Chairman
Dr Cheng Kar Shun, Henry GBS

Dr Cheng (65) was appointed as Executive Director in March 2000 and became the Chairman in March 2001. He is also a member of the Executive Committee of the Company and a director of certain subsidiaries of the Group. Dr Cheng is the Managing Director of New World Development Company Limited, a substantial shareholder of the Company, the Chairman and Managing Director of New World China Land Limited, the Chairman and Non-executive Director of New World Department Store China Limited and the Chairman of International Entertainment Corporation, an independent non-executive director of HKR International Limited and a non-executive director of Lifestyle International Holdings Limited, all being listed public companies in Hong Kong. He was the Chairman of Taifook Securities Group Limited (now known as Haitong International Securities Group Limited), a listed public company in Hong Kong, up to his resignation on 13 January 2010. Dr Cheng is also the Managing Director of New World Hotels (Holdings) Limited and a director of several substantial shareholders of the Company, namely Cheng Yu Tung Family (Holdings) Limited, Cheng Yu Tung Family (Holdings II) Limited, Chow Tai Fook Capital Limited, Chow Tai Fook (Holding) Limited (formerly known as Centennial Success Limited), Chow Tai Fook Enterprises Limited and Mombasa Limited. Dr Cheng is the Chairman of the Advisory Council for The Better Hong Kong Foundation and a Standing Committee Member of the Eleventh Chinese People's Political Consultative Conference of The People's Republic of China. In 2001, he was awarded the Gold Bauhinia Star by the Government of the HKSAR. Dr Cheng is the father of Mr Cheng Chi Ming, Brian, the brother-in-law of Mr Doo Wai Hoi, William and the uncle of Mr William Junior Guilherme Doo.

Deputy Chairman
Mr Doo Wai Hoi, William JP

Mr Doo (67) was appointed as Executive Director in March 2000 and became the Deputy Chairman in January 2003. He was re-designated to Non-executive Director in October 2009. He is also a director of a subsidiary of the Group. Mr Doo's corporate positions include: Vice Chairman and Non-executive Director of New World China Land Limited; Executive Director of Lifestyle International Holdings Limited and Independent Non-executive Director of The Bank of East Asia, Limited and Shanghai Industrial Urban Development Group Limited, all being listed public companies in Hong Kong. Moreover, he was the Deputy Chairman of Taifook Securities Group Limited (now known as Haitong International Securities Group Limited), a listed public company in Hong Kong, up to his resignation on 13 January 2010. He is also a director of New World Hotels (Holdings) Limited and Fung Seng Diamond Company Limited. Mr Doo is a member of the Standing Committee of the Eleventh Chinese People's Political Consultative Conference in Shanghai and the Convener of the Shanghai Committee in Hong Kong and Macau. He has been also serving as a Governor of the Canadian Chamber of Commerce in Hong Kong since 1995. He is the Honorary Consul of the Kingdom of Morocco in Hong Kong. In 2008, he was awarded the Chevalier de la Légion d'Honneur by the Republic of France. Mr Doo is the father of Mr William Junior Guilherme Doo, the brother-in-law of Dr Cheng Kar Shun, Henry and the uncle of Mr Cheng Chi Ming, Brian.

Executive Director
Mr Tsang Yam Pui GBS, OBE, QPM, CPM

Mr Tsang (65) was appointed as Executive Director in June 2004 and is also a member of the Executive Committee and the Chairman of each of the Remuneration Committee and the Corporate Social Responsibility Committee of the Company. He is also a director of certain subsidiaries of the Group. On 20 May 2011, Mr Tsang was appointed as the Chairman and a non-executive director of Newton Resources Ltd, the shares of which were listed on The Stock Exchange of Hong Kong Limited on 4 July 2011. He is the Vice Chairman of New World First Bus Services Limited, Citybus Limited, New World First Bus Services (China) Limited and New World First Ferry Services Limited. He is also the Vice Chairman of China United International Rail Containers Co., Limited in Mainland China and a director of Mapletree Investments Pte Ltd in Singapore. Mr Tsang is the Chairman and a non-executive director of Mapletree Commercial Trust Management Ltd. (as manager of Mapletree Commercial Trust which was listed on the Singapore Stock Exchange on 27 April 2011). Mr Tsang also serves as a member of the Hong Kong Sanatorium & Hospital's Clinical Governance Committee. Prior to joining the Company, Mr Tsang had served with the Hong Kong Police Force for 38 years and retired from the Force as its Commissioner in December 2003. He has extensive experience in corporate leadership and public administration. Mr Tsang was awarded the Gold Bauhinia Star, the OBE, the Queen's Police Medal, the Colonial Police Medal for Meritorious Service, the Commissioner's Commendation, and the HKSAR Police Long Service Medal.

Executive Director
Mr Lam Wai Hon, Patrick

Mr Lam (49) was appointed as Executive Director in January 2003 and is also a member of each of the Executive Committee, the Remuneration Committee and the Corporate Social Responsibility Committee of the Company. He is also a director of certain subsidiaries of the Group. On 20 May 2011, Mr Lam was appointed as the Vice Chairman and a non-executive director of Newton Resources Ltd, the shares of which were listed on The Stock Exchange of Hong Kong Limited on 4 July 2011. He is also a non-executive director of Wai Kee Holdings Limited and Road King Infrastructure Limited, both being listed public companies in Hong Kong, and the Assistant General Manager of New World Development Company Limited, a substantial shareholder of the Company. He is mainly responsible for overseeing the services business of the Group and managing the financial and human resources aspects of the Company. His area of responsibilities in New World Group includes property investment and development as well as service business. Moreover, Mr Lam was a non-executive director of Build King Holdings Limited and Taifook Securities Group Limited (now known as Haitong International Securities Group Limited), both being listed public companies in Hong Kong, up to his resignation on 24 October 2008 and 13 January 2010 respectively. He was also a director of Guangdong Baolihua New Energy Stock Co., Ltd., a listed company in the PRC, up to his resignation on 1 April 2011. Mr Lam is a Chartered Accountant by training and is a fellow of the Hong Kong Institute of Certified Public Accountants and the Institute of Chartered Accountants in England and Wales, and a member of the Institute of Chartered Accountants of Ontario, Canada.

Executive Director
Mr Cheung Chin Cheung

Mr Cheung (55) was appointed as Executive Director in October 2003 and is also a member of each of the Executive Committee and the Corporate Social Responsibility Committee of the Company. He had been an executive director of the Company during the period from May 1998 to January 2003. Mr Cheung is also a director of NWS Infrastructure Management Limited, Sino-French Holdings (Hong Kong) Limited, Far East Landfill Technologies Limited and a number of companies in Mainland China. He is the Vice Chairman of Companhia de Electricidade de Macau - CEM, S.A. and the Managing Director of The Macao Water Supply Company Limited. He is a director of certain subsidiaries of the Group and is mainly responsible for managing the Group's infrastructure business. Mr Cheung had been a member of the Infrastructure Development Advisory Committee and the China Trade Advisory Committee of the Hong Kong Trade Development Council. He has over 20 years of experience in business development, investment and management in the infrastructure business in Mainland China. Mr Cheung is a member of the Hebei Province Committee of the Tenth Chinese People's Political Consultative Conference of The People's Republic of China.

Executive Director
Mr William Junior Guilherme Doo

Mr Doo (38) was appointed as Director in December 2005 and is also a member of each of the Executive Committee and the Corporate Social Responsibility Committee of the Company. He is also a director of certain subsidiaries of the Group. Mr Doo is a solicitor admitted in the HKSAR and is currently a non-practising solicitor in England and Wales. Before joining the Company, he had legal practice experience in one of the largest global law firms specializing in finance and corporate transactions. Since joining the Company in March 2003, Mr Doo has been acting as members of various management committees of the Group. His area of responsibilities includes managing ports investment and operations, and overseeing transport, logistics and water business. He is currently a Standing Committee member of the Eleventh Chinese People's Political Consultative Conference in Beijing of The People's Republic of China. Mr Doo is the son of Mr Doo Wai Hoi, William, the nephew of Dr Cheng Kar Shun, Henry and the cousin of Mr Cheng Chi Ming, Brian.

Executive Director
Mr Cheng Chi Ming, Brian

Mr Cheng (29) was appointed as Executive Director on 1 July 2009 and is also a member of the Executive Committee of the Company. He is also a director of certain subsidiaries of the Group. He has been with the Company since January 2008 and is mainly responsible for overseeing the infrastructure business and the merger and acquisition affairs of the Group. On 20 May 2011, Mr Cheng was appointed as a non-executive director of Newton Resources Ltd, the shares of which were listed on The Stock Exchange of Hong Kong Limited on 4 July 2011. He is currently a non-executive director of Haitong International Securities Group Limited and Fook Woo Group Holdings Limited, both being listed public companies in Hong Kong. He is also a director of Sino-French Holdings (Hong Kong) Limited, Sino-French Energy Development Company Limited, The Macao Water Supply Company Limited and a director of a number of companies in Mainland China. Moreover, Mr Cheng was a non-executive director of Freeman Financial Corporation Limited, a listed public company in Hong Kong, up to his retirement on 30 August 2011. Before joining the Company, Mr Cheng had been working as a research analyst in the Infrastructure and Conglomerates sector for CLSA Asia-Pacific Markets. Mr Cheng holds a Bachelor of Science degree from Babson College in Massachusetts, U.S.A. Mr Cheng is the son of Dr Cheng Kar Shun, Henry, the nephew of Mr Doo Wai Hoi, William and the cousin of Mr William Junior Guilherme Doo.

Non-executive Director
Mr Wilfried Ernst Kaffenberger

Mr Kaffenberger (67) was appointed as Non-executive Director in January 2003. He is an independent financial advisor. In June 2008, he completed his role as Chief Executive Officer of the AIG Asian Infrastructure Fund II (the "Fund"), a US$1.67 billion direct equity investment fund he organized in 1997. Prior to organizing the Fund, he was the Vice President, Operations, of the International Finance Corporation ("IFC"), a World Bank affiliate. His career at IFC covered 25 years. Mr Kaffenberger is, since August 2009, a director of AEI, a Houston, USA, based energy infrastructure company operating in Latin America, Central and Eastern Europe and Asia. Mr Kaffenberger is, with effect from September 2009, a director of BAA Airports Limited, which owns and operates airports throughout the United Kingdom.

Alternate Director to Mr Wilfried Ernst Kaffenberger
Mr Yeung Kun Wah, David

Mr Yeung (61) was appointed as Alternate Director to Mr Wilfried Ernst Kaffenberger in January 2003. Mr. Yeung has over 20 years' experience in infrastructure and private equity investments in Asia, Latin America, Central and Eastern Europe, Middle East and Africa. He is currently an independent financial advisor. Prior to his retirement from PineBridge Investments ("PineBridge") in 2011, Mr. Yeung was the President and Chief Executive Officer of PineBridge Investments Partners LLC, a wholly owned subsidiary of PineBridge and concurrently Head of EM infrastructure investments for PineBridge. He represented PineBridge on its sponsored regional EM infrastructure funds with total committed capital of US$4.7 billion, sat on the Investment Committees of its $3.0 billion sponsored regional EM private equity funds and on the boards of various portfolio companies. Mr. Yeung obtained his MBA degree from the University of Chicago. He is a U.S. Certified Public Accountant and a Canadian Chartered Accountant.

Non-executive Director
Mr To Hin Tsun, Gerald

Mr To (62) was appointed as Independent Non-executive Director in May 1998 and was re-designated to Non-executive Director in August 2002. Mr To has been a practising solicitor in Hong Kong since 1975. He is also qualified as a solicitor in the United Kingdom, as well as an advocate and solicitor in Singapore. Mr To is also a non-executive director of Mongolia Energy Corporation Limited and an executive director of International Entertainment Corporation, both companies' shares being listed on the Main Board of The Stock Exchange of Hong Kong Limited. He was formerly also a non-executive director of Taifook Securities Group Limited (now known as Haitong International Securities Group Limited), a listed public company in Hong Kong, up to his resignation on 13 January 2010.

Non-executive Director
Mr Dominic Lai

Mr Lai (64) was appointed as Independent Non-executive Director in August 2002 and was re-designated to Non-executive Director in September 2004. He is also a member of each of the Audit Committee and the Corporate Social Responsibility Committee of the Company. Mr Lai is a practising solicitor in Hong Kong and is also admitted in England and Wales, the Republic of Singapore, the States of New South Wales and Victoria, Australia. Mr Lai is a senior partner of the Hong Kong law firm, Iu, Lai & Li and has been in practice for more than 35 years. He is also a non-executive director of Midas International Holdings Limited and Oriental Press Group Limited, both being listed public companies in Hong Kong. Moreover, he was an independent non-executive director of Winfoong International Limited, a listed public company in Hong Kong, up to his retirement on 24 May 2011.

Independent Non-executive Director
Mr Kwong Che Keung, Gordon

Mr Kwong (62) was appointed as Independent Non-executive Director in October 2002 and is the Chairman of the Audit Committee and a member of the Remuneration Committee of the Company. He is also an independent non-executive director of a number of Hong Kong listed public companies including Agile Property Holdings Limited, CITIC Telecom International Holdings Limited, China COSCO Holdings Company Limited (appointed on 17 May 2011), China Chengtong Development Group Limited, China Power International Development Limited, Global Digital Creations Holdings Limited, Henderson Investment Limited, Henderson Land Development Company Limited, OP Financial Investments Limited and Quam Limited. Moreover, he was an independent non-executive director of Ping An Insurance (Group) Company of China, Limited (retired on 3 June 2009), Tianjin Development Holdings Limited (retired on 26 May 2010), China Oilfield Services Limited (resigned on 28 May 2010), Frasers Property (China) Limited (retired on 14 January 2011), COSCO International Holdings Limited (retired on 9 June 2011) and Beijing Capital International Airport Company Limited (retired on 15 June 2011), all of which are listed public companies in Hong Kong. Mr Kwong graduated from The University of Hong Kong in 1972, qualifying as a chartered accountant in England in 1977 and was a Partner of Price Waterhouse from 1984 to 1998, an independent member of the Council of The Stock Exchange of Hong Kong Limited from 1992 to 1997, during which, he had acted as convener of both the Compliance Committee and the Listing Committee.

Independent Non-executive Director
Dr Cheng Wai Chee, Christopher GBS, OBE, JP

Dr Cheng (63) was appointed as Independent Non-Executive Director in January 2003 and is a member of each of the Audit Committee and the Remuneration Committee of the Company. Dr Cheng is the Chairman of Wing Tai Properties Limited and Winsor Properties Holdings Limited and an independent non-executive director of New World China Land Limited and Kingboard Chemical Holdings Limited, all being listed public companies in Hong Kong, and an independent non-executive director of DBS Group Holdings Limited, a listed public company in Singapore. He is also a non-executive director of Eagle Asset Management (CP) Limited (as manager of Champion Real Estate Investment Trust). Moreover, he was an independent non-executive director of PICC Property and Casualty Company Limited, a listed public company in Hong Kong, up to his resignation on 23 October 2009. Dr Cheng has a keen interest in the public services. He is currently the Chairman of the Governance Committee of the Hong Kong Government Exchange Fund Advisory Committee, a member of the Council of The University of Hong Kong and a steward of the Hong Kong Jockey Club. He also serves as a member of the board of Overseers at Columbia Business School, the board of Temasek Foundation CLG Limited, and a member on the President's Council on International Activities of the Yale University. Dr Cheng is the former Chairman of the Hong Kong General Chamber of Commerce. Dr Cheng holds a BBA from the University of Notre Dame, Indiana, USA, and an MBA from Columbia University, New York and was conferred the degree of Doctor of Social Sciences honoris causa by The University of Hong Kong.

Independent Non-executive Director
The Honourable Shek Lai Him, Abraham SBS, JP

Mr Shek (66) was appointed as Independent Non-executive Director in September 2004 and is a member of each of the Audit Committee and the Remuneration Committee of the Company. Mr Shek graduated from the University of Sydney with Bachelor of Arts. He is a member of the Legislative Council for the HKSAR representing real estate and construction functional constituency since 2000. Currently, Mr Shek is a member of the Court of each of The Hong Kong University of Science & Technology and The University of Hong Kong. Mr Shek is a director of The Hong Kong Mortgage Corporation Limited and an independent non-executive director of MTR Corporation Limited, Midas International Holdings Limited, Paliburg Holdings Limited, Lifestyle International Holdings Limited, Chuang's Consortium International Limited, Chuang's China Investments Limited (also acts as Chairman), ITC Corporation Limited, ITC Properties Group Limited (also acts as Vice Chairman), Titan Petrochemicals Group Limited, Country Garden Holdings Company Limited, Hsin Chong Construction Group Limited, Hop Hing Group Holdings Limited, SJM Holdings Limited, Kosmopolito Hotels International Limited and China Resources Cement Holdings Limited, all of which are companies whose shares are listed on The Stock Exchange of Hong Kong Limited. He is also an independent non-executive director of Eagle Asset Management (CP) Limited (the manager of Champion Real Estate Investment Trust) and Regal Portfolio Management Limited (the manager of Regal Real Estate Investment Trust), both of the trusts are listed on The Stock Exchange of Hong Kong Limited. Moreover, he was a director of See Corporation Limited, a listed public company in Hong Kong, up to his resignation on 1 October 2008. Mr Shek was awarded the Silver Bauhinia Star by the Government of the HKSAR in 2007.