3 July 2007


Modern Terminals Announces Appointment of Andrew Milliken
as Managing Director of Da Chan Bay Terminal One

Hong Kongˇ¦s leading container terminal operator Modern Terminals Limited is pleased to announce that Mr. Andrew Milliken joins the company effective on 1 July 2007. Mr. Milliken will officially take up the position of Managing Director of Da Chan Bay Terminal One, Western Shenzhen, when it comes on stream in end of this year.

Mr Milliken brings to the five-berth Da Chan Bay Terminal One his more than 35 years of container terminal management experience covering ports in Hong Kong, Philippines, and the UK as well as regional port management and business development experience in Singapore and Dubai.

Situated in the Western Shenzhen Port area in South China, Da Chan Bay Terminal One is being developed as a new world-class container terminal serving the Pan-Pearl River Delta cargo-catchment areas.

Sixty-five percent of its shares are held by Modern Terminals Limited, the longest-established container terminal operator in Hong Kong. The other 35 percent of its shares have been taken up by Shenzhen Dachan Bay Port Investment and Development Co., Ltd., a wholly owned subsidiary of the Shenzhen Municipal Government.

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Issued by Modern Terminals Limited

For enquiries, please contact
Joel Cheung, Corporate Affairs Manager
Tel: 2115 3640
Email: cad@ModernTerminals.com
Website: www.ModernTerminals.com