Kuber Resources Corp (KUBR)

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CWTD China World Trade Corporation Reaches All Time High for Temporary Office Rental in WTC Guangzhou
PR Newswire - March 14, 2006 8:30 AM (EDT)

Occupancy Rate at 100% Capacity

GUANGZHOU, China, March 14, 2006 /Xinhua-PRNewswire via COMTEX/ -- China World Trade Corporation (OTC Bulletin Board: CWTD) today announced that the Company has achieved 100% occupancy rate for temporary office rentals in its subsidiary World Trade Center Club in Guangzhou, China ("WTCGZ") for March 2006, 20% higher than that of March 2005.

Since its incorporation, WTCGZ has been offering temporary leasing space in Tianhe District, a rapidly booming business district in Guangzhou. WTCGZ now offers 36 temporary office rentals and houses 25 tenants including world renowned companies that have strong international presence, most of which have committed to a one-year lease term agreement. Tenants at the World Trade Center Clubs receive priority to participate in seminars, lectures, and events hosted by the World Trade Center.

"This is the first time that WTCGZ has achieved a record occupancy in its temporary office rentals since its incorporation," said Mr. William Tsang, President of CWTC, "We have been advancing in great strides and are pleased with the results we generated to creating a business community in Southern China that facilitates business networking. We are committed to acquiring new tenants to support and grow our business services further and have the necessary positioning in place to accelerate the Company's growth in operational goals to enhance shareholder value. Given the intense competition in the rental market, WTCGZ remains dedicated to winning more anchor tenants."

A recent research of Hopefluent Real Properties (http://www.hope168.com/intro.do?pview=2) reveals that Tianhe District represents 41% share of the rental market in Guangzhou, making it one of the most active district in Southern China. The average occupancy rate of grade A offices in Guangzhou central district reached 90% in 2005.