The board of directors of Travel Expert (Asia) Enterprises Limited announced that in compliance with the forthcoming amendments to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited which will come into effect on 1 April 2012, Ms. Cheng Hang Fan ceased to act as the chairman, but remains as a member, of the remuneration committee of the company with effect from 28 March 2012. Mr. Mak King Sau, an independent non-executive director of the company and an existing member of the remuneration committee, has been appointed as the chairman of the remuneration committee with effect from 28 March 2012. The board also announced that Mr. Mak ceased to act as the chairman, but remains as a member, of the nomination committee of the company with effect from 28 March 2012. Mr. Szeto Chi Man, an independent non-executive director of the company and an existing member of the nomination committee, has been appointed as the chairman of the nomination committee with effect from 28 March 2012.