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Press Release
1 Dec 2006
Grand Opening of COL's Shanghai Business Continuity Centre
One Service, Two Cities

COL, an IT services subsidiary of Wharf T&T and a leading IT solutions provider in Hong Kong, today announced the grand opening of its Shanghai Business Continuity Centre (BC Centre). Together with its Hong Kong centres, COL is now able to offer managed cross-boundary continuity solutions for enterprises with offices in both Hong Kong and China.

The newly expanded Wharf COL centre is able to provide all-round disaster recovery and business continuity solutions to all kind of businesses in the event of service disruptions that may happen as a result of IT virus attacks, natural disasters or terrorism. The centre is equipped with state-of-the-art equipment, robust telecommunication infrastructure and tailor-made facilities including dealing rooms and control rooms which are ideal for financial institutions where recovery of their critical operation is essential.

"We are excited to celebrate the opening of our Shanghai centre," said Mr. Stephen Ng, Deputy Chairman & Managing Director of The Wharf (Holdings) Ltd. & Chairman of COL. "In response to the strong client demand in establishing continuity solutions in Shanghai, COL first established an office and BC Centre in 2004. The current expansion is a result of our success and our commitment to further strengthen our business in China."

The total area of the newly expanded Wharf COL centre exceeds 10,000 square feet, occupying 3 storeys of the Group's property-Shanghai Times Square. The centre provides plenty of seat positions to banks and financial institutions which can be activated within 4 hours.

"COL is committed to offering the best continuity solutions to companies where recovery of their critical operations is crucial. We have over two decades of experience in helping financial institution customers to devise and manage their continuity and recovery plans as well as carrying out over 900 business recovery and disaster recovery implementations and rehearsals in our HK and Shanghai centres," said Mr. Norris Hickerson, Vice President, Data Centre and Engineering services, COL. "Customers expect to be up and running within minutes in the event of sudden service disruption. Since commencement of our Shanghai centre operation, the availability service level of our business recovery service has attained over 99.9%. "

The Shanghai centre follows the same operation mode and deploys the same stringent quality standards as the Hong Kong. Both Shanghai and Hong Kong centres are strategically located in a site with substantial distance from the central business district to avoid the disruption of power, water and telecommunications. Moreover, high accessibility via public transport is another key characteristic of our centres. Together with the privilege of a stable leasing environment and flexibility in the centre design being the Group managed property, COL is able to gain competitive advantages in managing business continuity and disaster recovery services in Shanghai and Hong Kong. Mr. Hickerson explained, "One Service, Two Cities, is a true statement of the uniformity of our best-of-breed services in Hong Kong and Shanghai."

"The new centre signifies our commitment to the long term development of COL in China. COL's investment in business continuity service has already exceeded HK$250 million in Hong Kong and China. In future, we are keen to further open up the China market with more branch offices in other cities. " Mr. Ng added.

The Shanghai Wharf COL business continuity centre offers recovery plan development, backup computer systems and disaster recovery rehearsals which are tailored for financial and banking institutions. Currently, COL has over 75% market share in the Shanghai outsourced overseas banking industry.
About Wharf COL (Shanghai)

Wharf COL (Shanghai) Limited started operation since April 2004. The expansion to Shanghai was prompted by strong demands in China where the establishment of a BC Centre allows COL Limited to extend coverage of its business continuity service in the Mainland. With a total area of over 10,000 sq. ft., Wharf COL's state-of-the art BC Centre at Shanghai Times Square can offer major corporations with the same level of standard and protection they now enjoy in Hong Kong and other financial services centres.
About COL

COL is a leading IT services company in Hong Kong with over 34 years of experience. Our goal is to help customers to drive their business performance through quality services, better products and solutions. COL offers a full range of IT infrastructure and application services to our customers. Our data centre and business continuity solution is the flagship in the product portfolio with 80% market share in the financial industry and the MNC sector. To ensure a high-quality standard, COL is the first provider in Hong Kong to achieve the ISO 9001:2000 certification for business continuity services.

System integration is another core competence of COL. COL possesses sophisticated network solution design and implementation capabilities with gold accreditation from Cisco. To better address the increasingly complex solution demand, COL has developed comprehensive professional services capabilities with CMMI Level 3 qualification. COL's application implementation services cover budgeting & planning, ERP & Supply Chain management solution, as well as HRMS solutions.

COL is also an EMC Velocity Partner, a Hyperion Consulting & Reseller Partner for Business & Management Planning, a Microsoft Certified Partner, and a world-wide Oracle Certified Partner.

In January 2006, COL was integrated with Wharf T&T Limited, a core member of the Wharf Group. Wharf T&T is a leading fixed-line operator since 1995 with over HK$5 billion of investment in its own telecommunications network infrastructure in Hong Kong. The integration brings together comprehensive IT and robust networking capabilities to make COL a compelling option for customers of all tiers and all industries.

For further information about COL, please visit COL website at http://www.col.com.hk.

About Wharf T&T Limited

Wharf T&T is a leading fixed-line operator since 1995 with over HK$5 billion of investment in its own telecommunications network infrastructure in Hong Kong. Being the only FTNS operator in Hong Kong specializing in the business sector, “Strictly Business” is our mission. Our goal is to help our business customers drive their business performance through quality services and products.

Wharf T&T is the second largest fixed-line operator in the business sector with 18% market share. With over 2,225 km of extensive fibre network in the territory, Wharf T&T possesses the best-of-breed metro IP network enabling a full range of voice, data networking, internet access and video services to address the dynamic demand of business customers. In January 2006, Wharf T&T and COL were integrated. The integration brings together the best-of-breed data centre and business continuity capabilities, backed by one of the most robust telecom infrastructures, supported by sophisticated networking solution capabilities with gold accreditation from Cisco and a well renowned professional service engine to make Wharf T&T an indispensable partner for the business growth of our customers.

Wharf T&T is a core member of The Wharf Group, one of the largest conglomerate in Hong Kong. The Wharf Group also owns i-CABLE Communications Limited, the leading cable television station and Internet access service provider in Hong Kong.

For further information about both Wharf T&T and The Wharf Group, please visit Wharf T&T website at www.wharftt.com.

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