RNS Number:7453Q
Prince Catering & Mgmnt (Overseas)
06 February 2007



                Prince Catering & Management (Overseas) Limited
                          ("Prince" or the "Company")


            Prince continues expansion with new restaurant in Yulin


February 6, 2007: AIM-quoted Prince Catering & Management (Overseas) Ltd has
opened another luxury restaurant as a further step in its continuing programme
to expand the Prince brand across mainland China.


The new Yulin Prince Hotpot Restaurant at Yulin in Shaanxi Province brings to 15
the number of outlets now managed by Prince.


Chinese spending on dining out is expected to have reached US $68 billion during
2006.


Prince now manages restaurants in 14 cities across the country from Hong Kong in
the south to Xi'an, also in the northern province of Shaanxi.


In line with Prince's strategy, the 550-seater Yulin Prince Hotpot aims to cater
for business professionals and groups from the middle and upper classes.
Specialising in high-quality seafood hot pot as well as Prince's traditional
Cantonese cuisine, it includes 39 luxury private dining rooms and covers 2,500
square metres.


Prince Chief Executive Guangfan Mai said: "We are delighted to be able to
announce this latest opening. Our success with the new Yulin Prince Hotpot
reflects the continuing strong demand for the kind of elegant, luxury offering
we have developed".



Prince which admitted to trading on AIM in August 2006, also operates a hotel
and health club in Xi'an, and has signed a management contract to operate a
second hotel in Beijing.



For further information contact:


David Youngman, W H Ireland Ltd:                          +44 (0) 7900 887 142
Allan Piper, First City Financial Public Relations:       +44 (0) 20 7436 7486
Jiang Lei, First City Financial Public Relations:         +85 2 6419 2915
                                                          +86 138 0800 7147






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCBLGDDIXGGGRU

Prince Catering (LSE:PRNC)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Prince Catering Charts.
Prince Catering (LSE:PRNC)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Prince Catering Charts.