The board of directors of The Link Management Limited, as manager of The Link Real Estate Investment Trust announced that Mr. Michael Ian ARNOLD (‘Mr. ARNOLD'), who was appointed as an independent non-executive director of the manager on September 03, 2004, has retired from the office effective from September 03, 2013 upon completion of the maximum term of service of 9 years for independent non-executive director in accordance with the compliance manual of the manager. The Board also announced that Mr. ARNOLD has ceased to act as a member of the nomination committee, the human resources and compensation committee, and the finance and investment committee of the manager, all effective from September 03, 2013. Professor Richard WONG Yue Chim, an existing independent non-executive director of the manager, has been appointed as a member of the nomination committee of the manager effective from September 03, 2013.