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5 November 2005

Everyone Gains
Octopus Rewards Grand Launch
Now You Can "DooDTMn' Gain" for ECSAF


Octopus has since 1997 focused on making Hong Kong people's lives easier. Through the establishment of Octopus Rewards Limited, Octopus will introduce a brand new programme, Octopus Rewards, on November 6. It is by far Hong Kong' s most convenient rewards programme.

Octopus Rewards is a novel rewards programme. With a single registration of their Octopus, Hong Kong residents can earn rewards at leading Hong Kong merchants regardless of the payment means. So whether paying by cash, credit card, EPS or Octopus, a simple DooD of the Octopus will earn rewards. The rewards can then be redeemed at the next purchase without the need to wait, fill out redemption forms or go to inconvenient redemption centres. It's all free and as easy and convenient as DooDn' Gain.

At the launching ceremony held on 5 November, at the World Trade Centre in Causeway Bay, Mr. Eric Tai, Chairman, and Mr. David Roper, Managing Director, of Octopus Rewards Limited, were joined by top executives from leading Hong Kong merchants and pop star Hacken Lee to inaugurate and introduce the programme and encourage all Hong Kong people to participate in Octopus Rewards to benefit the local charity, "End Child Sexual Abuse Foundation".

"There are a wide variety of rewards programmes in the market but they mostly are run at a very high cost to the merchant and are inconvenient for the consumer" said Mr. Eric Tai, Chairman of Octopus Rewards Limited. "Octopus intends to make earning rewards simple and convenient so everyone in Hong Kong can participate and benefit."

Consumers simply complete a short registration of their existing Octopus to begin enjoying the programme benefits. When shopping at merchants displaying an Octopus Rewards logo, consumers can simply DooD their Octopus for rewards to be stored instantly to the card. When consumers want to redeem rewards at participating merchants they simply ask for part or all of the purchase to be provided for free from the rewards in the card. Each registered Octopus can store up to 1,000 rewards.

"Among the greatest benefits of Octopus Rewards is the fact that cardholders can accumulate rewards no matter what payment means they use," said Mr. David Roper, Managing Director of Octopus Rewards Limited. "Rewards can be earned and redeemed instantly across industries without having to carry or apply for any additional card. And the variety of participating merchants means that consumers can enjoy a large rewards base while enjoying their everyday shopping and entertainment."

At the same time, participating merchants can offer tailor-made discounts or special offers to their consumers without having to introduce any new CRM programme, technologies or rewards systems. They can then enhance their long-term relations with consumers, expand into new markets and overall, increase their competitiveness at a relatively low cost.

"DooDTMn' Gain" Anytime at a Variety of Merchants
The pioneers in joining Octopus Rewards are leading Hong Kong merchants HSBC, UA Cinemas, Watsons Your Personal Store and Wellcome. McDonald's is also scheduled to join in the very near future. Each participating merchant will provide consumers with tailor-made offers and privileges. Consumers can refer to Octopus Rewards merchants' websites and their promotional materials for details.

During the promotional period from 6 November to 5 December 2005, Octopus cardholders who have not yet registered with Octopus Rewards can enjoy earning rewards when making purchases at UA Cinemas, Watsons Your Personal Store and Wellcome. Consumers should watch for Octopus Rewards promotions in the press or online at www.octopusrewards.com.hk

Registration is Simple, Convenient and Quick via Post, Fax or Internet
It is fast and easy to register for Octopus Rewards! Everyone aged 12 and or above is entitled to register:

Option 1:
Sign up instantly at any Octopus Rewards Registration Station or Octopus Rewards Service Spot during the promotional period

Option 2:
Step 1 - Obtain a registration form from Octopus Rewards merchant outlets or via fax back service

Step 2 - Mail the completed form (free post), fax it to 3690-1111 or drop into a registration box located at selected participating merchant outlets

Step 3 - Activate the registered card at an Octopus Rewards Service Spot around 7 days
after submitting the completed registration form. The card is then instantly ready to enjoy programme benefits.

Option 3:
Cardholders can also sign up directly at www.octopusrewards.com.hk and activate the cards 2 days after registering online.

Call for the Whole City to Contribute to ECSAF
At the launch ceremony, Mr. Eric Tai and Mr. David Roper, together with pop star Hacken Lee and other officiating guests, activated a giant Octopus card which became the first card registered for Octopus Rewards, signifying the official kick-off of the programme starting from November 6.

Hacken Lee and the officiating guests also encouraged all Hong Kong residents to join an Octopus Rewards charitable campaign to set a record for the highest number of transactions in a day to contribute to a charity donation in Hong Kong. Residents can participate between November 6 and December 5 by earning rewards at participating merchants, Octopus Rewards Limited will then choose a single day from the campaign period with the highest number of transactions and donate 10 cents per transaction to the End Child Sexual Abuse Foundation.

Metro Broadcast, the ceremony co-organiser, also prepared a series of games and activities for the event that helped explain Octopus Rewards to guests and the public. To finish the ceremony in style, Metro Broadcast also arranged for a group of young pop artistes, including Stephanie Cheng, Yan Ng, Rammie Kwok, Krusty and Elise Liao to perform.

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About Octopus Rewards Limited
Octopus Rewards Limited is a subsidiary wholly owned by Octopus Holdings Limited. Established in 2005, Octopus Rewards Limited is fully responsible for the development and operation of the rewards programme, Octopus Rewards. With close collaboration with different merchants and high penetration of Octopus cards, Octopus Rewards offers all Hong Kong residents a simple yet beneficial rewards programme that everyone can enjoy. Rewards can be earned regardless of the payment means and redeemed instantly across industries without having to carry or apply for any additional card or fill in any redemption forms. It is all free and as easy and convenient as "DooDn' Gain".

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