7th Aug 2007 07:00
MTR Corporation Ltd07 August 2007 MTR CORPORATION LIMITED (the "Company") (Incorporated in Hong Kong with limited liability) (Stock code: 66) Appointment of Alternate Directors The Company is pleased to announce that Mr. Alan Lai Nin (Permanent Secretaryfor Financial Services and the Treasury (Treasury)) and Mr. Leung Cheuk-man(Deputy Secretary for Financial Services and the Treasury (Treasury)2) have beenappointed as Alternate Directors to Professor Chan Ka-keung, Ceajer (Secretaryfor Financial Services and the Treasury), non-executive Director of the Company,with effect from 10 July 2007. Mr. Lai (aged 56) and Mr. Leung (aged 41) have not entered into any contract ofservice with the Company nor is either of them appointed for a specific term.They do not receive any emoluments from the Company. Mr. Lai and Mr. Leung were not directors of any company listed on The StockExchange of Hong Kong Limited (the "Stock Exchange") during the past three yearsalthough they were Alternate Directors to Mr. Ma Si-hang, Frederick (the formerSecretary for Financial Services and the Treasury) until 9 July 2007. Followingthe resignation of Mr. Ma as a non-executive Director of the Company with effectfrom 10 July 2007, Mr. Lai and Mr. Leung also ceased to be Alternate Directorsto Mr. Ma with effect from the same date. Mr. Lai has served in various bureaux and departments of the Government of theHong Kong Special Administrative Region (the "Government") since 1974. Beforejoining the Financial Services and the Treasury Bureau, he was the Commissioner,Independent Commission Against Corruption. He is a graduate of the University ofHong Kong, and holds a Master degree of Social Science. Mr. Leung has served in various bureaux and departments of the Government since1987. Before joining the Financial Services and the Treasury Bureau, he wasthe Deputy Director-General of Trade and Industry. He is a graduate of theChinese University of Hong Kong and holds a Stanford University Master ofScience degree in Management. Mr. Lai and Mr. Leung are not related to any Directors, senior management orsubstantial or controlling shareholders of the Company except that they holdposts in the Government, and The Financial Secretary Incorporated which holdsshares in the Company in trust for the Government, is a controlling shareholderof the Company. As at the date of this announcement, neither of them isinterested in any shares of the Company within the meaning of Part XV of theSecurities and Futures Ordinance ("SFO") as recorded in the register required tobe kept under section 352 of the SFO or as otherwise notified to the Company andthe Stock Exchange pursuant to the Model Code for Securities Transactions byDirectors of Listed Issuers. In respect of the appointments of Mr. Lai and Mr. Leung, there is no otherinformation which is discloseable nor are/were they involved in any of thematters required to be disclosed pursuant to any of the requirements of theprovisions of rules 13.51(2)(h) to (v) of the Rules Governing the Listing ofSecurities on the Stock Exchange, and there is no other matter relating to theirappointments which needs to be brought to the attention of the shareholders ofthe Company. By Order of the Board Leonard Bryan Turk Secretary Hong Kong, 6 August 2007 Members of the Board: Dr. Raymond Ch'ien Kuo-fung (Chairman)**, Chow Chung-kong(Chief Executive Officer), Professor Cheung Yau-kai*, David Gordon Eldon*,Christine Fang Meng-sang*, Edward Ho Sing-tin*, Lo Chung-hing*, T. BrianStevenson*, Professor Chan Ka-keung, Ceajer (Secretary for Financial Servicesand the Treasury)**, Secretary for Transport and Housing (Eva Cheng)** andCommissioner for Transport (Alan Wong Chi-kong)** Members of the Executive Directorate: Chow Chung-kong, Russell John Black,William Chan Fu-keung, Thomas Ho Hang-kwong, Lincoln Leong Kwok-kuen, FrancoisLung Ka-kui, Andrew McCusker and Leonard Bryan Turk * independent non-executive Directors** non-executive Directors This announcement is made in English and Chinese. In the case of anyinconsistency, the English version shall prevail. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MTR.L