December 2000 � Century Inn North Point is scheduled to open on 5 January 2001 and is targeted at budget travellers coming to Hong Kong. With its distinctive yellow ochre and blue modern exterior, Century Inn North Point is set to be a recognizable landmark in North Point, a fast developing commercial district on Hong Kong Island.  This 31-storey budget hotel has 210 very compact rooms and suites with some rooms offering views of Victoria Harbour. Satellite TV, coffee / tea-making facilities and in-room safe are available in all the rooms. The hotel will feature an outdoor pool, a Business Centre and a café restaurant. Business, shopping and commercial districts are easily accessible with the MTR just a minute walk away and buses, trams and ferry pier nearby.

�We believe that North Point as a location has great potential and certainly for a budget hotel that is clean, practical and truly offering comfort and value,� remarked Mr. Brian Deeson, President and Chief Executive Officer of Century International Hotels.

Neighbouring business, shopping and commercial districts are easily accessible with the Mass Transit Railway just a minute walk away and buses, trams and ferry pier nearby. There will be regular shuttle bus service to the business districts of Quarry Bay and TaiKoo Shing.

Century Inn North Point is Century International Hotels� fourth property in Hong Kong. The other three properties under management in Hong Kong include the 516-room Century Hong Kong Hotel in Wanchai, the 282-room Century Harbour Hotel in Western District, and the Headland Hotel at Chek Lap Kok on behalf of Cathay Pacific Airways. Century International Hotels currently manages 21 hotels and resorts in seven Asian countries; Hong Kong SAR, Malaysia, Indonesia, the Philippines, China, Vietnam and Singapore.