Hysan Development : Change of Board Committee

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Hysan Development Company Limited 希慎興業有限公司

(Incorporated in Hong Kong with limited liability)

(Stock Code：00014)

Change of Board Committee

The Board announces that the Strategy Committee be abolished, effective from 1 January 2019, in view of the Company's strategy discussions forming an integral part of the Board meetings.

Definitions

Unless the context otherwise requires, capitalised terms used in this announcement shall have the following meanings:

"Board"	the board of Directors of the Company;
"Company"	Hysan Development Company Limited, a company incorporated
in Hong Kong with limited liability, the shares of which are
listed on the Main Board of the Stock Exchange;
"Director(s)"	the director(s) of the Company;
"Strategy Committee"	strategy committee of the Board; and
"Stock Exchange"	The Stock Exchange of Hong Kong Limited.
Chairman
Hong Kong, 31 December 2018

By Order of the Board Lee Irene Yun-Lien

As at the date of this announcement, the Board comprises: Lee Irene Yun-Lien (Chairman), Churchouse Frederick Peter**, Fan Yan Hok Philip**, Lau Lawrence Juen-Yee**, Poon Chung Yin Joseph**, Wong Ching Ying Belinda**, Jebsen Hans Michael* (Yang Chi Hsin Trevor as his alternate), Lee Anthony Hsien Pin* (Lee Irene Yun-Lien as his alternate), Lee Chien* and Lee Tze Hau Michael*.

* **Non-Executive Directors Independent Non-Executive DirectorsThis announcement is published on the website of the Company (www.hysan.com.hk) and the designated issuer website of the Stock Exchange (www.hkexnews.hk).

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