The board of directors of Cathay Pacific Airways Limited announced that Mr. WANG Changshun has resigned as a non-executive director and deputy chairman of the board of the company with effect from 27th January 2014. Mr. WANG Changshun has confirmed that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the company. He has also confirmed that his resignation is due to his change of job assignments and resignation on 27th January 2014 as Chairman of the Board and a Non-Executive Director of Air China Limited and that he is not aware of any disagreement with the Board of the company.