Poly Property Group Co., Limited announced that at the annual general meeting of the Company held on May 15, 2013 Mr. Yao Kang, J.P. (Mr. Yao) who did not offer himself for re-election, retired as an independent non-executive director of the Company (INED) immediately following the conclusion of the AGM due to the reach of his age of retirement. Mr. Yao also ceased to be the Chairman of the Audit Committee and the Remuneration Committee of the Company at the same time. The company further announced that with effect from the conclusion of the AGM, Ms. Leung Sau Fan, Sylvia has been appointed as the Chairlady of the Audit Committee of the Company and Mr. Wong Ka Lun has been appointed as the Chairman of the Remuneration Committee of the Company.