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9 May

New World Development's Cookie Making Class Encourages Colleagues to Show Love and Care to Their Mothers

Besides creating the perfect home for Hong Kong people, New World Development Company Limited ("the Group"; Stock Code: 17.HK) also cares about staff and their relationship with their family. To celebrate the upcoming Mother's Day, the Group held a cookie making class for staff to bake cookies to show love and care for their beloved mothers.

The Group not only cares about its staff and their family, it also aims at extending its care to those in need. Besides learning from instructors at the cookie making class, staff also baked cookies with members of New Life Psychiatric Rehabilitation Association, which helped them to grasp the real meaning of harmony, acceptance and appreciation. Cookies made at the cooking class are given to staff who are mothers as a gesture of appreciation for their dedication to both the company and their family. The giving of cookies also encourages staff to express their love for their mothers and enhance harmony of their family.

New World Development has its staff's best interest at heart. The Group gives its staff gifts for various occasions and cares about their physical and mental health. To that end, the Group frequently organises health talks, leisure and sports activities for its staff. The Group recently joined forces with Hong Kong Family Welfare Society to provide its staff with psychological support if needed, further demonstrating its commitment to being a sustainable corporation.

New World Development Company Limited

New World Development Company Limited ("The Group"; Stock Code: 17.HK) is a leading conglomerate based in Hong Kong. The Group was founded in 1970 and publicly listed in Hong Kong in 1972. It is a constituent stock of the Hang Seng Index with a total asset value of HK$311 billion as at 31 December 2012.

For more than four decades, the Group has expanded from a single focus on the property business to four core areas: property, infrastructure, services and department store. As at 31 December 2012, the Group has an effective interest of approximately 61% in NWS Holdings Limited (Stock Code: 659.HK), approximately 69.8% in New World China Land Limited (Stock Code: 917.HK) and approximately 72.3% in New World Department Store China Limited (Stock Code: 825.HK).