COSCO CORPORATION (SINGAPORE) LIMITED

(Company Registration No. 196100159G)



CHANGES IN THE COMPOSITION OF THE BOARD AND ENTERPRISE RISK MANAGEMENT COMMITTEE OF THE COMPANY

The Board of Directors ("the Board") of COSCO Corporation (Singapore) Limited ("the Company") wishes to announce the resignation of Mr Ye Bin Lin as Chief Financial Officer of the Company with effect from 2 October 2012. Subsequent to his resignation above, he will also cease to be the alternate director to Mr Ma Zhi Hong and a member of the Enterprise Risk Management Committee with effect from the date of his resignation.
Mr Ma Hong Han, the new Chief Financial Officer of the Company, has been appointed as alternate director to Mr Ma Zhi Hong and a member of the Enterprise Risk Management Committee with effect from 2 October 2012.
The particulars of Mr Ye Bin Lin and Mr Ma Hong Han pursuant to the requirements of Rule 704(7) of the Listing Manual of Singapore Exchange Securities Trading Limited will be furnished in separate announcements.

COMPOSITION OF BOARD

Following the abovementioned changes, with effect from 2 October 2012, the Board comprises the following members: -
Mr Ma Ze Hua - Chairman and Non-Independent Non-Executive Director
Mr Wu Zi Heng - Vice Chairman, President and Non-Independent Executive
Director
Mr Liu Lian An - Non-Independent Executive Director
Mr Wang Hai Min - Non-Independent Non-Executive Director Mr Ma Zhi Hong - Non-Independent Non-Executive Director Mr Wang Yu Hang - Non-Independent Non-Executive Director Mr Tom Yee Lat Shing - Non-Executive Independent Director
Dr Wang Kai Yuen - Non-Executive Independent Director Mr Er Kwong Wah - Non-Executive Independent Director Mr Ang Swee Tian - Non-Executive Independent Director
Alternate Directors:
Mr Li Jian Xiong - Alternate to Mr Ma Ze Hua Mr Ma Hong Han - Alternate to Mr Ma Zhi Hong Mr Liu De Tian - Alternate to Mr Wang Yu Hang

Members of the Enterprise Risk Management Committee

Mr Ang Swee Tian (Chairman) Mr Wu Zi Heng
Mr Tom Yee Lat Shing
Dr Wang Kai Yuen Mr Er Kwong Wah Mr Wang Yu Hang Mr Ma Hong Han Mr Liu De Tian
Mr Liu Lian An
By Order of the Board
Wu Zi Heng
Vice Chairman and President
1 October 2012

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