Modern Beauty Accredited as `Asia's 200 Best Under A Billion' by Forbes Magazine

Modern Beauty Accredited as `Asia's 200 Best Under A Billion' by Forbes Magazine

October 09, 2007

The Only Beauty Services Company in Asia That Make the
List


    HONG KONG, Oct. 9 /Xinhua-PRNewswire/ -- Modern Beauty
Salon Holdings Limited (HKEx: 0919) is pleased to announce
that the company was accredited as "Asia's 200 Best
Under A Billion" by the renowned international
business magazine, Forbes Magazine.  This honour reflects
Modern Beauty's top-of-the-class brand as well as the
strong reputation for its outstanding performance and
dedicated service in the beauty services industry has
gained international recognition.  

    Ms. Joyce Tsang, Modern Beauty Chairperson and Chief
Executive Officer, said, "We are honored to receive
such accolade from Forbes Magazine, a global reputable
business magazine.  This reflects the trust they have in
Modern Beauty and our commitment to giving professional
beauty services, and our innovative efforts and constant
dedication in enhancing service quality have reached
international standards.  Looking ahead, we will continue
our dedication in delivering outstanding financial
performance and professional beauty services, with the view
of striving to increase value to our shareholders."

    Forbes' annual Best Under A Billion list draws from
over 22,500 publicly listed outfits in Asia and the
Pacific.  Those with less than USD$1 billion in sales are
vetted for consistent growth of both sales and profits over
three years, that have posted solid top-and bottom-line
gains and appear to be headed for more.  Among the top 200
enterprises, there are 22 Hong Kong enterprises who make
the Best Under a Billion roster, and Modern Beauty is the
only beauty services company in Asia that make the list
this year.  

    About Forbes Asia's 200 Best Under A Billion:
   
http://www.forbes.com/lists/2007/24/markets_07bub_Asias-200-Best-Under-A-Billion_Company.html
.

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both lines into the browser.


    For enquiries, please contact Modern Beauty Salon:

     Junkui Yan
     Marketing department
     Shanghai
     Tel: [phone] 
     Fax: [phone]

     Guangzhou: [phone]
     Beijing:   [phone]