Two leading partners of the Beijing 2008 Olympic Games, Air China and Bank of China, will offer a new co-branded credit card to consumers and Olympic enthusiasts alike. The Air China and Bank of China cooperation on this initiative will allow members of Air China's frequent flyer program, "Air China Companion" to earn travel points more quickly while supporting the Beijing Olympic Games.

Air China and Bank of China on April 26 signed a "Strategic Cooperation Agreement for the Beijing 2008 Olympic Games" and have immediately offered the "Air China Companion-BoC-Visa Olympics Credit Card" as the first step of this alliance. Mr. Li Jiaxiang, Chairman of Air China, Mr. Cai Jianjiang, the President of Air China, Mr. Li Lihui, the President of Bank of China, and Mr. Rupert Keeley, Visa Asia-Pacific Regional President, jointly signed the Agreement.

As the partners of the Beijing 2008 Olympic Games, Air China, Bank of China, and Visa are joining their brands and pooling their resources to deliver new benefits to the public. Their sponsorship of the Beijing Games not only raises the companies' profiles with travelers and consumers, but it also helps focus attention on the historic first-ever hosting of the Olympics in China.

"Air China will continue this cooperation with other Beijing Olympic Games partners to benefit travelers and consumers who share our excitement over the Beijing 2008 Olympic Games," said Mr. Li Jiaxiang, Chairman of Air China. "We are a proud sponsor."