The board of directors of China Renewable Energy Investment Limited announced the appointment of Mr. HUNG Leung, in place of Mr. TSANG Chi Kin, as an alternate director to Mr. WANG Sing, a non-executive director and a member of the Audit Committee and Investment Committee of the Company, with effect from 1 July 2013. Mr. HUNG, aged 39, is a Principal at TPG Growth Capital (Asia) Limited (TPG) with over 15 years' experience in investment banking and direct investments in Greater China. Since joining TPG in May 2006, Mr. HUNG has led a number of investments in China.

Mr. TSANG has ceased to act as an alternate director to Mr. WANG with effect from 1 July 2013, due to Mr. TSANG's resignation from TPG.