The board of directors of Midland Holdings Limited announced the change of directors of the company and Board committees: resignation of Mr. WANG Ching Miao, Wilson as Independent Non-executive Director, member of the Audit Committee, the Remuneration Committee and the Nomination Committee and the Chairman of the Nomination Committee Mr. WANG Ching Miao, Wilson has resigned as Independent Non-executive Director, member of the Audit Committee, the Remuneration Committee and the Nomination Committee and the Chairman of the Nomination Committee of the company with effect from 24 September 2013 due to his decision to devote more time to his other business commitments. Mr. WANG confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company. Mr. WONG San has been appointed as Independent Non-executive Director, member of the Audit Committee, the Remuneration Committee and the Nomination Committee of the company with effect from 24 September 2013.

He is the founder of and is currently the Managing Director of Samson Wong & Associates Property Consultancy Limited. Mr. WONG has over 30 years' experience in property consultancy management, including real estate development, building survey and design, project planning & management and facility management, conversant with the Mainland and overseas real estate industry and also international joint venture development projects. Mr. Koo Fook Sun, Louis, Independent Non-executive Director and existing member of the Nomination Committee of the company, has been appointed as Chairman of the Nomination Committee of the company with effect from 24 September 2013.