Airport Cities World Conference and Exhibition (ACE 2010) to be Held in Beijing

ACL to host airport city industry's highest-level event, held in mainland China for the first time

BEIJING, March 16, 2010 - Airport City Development, Ltd. (ACL) announced today that it will host
the 10th Airport Cities World Conference and Exhibition (ACE 2010) in the
China World Hotel Beijing from April 21 to 23, the first time the
highest-level event in the airport city industry will be held in mainland
China.

Desmond Shum, ACL Vice Chairman & CEO said: "It is a great honor and
pleasure for ACL to host ACE 2010 in Beijing. With T3 - one of the world's
largest terminals - already in operation at Beijing Capital International
Airport, Beijing, along with its airport city, has become an even more
optimal venue for hosting ACE. What makes us more excited than ever before is
that, in the beginning of this year, the Beijing Municipal Government
announced its intention of building Beijing into a 'World City.' With the
world focusing on China and Beijing, we believe that ACE 2010 will stimulate
active discussions and new ideas, providing Chinese airports with the best
platform to understand and communicate with their international
counterparts."

Both Desmond Shum, ACL Vice Chairman & CEO, and Ellen Hu, ACL Vice
President, will deliver keynote addresses at this year's ACE. Additionally, a
number of domestic and international experts and scholars in the field will
participate, including: Professor John D. Kasarda, Director of Kenan
Institute of Private Enterprise, University of North Carolina; Professor Cao
Yunchun, Director of Airport Economics Institute, China Aviation University;
and Tian Baohua, former president of the Civil Aviation Management Institute
of China. Representatives from Beijing, Shanghai, Guangzhou and Hong Kong
airports will attend and make statements.

According to the organizer, Insight Media, all participants must pay a
fee for attendance, which is subject to specific activities and registration
times. For registration consultation, please contact Emma Dean, Senior
Manager, Conferences & Events. E-mail: emma@airportconference.com. Tel:
+44(0)208-831-7505. For more information, please visit the ACE website:
www.airportcities.info .

Li Bei, +86-10-6563-2975, libei at airportcity.cn or Alice Chen, +86-10-6563-2977, chenjing at airportcity.cn, both of Airport City Development Co., Ltd.; or Shawn Huang of Ogilvy Public Relations Worldwide - Beijing, +86-10-8520-6539, shawn.huang at ogilvy.com