The board of directors of Chinese Estates Holdings Limited announced that Ms. Lui, Lai-kwan has resigned as an Executive Director of the company with effect from April 27, 2015 as to devote more time to other business and philanthropic commitments. Ms. Lui confirmed that her resignation is not due to disagreement with the board. The board and Ms. Lui also confirmed that there is no matter regarding her resignation that needs to be brought to the attention of the shareholders of the company.