MEDIA ADVISORY, June 17, 2004 (PRIMEZONE) --
WHEN: Monday, June 21, 2004 at 10 a.m. WHERE: 12600 Port Road in Pasadena, Texas DIRECTIONS: Traveling south on Highway 146, take Port Road exit traveling east for about one mile. See signage directing you to the groundbreaking site on the left. WHO: PHA Chairman Jim Edmonds, U.S. Congressman Kevin Brady; Texas Secretary of State Geoffrey Connor, Harris County Judge Robert Eckels, City of Pasadena Mayor John Manlove, Walt Niemand of West Gulf Maritime Association, Clyde Fitzgerald of International Longshoremen's Association, David Zachry of Zachry Construction Corporation, several PHA commissioners, executives, staff members, contractors. WHY: Built out in phases over 15 to 20 years to meet market demand, Bayport will have enough space for seven ships and a 378-acre container storage yard. It will have a maximum capacity of about 2.3 million TEUs -- a 200 percent increase over PHA's current container handling capacity. The facility is expected to create approximately 39,000 jobs and contribute approximately $1.6 billion to the Texas economy through wages and tax revenues. Completion of the first phase -- including 1,660 feet of the ultimate 7,000 ft. wharf and approximately 65 acres of the ultimate 1,043 acre facility -- is targeted for mid-2006. As many as 16 contracts totaling more than $180 million will be awarded during the first part of the project. More than half of that amount is expected to be packaged in contracts eligible for the Small Business Development Program, resulting in as much as 35 percent participation by qualified small businesses. AUDIO/ VISUALS: Prepared statements by dignitaries Ceremonial groundbreaking Soil conveyor demonstration TV live shot arrangements available - 24-hour advance notice preferred CONTACTS: Argentina M. James, PHA Public Affairs Director Office: 713-670-2568 Cell: 713-306-6822 Felicia Griffin, PHA Communications Manager Office: 713-670-2644 Cell: 713-594-5620 DUE TO SECURITY RESTRICTIONS, MEDIA ACCESS WILL BE STRICTLY LIMITED TO THE DESIGNATED LOCATION. ALL MEDIA PERSONNEL MUST PRESENT CURRENT PHOTO IDENTIFICATION UPON ENTRANCE. The Port of Houston Authority The Port of Houston Authority owns and operates the public facilities located along the Port of Houston, the 25-mile long complex of diversified public and private facilities designed for handling general cargo, containers, grain and other dry bulk materials, project and heavy lift cargo, and other types of cargo. Each year, more than 6,600 vessels call at the port, which ranks first in the U.S. in foreign waterborne tonnage, second in overall total tonnage, and sixth largest in the world. The Port Authority plays a vital role in ensuring navigational safety along the Houston Ship Channel, which has been instrumental in Houston's development as a center of international trade. The Barbours Cut Container Terminal and Central Maintenance Facility are the first of any U.S. port facilities to develop and implement an innovative Environmental Management System that meets the rigorous standards of ISO 14001. Additionally, the port is an approved delivery point for Coffee "C" futures contracts traded on the New York Board of Trade's Coffee, Sugar & Cocoa Exchange. For more information, please visit www.portofhouston.com