The board of directors of Wing Tai Properties Limited announced that it established a nomination committee on February 1, 2013. Messrs. Cheng Hoi Chuen, Vincent, Cheng Wai Chee, Christopher, Cheng Wai Sun, Edward, Yeung Kit Sheung, Jackson and Haider Hatam Tyebjee Barma have been appointed as members of the Nomination Committee with effect from February 1, 2013.

The board also announced that Mr. Cheng Hoi Chuen, Vincent has been appointed as an independent non-executive director of the company and as Chairman of the Nomination Committee with effect from February 1, 2013. He is an independent non-executive director of MTR Corporation Limited, Great Eagle Holdings Limited, CLP Holdings Limited, Hui Xian Asset Management Limited, China Minsheng Banking Corp. Ltd. and Shanghai Industrial Holdings Limited.