OREANDA-NEWS. April 24, 2014. The board of directors (the “Board”) of Burwill Holdings Limited (the “Company”) is pleased to announce that Mr. ZHU Ming has been appointed as an Executive Director of the Company.

Mr. ZHU Ming, aged 54, was educated at Northeast Military Special School (now renamed as Shenyang Ligong University) major in Finance, joined the Chinese People's Liberation Army in 1976 and had served as platoon leader, company commander, battalion commander and regiment commander. Mr. Zhu was the General Manager of Poly Technologies (Southern) Limited and the Secretary of the Leading Party Members' Group in 1992. Mr. Zhu has extensive qualificationand experience in business operation and management.

He is currently the Chairman of Guangzhou Junhua Economic Development Company Limited and was a director of Lucky Creation Limited. Mr. Zhu did not hold any directorships in any other listed public companies in the past three years. Mr. Zhu does not have any relationship with any other director, senior management or substantial or controlling shareholder of the Company.

As at the date of this announcement, Mr. Zhu does not have any interests in shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Mr. Zhu has entered into a service contract with the Company on 15 April 2014 for a term of one year renewable since effective from 16 April 2014. He is subject to retirement by rotation and re-election at general meeting of the Company in accordance with the Memorandum of Association and Bye-laws of the Company and is entitled to an annual emolument of HKD720,000 under his service contract with the Company.

This excludes bonus which is payable or other benefits which may be granted at the discretion of the Company. The emoluments of the directors are determined with reference to that director’s responsibilities and the Company’s operations as well as remuneration benchmark in the industry and prevailing market conditions.