MESSAGE FROMTHE GROUPMANAGINGDIRECTOR

08 LUXURY

10 INDUSTRIAL

11 SISTER GROUPS

12 FEATURES

NEWSLETTER OF THE JEBSEN GROUP VOL.UME 1 NO. 2 APRIL 2009

NEW NEWSLETTER LOOKThis new corporate newsletter hasbeen revamped to cater to morebusiness-oriented content and fit ahandy size. The new name reflectsthe modernity of the Jebsen businessand this publication.

01 COVER STORY

02 CORPORATE NEWS

04 CONSUMER

06 BEVERAGE

WHAT'SINSIDE

With the first quarter of 2009 behind us,we now have the opportunity to betterjudge the impact of the global recession onthe Jebsen Group.

As we are very diversified in our productmix, the effects of the market slowdownhave not been identical throughout theGroup. This in itself is the strength of ourunique business model, and our four corebusiness units Consumer, Industrial, Beverageand Luxury therefore remain the veryfoundation of our Group.

Looking at some of our key businessactivities specifically: Camera sales have notbeen spared from the recession, but theunique position of Hong Kong as a significantdestination for Mainland tourists has

tempered the effects. To our advantage, watch sales have been a beneficiaryof the same phenomenon.

Blue Girl Beer continues to grow strongly in Hong Kong and we maintainour growth strategy for this brand in Taiwan and China. Meanwhile,wine sales have seen a more pronounced impact as there have beenless western visitors to Hong Kong and China.

Our motor business has been substantially affected by both the economicslowdown and consumption tax increase in China, but we are hopeful thatthe strong brand and unique products of Porsche will allow us to make uplost ground over the coming months.

The industrial business is experiencing a slowdown for new projects.However, the large stimulus package of the Chinese Government shouldallow renewed growth by the end of the year.

World events continue to cast a shadow over the business environment.Drawing on our first quarter performance, it seems unlikely that we willenjoy a fast and substantial recovery in our markets and things may actuallyget worse before they get better. Our emphasis must therefore be oncost control and risk management.

Nonetheless, as this is not the first recession the Group has had to dealwith, nor indeed will it be the last, we know we have the ability to weatherthe storm as long as members of our Group continue in their respectiveefforts in this regard.

Hans Michael Jebsenawarded German Orderof Merit

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P.4Breakthrough high-speedcasio cameras globallylaunched in Hong Kong

Energy servicesdepartment set up forsolutions in renewableenergy

and more...

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Helmuth Hennig

The “Merit Cross of the Order of Merit onRibbon”, one of Germany’s most prestigioushonours, was bestowed on Chairman HansMichael Jebsen, in recognition of hiscontributions to the relations betweenGermany and Hong Kong.

The honour was performed by Mr FrankBurbach, the Consul-General of Germanyin Hong Kong, in a private ceremony onFeb 20, 2009.

Alongside his business Mr Jebsen takes anactive interest in social and communityaffairs. Among other important positions heserves as Trustee cum Vice-President of theWorld Wide Fund for Nature (Hong Kong),Chairman of the Friends’ Committee of theAsian Cultural Council Hong KongandTrustee of the Asian Cultural Council Boardof Trustees New York.

In 2001 Mr Jebsen has been awarded withthe Bronze Bauhinia Star of the Hong KongSAR as well as the order of the Dannebrogby the Queen of Denmark in 2006.

Mr Jebsen receiving the prestigiousaward from Mr Frank Burbach, the

Consul-General of Germany.

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Darren How

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HANS MICHAEL JEBSEN AWARDEDGERMAN ORDER OF MERIT

Mr Trevor Yang, Jebsen’s non-executive GroupDirector, has been appointed Chairman ofWWF Hong Kong.

Mr Yang is currently in charge of the family office.

Jebsen is a Double Diamond Member ofWWF’s Corporate Membership Programme(CMP), and is sponsor of the Jebsen EaglesTeam in the Big Bird Race.

Mr Yang was Chairman of the CMP from2004-2007, and was appointed Trusteein 2006.

Other than his involvement with WWFHong Kong, he is:

• Member, Steering Committee on thePromotion of Electric Vehicles,Environment Bureau Hong Kong

• Member, Advisory Committee onTeacher Education and Qualifications,Education Bureau

• Member, Board of Review (FilmCensorship), Television andEntertainment Licensing Authority

• Member, Development Board,St Hugh’s College, Oxford

• Trustee, Jebsen Educational Foundation

• Governor, Children’s ThalassaemiaFoundation Hong Kong

NON-EXECUTIVE GROUP DIRECTORIS NEW WWF CHAIRMAN Dilys Lowe

Mr Trevor Yang is in charge of thefamily office.

Ms Guo Li flanked byMr and Mrs Jebsen.

Chairman Hans Michael Jebsen and his wife were invited to attendthe Annual Spring Reception of the Liaison Office of The CentralPeople’s Government in The Hong Kong SAR on Feb 11, 2009.

More than 4,000 guests attended from all walks of life to celebratethe New Year at the Hong Kong Convention and Exhibition Centre.

Director of The Central People’s Government in The Hong KongSAR Mr Gao Siren, Deputy Directors Mr Pang Qinghua, Mr WangFengchao, Mr Li Gang, Ms Guo Li, Mr Li Guikang, Chief Executiveof Hong Kong SAR Mr Donald Tsang, Ministry of Foreign Affairs,PLA Hong Kong Garrison, government officials from GuangdongProvince and representatives from the Executive Council, as well aslegislators, foreign consuls in Hong Kong, and political and businesselites were among the guests.

At the reception, Mr Gao Siren delivered a speech on strengtheningthe confidence, meeting the challenges, and turning crises intoopportunities.

He conversed with Mr Jebsen and his wife, wishing the Jebsen Groupprosperity in the Year of the Ox.

Ms Guo Li also exchanged greetings with them, and gamely posedfor pictures.

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Alice Jiao

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CHAIRMAN ATTENDS CHINESE GOVERNMENTSPRING RECEPTION

The biggest corporate event of the year, theJebsen Centenary Vase, was held for 300guests at the Sha Tin Racecourse on Feb 8,2009 (Sun).

The event was held in appreciation of valuedbusiness partners who have been workingwith the Group all these years.

Except for the Jebsen Centenary Vase, thenon-feature races were named after Jebsen’sbusiness units and divisions.

The Hong Kong Jockey Club and the JebsenGroup first entered into partnership in the2007/08 season when Jebsen takes titlesponsorship of the Jebsen Cup Race Dayfor three consecutive years.

300 GUESTS JOINJEBSEN CENTENARY VASE Darren How

The event was held inappreciation of valued business

partners of the Group.

This season two new Casio digital camerasEX-FC100 and EX-S12 hit the market,featuring high-speed image capture and high-speed image processing functions respectively.

Hong Kong was selected as one of the globallaunch markets for the new cameras thanksto the favourable positioning of the Casiobrand here. With Casio’s support, this is theresult of many years of hard work coupledwith market acumen by Jebsen Consumer.

The new cameras were launched in a pressconference and luncheon on Feb 26, 2009at Hong Kong Royal Plaza Hotel, attendedby dealers and journalists.

Casio representative Mr Jin Nakayama, whocame all the way from Japan, officiated theevent, along with Jebsen Consumer DirectorAlbert Chan and colleagues.

The lively event included dance photographydemonstrations, model demonstrations andproduct display, allowing the guests toexperience the breakthrough technology ofthe new camera features.

Representatives from Casio Japanand Jebsen Consumer kicked off

the event.

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Tracy Tai

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BREAKTHROUGH HIGH-SPEED CASIO CAMERASGLOBALLY LAUNCHED IN HONG KONG

Mr Jin Nakayama of Casio Japan introducedthe innovative camera features.

Dancers with a novel way ofdemonstrating the new products.

Jebsen Consumer has launched the new Pentax K-m, a digital SLR touted as a “babypro-cam” (professional camera), with a compact body and fun features especially appealingto female users.

In conjunction with the launch, Jebsen Consumer held a series of promotional activitiesstarting December last year, including seminars for female photographers at a cosy CausewayBay café in Hong Kong.

Professional photographer Quist was invited to share tips with participating ladies, whohad the chance to try out the Pentax K-m for lifestyle snapshots, human portraits,scenery capture, night shots and macro photography.

In the process, they produced unique personal works with the 14 inbuilt digital effects like“toy camera”, “high contrast”, “illustration” and “nostalgic film”, which won them instantprizes and recognition.

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Coan Wong

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PENTAX K-M SEMINARS HELDFOR FEMALE PHOTOGRAPHERS

Electronics shop set up like aprofessional studio for thePentax K-m seminar.

Some of these works have been uploadedto www.pentaxfansclub.com.hk.

In addition, Jebsen Consumer invited Quistto a major electronics retailer for a seminarin February, this time involving an aquariumfor goldfish photography.

There were also Pentax K-m photo artexhibitions held in March at storesCitySuper and Log-On that drew countlessphotography lovers.

Ladies experimenting with the newPentax K-m while enjoying tea.

Pentax K-m photo artexhibition at the Log-On store.

CNY trade visit withGod of Wealth

CNY 7-11 gamepromotion

In celebration of the Year of Ox, Blue GirlBeer carried out a series of promotionalactivities for customers and consumersthis January.

The main theme of the campaign was tobring the joyful moment and share thehappiness with Blue Girl Beer drinkers. Itcovered movie sponsorship, games, ChineseNew Year trade visits and fortune tellingpromotions at the trade level.

In leveraging the sponsorship of the localmovie “All’s Well, Ends Well” Blue Girl Beerheld a game activation promotion called“Guess the Gold Coin” for the selected135 restaurants and bars, and a tailor-made“Angel Squad Game Promotion” for 50selected 7-Eleven stores complete withfabulous prizes.

At the same time, Blue Girl Beer also helda PR event at AT Pub and invited the majoractors of the movie to enjoy a game nightwith consumers on Jan 21.

During the CNY period, all Jebsen Beerstaff in Hong Kong paid a trade visit toover 2,000 outlets accompanied by theGod of Wealth, spreading greetings offortune and wealth to valuable tradepartners and drinkers.

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BLUE GIRL BEER CNY PROMOTIONS SETMOMENTUM FOR 2009

CNY movie sponsorshipwith game activation

AT Pub PR event withmajor movie artistes

Continuing with the good response of lastyear, Blue Girl Beer held a fortune tellingpromotion in the Bar Pacific Group wheretwo famous fengshui masters were invitedto host talk shows and share their viewson the trends of 2009.

With this series of promotions during thefestive period, it is hoped that a strongmomentum is built to mark a good startto the year.

Mr Leonardo Frescobaldi, President ofMarchesi de Frescobaldi, attended thepremium Italian wine dinner exclusivelyorganised for trade customers, media friendsand Jebsen Fine Wine Club VIP memberson Feb 17, 2009.

Around 80 people were hosted at ConradHong Kong’s Nicholini’s, which presented agreat opportunity for the Italian wine loversin town to meet Mr Fresocbaldi in person.

Mr Fresocbaldi spent a substantial amountof time in the US, where he acquired valuableinsight of the American and Canadianmarkets, before focussing on the internationalmarket creating a network of importers anddistributors in 86 countries.

His efforts are now also directed at improvingand promoting the entire panorama of Tuscan

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Florence Luk

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JEBSEN FINE WINES HOLDS EXCLUSIVEFRESCOBALDI WINE DINNER

Around 80 people were hosted atConrad Hong Kong’s Nicholini’s.

Florence Luk

TOP WINE CRITIQUES RANK SACRED HILLAMONG BEST PREMIUM WINES

Jebsen Fine Wines’ very own Sacred HillHelmsman has been named among the bestpremium wines by top wine critiques inMar 2009.

In the renowned Scenic Cellars Bordeauxand Gimblett Gravels tasting, Australian wineindustry legend James Halliday blind tastedand selected six Gimblett Gravel wines togo into a comparative tasting with sixBordeaux wines, all from the 2005 vintage.

Mr Halliday, alongside wine writers includingthe New York-based Elin McCoy who writesfor Bloombergs and is an authority onBordeaux, tasted all the wines blind in oneflight of 12 wines and ranked Sacred HillHelmsman among the top six.

“It’s great to be able to produce a wine withsuch an impressive pedigree and one that isheld in such high esteem,” said Sacred HillChief Winemaker Tony Bish.

Sacred Hill was founded in Hawke’s Bay,New Zealand in the mid 80s. Incidentally, itwas the official wine for the Hong KongSevens for the third consecutive year.

In conjunction with the sports event thisyear, Jebsen Fine Wines held a series ofpromotional activities throughout Februaryand March.

Many western bars, restaurants and specialretail shops joined the Sacred Hill RugbyPromotion, with Sacred Hill and rugby themespainting the town with festive fun.

wines through lectures and seminars. JebsenFine Wines is honoured to have him at thewine dinner.

Thanks to his almost ceaseless travelsthroughout the world, Mr Fresocbaldipossesses a wide-ranging familiarity with theworld of wine in all aspects. His knowledgehas won him awards from the world’s mostprestigious wine associations.

Besides the top-rated and award-winingwines of Frescobaldi during the thematicwine dinner, the Brunello di Luce 2003 washighlighted that night.

The wine impressed with its full-bodied andexplosive complex of fragrances found inSangiovese, an exclusive type of grapesplanted in Italy.

Critique choice Sacred Hillwas the official wine forHong Kong Sevens 2009.

Executive Director Mark Bishop(centre) was among the VIPs

officiating the event.

Porsche Centre Hong Kong held an exclusive launch event forthe new generation Boxster and Cayman at the Garden Court,Pacific Place on Mar 27, 2009.

More than 60 media came and witnessed the unveiling of the latestPorsche models. Renowned model Gaile Lai together with Mr DerekTong, General Manager of Porsche Centre Hong Kong & Macauofficiated at the unveiling ceremony.

VIP guests included Mr Patrick Pesch, Marketing Manager of PorscheChina, Mr Darryl O’Young, Team Jebsen Driver and Championof Porsche Carrera Cup Asia in 2006 and 2008, Dr Richard Yu andMr Kevin Wong, Executive Director of Kee Wah Bakery.

The highlight of the new generation of Boxster and Cayman is thenew flat-six boxer engines developed with new technical featuresfrom the ground up, providing not only more power, but alsosignificantly greater fuel efficiency than their predecessors.

Besides the new Boxster and Cayman, a 911 Carrera S Coupe anda Cayenne GTS were also on display to round-off this Porscheexhibition until Mar 29, 2009.

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Luna Yao

NEW PORSCHE DESIGN STOREOFFICIALLY OPENS IN SHANGHAI

An exclusive group of 80 guests were invited to the Porsche Designpress event at the grand opening of its new store on Mar 2, 2009.

Among them were Jebsen’s Executive Director Mark Bishop,Porsche Design’s President andCEO DrJürgen Robert Geßler,Managing Director Frank Schuermann, Key Account ManagerApril Poon, Porsche China’s Managing Director HelmutBroeker, and local government officials.

The local broadcast and print media were also at the store on No.177 Huaihai Middle Road for the launch event, which was organisedby the Jebsen Group, Porsche Design’s partner in Shanghai.

Pursuing its brand concept "Passion, Performance, Purism, Precision",Porsche Design creates simple, useful, refined products with highquality, consummate traditional craft and innovative technology.The range of products covers the fashion, sports, jewelry, furnitureand electronics fields.

As the most developed and fastest growing area in China, Shanghaiis a crucial luxury market for business. Porsche Design aims toprovide professional, premium and personalised services to localconsumers.

The grand opening was held onMar 2, 2009 at the HuaihaiMiddle Road store.

NEW GENERATION BOXSTERAND CAYMAN LAUNCHED

Renowned model Gaile Laiwas invited to the launch event.

Mr Tong said, “The winning combination of superb dynamicperformance, great looks, everyday practicality and improved fueleconomy makes the Boxster and Cayman an outstanding propositionfor current and prospective customers alike.”

Mr Max Guo is confident of theChinese market for luxury watches.

The 3,000 sq ft service centreserves yachts with maintenance

needs throughout Asia.

Precision cogs, intricate clockworkmechanism, outstanding watchmakingprocess, consummate history... the ultimatepackage that watch lovers are looking for.

As General Manager for Jebsen Watch, MrMax Guo is the enabler of these dreams.From knowing how high-end watches work,to understanding the cultural and artisticroots behind the brands, Mr Guo has beenfuelling his passion for timepieces sincejoining the trade in 2005.

When it comes to the brands Jebsen Watchcurrently represents, namely Raymond Weil,Nomos, Paul Picot and Cuervo y Sobrinos,there is no one more expert than Mr Guo.

He explained that each of these brandspossesses its own distinct characteristics.Raymond Weil and art go hand in hand; theelegant Nomos is epitome of Germanwatchmaking tradition; Paul Picot is knownfor its complexity; Cuervo y Sobrinosfocusses on design and carries a rich SouthAmerican style.

"The Chinese luxury goods market hasbecome increasingly mature, with many

consumers no longer paying for a brand logoalone, but paying more attention to productquality as well as the core values and cultureconveyed by the brand,” he said.

“As part of the Group’s Luxury businessunit, Jebsen Watch will further build on theoverall architecture of the representedbrands, thereby establishing Jebsen’s leadingposition in the luxury watch market amongindustry professionals.”

Looking at the European and Americanmarkets, the entire luxury goods industryis under sluggish market conditions.However, Mr Guo has great confidence inthe Chinese market.

"With the Chinese economy most likely tobecome the first out of the crisis, China isstill the market with the strongest potential,judging by the increasing number of matureconsumers in recent years,” he said.

"The devil is in the details" is the mottoof Mr Guo. It is with his strict workingstyle and attention to detail that he hopesto inspire people around him on his questfor perfection.

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REACHING PERFECTION WITH JEBSEN WATCHGENERAL MANAGER MAX GUO

Nigel How

JEBSEN MARINE OPENSNEW SERVICE CENTRE

A new service centre has been establishedto provideproactive marine after-salesservices throughout this part of Asia.

The 3,000 sq ft service centre is located inthe heart of one of Hong Kong's mainboating locations, Aberdeen.

As the sole Volvo Penta agent for marineservicing and spare parts, Jebsen Marine offersfull after-sales services of the highest quality,no matter where the clients’ yachts are.

The centre is staffed with seasonedprofessionals who ensure the relationshipdoes not end with the purchase of a yacht.They will schedule it for servicing, handlerefitting projects, and assist with berthingandinsurance among other services.

With the experience and knowledge on allaspects of boat improvement works, JebsenMarine is always ready to keep the clients’yachts and yachting equipment in the bestpossible state.

New service centre address:

Unit B, 16/F Wah Ming BuildingNo. 34 Wong Chuk Hang RoadAberdeen, Hong Kong

Solar PVpanel system

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Wendy Lam

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ENERGY SERVICES DEPARTMENT SET UPFOR SOLUTIONS IN RENEWABLE ENERGY

JEBSEN SPECIALTY CHEMICALSACTIVITY REVIEW Fiona Pan

Jebsen Industrial established a new EnergyServices Department under the TechnicalDivision effective Feb 2009, to meet thegrowing demand for renewable energy.

This is in line with the Group’s environmentconservation efforts under the corporatesocial responsibility programme.

The new department will focus on renewableenergy having potential and wide applicationsin Hong Kong and China.

To address the global warming and pollutionissue, collective actions are being taken toreduce greenhouse gasses and other pollutantemissions. In this light, renewable energy ishighly encouraged to replace fossil fuel.

Examples of such applications are:

• Solar water heater and collector systemfor hot water showers and swimmingpools

• Solar PV panel system for powergeneration

• Wind turbine system for powergeneration

• Water purification of rain water oruntreated water for non-drinking andother uses

Based on the Group’s strategic businessdevelopment direction, Jebsen SpecialtyChemicals was established as an independentlegal entity in Oct 2008.

Employing 50 people, Jebsen SpecialtyChemicals continues to feature thepetrochemicals and fibre as well as the foodingredients business, and now hasindependent import and export rights, theright to handle hazardous goods, generaltaxpayer qualifications and its own customsinspection qualifications,

Here is a rundown of its activities since.

Nov 2008, a research and developmentcentre was set up in Shanghai’s Putuo Districtafter several months of intense preparations,taking up the mission of developing theapplication of food ingredients.

Dec 2008, small-scale teambuilding activitieswere organised in North China, East Chinaand South China, to encourage colleaguesto unite in the face of challenges in 2009.

Feb 2009, key clients were invited to HongKong for the horseracing event JebsenCentenary Vase, further strengthening therelationship with the clients. Meanwhile, theBeijing branch was officially established.

Late Feb 2009, preparations were underwayto join the annual international food additiveexhibition - FIC 2009. It is the company’sfirst outing as an independent entity, andholds far-reaching significance in the currentdepressed market. An R&D Centre has been set up

for food ingredients applications.

Teambuilding activities wereorganised for regional staff, includinga bowling outing for North China.

Solar waterheater system

Solar watercollector system

Sister group GMA Garnet Group Managing Director Torsten Ketelsen has been namedErnst & Young Australian 2008 Entrepreneur of The Year in the Technology and EmergingIndustries category.

Mr Ketelsen has transformed the garnet activity into a profitable global mining, marketingand distribution business that is the world’s largest producer of industrial garnet, supplying50 per cent of the world’s garnet abrasive material.

Under his leadership, group sales for garnet rose multifold from 10,000 tonnes in the late80s to over 320,000 tonnes in 2007.

He has also developed other new applications and global markets for the product alongthe way including waterjet cutting, denim blasting and building facade restoration.

In accepting the prestigious award, he said, “Our achievements at GMA are always the resultof a concerted effort by so many dedicated people around the world who, along with me,will be spurred on further by such recognition.”

The children sang some songs and performeda flower dance for the visitors.

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SISTER COMPANY VISITS SPONSORED SCHOOLSFOR PLANTATION CHILDREN

TORSTEN KETELSEN IS ENTREPRENEUROF THE YEAR Darren How

Mr Ketelsen has transformed the garnetactivity into a profitable global mining,

marketing and distribution business.

Eager eyes peered through the classroom door as the group ofvisitors walked in.

In unison, the children, in perfect English, greeted sister group Jebsen& Jessen (SEA) Chairman Heinrich Jessen and General Manager forOperations Jakob Helms of member company JJ-Lurgi Engineering.

Neatly dressed in yellow and green uniforms, these children lookedlike ordinary students. They are in fact the most fortunate onesamong thousands of plantation children, being given the opportunityto attend a school established by Humana/Borneo Child Aid Society,a non-profit organisation based in Sabah, Malaysia.

JJ-Lurgi Engineering has been supporting two schools at Nam HingEstate and Madai, near Tawau since 2006 with a yearly contributionof RM36,000.

During the two-day visit from Feb 24-25, Mr Jessen and Mr Helmsalso went for a graduation ceremony in Madai, a short visit to aschool in Balung Eco Plantation and a boat trip from Semporna toBumbum Island to witness a new school under construction andlearn more about the people and children in the island.

To date, there are 105 schools with some of the schools locateddeep inside the oil palm plantations, providing basic education toabout 8,000 students comprising local children without legaldocuments and stateless children of Indonesian and Philippine origins.

"Without such efforts, they would have had nothing but poverty insight and I personally feel pleased and proud that we can be partof such efforts," said Mr Helms.

General Manager Jakob Helms (left)handing over the sponsorship cheque.

“Three Mackerels”, anextensive publicationdepicting the history ofthe Jebsen Group and thevarious businessesestablished worldwide,was launched during thecentenary celebrations.

About Jebsen GroupWhat started over a hundred years ago as a general trading company has now evolved into a focussed marketing and distribution organisation, deeply embedded in the industriesand markets it serves. With a unique long established presence in China, Hong Kong, Macau, Taiwan and Korea, the Jebsen Group offers local market access with a high degreeof specialisation and knowledge to companies from around the world. From a broad spectrum of consumer, industrial, beverage and luxury products, Jebsen is responsible forbringing unparalleled quality to the regional markets, adapting to the rapidly changing business landscape in East Asia. Outside the region, the Jebsen Group enjoys close tieswith sister companies in Australia, Bangladesh, Singapore, Malaysia, Indonesia, Thailand, Philippines, Vietnam, Denmark, Germany, Saudi Arabia, Sri Lanka, United Arab Emiratesand the United States.

www.jebsen.com

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From left to right:Rudi Kardel,

Heidi Tang,Therese Busch,Helmut Lührs,

Marita Brenker,Renate Lührs andWerner Brenker.

The centenary celebrations took placeat the Great Hall of the historicHamburg Stock Exchange.

The 100th anniversary of sister groupJebsen & Jebsen Hamburg was celebratedin great style at the Great Hall of thehistoric Hamburg Stock Exchange onJan 23 this year.

In 1909, Jebsen & Jessen Hamburg wasestablished to coordinate trading activitiesbetween Europe and China. Today, it isprimarily active in the textile, consumerhardware and chemical industries as wellas the garnet abrasive business.

Amongst more than 400 guests werecommunity leaders, business partners,colleagues and their spouses from threecontinents spanning from Europe and Asiato Australia.

The highlights of the event included theappearance of Mr Ole von Beust, the FirstMayor of the city of Hamburg who is in therank of a state prime minister. The FirstMayor congratulated the company in a verypersonal speech.

During the evening, Beijing acrobats dazzledthe audience with a glamorous and daredevilshow. A stylish big band performanceconcluded the centenary celebrations.

“Warmest congratulations to all colleaguesfrom Jebsen & Jessen and warmest wishesfor rewarding times ahead,” said Jebsen &Co Chairman Hans Michael Jebsen.

SISTER GROUP REACHES100-YEAR LANDMARK

Mr Hans Michael Jebsen (left) in conversation withMr Ole von Beust, Hamburg’s First Mayor (right),

as Mr Wolfhart Putzier, Managing Partnerof Jebsen & Jessen Hamburg looked on.

RETURN OF FAMILIAR FACES

Members of the old guard of Jebsen & Co visitedHong Kong before Christmas last year. The chorusline consists of the following former executives:

• Rudi Kardel who served between 1956-1962and 1971-1981 both in China and Hong Kong

• Helmut Lührs from 1965-1998• Werner Brenker from 1969-2004

A cheerful smile from thoroughbred Jebsenstalwarts, their spouses and friends.