Lai Sun Development Company Limited announced that Mr. Ip Shu Kwan, Stephen, an independent non-executive director of the Company, has been appointed as a member of the audit committee of the Company and Mr. Lam Bing Kwan, an independent non-executive director of the Company, has been appointed as a member of the nomination committee of the Company with immediate effect. After the above appointments, the composition of the Audit Committee and the Nomination Committee are as follows: the Audit Committee comprises three independent non-executive directors namely, Messrs. Leung Shu Yin, William, Lam Bing Kwan and Ip Shu Kwan, Stephen; and the Nomination Committee comprises three members, namely Dr. Lam Kin Ngok, Peter ("Dr. Lam"), executive director and Chairman and two independent non-executive directors, namely Messrs.

Leung Shu Yin, William and Lam Bing Kwan, whilst Mr. Chew Fook Aun, executive director and Deputy Chairman, has been appointed alternate to Dr. Lam.