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YEAR-END TOURNAMENT CIRCLES THE GLOBE

2002 Tennis Masters Cup bound for Shanghai

LONDON, JULY 6 – Shanghai, China's largest city, will host the 2002 Tennis Masters Cup, the season-ending tournament co-owned by the ATP, Grand Slams and the ITF. The eight best players of the year will compete to win this prestigious title and potentially be crowned World No.1.

The 2002 men's year-end finale will be the biggest professional sporting event China has ever hosted.

"We are thrilled to have our third Tennis Masters Cup in such a unique city as Shanghai and feel privileged to be the first major individual sport to bring its world championship to China," said Mark Miles, CEO of the ATP.

"Our goal, along with the Grand Slams and the ITF, was to share this event on a rotating basis with the world's greatest cities. From Lisbon last year, to Sydney this year and now Shanghai, it has proven to be a truly global event.

"With the help of the Grand Slam Development Fund, the ITF takes pride in the work it has done to grow the game of tennis in China," said ITF President Francesco Ricci Bitti. "There is an enormous enthusiasm for tennis in China and we feel the combination of a great venue and top players will make the Tennis Masters Cup in Shanghai a huge success."

The bid for the Tennis Masters Cup comes from the Shanghai Administration of Sport, with direct backing from the Shanghai Municipal Government and the central government in Beijing, who are also a candidate for the 2008 Olympic Games.

The event will be held in November 2002 at the Shanghai New Expo Centre. The
center, planned to house 15 convention halls, is a joint partnership between the Shanghai Municipal Government and Messe, Hannover, Munich and Dusseldorf. The fifth hall, due for completion in March next year, will provide a 10,000+ seat venue to stage the Tennis Masters Cup.

Shanghai will be the third city to host the year-end finale, with the second
Tennis Masters Cup being held this November at the Sydney SuperDome in
Australia. Shanghai has been the home of the very successful Heineken Open for the past three years.

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