The board of directors of Kunlun Energy Company Limited announced that Dr. Lau Wah Sum ("Dr. Lau") has tendered his resignation as an independent non-executive director of the company since he has reached the age of retirement. Such resignation has taken effect on 1 January 2017. With effect from 1 January 2017, Dr. Lau has also ceased to be a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Board. Dr. Lau has confirmed that he has no disagreement with the Board and there is no matter that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited in respect of his resignation.