THERE is good news for outstanding teenagers. For the next two months, the Hong Kong Playground Association will be organising a project entitled 'Teen Ambassadors Election '95'. It is an election of outstanding teenagers aged between 10 and 14. The contest will judge participants not just on academic results but also their struggle in the growing process and their contribution to family and society. Such candidates include volunteer workers, those from single-parent families or new immigrant families and former delinquents who are now trying to make good. The election will take place in the middle of the month and forms have been sent to schools, children and youth service units and district boards. Adjudicators include a university professor, a secondary school principal, actress Fung Bo-bo, disc jockey Che Shuk-mui and representatives from social service agencies. This is the first such election in the territory. The activity aims to raise public awareness and provide role models for the younger generation. Ten winners will be selected. They will receive a cash prize of $3,000 and will be invited to represent Hong Kong in an exchange programme in China in the summer.