Airport City Development Embraces New Era of Air Cargo Transport

BEIJING, November 29, 2010 - According to a joint statement by Beijing Tianzhu Free Trade
Zone, Beijing Customs, Beijing Entry-Exit Inspection and Quarantine Bureau
and Beijing Port Office today, the Beijing Tianzhu Free Trade Zone Port
Operational Center developed and run by Airport City Development (ACL) is
prepared for daily operation. Beijing Capital International Airport Cargo
Inspection and Examination Department and Beijing Capital International
Airport Customs and Beijing Capital International Airport Entry-Exit
Inspection and Quarantine Bureau will relocate offices to new locations.
Details are as follows:

1. Beijing Capital International Airport Cargo Inspection and
Examination Authority, Air China and BGS first-class supervised warehouse
will relocate offices to the Beijing Tianzhu Free Trade Zone Port Operational
Center; Beijing Capital International Airport Customs and Beijing Capital
International Airport Entry-Exit Inspection and Quarantine Bureau will
relocate offices to the ACLP International Building (566 Shunping Road,
Shunyi District). The above two locations will be officially operational on
20 December 2010, when Beijing Capital International Airport Customs and
Beijing Capital International Airport Entry-Exit Inspection and Quarantine
Bureau will start processing all import/export customs declarations, and
inspection and quarantine facilities will begin operation at their respective
new locations. The transfer of all procedures concerning the import/export of
goods will be completed within a month. The existing cargo inspection and
quarantine area in western Beijing Capital International Airport will cease
operations as of 20 January 2011.

2. Any enterprise operating at the Port Operational Center is
required to complete filing and registration procedures and relevant
applications for vehicle entrance permits at the reception office of Beijing
Tianzhu Free Trade Zone Management Committee.

3. Beijing Capital International Airport Customs and Beijing
Capital International Airport Entry-Exit Inspection and Quarantine Bureau
will start accepting applications for registration as well as for record
filing and changes as of the date of this announcement.

ACL is responsible for planning, construction and operations
management of the Beijing Tianzhu Free Trade Zone Port Operational Center and
Airport City Logistics Park Project (ACLP). The company's efforts over the
past six years have paid off as government organizations as well as private
enterprises across all sectors become tenants of Beijing Tianzhu Free Trade
Zone Port Operational Center, where they can enjoy the world-class service,
dedication and professionalism of ACL's staff. ACL, and its tenants, can look
forward to embracing a new era of air cargo transport and to being one of the
contributors in making Beijing Capital International Airport the
international cargo hub in northeastern Asia.

Airport City Development (ACL)

Established in December 2004, Airport City Development has land
coverage of over three million sq.m. divided into five main function zones:
Air Cargo Terminals, Express Centre, Customs Supervision Area, Bonded
Logistic Center, and the Office Complex, which provides an integrated
"one-stop shop" for airport customs, inspection and quarantine services under
one roof.

For more ACL information, please visit: www.airportcity.cn.

ACLP International Building

ACLP International Building is a premier commercial office
building developed and constructed by Airport City Development Co., Ltd.,
located along Shunping Road with the city's Green Belt to the north and
Beijing Tianzhu Free Trade Zone to the west. It includes the ACLP
international main building to the south, port administrative information
office building to the north and services building to the west. Total
development area is 121,500sq.m., with above-ground construction area of
99,530sq.m. and underground construction area of 21,970sq.m. The main
building features nine floors, one basement floor and a three-level annex
building to the west.

As an airport transportation hub and the only international
standard premier commercial office building around the airport vicinity, the
building not only undertakes one-stop custom clearance and documentation
services such as office space, food/beverage outlets, business, customs
declaration and traffic, but also caters to the commercial office demands of
multinational enterprises.

Beijing Tianzhu Free Trade Zone

Beijing Tianzhu Free Trade Zone, which was approved by the State
Council on July 23, 2008 and passed the joint examination and acceptance of
ten state ministries and committees on July 28, 2009, is the first
airport-based comprehensive free trade zone in China.

Airport City Development, Li Bei, +86-10-6563-2975, libei at airportcity.cn and Chen Jing, +86-10-6563-2977, chenjing at airportcity.cn