POWER ASSETS HOLDINGS LTD. ADR- (OTC:HGKGY)

The Hongkong Electric Company, Limited (HK Electric) is one of the longest-established power companies in the world. As the main operating company of Power Assets Holdings Limited, HK Electric has a long record of providing an efficient and reliable electricity supply to its half a million customers on Hong Kong Island and Lamma Island at a reasonable and affordable price.

Realising how important reliability is to keep Hong Kong a great financial centre and a world-class city, HK Electric has been investing in advanced and quality systems to sustain Hong Kong's strong economic growth and a good quality of life for all its citizens. It has maintained a supply reliability rating of 99.999% since 1997 - one of the best records in the world.

Electricity is first generated at the Company's power station on Lamma Island. It is then transmitted and supplied via an extensive cable network to its customers. The generation, transmission and distribution of electricity are monitored and controlled by the System Control Centre which uses advanced technologies to ensure exceptional reliability around the clock.

HK Electric has been keen to support the development and application of renewable energy in Hong Kong. Hong Kong's first commercial scale wind power station – Lamma Winds at Tai Ling on Lamma Island was commissioned by the Company in February 2006,  representing a pilot project of HK Electric to explore the wider use of renewable energy in Hong Kong.