Advanced consumption management system allows Towngas to enjoy
higher productivity and operational efficiency

Hong Kong - February 8, 2007 - SAP, world's leading provider of business software solutions, today announced that its mySAP Utility Solutions have been chosen by The Hong Kong and China Gas Company Limited (Towngas). Towngas has been using SAP’s enterprise resource planning (ERP) solution since 1999 and decided to extend the cooperation by introducing SAP's Consumption Management System (CMS) to enhance operational efficiency and to meet future business needs. The new system is expected to be fully implemented by the second quarter of 2008.

Towngas, a public utility company, has to handle millions of bills every month. With mySAP Utility Solutions in place, the company can establish a seamless operational flow which will enhance overall productivity and efficiency, as well as help meet future business expansion needs.

"SAP solution will enhance our operational efficiency, help achieve long-term business growth, and will ultimately benefit our customers, employees and shareholders," said Alfred Chan, Managing Director, Towngas. "We believe CMS can help improve the company's overall productivity by better utilizing our resources. This new system can also benefit our customers through faster transmission of accurate data which aligns with our mission of providing efficient customer service and improving people's quality of life. Our shareholders will also be pleased to see the reduction in operating costs and enhanced efficiency."

James Kwan, JP, executive director and chief operating officer of Towngas, is confident that the extended cooperation with SAP can bring Towngas a sound and stable billing platform.

"SAP is experienced in providing business solutions to the public sector. Towngas has been using our ERP solution since 1999 and the additional deployment of our utility solution will provide Towngas with a smooth operation system platform that is more stable and performs better," said Klaus Zimmer, president and CEO, SAP North Asia.

Jack G. Hogan, partner, Accenture Australia Ltd. said, "As the system integrator of this large scale project, we are very excited and look forward to its successful deployment. We will work closely with SAP to bring the best practice to Towngas to raise its competitiveness."