The Wharf (Holdings) Limited announced that Mr. WOO, Kwong Ching Peter, Chairman of the company, has decided not to stand for re-election upon expiry of the present term of directorship at the forthcoming Annual General Meeting of the company to be held in or about May 2015. Consequently, Mr. Woo will cease to be Chairman and also a Director of the company on conclusion of the AGM. He has accepted an invitation from the board of directors of the company to serve as Senior Counsel of the company upon his retirement from the Board.