Macquarie APTT Management Pte. Limited, the Trustee- Manager of Asian Pay Television Trust (APTT), notes the departure of Ms. Loke Kheng Tham who has decided to pursue opportunities outside of Taiwan. Ms. Tham, who will depart in July 2014, has been the President of Taiwan Broadband Communications (TBC) since February 2008 with responsibility for product, marketing and content.

Mr. David Huang and Mr. Peter Pan, both Senior Vice-Presidents of TBC, will assume these responsibilities. Mr. Huang and Mr. Pan have both been with TBC for over 12 years and have significant experience with product, marketing and content. This transition demonstrates the effective succession planning program that TBC has in place.