HK Electric Investments Limited announced the following changes to the Boards with effect from November 28, 2014: Resignations of Directors and Deputy Chairman: Mr. TSO Kai Sum has resigned as a Non-executive Director of the Boards, the Deputy Chairman of the Company Board and a Director of HK Electric; and Mrs. CHOW WOO Mo Fong, Susan has resigned as an Executive Director of the Boards and a Director of HK Electric. Appointments of Director, Deputy Chairman and Alternate Director: Mr. LI Tzar Kuoi, Victor has been appointed as a Non-executive Director of the Boards and the Deputy Chairman of the Company Board, and a Director of HK Electric; and Mrs. CHOW WOO Mo Fong, Susan has been appointed as the Alternate Director of the Boards to Mr. FOK Kin Ning, Canning. Mr. Tso will remain as Senior Adviser to the Group and continue to contribute his wealth of experience to the Group.

Mr. Li, aged 50, is a Non-executive Director of Power Assets Holdings Limited (Power Assets), the Chairman of Cheung Kong Infrastructure Holdings Limited (CKI) and CK Life Sciences Int'l., (Holdings) Inc., the Managing Director, Deputy Chairman and the Chairman of Executive Committee of Cheung Kong (Holdings) Limited (CKH), the Deputy Chairman of Hutchison Whampoa Limited (HWL) and the Co-Chairman of Husky Energy Inc. Mr. Li is a Director of each of Li Ka-Shing Unity Trustee Company Limited (TUT1) as trustee of The Li Ka-Shing Unity Trust (UT1), Li Ka-Shing Unity Trustee Corporation Limited (TDT1) as trustee of The Li Ka-Shing Unity Discretionary Trust (DT1) and Li Ka-Shing Unity Trustcorp Limited (TDT2) as trustee of another discretionary trust (DT2). Mrs. Chow, aged 61, has been appointed to the Boards of the Trustee-Manager and the Company as an Executive Director in December 2013 and as a Director of HK Electric since January 1996, and has resigned from these offices with effect from 28 November 2014.