The HKEx Chairman Elected And Committee Members Appointed

At the board meeting today (Wednesday), members voted to appoint Charles Lee Yeh-kwong as the chairman of Hong Kong Exchanges and Clearing Limited (HKEx). The appointment of Mr Lee as the chairman will take effect subject to the written approval of the Chief Executive of Hong Kong Special Administrative Region.

Since less than six candidates were elected by shareholders at the annual general meeting (AGM) held on 15 April 2003, the board of HKEx has today, in accordance with Article 92, appointed John Strickland to fill the casual vacancy. According to the same article, the director so appointed shall hold office only until the next following AGM of HKEx, and shall then be eligible for reappointment.

The board of directors has also appointed members of the various Committees and Consultative Panels.