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MIDLAND HOLDINGS LIMITED

美 聯 集 團 有 限 公 司*

(Incorporated in Bermuda with limited liability)

(Stock Code: 1200)

APPOINTMENT OF DIRECTOR AND MEMBER OF BOARD COMMITTEES

The Board is pleased to announce that Mr. KAN Chung Nin, Tony has been appointed as Non-executive Director, member of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company with effect from 15 March
2014.
The board of directors (the "Board") of Midland Holdings Limited (the "Company") is pleased to announce the appointment of Mr. KAN Chung Nin, Tony ("Mr. KAN") as Non-executive Director of the Company and member of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company with effect from 15 March 2014.
The Board believes that his appointment achieves board diversification and strengthens corporate governance of the Company.
Mr. KAN, aged 63, LL.B., P.C.L.L., BBS, JP, is the Senior Partner of Tony Kan & Co., Solicitors & Notaries, practising as a Solicitor of the Supreme Court of Hong Kong since
1982. He is also a Solicitor of the Supreme Court of England and Wales, a Barrister and Solicitor of the Supreme Court of the Australian Capital Territory, as well as Advocate and Solicitor of the Supreme Court of the Republic of Singapore. He is also a China Appointed Attesting Officer and a Notary Public. Mr. KAN is currently a Committee Member of the National Committee of the Chinese People's Political Consultative Conference and was a Committee Member of the Guangdong Committee of the Chinese People's Political Consultative Conference for three consecutive terms. Mr. KAN had been an Elected Member of the Sha Tin District Council from 1985 to the end of 2011. He had also been an Elected Member of the Regional Council and he was elected as Vice Chairman of the Council in July 1997 until its dissolution at the end of 1999.
Since 1988, Mr. KAN has served as a Councillor of Heung Yee Kuk in the New Territories and is currently an Ex Officio Member and Executive Committee Member of Heung Yee

* For identification purpose only

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Kuk. Mr. KAN is serving and has served on various advisory committees for the government, including Town Planning Board Member. He is currently a Committee Member of the Hong Kong Housing Authority and a Member of the Election Committee of the Chief Executive of Hong Kong Special Administrative Region. Mr. KAN has been appointed as independent non-executive director of Man Wah Holdings Limited since May 2013, a company listed in Hong Kong. He was Non-Executive Director of the Company and subsequently became the Independent Non-Executive Director of the Company during the period from October 1994 to September 2004. Save as disclosed above, Mr. KAN does not hold any directorship in other listed companies in the last three years.
As at the date of this announcement, Mr. KAN does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Mr. KAN does not have any relationships with any directors, senior management, substantial or controlling shareholders of the Company.
Mr. KAN has entered into an appointment letter with the Company for a term of one year commencing from 15 March 2014. Under the aforementioned appointment letter, Mr. KAN will be entitled to a director's fee of HK$200,000 per annum (or pro-rata according to the period of appointment). The remuneration package of Mr. KAN is recommended by the Remuneration Committee of the Company with reference to his experience, duties and responsibilities to the Company and the prevailing market conditions and determined by the Board in accordance with the authorisation given by shareholders of the Company at the annual general meeting.
According to the bye-laws of the Company, Mr. KAN's office as a Director of the Company is subject to retirement and re-election at the annual general meeting of the Company.
Save as disclosed above, there is no matter relating to the appointment of Mr. KAN that needs to be brought to the attention of the shareholders of the Company nor any information that needs to be disclosed pursuant to the requirements of Rules 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
The Board would like to extend its warm welcome to Mr. KAN for his new appointment as member of the Board.
By order of the Board Midland Holdings Limited MUI Ngar May, Joel Company Secretary
Hong Kong, 14 March 2014

As at the date of this announcement, the Board comprises ten Directors, of which five are Executive Directors, namely Ms. TANG Mei Lai, Metty, Ms. WONG Ching Yi, Angela, Mr. WONG Tsz Wa, Pierre, Ms. IP Kit Yee, Kitty and Mr. CHEUNG Kam Shing; one is Non-executive Director, namely Mr. WONG Kin Yip, Freddie; and four are Independent Non-executive Directors, namely Mr. KOO Fook Sun, Louis, Mr. SUN Tak Chiu, Mr. CHAN Nim Leung, Leon and Mr. WONG San.

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