MALAYSIAN GRAND PRIX 2OO2

H2O SPORTS SDN BHD

Kuala Lumpur, Malaysia - January 12th, 2002

The MINES Resort City has been selected as the venue for the U.I.M Formula 1 Powerboat World Championship Malaysian Grand Prix 2002. The decision has been made after the inspection by the homologation team from Union Internationale Motonautique (UIM) on the proposed area.

A homologation team headed by Mr. Jose Rafael Jesuita of UIM; Mr. Nicolo di San Germano, the International Promoter of F1 Powerboat; Mrs Lavinia Sanzovo Cavallero of Idea Marketing SA and companied by Dato-Yahya A. Jalil, Managing Director of the local organiser H2O Sports Sdn Bhd has done an assessment to inspect on the technical requirement such as water depth, water base, safety, logistic and the circuit.

Malaysian Grand Prix 2001, which was held at Tanjung Puteri last year, has attracted more than 200,000 spectators throughout 3 days event, which has set new standard of the World Championship. The exposure has put Malaysia onto the world map and international event calendar and has been adjudged the Best Organiser of the UIM Formula 1 Powerboat World Championship for the year 2001.

The MINES Resort City with the consent from Tan Sri Lee Kim Yew has been given an honour to host the 8th leg of Powerboat World Championship on 17-18 August 2002. Being the venue for the championship will definitely put The MINES Resort City in the world map from the biggest open mines to the biggest man made lake that can accommodate a world class water sports event such F1 Powerboat.