Singapore Airlines has been recognised by the Securities Investors Association (Singapore) (SIAS) for its efforts to communicate corporate results to the investing public, the financial community and the media. The Airline was awarded the "Most Transparent Company Award" in the Transport/Storage/Communications category for the second consecutive year by SIAS at its 7th Investors' Choice Awards presentation dinner on 22 September 2006.

The Airline is also a joint winner in the Big Caps category for companies with $1 billion or more in capitalization. Last year, it was the runner up.

"We are proud to receive the award for the second year running. It is gratifying to know that Singapore Airlines' effort to communicate effectively with investors, analysts, fund managers and journalists is appreciated by them; it is also good to know that we have met and satisfied the high standards set by them," said Singapore Airlines Vice President Financial Planning & Control, Mr Goh Soon Fong, who received the awards on behalf of the Airline.

"This award is also a tribute to our hard working staff for the good work they do and I am sure it will motivate them to do even better," added Mr Goh.

SIAS launched the Awards in 2000 to encourage public listed companies to be more transparent so as to help investors make informed decisions on their investments. Corporate transparency in turn helps companies to attract investors.

Companies nominated for the Awards are judged by a selection panel on key criteria such as timeliness of news releases, substantiality and clarity of the news content, degree of media access, frequency of corporate results announcements, availability of segmental information and communication channels such as the website and webcasting.

The panel, appointed by the Management Committee of SIAS, selected the winners from nominations received from investment analysts, heads of research, fund managers and members of the mass media.

The selection panel comprised members of the media, investors, investment analysts, equity sales and asset management firms.