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Media Statement (12:30am)

09 Jun 2006


The principals of the five parties involved in the proposed share realignment relating to Air China, Cathay Pacific, CNAC, CITIC Pacific and Swire Pacific met this evening at the Swire Pacific headquarters at Pacific Place Hong Kong to finalise details of the formal agreement relating to the deal. Those attending were the Chairman of Air China Mr. Li Jiaxiang, the Chairman of the China National Aviation Company Limited Mr. Kong Dong, the Chairman of Swire Pacific Limited Mr. Christopher Pratt, the Chairman of CITIC Pacific Limited Mr. Henry Fan and the Chief Executive of Cathay Pacific Airways Limited Mr. Philip Chen. A photograph of the principals involved is attached.

The press conference relating to the deal will be held at Atrium Room, 39/F, Island Shangri-la Hotel, Admiralty at 9:30 a.m. tomorrow (Friday, 9 June, 2006).