The board of directors of China Shipping Container Lines Company Limited announced that Mr. Zhang Rongbiao has tendered his resignation as non-executive director on 8 January 2014 due to change of job assignments. The resignation of Mr. Zhang will take effect upon appointment of a new non-executive director to be approved at the meeting of the shareholders of the company to fill the vacancy. The Board further announced that Mr. Liu Xihan has been nominated as a non-executive Director.

Such appointment is subject to the approval by the Shareholders at a shareholders meeting to be held. Subject to the approval by the shareholders, it is the intention of the Board that the appointment of Mr. Liu is to fill the vacancy arising from the resignation of Mr. Zhang. Mr. Liu is currently the deputy general manager and a member of the Communist Party Committee of China Shipping (Group) Limited.