Press Release

82% of tickets for the 2008 FORMULA 1â„¢ SingTel Singapore Grand Prix sold, but good seats still available

Singapore, 8 May 2008 - Since the launch of tickets for the 2008 FORMULA 1™ SingTel Singapore Grand Prix on 14 February 2008, Singapore GP has sold 82% of the tickets. To date, a total of 83,000 three-day walkabout and grandstand passes have been released, in addition to the total 13,000 corporate hospitality and Paddock Club seats.

Of these, the Stamford, Raffles and Marina grandstands are sold out while Turn 2, Turn 3 and the Esplanade Waterfront grandstands have very limited or single-seat availability. However, there are still a number of good seats available in the remaining grandstands namely; the Pit, Turn 1, Padang, Bay grandstands and the newly released Esplanade Steps and Singapore Flyer Promenade Premier Grandstands.

General tickets can be purchased via the official website, www.singaporegp.sg, ticket sales hotline (+65 6738 6738) or via the OmniTicket counters around the island.

About 2008 FORMULA 1™ SingTel Singapore Grand Prix

The inaugural 2008 FORMULA 1™ SingTel Singapore Grand Prix took place on 28 September 2008 on a street circuit of public roads around the Marina Bay area. The race was the first Formula One™ to be held at night, and the first Formula One™ street race in Asia. Over 100,000 spectators, a sell-out, capacity crowd, watched the Singapore Grand Prix trackside. Over 30 million TV viewers in the five main European markets of France, Germany, Italy, Spain and the UK, are estimated to have watched the live coverage of the race.

About Singapore GP Pte Ltd

Singapore GP Pte Ltd is the race promoter for the FORMULA 1™ SingTel Singapore Grand Prix. It holds five-year renewable rights to stage the Singapore Grand Prix, beginning with the 2008 Season. The company is a partnership between Komoco Motors Pte Ltd and regional events company Lushington Entertainments, via its parent company Reef Enterprises.