The board of directors of CSI Properties Limited has resolved to establish a nomination committee with Mr. Chung Cho Yee, Mico as the chairman and Mr. Cheng Yuk Wo and Dr. Lam Lee G. as its members with effect from 13 March 2012. The board also announced the following appointments with effect from March 13, 2012. Mr. Chung Cho Yee, Mico, an executive director of the Company and Chairman of the Board, has been appointed as the chairman of the executive committee of the Board; Mr. Cheng Yuk Wo, an independent non-executive director of the company, has been appointed as the chairman of the audit committee of the Board in compliance with Rule 3.21 of the Listing Rules; and Mr. Cheng Yuk Wo, an independent non-executive director of the Company, has been appointed as the chairman of the remuneration committee of the Board in compliance with the new Rule 3.25 of the Listing Rules which will come into effect on April 1, 2012.