KMB Included as a Constituent Member of the FTSE4Good Global Index

Hong Kong, 24 June 2004 - Kowloon Motor Bus Holdings (KMB) has been included as a constituent member of the FTSE4Good Global Index in its 2004 FTSE4Good Semi-Annual Index Review.

The FTSE4Good Global Index is one of a series of socially responsible indices launched by the FTSE Group in 2001. It provides socially responsible investors with the opportunity to gain exposure to companies that meet globally recognised corporate social responsibility standards. The indices have been designed to apply criteria to identify companies that are working towards environmental sustainability, developing positive relationships with stakeholders, and upholding and supporting universal human rights.

Mr John C C Chan, Managing Director of KMB, said, "We are very proud that KMB has been included as a constituent member of the FTSE4Good Global Index. It sends a powerful message to investors and other stakeholders about KMB's commitment to responsible business practices, such as the management of social and environmental risks. Being a member of the FTSE4Good Global Index demonstrates that KMB has policies and management systems in place to help address these risks."

KMB is committed to conducting its business in an environment-friendly manner. Various environmental protection procedures are implemented in its depots, offices and fleet operations.

The Group's concern for the community has been demonstrated by its active participation over many years in a wide range of community programmes and charitable activities. As a responsible corporate citizen, KMB continues to make contributions to society through providing assistance to young people, the elderly, the handicapped and people in need.

The FTSE4Good Index series provides investors and companies with a single measurement standard for socially responsible investing. Since 2001, over 250 companies have entered the FTSE4Good Index, and KMB is the only public bus company in Hong Kong included as a constituent member in the Global Index.