuhan	327	42
		3,295
SOUTHEAST ASIA
13.	Renaissance Makati City Hotel, Manila	599	26.9
14.	New World Hotel Saigon	504	21.6
15.	Renaissance Riverside Hotel Saigon, Ho Chi Minh City	336	46.1
16.	Renaissance Kuala Lumpur Hotel	921	37.5
		2,360
	Total	8,067
To be completed
17.	The Chinese University Hotel Project	567	100.0
18.	Hanoi Road Redevelopment Project	384	78.8
19.	Dalian New World Tower	406	71.3
	Total	1,357
	Grand Total	9,424