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Gammon Wins Luk Hoi Tong Building Redevelopment Contract

Gammon Construction Limited has been awarded a HK$333 million contract to redevelop the Luk Hoi Tong Building in Central. The construction works will commence by the end of 2009 and be completed in mid 2011. A work force of nearly 300 will be engaged at the peak construction period.

Located at 31 Queen's Road Central, the site was originally occupied by the old Queen's Theatre in 1925 and was later developed into an office cum cinema building in 1961.

The new development will comprise a 28-storey mixed office and retail tower with a gross floor area of 21,000 square metres, spreading over 21 floors of office, two levels of mechanical floor, a three-level podium retails, a basement floor and two dining floors.

Commenting on the award of the contract, Thomas Ho, Chief Executive of Gammon said, "We are particularly delighted that our technical competence and excellent quality have enabled us to win this prestigious contract. We are fully committed to the challenges ahead and are confident that we will deliver a development of the highest quality, while maintaining vigorous safety standards," adding that the development will also aim to meet the most stringent requirements of Hong Kong's Building Environmental Assessment Method (BEAM).

Gammon has been contributing to the development of the Central Business District and has completed more than 15 prestigious buildings in Central over the years.

Issued by the Corporate Communications Department of Gammon Construction Limited. For further information please contact:

Candy Chan Tel: + 852 2516 8733