CLP Holdings Ltd won the Best Report Award of the 2008 Best Annual Reports Awards organized by the Hong Kong Management Association and co-organized by the South China Morning Post.The Panel of Adjudicators commended it as "an exemplary report which continued its remarkable record for an overall excellence in all aspects and a tradition of innovation and distinction."

Apart from the Best Report Award, there are two categories of winning reports: General and Non-profit Making and Charitable Organizations. The results are as follows:

Best Report Award: CLP Holdings Limited

"General" Category:

"Non-profit Making and Charitable Organizations" Category

Honourable Mentions:

Airport Authority Hong Kong
Bank of China Limited
China Construction Bank Corporation
Hang Lung Properties Limited
Hong Kong Housing Society
Hong Kong Trade Development Council
Kerry Properties Limited
The Land Registry

Citation for Corporate Governance Disclosure:

Best New Entry: Pacific Basin Shipping Limited

* (Listed according to the alphabetical order of company names)

The Awards presentation ceremony was held on Monday, 3 November, at the Island Shangri-La Hotel. This year, a total of 120 reports (82 from General, 22 from Non-profit Making and Charitable Organizations categories and 16 reports from the constituents of the Hang Seng Index) were reviewed by the Panel of Adjudicators. The Best Report was selected from the 82 submitted voluntarily from the General category.

An exhibition organized by the Association will be held to publicly display all the 104 annual reports. Details are as follows:

Organized by The Hong Kong Management Association since 1973, the Best Annual Reports Awards is an annual competition to encourage the publication of timely, accurate, informative and well presented annual reports for shareholders, stakeholders, employees and others who may have an interest in the performance and activities of the organizations in question.

The Panel of Adjudicators this year include:
Professor Richard Petty (Chairman), Deputy President, CPA Australia; Associate Dean, Macquarie Graduate School of Management
(Representing CPA Australia)

Mr Jone Chan, Creative Director, Leo Burnett ARC Hong Kong
(Representing Leo Burnett Limited)

Mr Colin Chau, Senior Vice President, Listing Division, Hong Kong Exchanges and Clearing Limited
(Representing Hong Kong Exchanges and Clearing Limited)

Ms Jill Cheshire, Director, Jill Cheshire Design

Mr Benjamin Cheuk, Director of Corporate Finance, Securities & Futures Commission
(Representing Securities & Futures Commission)

Mr George Hongchoy, Managing Director, Head of DBS Asia Capital Limited
(Representing Hong Kong Securities Institute)

Mr Seaman Kwok, Company Secretary, S E A Holdings Limited
(Representing The Hong Kong Institute of Chartered Secretaries)

Dr Keith Lam, Vice President, Institute of Financial Planners of Hong Kong Deputy Principal
HKU SPACE Po Leung Kuk Community College
(Representing Institute of Financial Planners of Hong Kong)

Mr Caspar Li, President, Tribourne Limited

Mr Karl Lung, President, The Hong Kong Society of Financial Analysts
(Representing The Hong Kong Society of Financial Analysts)

Dr John Tang, Director, Compliance, Ernst & Young, China

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