The Board of Directors of Talent Property Group Limited announced that Mr. Cheung Chung Leung has resigned as an independent non-executive director and a member of the audit committee, remuneration committee and nomination committee of the company with effect from 31 January 2013 due to his personal health status. The Board and Mr. Cheung have confirmed that Mr. Cheung has no disagreement with the Board and there are no other matters in relation to Mr. Cheung's resignation from the above positions that need to be brought to the attention of the shareholders of the company. The Board announced the appointment of Mr. Chan Chi Mong Hopkins as an independent non-executive director, a member of audit committee member, remuneration committee and nomination committee of the company with effect from 31 January 2013.

Mr. Chan, aged 55, is the founder member of the Institute of Leadership and Management, U.K.