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18 Mar

New World Group Announces Winners of "New Year‧New World - Hong Kong Countdown Celebrations Photo Competition" and Photo Exhibition

New World Development Company Limited ("New World Development", "the Group"; Stock Code: 17.HK) announces winners of "New Year‧New World - Hong Kong Countdown Celebrations Photo Competition" and launches a photo exhibition of the winning pieces. Title-sponsored by New World Development who also celebrates its 40th listing anniversary, the "New Year‧New World - Hong Kong Countdown Celebrations" in 2012 was showcased by a number of international media including CNN, BBC, NHK, TVBS and CCTV.

Gary Chen, Executive Director and Joint General Manager of New World Development, who also sits on the judging panel said: "The Group is committed to contributing to the growth of Hong Kong and has organised a number of local sports events and sustainable community programmes including the ‘New World Harbour Race' and ‘New World Springboard'. It is our pleasure to sponsor the ‘New Year‧New World - Hong Kong Countdown Celebrations' as we celebrate our 40th listing anniversary. Other than bringing to audience a new experience of enjoying a pyrotechnics show at the Hong Kong Convention and Exhibition Centre, we organised a photo competition to extend the unique charm of the spectacle."

The photo competition received a great number of quality entries from keen photography lovers.Featuring the Hong Kong Convention and Exhibition Centre as the focal point, the photos underwent a selection process in which their adherence to the theme, techniques, creativity and colour were assessed. In addition to the top three prizes, five merits are awarded.

Cynthia Leung, General Manager, Corporate Affairs of the Hong Kong Tourism Board ("HKTB"), said: "The HKTB is grateful to New World Development Company Limited for supporting the ‘New Year‧New World - Hong Kong Countdown Celebrations' not only through title sponsorship of the event, but also a photo competition that encouraged greater participation of local residents. We are also delighted that the countdown celebrations have been widely covered by the international media since it was first held six years ago. Major news network such as CNN and BBC even broadcast the live event, generating tremendous publicity for Hong Kong and upholding its image as Asia's World City."

All winning pieces are now on exhibition at different properties of the Group. Details are as follows:

Discovery Park - Shopping Centre

Date: 16 to 22 March 2013

Venue: Exhibition Area B, 2/F, Discovery Park - Shopping Centre, 398    Castle Peak Road, Tsuen Wan

K11 Art Mall

Date: 23 March to 1 April 2013

Venue: K11 Art Mall, 18 Hanoi Road, Tsim Sha Tsui, Kowloon

New World Tower

Date: 2 to 10 April 2013

Venue: Lobby, New World Tower, 18 Queen's Road Central, Hong Kong

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).