Shun Tak Holdings Ltd. announced that in compliance with the forthcoming amendments to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited which will take effect on 1 April 2012, the chairperson of the Nomination Committee and Remuneration Committee of the company have been changed with effect from 30 March 2012. Ms. Pansy Ho, the Managing Director of the company, ceased to be the Chairperson of the Remuneration Committee and Nomination Committee, but remains as a member of the committees; Sir Roger Lobo, an independent non-executive director of the company and an existing member of the Remuneration Committee, has been appointed as the chairperson of the Remuneration Committee; and Mr. Charles Ho, an independent non-executive director of the company and an existing member of the Nomination Committee, has been appointed as the chairperson of the Nomination Committee.