The board of directors of Sino Land Company Limited announced that Mr. Yu Wai Wai has tendered his resignation as an Executive Director of the company which will take effect from the conclusion of the forthcoming annual general meeting of the company to be held on October 31,, 2012. Mr. Yu will therefore retire at the AGM and will not seek for re-election as a rotating director. Mr. Yu's resignation is on his own accord to pursue his personal interests.