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Hong Kong Monetary Authority

Press Release

Appointment of Board of Director

of Exchange Fund Investment Limited

Exchange Fund Investment Limited (EFIL) announced that with effect from 7 December 2000, Ms Au King-chi has been appointed as a Director of the company. EFIL also announced that it has received the resignation from the Board of EFIL of Mrs Rebecca Lai Ko Wing-yee.

"I would like to thank Mrs Lai for her valued service and contribution to the work of EFIL over the past two years," said the Honourable Yang Ti-liang, Chairman of EFIL. "On behalf of fellow Board members, I also welcome Ms Au, and I look forward to working with her closely."

Directors of EFIL are appointed by the Financial Secretary as shareholder of EFIL on a personal basis. The latest composition of the Board is attached in the Annex.

For further enquiries, please contact:

Kent Chen, Chief Corporate Development Manager at 2912 0165

Exchange Fund Investment Limited

8 December 2000


Annex

Exchange Fund Investment Limited

Board of Directors

The Honourable Yang Ti-liang, GBM, JP     (Chairman)
Member of the Executive Council

Ms Au King-chi, JP
Deputy Secretary for Financial Services

The Honourable Chan Kam-lam
Member of the Legislative Council

Mr Norman Chan Tak-lam, SBS, JP
Deputy Chief Executive
Hong Kong Monetary Authority

Mr Eddy C. Fong, SBS, JP
Partner of PricewaterhouseCoopers

Mr Edward Ho Sing-tin, SBS, JP
Managing Director
Wong Tung & Partners Limited

The Honourable Hui Cheung-ching
Member of the Legislative Council

Mrs Marian Li Chan Sien-mun
Chief Executive Officer
Exchange Fund Investment Limited

Professor Tsang Shu-ki
Department of Economics
Hong Kong Baptist University

Mr William Turnbull, OBE, JP
Retired Solicitor

Ms Amy Yip Yok-tak, BBS, JP
Executive Director
Hong Kong Monetary Authority


Source: Hong Kong Monetary Authority
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