Sino Land : Appointment of Ms. Velencia Lee as an Executive Director

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(Incorporated in Hong Kong with limited liability)

(Stock Code: 83)

APPOINTMENT OF EXECUTIVE DIRECTOR

The board of directors (the "Board") of Sino Land Company Limited (the "Company") is pleased to announce that Ms. Velencia Lee ("Ms. Lee") will be appointed as an Executive Director of the Company with effect from 1st July, 2019.

Ms. Lee, aged 54, joined the Company as an Associate Director - Finance in 2011 and has been the Company Secretary of the Company since 2012 and the Chief Financial Officer of the Company since 2014. She is the Chief Financial Officer and the Company Secretary of Tsim Sha Tsui Properties Limited and Sino Hotels (Holdings) Limited, and also a director of a number of subsidiaries and associated companies of the Company. She is a graduate from the Imperial College of Science, Technology and Medicine, London, UK and has extensive professional knowledge and experience in accounting and finance. Ms. Lee is an Associate Member of The Institute of Chartered Accountants in England and Wales and an Associate Member of The Hong Kong Institute of Certified Public Accountants.

Save as disclosed above, Ms. Lee does not hold and has not in the last three years held any directorships in other public companies the securities of which are listed on any securities market in Hong Kong or overseas, and other major appointments and professional qualifications. She does not have any other relationship with any director, senior management, substantial shareholder or controlling shareholder of the Company.

The Company's emolument policy is to ensure that the remuneration offered to employees, including Executive Directors and senior management, is based on skill, knowledge, responsibilities and involvement in the Company's affairs. The remuneration packages of Executive Directors are also determined by reference to the Company's performance and profitability, the prevailing market conditions and the performance or contribution of each Director. Under her contract of employment, Ms. Lee will receive an annual salary which together with other benefits amounting to approximately HK$3,947,040 and is eligible to receive a performance-related discretionary bonus. Ms. Lee is entitled to an annual director's fee of HK$20,000 or such other sum of director's fee to be fixed by the Board pursuant to the authority granted by the shareholders at the annual general meetings. There is no director's service contract entered into between Ms. Lee and the Company. There will be no fixed term of Ms. Lee's service as a director of the Company, but she will be subject to retirement by rotation and re-election at annual general meetings of the Company in accordance with the Articles of Association of the Company.

As at the date hereof, Ms. Lee does not have any interest in shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

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Save as disclosed above, there is no other matter relating to the appointment of Ms. Lee that needs to be brought to the attention of the shareholders of the Company and there is no other information that needs to be disclosed pursuant to the requirements of Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Board expresses its warm welcome to Ms. Lee on joining the Board.

By Order of the Board

Robert Ng Chee Siong

Chairman

Hong Kong, 11th June, 2019

As at the date hereof, the Executive Directors of the Company are Mr. Robert Ng Chee Siong, Mr. Daryl Ng Win Kong, Mr. Ringo Chan Wing Kwong, Mr. Gordon Lee Ching Keung and Mr. Sunny Yeung Kwong, the Non-Executive Director is The Honourable Ronald Joseph Arculli, and the Independent Non-Executive Directors are Dr. Allan Zeman, Mr. Adrian David Li Man-kiu, Mr. Steven Ong Kay Eng and Mr. Wong Cho Bau.

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