50 Years Commencing From 16 May, 2002

Vendor: MTR Corporation Limited (As “Owner”) 1 Cosmic Fortune Limited (As “Person So Engaged”) 2 Holding Companies Of The Vendor: Holding Companies Of The Owner : Not Applicable Holding Companies Of The Person So Engaged : (1) Myers Investments Limited (2) Wheelock Properties Limited (3) Seareef Holdings Limited Notes: 1 “Owner” Means The Legal Or Beneficial Owner Of The Phase. 2 “Person So Engaged” Means The Person Who Is Engaged By The Owner To Co-Ordinate And Supervise The Process Of Designing, Planning, Constructing, Fitting Out, Completing And Marketing The Phase.