( Hong Kong, 17 March 2006 ) Synergis Holdings Limited ("Synergis" / the "Group") (stock code: 2340) announced its new Joint Venture with Beijing GoldenNet Property Management Co., Ltd. ( 北京金網絡物業管理有限公司 ) . The new Joint Venture company, Synergis Goldennet Property Management (Beijing) Co., Ltd ( 新昌金網絡物業管理 ( 北京 ) 有限公司 ) , is established to provide professional and quality property and facility management services to A-Z Town in the Central Business District (CBD) of Beijing.

Regarding as the ‘Landmark of Beijing City', A-Z Town is a large-scale commercial complex jointly developed by Beijing Capital Land Ltd. and GIC Real Estate Pte. Ltd, integrating mid-end to high-end residential community adopting the first HOPSCA (hotels/offices/parking/shopping/conventions/apartments) design concept with comprehensive facilities such as theme park, deluxe club house, school and shopping mall. Located on Eastern Cheng On Street and Chaoyang Road, A-Z Town is a distinctive low-rise residential area consisting of over 400,000 sq. m. The nearby major highways and underground subway make it to be the comprehensive transportation hub to airport, central commercial centres and other districts of Beijing in a speedy manner.

Characterized as an energetic, modern and metropolitan low-rise residential community, Synergis has commenced personalized and professional comprehensive services to A-Z Town. A series of diverse home services and "Residential Leisure Club" with the theme of "I love A-Z Town" are implemented to fulfill the high standard requirements and expectations of the residents in the aspects of living, leisure and entertainments.

Leveraging on the professional brand image, international property management approach, proven track records and excellent brand reputation, Synergis can provide quality property and facility management services to A-Z Town, which eventually enhances the investment return of the property market sales, and leading to the best social and economic benefits as thought by the developer.

Mr. C H Fan, Managing Director of Synergis Holdings Limited commented, "With over 28 years of experience in the industry, Synergis is committed to providing quality property and facility management services to clients ranging from governmental bodies to property developers, incorporated owner organizations, multinational corporations and other large corporations in Hong Kong and the Mainland, and has also received numerous high profile awards for its outstanding service performance. The formation of th is new joint venture and provision of management services to A-Z town enable Synergis to further expand its management portfolio in the Central Business District (CBD) of Beijing, and ultimately strengthen our foundation and confidence in developing business in the Mainland."

"With the continuous commitment and dedication in the past years, Synergis has established a solid foundation in the Mainland. Through a Joint Venture with Shui On Group ( 瑞安集團 ) at the end of 2003, Synergis has been providing property and facility management services to several high class projects in Shanghai, including Corporate Avenue ( 企業天地 ), Shui On Plaza ( 瑞安廣場 ), Lakeville ( 翠湖天地 ) and Rui Hong Xin Cheng ( 瑞虹新城 ). Under Synergis' management, the Corporate Avenue ( 企業天地 ) was named as the "National Best Managed Building" by The Ministry of Construction in the Mainland of China in Year 2005 as a recognition of Synergis's effort over the years." Mr. Fan concluded.