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Press Release

January 14, 2014

Wharf Unveils its Chengdu International Finance Square Setting a New City Landmark in China West Bringing Hundreds of

World-Renowned Brands to China’s “New First-tier” City

(January 14, 2014 Chengdu) The Wharf Holdings Limited today announces the official opening of

the integrated commercial real estate flagship, Chengdu International Finance Square (Chengdu

IFS), officiated by senior management of the Group in Chengdu, Sichuan.

Established itself as a new city landmark in the western China, the mall also kicked off its giant

panda art and charity crossover project to raise awareness of protection of pandas.

International Finance Square (IFS) is Wharf's flagship commercial real estate brand and is

developed based on the long-established Harbour City in Hong Kong. Chengdu IFS which opens

today marks the first of the five IFS projects being developed by the Wharf Group in the mainland

China.

Chengdu IFS is located on Hongxing Road, a core commercial district, with a total investment

exceeding 16 billion RMB. A total of 760,000 square meters of area covers a flagship shopping

center, Grade-A office buildings, a five-star hotel and high-end service apartments.

A city within a city- To become the new fashion landmark of the western China.

Chengdu is one of the fastest growing city of economic development in China. According to

Forbes, Chengdu ranked 3rd on the highest expenditure on luxury goods chart in 2012, trailing

closely after Beijing and Shanghai. It also tops China's "new first-tier cities" chart by virtue of its

unique commercial attraction, and known as the "4th fashion city in China". The leading fashion

consumption sense and strong consumption power of Chengdu people have supported many

high fashion brands' Chengdu sales performance across China or even worldwide.

“Taking advantage of Chengdu's rising importance, Chengdu IFS’build and Wharf’s

experience in retail management, we have received great response from world renowned brands

and sizable tenants to make a presence in Chengdu with Chengdu IFS,”said Ms Doreen Lee,

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Executive Director, The Wharf Holdings Limited. “We are thankful for our business partner’s

trust and support.”

The current highest rent of the first floor has reached RMB1, 800/square meter a month, we are

confident that store rent alone would contribute to the Group an annual income of RMB500

million.

“It's time” for famous brands to come to Chengdu IFS which welcomes the opening of

international luxury brands such as Louis Vuitton, Chanel, Prada, Dior & Dior Homme, Bvlgari,

Tiffany&Co, Van Cleef & Arpels, etc., In fact about 90 famous fashion brands including Chanel,

Giorgio Armani, Christian Louboutin, Balenciaga, Valentino, Tom Ford, Roger Viver, Paul Smith, Van

Cleef & Arpels, Boucheron are opening their very first stores in Chengdu or even the whole

mid-western China. Famous boutique store Lane Crawford is also opening its brand new store in

Chengdu today. On the lifestyle front, there will be the UA IMAX movie theatre, Great

supermarket, Page One book store, real ice skating rink opening soon. All this has made

Chengdu IFS "a city within a city” for shoppers.

The unrivalled position of Chengdu IFS has attracted many famous brands. Not only has it

become the new commercial real estate flagship in Chengdu, it will also bring profound revolution

to Chengdu's commercial marketplace and consumption pattern for luxury goods. By virtue of

the brand categories, tenant mix and comprehensive service that is comparable to Harbour City,

Chengdu IFS will further speed up the area's globalization and fashion impact, and unlift Chengdu

as well as the rest of western China in both commercial and fashion areas.

Let's celebrate together! Art essence drives crossover charity.

Inheriting the Group’s corporate social responsibility philosophy, Chengdu IFS is launching an art

and charity crossover event that will attract worldwide attention. Chengdu IFS has collaborated

with world-renowned artist Lawrence Argent to build the unprecedented outdoor giant panda art

installation in Chengdu, to raise public awareness of the protection of pandas.

The world's biggest 15-meter tall outdoor giant panda with the theme of "I Am Here" has been

installed for Chengdu IFS. Currently clinging to the exterior of Chengdu IFS, the gigantic panda

has not only drawn both city wide and international attention.

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To further arouse public interest, 20 renowned celebrities and trendsetters including Maggie

Cheung, Jennifer Du, Yue Minjun, Yohji Yamamoto, Paul Smith, Pharrell Williams, Alber Elbaz,

Sarah Andelman, Huang Xiaoming, Zhou Xun, Ashin & NO2GOOD, Pang Ho-Cheung, Show Lo,

Nicola Formichetti, Aaron Kwok, Zheng Jie, Carina Lau, NIGO, D*Face and PHSHA T, are invited to

design their unique panda sculptures, with portraits taken by world acclaimed Asian

photographer Leslie Kee and famous creative consultant Sean Kunjambu. The 20 panda

sculptures will be publicly auctioned at Chengdu IFS with the proceeds to be donated to China

Conservation and Research Centre for the Giant Panda.

Chengdu IFS will open an antiquity plaza on the first floor, as well as a sculpture garden and an art

gallery on the 7th floor. The gallery will feature works from Zhou Chunya, He Duoling, Zhao

Nengzhi, Jiao Xingtao, Mo Yixin, Kumari Nahappan, Seon Ghi Bahk, and many other world

renowned leading artists, which will not only make Chengdu IFS a fashion spot featuring

cutting-edge art and culture essences, but also bring to the locals more amusement and art

experiences besides shopping.

Please click the following links for the video of the Opening Ceremony:

http://www.allrights-reserved.com/~download/antony/IFS1080p/IFS_opening_morning_1080p.mov OR http://v.youku.com/v_show/id_XNjYxNTg2NTY0.html

Please click the following link for the video of the installation of 15-metre-tall giant panda at

Chengdu IFS：

http://www.allrights-reserved.com/~download/antony/panda_installation_main.mov

Please click the following link for the video of the photoshooting for the 20 panda sculptures with

celebrities:

http://www.allrights-reserved.com/~download/antony/panda_shooting_MKof.mp4

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Here are the photos of the Opening Ceremony:

http://www.wharfholdings.com/file/140114_CDIFS_1.jpg

http://www.wharfholdings.com/file/140114_CDIFS_2.jpg

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http://www.wharfholdings.com/file/140114_CDIFS_3.jpg

http://www.wharfholdings.com/file/140114_CDIFS_4.jpg

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http://www.wharfholdings.com/file/140114_CDIFS_5.jpg

http://www.wharfholdings.com/file/140114_CDIFS_6.jpg

-END-

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Chengdu IFS

Chengdu International Finance Square (Chengdu IFS) occupies the most coveted location within

the Chunxi Road’s core business district in the heart of Chengdu. It is at the intersection of the

city’s two main bustling arteries: Hongxing Road and Dacisi Road. With overall gross floor area

exceeding 760,000 square metres, Chengdu IFS is a landmark development: not only is it the

leading integrated complex in the central business district of western China, it is also one of the

most popular one-stop-shop flagship high-end retailing landmarks. Costing over RMB16 billion,

Chengdu IFS is the first flagship project in Mainland China by The Wharf (Holdings) Limited

(established in 1886. Code at the Hong Kong Stock Exchange: 4.) Chengdu IFS complex has been

conceived to be a “City within the City”. It consists of flagship shopping mall, Premium Grade-A

office buildings, five-star hotel, and luxury residential.

The Wharf (Holdings) Limited

Established in 1886, The Wharf (Holdings) Limited is a listed subsidiary of Wheelock & Company

Limited. Wharf’s strategic business focus is on property development, including land acquisition,

financing, project development, design, construction and marketing and promotion. Wharf has

unparalleled expertise in the management of shopping malls in Hong Kong. Harbour City and

Times Square are in the group’s prized portfolio of properties. Advancing its longstanding

mission of “Building for Tomorrow”, Wharf focuses its resources and expertise on developing

prime real estate projects in Mainland China spanning a dozen of Chinese cities. Wharf has firmly

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established a reputation as the developer for premier landmark projects, including Wheelock

Square in Shanghai and the various Times Square projects in Chongqing, Dalian, Shanghai and

Wuhan. Currently underway is the construction of five IFS projects in Changsha, Chengdu,

Chongqing, Suzhou and Wuxi, which are based on the successful model of Harbour City in Hong

Kong.

About Lawrence Argent

Preeminent artist Lawrence Argent has captured public imagination and become a household

name in the United States with his mega public art installations “I see what you mean” and

“Leap”. Invited by Chengdu IFS, Argent has embarked on his first gigantic outdoor art

installation project in China. With China's beloved giant panda as the theme, Argent has created a

15-metre tall giant panda outdoor art installation named “I am here”. This will be the largest

outdoor art installation ever in the artistic creation history of Chengdu, the home of giant pandas.

On public display at Chengdu IFS, this art installation enables visitors to explore the giant panda's

world of wonder and appreciate the significance of the peaceful coexistence of a human society

and giant pandas.

The artist Lawrence Argent has imbued in his giant panda art installation with significant

substance and a profound meaning beyond the creature's status as the symbol of Sichuan and

China. By christening his 15-metre tall, 13-tonne colossal creation “I am here”, Argent conveys

double meaning: he not only aims to provoke our thought about our own existence through this

art installation, the artist also wants us to reflect on the growing prosperity of the city. The giant

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panda art installation reminds us that we should not neglect the care for the giant pandas, which

share the same planet earth with us all amidst rapid commercial development. The giant panda

art installation will be shown in Chengdu International Finance Square on Hongxing Pedestrian

Street which is bond to arouse the attention of all over the city.

Giant panda Rescue and Disease Control & Prevention Center in Dujiangyan

Giant Panda Protection and Research Center of China was founded in 1980, which was established

by the Chinese government cooperating with WWF. The earthquake reconstruction of research

center is centered in Wolong, there are 3 bases including Wolong base, Bifengxia base and the

disease control center of Dujiangyan forming “one center, three bases" pattern.

Giant Panda Rescue and Disease Control & Prevention Center in Dujiangyan was provided

assistance by Hong Kong SAR government as a landmark projects for Wolong nature reservation,

which located in the town of Qingcheng mountain in Dujiangyan, the total construction area is

about 12,542 square meters. Giant Panda Rescue and Disease Control & Prevention Center

inDujiangyan is a nonprofit scientific base for giant panda rescue, disease prevention and control.

The main research is giant panda care, disease prevention and control, quarantine and transfer,

which is one of the biggest centers for giant panda rescue, disease control and prevention. It

provides good treatment and living space for giant panda release. Meanwhile, it also can offer a

special rehabilitation for old giant panda base, greatly improved animal welfare protection of old

giant panda.

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About AllRightsReserved

AllRightsReserved (ARR) is a Hong Kong-based creative studio established in November 2003,

always reaching out to wherever creativity springs. In 2013, our recently curated “Rubber Duck

Project - HK Tour” attracted international attention with overwhelmingly positive feedback. ARR

is also involved in the curation, planning and creative direction of various exhibitions that

introduce all-new experiences. Major projects include five Hello Kitty Exhibitions in cooperation

with SANRIO, "100 Years before the Birth of Doraemon", and "WE PRINT ORIGINALS”, the first

large-scale 3D scanning and printing exhibition in Hong Kong, in collaboration with ADIDAS

ORIGINALS.

ARR actively engages in various creative exchanges, such as art directing filmmaker Johnnie To's

contribution to "Nuit Blanche 2008" in Paris and directing the short film commemorating the 60th

anniversary of the People's Republic of China. ARR's deep passion for design initiates

collaborations from around the world, extending creative synergy internationally and across

disciplines. Solo exhibitions have featured Japanese avant garde artist Yayoi Kusama, American

artist KAWS and Chinese contemporary artist Yue Minjun.