News Release

30th June 2004

HPH Ports Announce ISPS Code Compliance


[30 June 2004 – Hong Kong] Hutchison Port Holdings (HPH) is pleased to announce that all HPH ports to which the International Ship and Port Facility Security (ISPS) Code is applicable are in full compliance.

The requirements of ISPS Code, adopted by the International Maritime Organisation (IMO), form an international framework through which ships and port facilities must operate to detect and deter international terrorism, which threatens the security of the maritime transport sector. All ships and port facilities are required to obtain the certificate of compliance from their government authorities before July 1, 2004.

Since the adoption of the ISPS Code by IMO in December 2002, HPH has worked closely with government authorities in performing facility security assessments and creating facility security plans to ensure compliance for its terminal facilities.

John Meredith, HPH Group Managing Director, commented, “As a pioneer in maritime security, HPH has worked diligently to reach the stage of full compliance of the IMO’s ISPS Code throughout our network of ports. This has been accomplished through many hours of work and at a considerable expense. As the world’s leading port developer and operator, having moved 41.5 million containers in 2003, the HPH Group operates 35 ports in 17 countries, seven of which are included in the 20 megaports identified by US Customs. HPH will continue to take a proactive role in shaping the post 9-11 paradigm of secure international sea trade.”

“With the aim to enhance security, without compromising efficiency, HPH is working closely with partners within the industry to secure our port facilities and facilitate the movement of cargo throughout the global supply chain,” Mr. Meredith added.

Apart from implementing ISPS Code security measures in HPH ports, the Company remains to be very concerned about the security of the containers moving through the supply chain. HPH therefore continues to take a leading role in the industry-wide security initiative – Smart and Secure Tradelanes (SST) – which aims to maintain door-to-door monitoring of location and tamper evidence in the movement of cargo containers.