Chairman & Non-executive Director
Dr. CHENG Kar-shun, Henry (aged 63)
GBS

has been Chairman and non-executive Director since June 2007. Dr. Cheng is also a director of a number of the subsidiaries of the Company. He is responsible for the overall planning, strategic development and major policy making of the Group. He holds offices in various listed public companies, including being managing director of New World Development Company Limited, chairman and managing director of New World China Land Limited, chairman of NWS Holdings Limited, Taifook Securities Group Limited and International Entertainment Corporation, and non-executive director of Lifestyle International Holdings Limited and independent non-executive director of HKR International Limited. He is also the managing director of New World Hotels (Holdings) Limited, director of Cheng Yu Tung Family (Holdings) Limited, Centennial Success Limited and Chow Tai Fook Enterprises Limited. Dr. Cheng was a director of New World Mobile Holdings Limited and New World TMT Limited. He acts as 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, Dr. Cheng was awarded the Gold Bauhinia Star by the Government of the Hong Kong Special Administrative Region. Dr. Cheng is the father of Mr. Cheng Chi-kong, Adrian, an executive Director.

Non-executive Director
Mr. AU Tak-cheong (aged 58)

has been non-executive Director since June 2007 and is responsible for overseeing compliance of policy and procedures in relation to accounting matters of the Group. Mr. Au is also the deputy chief financial officer of New World Development Company Limited. He possesses over 30 years of experience in the area of finance and accounting.

Executive Director
Mr. CHENG Chi-kong, Adrian (aged 30)

has been executive Director since June 2007. He is also a member of the Remuneration Committee. Mr. Cheng joined the Group in 2007 and is responsible for overseeing the corporate affairs of the Group. He is an executive director of each of New World Development Company Limited, New World China Land Limited and International Entertainment Corporation. Mr. Cheng is also a director of Centennial Success Limited and Chow Tai Fook Enterprises Limited. He has experience in financial management and worked in a major international bank prior to joining New World Development Company Limited. Mr. Cheng holds a bachelor of arts degree (Cum Laude) on East Asian Studies from Harvard University. Mr. Cheng is the son of Dr. Cheng Kar-shun, Henry, Chairman.

Executive Director and Managing Director
Mr. CHEUNG Fai-yet, Philip (aged 55)

has been Managing Director and executive Director since June 2007. He is also a member of the Remuneration Committee and a director of a number of the subsidiaries of the Company. He joined the Group in 1993 and has been responsible for the overall management of the Group. Mr. Cheung had over 30 years of experience in retail industry and possesses extensive experience in managing retailing stores in the PRC, Hong Kong and Taiwan. Prior to joining the Group, Mr. Cheung has held various senior management positions in large retail groups in Hong Kong and Taiwan including worked as a general manager in a large Japanese department store and as a general manager in the retail division of a UK based conglomerate in Hong Kong and as a general manager in a large pharmaceutical retail company in Taiwan.

Executive Director and Chief Operating Officer
Mr. LIN Tsai-tan, David (aged 59)

has been executive Director of the Group since June 2007. He is also the chief operating officer and a director of a number of the subsidiaries of the Company. He joined the Group in 2001 and has been responsible for the operation and management of the stores. Mr. Lin had over 25 years of experience in the retail industry and possesses substantial experience in the operation and business development of retail chains. Prior to joining the Group, Mr. Lin established and operated a major retail chain in Taiwan. Mr. Lin holds a bachelor of business administration degree from Soochow University.

Executive Director and Chief Financial Officer
Mr. WONG Kwok-kan, Kenneth (aged 46)

has been Director since January 2007 and designated as executive Director since June 2007. He is also the company secretary of the Company and a director of a number of the subsidiaries of the Company. Mr. Wong joined the Group in 1995 and has been the chief financial officer of the Group. He is responsible for the financial management and corporate finance matters of the Group. Mr. Wong has over 15 years experience in the retail industry in the PRC. Prior to joining the Group, Mr. Wong held a senior position in a large retail group in Hong Kong. He holds a bachelor of business administration degree from The Chinese University of Hong Kong, a bachelor of law degree from Tsinghua University and a master of business administration degree from University of Strathclyde. Mr. Wong is a fellow member of The Association of Chartered Certified Accountants of the United Kingdom and an associate member of The Hong Kong Institute of Certified Public Accountants.

Executive Director
Ms. NGAN Man-ying, Lynda (aged 44)

has been Director since January 2007 and designated as executive Director since June 2007. Ms. Ngan joined the Group in 2007 and is responsible for the financial planning and corporate governance of the Group. She is also an executive director, financial controller and company secretary of New World China Land Limited. She has over 20 years of experience in auditing, accounting, business advisory and tax consultancy. Ms. Ngan has previously worked for an international accounting firm in Hong Kong and a tax consulting company in Australia. Ms. Ngan possesses a Bachelor degree in Business from University of Southern Queensland and is a Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants and a fellow member of The Association of Chartered Certified Accountants of the United Kingdom.

Independent non-executive Director
Mr. CHEONG Ying-chew, Henry (aged 62)

has been independent non-executive Director since June 2007. He is also a member of the Audit Committee and the Remuneration Committee. Mr. Cheong has over 30 years' experience in securities industry. He has been a director of the Worldsec Group of companies which he founded in 1991 together with the Mitsubishi Bank in Japan. Mr. Cheong currently serves as a director and deputy chairman of Worldsec Limited, a company listed on the London Stock Exchange. Prior to setting up the Worldsec Group in 1991, he was a director of James Capel (Far East) Limited for 5 years with overall responsibility of Far East sales. His earlier professional experience includes 11 years with Vickers da Costa Limited in Hong Kong, latterly as managing director. Mr. Cheong holds a Bachelor of Science (Mathematics) degree from Chelsea College, University of London and a Master of Science (Operational Research and Management) degree from Imperial College, University of London.

Mr. Cheong is an independent non-executive director of each of Cheung Kong (Holdings) Limited, Cheung Kong Infrastructure Holdings Limited, Excel Technology International Holdings Limited, SPG Land (Holdings) Limited, TOM Group Limited and FPP Golden Asia Fund Inc. (formerly known as "Jade Asia Pacific Fund Inc."), a company listed in Ireland. He was an independent non- executive director of Forefront International Holdings Limited (now known as Forefront Group Limited) and Hutchison Global Communications Holdings Limited (which has been privatized and withdrawn from listing in The Stock Exchange of Hong Kong Limited in July 2005). He is also a member of the Corporate Advisory Council of the Hong Kong Securities Institute and a member of Disciplinary Panel A of Hong Kong Institute of Certified Public Accountants.

Independent non-executive Director
Mr. CHAN Yiu-tong, Ivan (aged 56)

has been independent non-executive Director since June 2007. He is also the chairman of the Audit Committee and a member of the Remuneration Committee. He has more than 18 years of audit and consulting experience with multinational and PRC corporations. He was the audit engagement partner for many of the B-share and H-share listings in the early 90s. In addition, Mr. Chan had been with a leading British merchant bank and an international accounting firm, specializing in mergers and acquisitions in the PRC. Mr. Chan graduated from the London School of Economics with a Bachelor of Science degree in Economics.

Independent non-executive Director
Mr. TONG Hang-chan, Peter (aged 65)

has been independent non-executive Director since June 2007. He is also the chairman of the Remuneration Committee and a member of the Audit Committee. He is currently the managing director of Global Corporate Services Limited. Mr. Tong has more than 40 years of management experience with leading international retail chains and high-tech companies in Hong Kong and South East Asia, specializing in high-fashion and accessories brand management as well as in establishing sales and distribution networks through joint ventures and franchises. He was the chief operating officer of New World CyberBase Limited (now known as Mongolia Energy Corporation Limited), an executive director of Sa Sa International Holdings Limited, a vice president of Tiger Enterprises Limited and the president of Giordano Japan Limited (both subsidiaries of Giordano International Limited), managing director of Longchamp Company Limited, executive director of Dickson Development Company Limited, and managing director of Christabel Trading Company Limited and Verwin Company Limited (both affiliates of The Swank Shop). Mr. Tong has been appointed as the Chairman of Staff Panel, a member of Scout Supply Services Committee and a member of executive committee of Scout Association of Hong Kong.

Independent non-executive Director
Mr. YU Chun-fai, Henry (aged 48)

has been independent non-executive Director since June 2007. He is also a member of the Audit Committee and the Remuneration Committee. Mr. Yu has over 20 years of experience in the financial services industry and he is currently the director and the chief executive officer of Oriental City Group plc., a company listed on PLUS market in London, United Kingdom. Prior to joining Oriental City Group plc., Mr. Yu was a Vice President in the Private Wealth Management Division of Morgan Stanley (Asia) Ltd., a Vice President of AIG Asset Management (Asia) Ltd. and the Head of Marketing of Allianz Dresdner Asset Management. He holds a Bachelor of Business Administration degree from University of North Texas, USA and a candidate of Master of Business Administration degree of Golden Gate University, USA.