2005 Jan 10
AEON Stores (Hong Kong)

AEON Stores Named by Asiamoney as Regional "Best-Managed Company"

(HONG KONG, 10 January 2005) -- General Merchandise Stores ("GMS") operator AEON Stores (Hong Kong) Co., Limited ("AEON Stores" or the "Group") (Stock code: 984) is pleased to announce that it has been named a "Regional Best-Managed Company" (small-cap) in Asiamoney's 13th Annual Best-Managed Companies Poll.

Asiamoney is a leading financial magazine covering the financial and corporate world in Asia. Companies were evaluated according to their performance in seven areas, namely corporate strategy, financial management, operational efficiency, investor relations, focus on shareholder value, annual reports and web sites. Leading fund-management firms, hedge funds and brokerages in the Asia-Pacific region were invited to cast their votes. The polls are recognised as the most prestigious and accurate measure of excellence for companies in the Asia-Pacific region (including Australia and Japan).

Mr. Kazumasa Ishii, Managing Director of AEON Stores, said, "We are very honoured that investors have high regards for the Group's efforts and competence in corporate strategy and business management. The award recognises our success as an enterprise with focused business strategies, quality investor relations and excellent financial performance. I would like to take this opportunity to thank our dedicated colleagues for helping the Group to achieve this unparalleled success."

About AEON Stores
AEON Stores was listed on the Stock Exchange of Hong Kong in 1994. The Group is engaged in the operation of General Merchandise Stores (GMS). Currently, it operates 7 GMS and 7 independent JUSCO $10 Plaza in densely populated residential districts in Hong Kong and 8 GMS in South China.

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About AEON Stores
AEON Stores was established in Hong Kong in 1985 and listed on the Hong Kong Stock Exchange in 1994. The Group is mainly engaged in the operation of general retail businesses (General Merchandise Stores and Independent Supermarkets). Currently, it operates 10 GMS, 2 independent supermarkets, 31 independent Living PLAZA by AEON, 31 independent Daiso Japan, 4 Mono Mono, 4 KOMEDA'S Coffee and 1 JELYCO DO By KOMEDA'S Coffee in densely populated districts in Hong Kong. It also operates 21 GMS and 17 independent supermarkets in Guangdong Province, the PRC.

For more information：
AEON Stores (Hong Kong) Co., Limited
Corporate Communication Department
Tel.：（852）2165 0777
Email：aeonpr@aeonstores.com.hk