Ref: MSD/ML/23031PR Press Release Urban Group provides Premier Concierge Services to Grenville House and Queen’s Terrace

For immediate release , 10th January 2004

Urban Group, Hong Kong’s Largest Property Asset and Facility Management Group, launches its Premier Concierge Services at two luxurious residential properties: Grenville House in Mid-Level and Queen’s Terrace in to enhance the overall management service quality to the residents of the 2 properties after being appointed as their property manager in 2003.

Located at at the Mid-Levels, Grenville House is a prestigious residential property comprising 120 units in 5 residential blocks. Whereas Queen’s Terrace is located at 1 Queen’s Street, which has 3 residential towers of 1,148 units.

According to Dr. Edmond Cheng, Managing Director of Urban Group “As the Premier Property Assets and Facility Management Group in Hong Kong, we provide a full scope of quality services to the residents at Grenville House and Queen’s Terrace as well as all customers in our portfolio. We pioneer in launching our Premier Concierge Services in selected properties under our management to enhance our customer service standard.”

The concierge concept, which originates from the hotel industry, can previously only be experienced in five-star hotels. Services included in this concept are customer enquiries; restaurant reservation; ticket booking; secretarial support services; travel information; mailing services; transportation arrangement and baby-sitting.

Dr. Edmond Cheng pointed out that, “Urban Group launched the industry unique ‘Urban Premier Management™ Model’ in 2002, emphasizing ‘People, Process and Performance’ which aims to provide our Six-Star Services to exceed our customers' expectations. After we launch our Concierge Services, it has been well received by our customers.”

Dr. Edmond Cheng continued, “Through our Premier Concierge Services, our customer can handle their household and personal matters by simply dialing to their Estate Management Office and our customer service personnel will provide a comprehensive range of value added services to them. Our customers now may be released from the trivial and tedious household matters so that they can have more leisure time to enjoy their life.”

Urban Group is a member of NWS Holdings Limited (HKEx Stockcode: 0659) and is the Largest and Premier Property Asset and Facility Management Group in Hong Kong. Currently, Urban Group is managing 320 properties and facilities with 180,000 residential units, serving more than 1 million people in the territory.

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Should you need further information, please contact Mr Bevis Leung, Senior Group Manager - Marketing Services of Urban Group at 2626-7898 or e-mail to [email protected].

Urban Property Management Ltd is a member of NWS Holdings Limited. NWS Holdings Limited (“NWS Holdings”, Stock code: 0659), the flagship servicing company of New World Development Company Limited (Stock code: 017), embraces a diversified range of businesses in Hong Kong, Macau and in the mainland. These businesses can be broadly grouped under three main divisions: service, traditional infrastructure and ports. Its service arm comprises Facilities (Urban Property Management, General Security and the management of the Hong Kong Convention and Exhibition Centre), Contracting (Hip Hing Construction and NWS Engineering), Transport (First Bus and First Ferry), Financial and Environmental. The traditional infrastructure portfolio includes energy, toll roads, water and sewage treatment projects, bridges and tunnel. For ports, NWS Holdings is principally engaged in container and cargo handling, logistics and warehouse management.

Urban Group provides Premier Concierge Services to Grenville House in Mid-Level and Queen’s Terrace in Sheung Wan to enhance overall management service quality to the residents.