Neo Telemedia Limited announced that Mr. LIAN Xin and Mr. CHOU Jianzhong will retire from office by rotation pursuant to Article 87(1) of the Articles. Mr. Lian confirmed that he will not offer himself for re-election at the forthcoming annual general meeting of the Company to be held on 1 April 2016. Following the retirement of Mr. Chou as an independent non-executive Director, Mr. Chou will also cease to be a member of the Audit Committee.

The Board also announced that Mr. HUANG Zhixiong will be appointed as a member of the Audit Committee with effect from the conclusion of the 2016 AGM in place of Mr. Chou.