The board of directors of Kerry Properties Limited announced that Ms. Wong Yu Pok, Marina ("Ms. Wong"), the Independent Non-executive Director of the Company ("INED"), shall retire by rotation at the AGM in accordance with the Amended and Restated Bye-laws of the Company. Ms. Wong has decided not to stand for re-election at the AGM. She will therefore retire from her position as the INED, and will cease to be the chairman of each of the Audit and Corporate Governance Committee (the "ACGC") and the Remuneration Committee of the Company (the "RC") and a member of the Nomination Committee of the Company (the "NC"); As at the date of this announcement, the directors of the Company are: Executive Directors: Mr. Kuok Khoon Hua and Mr. Au Hing Lun, Dennis.

Independent Non- executive Directors: Ms. Wong Yu Pok, Marina, JP, Mr. Hui Chun Yue, David, Mr. Chum Kwan Lock, Grant and Dr. Li Rui. Non-executive Director: Ms. Tong Shao Ming.