TEDA Travel Group Named as Exclusive Agent for Nationwide Ticketing System in China

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System to Help Facilitate Sales of Olympic Event Tickets

HONG KONG, Feb. 1 /Xinhua-PRNewswire/ -- TEDA Travel Group, Inc. (BULLETIN BOARD: TTVL) announces that its wholly owned subsidiary TEDA (Beijing) Hotel Management Co. Limited was named as the exclusive agent for CMTS Ticketing Systems (Holdings) Limited (''CMTS'') for all 3- to 5-star hotels in China.

Incorporated in Beijing, PRC in 2000, CMTS Ticketing is the only ticketing system provider in China capable of providing nationwide ticketing for sporting and other venue-based entertainment.

Godfrey Hui, CEO of TEDA Travel Group stated, ''Our affiliation with CMTS allows us the exclusive right to solicit orders to install this ticketing system in all 3- to 5-star hotels throughout China. This includes our corporate owned and managed hotels. In return we receive a variable monthly commission.'' CMTS supplies a ticket-printing machine that cost less than $500 and a PC terminal with broadband connection.

CMTS is jointly owned by China Movies Bureau, and through this relationship over 70% of the cinemas in China have installed the same systems to sell movie tickets. The sophisticated ticketing system has been so well received by the movie industry that installation of the system is now required for all cinemas in China if they want to show first-run movies.

''This is an excellent ticketing system, designed to address the increasing mobility of people in China,'' continued Mr. Hui. ''As an example, our hotel guests can buy a ticket in Tianjin for a football match to be held in Shenzhen, or tickets in Shanghai for a concert to be held in Beijing. This can increase our value-added services to our guests significantly, now and in the future.''

With the 2008 Olympics games coming, this exclusive right can become a tremendous resource to TEDA Travel Group, and a massively convenient means to help serve the demand for tickets during the Olympic games in Beijing.

Baoqing Ye, General Manager of CMTS stated, "Our affiliation with TEDA Travel Group avails ourselves to increase our points-of-presence quickly. Hotels are among the best venue to sell our tickets. We believe the combination of our technology and the widespread influence of TEDA Travel Group in the hotel industry will prove to be a win-win solution for all."

About TEDA Travel Group

TEDA Travel Group is the only full service Chinese travel and real estate service company public traded on U.S. markets. Currently, TEDA Travel Group is providing management services to hotels and resorts throughout China. In addition to its property management division, TEDA Travel Group also owns the largest Timeshare operation in China as well as a portfolio of real estate investments. Leveraged on its existing core businesses and the brand name ''TEDA,'' one of most recognized names in China, TEDA Travel Group intends to become a market leader in the fast growing Chinese travel and real estate services industry.

Safe Harbor Statement

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.

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