The Board of Midland Holdings Ltd. announced that Ms. IP Kit Yee, Kitty, the Executive Director of the company, will cease to be a member of the Nomination Committee and the Remuneration Committee of the company and Ms. WONG Ching Yi, Angela, the Deputy Chairman, Deputy Managing Director and Executive Director of the company, will be appointed as a member of the Nomination Committee and the Remuneration Committee of the company, all with effect from March 16, 2013.