Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

RESIGNATION OF NON-EXECUTIVE DIRECTOR AND

MEMBER OF NOMINATION COMMITTEE AND

REMUNERATION COMMITTEE

The Board announces that Dr. Cheng has tendered his resignation as a non-executive Director with effect from 31 August 2014. Upon his resignation, Dr. Cheng will also cease to be the member of nomination committee and
remuneration committee of the Company.

RESIGNATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF NOMINATION COMMITTEE AND REMUNERATION COMMITTEE
The board (the "Board") of directors (the "Director(s)") of Hong Kong Television Network Limited (the "Company") announces that Dr. Cheng Mo Chi, Moses ("Dr. Cheng") has tendered his resignation as a non-executive Director with effect from 31 August 2014 so that he can focus on his other work and commitments. Upon his resignation, he will also cease to be the member of nomination committee and remuneration committee of the Company.
Dr. Cheng has confirmed that he has no disagreement with the Board and there is no other matter that needs to be brought to the attention of the shareholders of the
Company in relation to his resignation.

1

The Board would like to take this opportunity to express its sincere gratitude to
Dr. Cheng for his valuable contributions to the Company during his tenure of service.
By Order of the Board
Hong Kong Television Network Limited Wong Wai Kay, Ricky Chairman
Hong Kong, 20 August 2014
As at the date of this announcement, the executive directors of the Company are Mr. Wong Wai Kay, Ricky (Chairman), Mr. Cheung Chi Kin, Paul (Vice Chairman), Ms. To Wai Bing (Chief Executive Officer), Ms. Wong Nga Lai, Alice (Chief Financial Officer); the non-executive director is Dr. Cheng Mo Chi, Moses; and the independent non-executive directors are Mr. Lee Hon Ying, John, Mr. Peh Jefferson
Tun Lu and Mr. Mak Wing Sum, Alvin.

2

distributed by