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20-10-2009

Standard Chartered Tower Unveiled at Henderson Land's
Landmark Alliance to Accelerate the Development of China's Financial Sector

20 October 2009, Beijing - Henderson Land Development Company Limited ("Henderson Land") and Standard Chartered Bank (China) Limited ("Standard Chartered China") today signed a tenancy agreement for World Financial Centre ("WFC") in Beijing, confirming the Bank as one of the anchor tenants of the iconic development in the Central Business District. The agreement was signed during a naming ceremony for the East Tower of the WFC, which was officially unveiled to be 'Standard Chartered Tower'. CB Richard Ellis provided transaction management as well as project management services for Standard Chartered China, in addition to property management services for World Financial Centre Beijing as announced last November.

Mr. Ji Lin, Vice Mayor of Beijing and Mr. Chen Gang, Party Secretary of Chaoyang District, Mr. Huo Xue-wen, Party Secretary of Beijing Municipal Bureau of Finance and Ms. Wu Gui-ying, Vice Governor of Chaoyang District attended the ceremony. Mr. John Peace, Chairman of Standard Chartered Bank PLC and other members of the Bank's senior management, namely, Ms Katherine Tsang, Chairperson for Greater China of Standard Chartered Bank and Mr. Lim Cheng Teck, CEO and Executive Vice Chairman of Standard Chartered Bank (China) Limited attended the ceremony. Mr. John Yip, Executive Director of Henderson Land, Mr Cheung Fong Ming, Executive Director of Henderson (China) Investment Company Limited and Mr Patrick Sit, General Manager, Portfolio Leasing Department of Henderson Land welcomed above distinguished guests.

The Bank will occupy approximately 9,035 sq.m. on the 11th and 12th floors of the Standard Chartered Tower for its offices and about 308 sq.m. on the ground floor for consumer banking services. Both office and branch are expected to move into the building in April 2010.

Mr. John Yip, Executive Director of Henderson Land, said, "We are delighted to welcome Standard Chartered, one of the world's leading banks as our tenant. With the East Tower named Standard Chartered Tower, we reinforce the WFC's position as a world-class development strategically located at the heart of the Beijing CBD and as a hub for financial institutions looking to expand their footprint across China. Standard Chartered Bank is particularly delighted with the WFC's "green building" features which are in line with the Standard Chartered's environmental policy."

Mr. John Peace, Chairman of Standard Chartered PLC said, "Today's signing is a lasting testament to Standard Chartered's long history in China - a commitment which reaches back over 150 years, and still continues today. With our long history in China, and our global presence in over 70 countries, Standard Chartered is uniquely positioned to serve our Chinese clients as they grow their businesses and investments on an international scale. Standard Chartered Tower Beijing will be one of the newest residents of the Chaoyang District, helping to drive the growth of a flourishing and dynamic CBD in the heart of Beijing."

Standard Chartered Bank is committed to protecting the environment very seriously. The Bank continues to harness its core capabilities as a financial institution to contribute to China's transformation into a low carbon-emission economy. WFC has set new standards for 'green building' as one of the most energy efficient and environmentally friendly commercial buildings in the region, thus it is the best suited property for the Bank to house its Beijing office.

WFC is being assessed under the globally recognised Leadership in Energy and Environmental Design (LEED) and Building Environment Assessment Method (BEAM) and is anticipated to achieve the highest possible grading of "Platinum" under both independent assessment methods. Some environmental features include a water-cooled air conditioning system; double glazed curtain wall system with "Low-E" coating and argon gas between glass sheets as well as maximum use of natural light.

As a truly International Grade A Office Building strategically located at the heart of Beijing's Central Business District, WFC offers convenient access to public transportation and major expressways. Featuring a stunning jewel box design and built to the highest specifications, the WFC is the principal icon of Beijing's growing Central Business District.

Mr. John Yip, Executive Director of Henderson Land Development Co. Ltd. and Ms. Katherine Tsang, Chairperson for Greater China of Standard Chartered Bank signed a tenancy agreement for World Financial Centre under the witness of the honorable guests.

Mr. John Yip, Executive Director of Henderson Land Development Co. Ltd. and Ms. Katherine Tsang, Chairperson for Greater China of Standard Chartered Bank signed a tenancy agreement for World Financial Centre under the witness of the honorable guests.

It was a great pleasure for Henderson Land and Standard Chartered (China) to have invited Mr. Ji Lin, Vice Mayor of Beijing to attend the ceremony.

(From right) Mr. Chen Gang, Party Secretary of Chaoyang District, Mr. Ji Lin, Vice Mayor of Beijing, Mr. John Peace, Chairman of Standard Chartered Bank PLC and Mr. John Yip, Executive Director of Henderson Land officially unveiled the 'Standard Chartered Tower'

Guests celebrated the success of the signing ceremony with a toast.

Mr. John Yip, Executive Director of Henderson Land (in the middle) and senior management of Henderson Land led a VIP tour at WFC to introduce the international A-Grade architectural design features and facilities to Ms. Wu Gui-ying, Vice Governor of Chaoyang District (3rd from left).