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| | MTR CORP LTD - MTRJF Annual and Transition Report (foreign private issuer) (20-F) Item 4. Information on the Company. |
 | | In addition, under the MTR Ordinance, the Company was granted the franchise for an initial period of 50 years (which may be extended) to operate and develop the MTR, subject to the terms and conditions contained in the operating agreement, dated June 30, 2000, between the Government and the Company (the "Operating Agreement"). |
 | | Average MTR Lines weekday patronage was 2.33 million in 1998, 2.28 million in 1999, 2.24 million in 2000, 2.23 million in 2001, and 2.26 million in 2002, and average Airport Express Line daily patronage was 21,900 in 1998, 28,500 in 1999, 28,300 in 2000, 24,700 in 2001 and 23,200 in 2002. |
 | | In particular, patronage on the MTR Lines during the SARS outbreak was lower despite the additional patronage attributable to the Tseung Kwan O Line, and patronage on the Airport Express Line during the SARS outbreak was significantly lower compared to the corresponding period in 2002. |
| sec.edgar-online.com /2004/06/25/0001193125-04-108763/section5.asp (15884 words) |
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